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In a challenging year for the hospitality sector, Chatham Lodging (NYSE:CLDT) Trust’s stock has marked a new 52-week low, dipping to $7.46. According to InvestingPro data, the REIT currently offers a 4.71% dividend yield and maintains a market capitalization of $361 million. The real estate investment trust, which focuses on upscale extended-stay hotels and premium-branded select-service hotels, has seen its shares struggle to gain traction in a market still recovering from the impacts of the pandemic. Over the past year, Chatham Lodging Trust has experienced a significant downturn, with its stock value decreasing by 27.61%, reflecting investor concerns over travel demand and operational challenges in the industry. InvestingPro analysis reveals the company generated $316.1 million in revenue and $92.59 million in EBITDA over the last twelve months, with additional insights available in the comprehensive Pro Research Report covering this and 1,400+ other US stocks.
In other recent news, Chatham Lodging Trust reported its fourth-quarter 2024 earnings, exceeding analyst expectations with an earnings per share (EPS) of -0.08, compared to the forecasted -0.14. The company also reported revenue of $75.11 million, slightly above the anticipated $74.57 million. Chatham Lodging Trust repaid $297 million of maturing debt, reducing its net debt by $29 million in 2024. The company demonstrated strong operational performance with a GOP margin of 40.5% and a Hotel EBITDA margin of 32.5%. Analysts from firms like BMO Capital Markets have shown interest in the company’s future acquisition plans, although no acquisitions are currently included in the guidance. For the first quarter of 2025, Chatham Lodging Trust projects RevPAR growth of 3-4% and adjusted EBITDA between $16.7 million and $18.3 million. The company plans to reinvest proceeds from asset sales into accretive acquisitions, leveraging its balance sheet capacity for $200 million in hotel acquisitions. Chatham Lodging Trust’s strategic focus remains on maintaining a strong financial position and exploring growth opportunities.
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