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It is a fairly simple process to select the best hotel REIT Preferred since they all operate similarly, and all hold the same asset class. The primary difference between preferred stocks from the various hotel REITs is their yield and their safety. I have calculated leverage for all of the primary hotel REITs which have issued preferred stocks and by also using their current yield, we can easily compare them.
Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to FFO of $0.07 per share a year ago.
Chatham Lodging Trust has made an impressive turnaround, yet the market doesn't seem to appreciate it. Operating fundamentals and the balance sheet have improved over the past year.
Chatham Lodging Trust (NYSE:CLDT ) Q4 2022 Earnings Conference Call February 23, 2023 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations, IR Jeff Fisher - Chairman, CEO & President Dennis Craven - EVP & COO Jeremy Wegner - SVP and CFO Conference Call Participants Anthony Powell - Barclays Ari Klein - BMO Capital Markets Tyler Batory - Oppenheimer Bryan Maher - B. Riley Securities FBR Operator Greetings and welcome to the Chatham Lodging Trust Fourth quarter 2022 Financial Results Conference Call.
Chatham Lodging (CLDT) delivered FFO and revenue surprises of 11.11% and 3.23%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Chatham Lodging reinstated its dividend. The trust is profiting from improving operational and financial health.
Chatham Lodging Trust (NYSE:CLDT ) Q3 2022 Earnings Conference Call November 8, 2022 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations Jeffrey Fisher - Chairman of the Board, CEO & President Dennis Craven - Executive Vice President & COO Jeremy Wegner - Senior Vice President and Chief Financial Officer Conference Call Participants Ari Klein - BMO Anthony Powell - Barclays Tyler Batory - Oppenheimer Operator Good morning and welcome to the Chatham Lodging Trust Third Quarter 2022 Financial Results Conference Call. All participants will be in listen-only mode.
Chatham Lodging (CLDT) delivered FFO and revenue surprises of 19.05% and 3.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
American Airlines says consumers continue to spend on travel. Smith Travel says RevPar up 12% in week ended October 15.
The travel industry is in a robust upswing. Strong business bookings are supporting occupancy and RevPAR improvements.