News articles about Chatham Lodging Trust (NYSE:CLDT) have been trending positive this week, Accern reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Chatham Lodging Trust earned a news sentiment score of 0.35 on Accern’s scale. Accern also assigned media stories about the real estate investment trust an impact score of 45.9968678280204 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Several research analysts have commented on CLDT shares. BidaskClub raised Chatham Lodging Trust from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. B. Riley reaffirmed a “neutral” rating on shares of Chatham Lodging Trust in a research report on Thursday, November 2nd. Barclays reaffirmed a “hold” rating on shares of Chatham Lodging Trust in a research report on Sunday, November 5th. Finally, Zacks Investment Research lowered Chatham Lodging Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $21.25.
Chatham Lodging Trust (NYSE CLDT) opened at $20.75 on Thursday. The stock has a market capitalization of $942.39, a P/E ratio of 30.51 and a beta of 1.01. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 0.86. Chatham Lodging Trust has a twelve month low of $18.66 and a twelve month high of $23.91.
The business also recently announced a monthly dividend, which will be paid on Friday, March 30th. Stockholders of record on Wednesday, February 28th will be issued a $0.11 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.36%. The ex-dividend date is Tuesday, February 27th. Chatham Lodging Trust’s payout ratio is currently 194.12%.
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About Chatham Lodging Trust
Chatham Lodging Trust is a real estate investment trust. The Company invests primarily in upscale extended-stay and premium-branded select-service hotels. All of the Company’s assets are held by, and all of its operations are conducted through Chatham Lodging, L.P. (the Operating Partnership). The Company owned 41 hotels with an aggregate of 6,163 rooms located in 16 states and the District of Columbia.
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