Chatham Lodging Trust (NYSE:CLDT ) Q3 2024 Earnings Call November 7, 2024 10:00 AM ET Company Participants Chris Daly - Investor Relations Jeff Fisher - Chairman, President, and Chief Executive Officer Dennis Craven - Executive Vice President and Chief Operating Officer Jeremy Wagner - Senior Vice President and Chief Financial Officer Conference Call Participants Jonathan Jenkins - Oppenheimer ...
Chatham Lodging Trust is a lodging REIT focused on extended stay and limited-service hotels, primarily in the Sun Belt region. The company has underperformed the Vanguard Real Estate Index Fund ETF so far in 2024, resulting in a depressed forward AFFO multiple of 7.2x. Over the near term, the company will benefit from Fed easing thanks to its ~57.5% proportion of floating rate debt.
Chatham Lodging Trust (NYSE:CLDT ) Q2 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Chris Daly - President, DG Public Relations Jeff Fisher - Chairman, President and CEO Dennis Craven - EVP, COO Jeremy Wegner - SVP, CFO Conference Call Participants Ari Klein - BMO Capital Markets Operator Greetings, and welcome to the Chatham Lodging Trust Second Quarter 2024 Fina...
Reaching for higher yield doesn't always have to mean taking on too much risk. In this article, I highlight 2 picks with strong fundamentals and balance sheets. Chatham Lodging Trust Preferred Stock and Capital Southwest offer attractive yields above 8% and upside potential.
Chatham Lodging Trust's financial performance for preferred shareholders remains robust, with a strong preferred dividend coverage ratio. The REIT's balance sheet shows low net debt compared to real estate assets, providing a substantial cushion for preferred equity. Series A preferred shares offer an attractive current yield of approximately 8.1%, making them an appealing income-focused invest...
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