Chatham Lodging Trust (NYSE:CLDT) Targets Growth with Strategic Acquisitions and Dividend Increase

Font: Financial Modeling Prep  • Mar 04, 2026

• Simon Yarmak from Stifel Nicolaus sets a price target of $10 for NYSE:CLDT, indicating a potential upside of approximately 20.77%.
• Chatham Lodging Trust announces an 11% increase in its quarterly common dividend to $0.10 per share, reflecting its commitment to shareholder value.
• The company's strategic acquisition of six hotels for $92 million is expected to drive future growth and enhance its hotel portfolio.

Chatham Lodging Trust (NYSE:CLDT) is a real estate investment trust (REIT) that focuses on investing in upscale, extended-stay hotels and premium-branded select-service hotels. The company operates primarily in the United States and aims to provide attractive returns to its shareholders through strategic acquisitions and effective management of its hotel properties. Chatham competes with other hotel REITs like Host Hotels & Resorts and Apple Hospitality REIT.

On March 4, 2026, Simon Yarmak from Stifel Nicolaus set a price target of $10 for NYSE:CLDT, suggesting a potential upside of approximately 20.77% from its current trading price of $8.28. This optimistic outlook is supported by Chatham's recent acquisition of six hotels for $92 million, which equates to about $156,000 per room. This strategic move is expected to enhance the company's portfolio and drive future growth.

Chatham has also announced an 11% increase in its quarterly common dividend to $0.10 per share, marking the second consecutive year of double-digit increases. This reflects the company's commitment to returning value to its shareholders. The board of trustees has declared both the common and preferred dividends, with the common dividend set at $0.10 per share and the preferred share dividend at $0.41 per preferred share, payable on April 15, 2026.

The stock for NYSE:CLDT is currently priced at $8.28, showing an increase of 7.95% with a change of $0.61. Today, the stock has fluctuated between a low of $7.73 and a high of $8.31. Over the past year, the stock has reached a high of $8.42 and a low of $5.83. NYSE:CLDT has a market capitalization of approximately $401.7 million, and the trading volume today is 200,594 shares.

Jeffrey H. Fisher, the president and CEO of Chatham, expressed pride in the company's efforts to reposition itself for growth. He highlighted historically low new supply growth and substantial investments in technology, particularly in artificial intelligence, as key factors in the company's strategy. These efforts are expected to support Chatham's long-term growth and enhance shareholder value.