Chatham Lodging Trust (CLDT) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Chatham Lodging Trust (CLDT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Chatham Lodging Trust is an internally-managed real estate investment trust. The company is organized to invest in upscale extended-stay and premium-branded select-service hotels. Chatham Lodging Trust has a market cap of $838.950 million; its shares were traded at around $18.19 with a P/E ratio of 26.75 and P/S ratio of 2.41. The dividend yield of Chatham Lodging Trust stocks is 7.25%. Chatham Lodging Trust had annual average EBITDA growth of 30.40% over the past five years.


For the last quarter Chatham Lodging Trust reported a revenue of $81.4 million, compared with the revenue of $79.73 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $298.9 million, an increase of 1.7% from last year. For the last five years Chatham Lodging Trust had an average revenue growth rate of 19.1% a year.

The reported diluted earnings per share was 73 cents for the year, a decline of 9.9% from the previous year. The Chatham Lodging Trust had a decent operating margin of 17.75%, compared with the operating margin of 20.06% a year before. The 10-year historical median operating margin of Chatham Lodging Trust is 16.46%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Chatham Lodging Trust has the cash and cash equivalents of $9.33 million, compared with $12.1 million in the previous year. The long term debt was $538.3 million, compared with $582.8 million in the previous year. The interest coverage to the debt is 1.9, which is not a favorable level. Chatham Lodging Trust has a financial strength rank of 4 (out of 10).

At the current stock price of $18.19, Chatham Lodging Trust is traded at close to its historical median P/S valuation band of $20.11. The P/S ratio of the stock is 2.41, while the historical median P/S ratio is 2.64. The stock lost 4.69% during the past 12 months.

For the complete 20-year historical financial data of CLDT, click here.

This article first appeared on GuruFocus.


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