Added to YB: 2025-10-21
Pitch date: 2025-10-18
CLDT [bullish]
Chatham Lodging Trust
+18.71%
current return
Author Info
Waterboy Stocks is a value investor sharing stock pitches on their blog. Sign up for the newsletter.
Company Info
Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust (REIT) focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels.
Market Cap
$363.3M
Pitch Price
$6.27
Price Target
N/A
Dividend
4.81%
EV/EBITDA
8.25
P/E
606.97
EV/Sales
2.47
Sector
Hotel and Resort REITs
Category
value
Chatham Lodging Trust - $CLDT
CLDT: Hotel REIT trading at pandemic lows despite Bay Area RevPAR +9% YTD. EV $766M vs book value $1.14B. Trading 7.2x FCF, 17.8% cap rate. Sold 5 hotels at 6% cap rate (below debt cost). $25M buyback program active. Net debt/EBITDA 4.5x, guiding $20M FCF post-divs 2025. Deep value firm Donald Smith owns 9.8%.
Read full article (3 min)