chatham lodging trust
hab mir gerade mal eine kleine posi gegönnt.
ist im grunde ein unternehmen welches in hotels investiert.
fundamental stehen se gut da, mit einer soliden dividende.
....
Several other analysts have also recently weighed in on CLDT. BB&T Corp. reaffirmed a buy rating on shares of Chatham Lodging Trust in a report on Tuesday, February 2nd. Barclays lowered their price target on Chatham Lodging Trust from $25.00 to $24.00 and set an overweight rating on the stock in a report on Wednesday, March 9th.
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http://sleekmoney.com/...ated-by-analysts-at-stifel-nicolaus/1073572/
schöner ausführlicher bericht/analyse zu chatham,
blick rein lohnt sich
http://seekingalpha.com/article/...dend-reits-entertainment-vs-hotels
http://www.thestreet.com/story/13544824/2/...morrow-crt-cldt-gel.html
- The recent selloff in the hotel and lodging sector has created a unique buying opportunity.
- Chatham Lodging is a highly profitable real estate investment trust with a focus on the upscale/extended stay hotel market - current yielding 6.2%.
- CLDT increased its dividend by 10% in 2016, the sixth straight year of dividend hikes.
- The dividend payout increased by 88% since January 2011.
- CLDT generates twice as much cash as it pays dividends. It is one of the safest high-yield REITs.
http://seekingalpha.com/article/...2-percent?source=feed_all_articles
http://www.sec.gov/Archives/edgar/data/1476045/...16-000118-index.htm
Kurzauszüge:
* Chatham lodging trust announces first quarter 2016 results
* Q1 adjusted FFO per share $0.46
* Fy2016 FFO per share view $2.52 -- Thomson Reuters I/B/E/S
* Chatham lodging trust qtrly average daily rate was up 70 basis points to $159
* Announced a 10 percent increase to chatham's monthly dividend from $0.10 per share to $0.11 per share
* Sees q2 adjusted ffo per diluted share $0.69-$0.71; 2016 adjusted affo $2.35-$2.50
* Q2 FFO per share view $0.76 -- Thomson Reuters I/B/E/S
http://www.reuters.com/article/...edType=RSS&feedName=companyNews
The real estate investment trust, based in West Palm Beach, Florida, said it had funds from operations of $17.7 million, or 46 cents per share, in the period.
...
https://finance.yahoo.com/news/...g-reports-1q-results-110217567.html
http://sleekmoney.com/...ting-for-chatham-lodging-trust-cldt/1194596/
Chatham Lodging Trust (CLDT) Earns Buy Rating from FBR & Co.
http://sleekmoney.com/...cldt-earns-buy-rating-from-fbr-co-2/1194601/
Zacks Investment Research upgraded shares of Chatham Lodging Trust (NYSE:CLDT) from a sell rating to a hold rating in a research report released on Monday.
http://sleekmoney.com/...hold-at-zacks-investment-research-2/1256893/
diluted share was $0.31, slightly below the companys guidance range of
$0.32-$0.34 per share.
* Portfolio Revenue per Available Room (RevPAR) Rose 0.6 percent as
compared to the second quarter of 2015 to $141 for Chathams 38, wholly
owned hotels. Average daily rate (ADR) was up 70 basis points to $164, and
occupancy was flat at 86 percent.
* Adjusted EBITDA Increased $0.1 million to $36.8 million.
* Adjusted FFO Declined $0.5 million to $26.7 million. Adjusted FFO per
diluted share was $0.69, within the companys guidance of $0.69-$0.71 per
share.
* Operating Margins Experienced a 120 basis point decline in comparable
hotel gross operating profit margins (total revenue less total hotel
operating expenses) to 50.7 percent using comparable hotels regardless of
ownership, and comparable hotel EBITDA margins declined 150 basis points
to 44.2 percent.
http://www.bloomberg.com/press-releases/...econd-quarter-2016-results
http://www.bloomberg.com/press-releases/...-quarter-operating-outlook
https://www.thecerbatgem.com/2016/11/01/...-earnings-on-thursday.html
Auszug:
Chatham Lodging Trust (NYSE:CLDT) last posted its earnings results on Wednesday, August 3rd. The company reported $0.69 earnings per share for the quarter, missing the Thomson Reuters consensus estimate of $0.71 by $0.02. The business had revenue of $78 million for the quarter, compared to the consensus estimate of $78.81 million. Chatham Lodging Trust had a return on equity of 4.93% and a net margin of 11.72%. The businesss revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.71 earnings per share. On average, analysts expect Chatham Lodging Trust to post $2.26 EPS for the current fiscal year and $2.28 EPS for the next fiscal year.
http://www.bloomberg.com/press-releases/...third-quarter-2016-results
Auszug:
* Net Income Declined $0.9 million to $13.4 million. Net income per
diluted share was $0.34, in line with the companys revised guidance range
of $0.33-$0.34 per share issued on October 10, 2016.
* Portfolio Revenue per Available Room (RevPAR) Declined 2.1 percent,
compared to the 2015 third quarter to $143 for Chathams 38, wholly owned
hotels. Average daily rate (ADR) improved 1.8 percent to $170, and
occupancy was down 3.9 percent to 84 percent.
* Adjusted EBITDA Declined $2.2 million to $37.2 million.
* Adjusted FFO Declined $1.9 million to $27.4 million. Adjusted FFO per
diluted share was $0.71, within the companys revised guidance of
$0.70-$0.71 per share.
* Operating Margins Experienced a 180 basis point reduction in comparable
hotel gross operating profit margins (total revenue less total hotel
operating expenses) to 50.6 percent, using comparable hotels regardless of
ownership, and comparable hotel EBITDA margins dropped 310 basis points to
43.7 percent.
http://seekingalpha.com/article/...ranscript?source=feed_all_articles
https://www.thecerbatgem.com/2016/11/09/...urchases-25000-shares.html
- Chatham Lodging is a highly profitable real estate investment trust with a focus on the upscale/extended stay hotel market.
- CLDT remains a highly profitable company generating 11.7 % cash returns based on its market cap, out of which it pays a 7% dividend.
- The dividend has a solid coverage of 1.7 times.
- The hotel & lodging REIT sector has been under-performing since early 2015 due to investors' fear about a slowing U.S. economy. This is one of the cheapest property REITs sectors.
- CLDT currently trades at a very low Price/FFO ratio of 8.5 times, which qualifies it as a "dirt cheap" property REIT.
https://www.bloomberg.com/press-releases/...urth-quarter-2016-results
Auszug:
Fourth Quarter 2016 Key Metrics
* Net Income - Declined $1.8 million to $2.7 million. Net income per diluted
share was $0.07 versus $0.12 in the 2015 fourth quarter.
* Portfolio Revenue per Available Room (RevPAR) Declined slightly, 0.8
percent, compared to the 2015 fourth quarter, to $118 for Chathams 38,
wholly owned hotels. Average daily rate (ADR) improved 1.7 percent to
$157, offset by a 2.4 percent occupancy decline to 75 percent.
* Adjusted EBITDA Rose $0.3 million to $26.3 million.
* Adjusted FFO Improved $0.9 million to $17.0 million. Adjusted FFO per
diluted share was $0.44, up 5 percent versus last year and significantly
exceeding the companys guidance of $0.35-$0.38 per share.
* Operating Margins Experienced a 50 basis point reduction in comparable
hotel gross operating profit margins (total revenue less total hotel
operating expenses) to 45.9 percent, using comparable hotels regardless of
ownership. Comparable hotel EBITDA margins dropped 80 basis points to 36.7
percent.
http://seekingalpha.com/article/...am-lodging-trust-dividend-stalwart
https://www.bloomberg.com/press-releases/...irst-quarter-2017-results
Three Months Ended
March 31,
2017 2016
Net income $4.6 $3.3
Diluted net income per common share $0.12 $0.08
RevPAR $125 $124
ADR $163 $159
Occupancy 77% 78%
Adjusted EBITDA $28.1 $27.6
GOP Margin 47.0% 46.6%
Hotel EBITDA Margin 39.9% 39.2%
AFFO $18.1 $17.7
AFFO per diluted share $0.47 $0.46
Dividends per share $0.33 $0.31
https://seekingalpha.com/article/...-results-earnings-call-transcript
https://www.bloomberg.com/press-releases/...cond-quarter-2017-results
Second Quarter 2017 Key Metrics
* Portfolio Revenue per Available Room (RevPAR) - Declined 0.5 percent,
within the guidance range of flat to minus 1.5 percent, to $140, compared
to the 2016 second quarter, for Chathams 38, wholly owned hotels. Average
daily rate (ADR) improved 2.9 percent to $169, while occupancy declined
3.3 percent to 83 percent.
* Increased RevPAR 1.7 percent, excluding its six hotels in
oil-industry influenced Houston and western Pennsylvania markets
where RevPAR declined 20.4 percent.
* Net Income - $5.0 million versus $12.3 million in the 2016 second quarter.
Net income per diluted share decreased to $0.13 versus $0.31 in the 2016
second quarter.
* Adjusted EBITDA - Declined $1.8 million, or approximately 5 percent, to
$35.1 million.
* Adjusted FFO - Decreased to $25.2 million versus $26.8 million in the 2016
second quarter. Adjusted FFO per diluted share was $0.65 versus $0.69 in
the 2016 second quarter, compared to the companys guidance of $0.60-$0.65
per share.
* Operating Margins - operating profit margins (total revenue less total
hotel operating expenses) slipped 130 basis points but remain a strong
49.4 percent. Comparable hotel EBITDA margins also were off, down 200
basis points to 42.2 percent.
* Same-store gross operating profit margins were down 40 basis points
after stripping out one-time adjustments in its workers compensation
liabilities that adversely impacted margins approximately 90 basis
points.
...
Second quarter RevPAR performance for certain key markets:
* Silicon Valley RevPAR declined 0.4 percent, although ADR increased 5.2
percent to $228.
* RevPAR at Chathams three San Diego hotels advanced 7.9 percent.
* Four Houston hotels experienced a RevPAR decline of 20.1 percent.
* Two Los Angeles area hotels experienced a RevPAR decline of 0.4 percent.
* RevPAR at the companys three Boston hotels rose 0.9 percent.
As we look ahead to the balance of the year, the adverse impact on our
portfolio from the six oil-industry influenced markets should diminish, and at
least on a comparable basis, our RevPAR results will start to normalize,
Fisher concluded.
...
Nach einem viertel jahr abstinenz von chatham bin ich jetzt wieder rein.
Und hier mal ein kleiner bericht zu chathi.
Chatham Lodging Trust: 5.8% Covered Yield, Strong Portfolio, Industry Leader, Monthly Dividend, Upside
https://seekingalpha.com/article/...portfolio-industry-leader-monthly
Summary:
- Chatham Lodging Trust is a best-in-class hotel REIT.
- Top real estate portfolio and leading EBITDA-margins make Chatham Lodging Trust an attractive income play.
- Shares sell for a little more than 10x run-rate AFFO. The REIT covers its dividend easily with cash flow.
- Monthly distribution frequency is especially appealing to income investors.
- An investment in CLDT yields 5.8 percent.
Chatham Lodging Trust Announces Fourth Quarter 2017 Results
https://www.bloomberg.com/press-releases/...urth-quarter-2017-results
Fourth Quarter 2017 Key Metrics
* Portfolio Revenue per Available Room (RevPAR) - Increased 1.1 percent,
slightly above guidance, to $120, compared to the 2016 fourth quarter, for
Chatham’s 40, wholly owned hotels. Average daily rate (ADR) improved 0.8
percent to $159, and occupancy grew 0.4 percent to 75.3 percent.
* Portfolio RevPAR declined 0.5 percent, excluding four Houston hotels
where RevPAR rose 23.5 percent, benefiting from demand attributable
to Hurricane Harvey.
* Net Income - Rose $2.8 million to $5.5 million. Net income per diluted
share was $0.12 versus $0.07 in the 2016 fourth quarter.
* Adjusted EBITDA - Equaled last year’s $26.3 million.
* Adjusted FFO - Decreased $1.0 million, or 5.7 percent, to $16.0 million
versus $17.0 million in the 2016 fourth quarter. Adjusted FFO per diluted
share was $0.36 versus $0.44 in the 2016 fourth quarter, compared to
guidance of $0.35-$0.38 per share.
* Excluding the impact of the fourth quarter equity offering, two hotel
acquisitions and one sold hotel, pro-forma Adjusted FFO per share
would be $0.38, above consensus and at the upper end of its guidance.
* Operating Margins - Declined 260 basis points to 43.3 percent. Hotel
EBITDA margins were off 80 basis points to 35.9 percent.