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Last $28.91 USD
Change Today -0.73 / -2.46%
Volume 462.9K
CHSP On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

chesapeake lodging trust (CHSP) Snapshot

Open
$29.57
Previous Close
$29.64
Day High
$29.64
Day Low
$28.90
52 Week High
01/23/15 - $39.05
52 Week Low
10/2/14 - $28.15
Market Cap
1.7B
Average Volume 10 Days
311.4K
EPS TTM
$0.98
Shares Outstanding
59.7M
EX-Date
09/28/15
P/E TM
29.5x
Dividend
$1.60
Dividend Yield
4.50%
Current Stock Chart for CHESAPEAKE LODGING TRUST (CHSP)

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chesapeake lodging trust (CHSP) Details

Chesapeake Lodging Trust is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It primarily invests in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban settings or unique locations. The firm was formerly known as Crown Hospitality Trust. Chesapeake Lodging Trust was founded in June 2009 and is based in Annapolis, Maryland.

13 Employees
Last Reported Date: 02/19/15
Founded in 2009

chesapeake lodging trust (CHSP) Top Compensated Officers

Chief Executive Officer, President and Truste...
Total Annual Compensation: $1.1M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $617.5K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $520.0K
Chief Accounting Officer, Senior Vice Preside...
Total Annual Compensation: $378.0K
Compensation as of Fiscal Year 2014.

chesapeake lodging trust (CHSP) Key Developments

Chesapeake Lodging Trust Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter of 2015; Revises Earnings Guidance for the Year 2015

Chesapeake Lodging Trust reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $162.145 million against $128.865 million a year ago. Operating income was $36.553 million against $30.633 million a year ago. Income before income taxes was $28.385 million against $23.805 million a year ago. Net income available to common shareholders was $21.623 million or $0.36 per diluted share against $18.827 million or $0.38 per basic and diluted share a year ago. FFO available to common shareholders was $39.409 million or $0.67 per basic and diluted share compared to $31.188 million or $0.64 per basic and diluted share a year ago. AFFO available to common shareholders was $39.825 million or $0.68 per basic and diluted share compared to $31.244 million or $0.64 per basic and diluted share a year ago. Adjusted corporate EBITDA was $54.898 million against $43.213 million a year ago. For the six months, the company reported total revenues of $271.435 million against $223.639 million a year ago. Operating income was $41.936 million against $36.100 million a year ago. Income before income taxes was $26.589 million against $22.586 million a year ago. Net income available to common shareholders was $20.753 million or $0.36 per basic and diluted share against $18.583 million or $0.37 per basic and diluted share a year ago. Net cash provided by operating activities was $55.494 million compared to $46.875 million a year ago. FFO available to common shareholders was $53.336 million or $0.94 per diluted share compared to $43.348 million or $0.89 per basic and diluted share a year ago. AFFO available to common shareholders was $54.170 million or $0.95 per diluted share compared to $43.459 million or $0.89 per diluted share a year ago. Adjusted corporate EBITDA was $75.626 million against $61.233 million a year ago. For the third quarter of 2015, the company expected net income available to common shareholders to be in the range of $25.3 million to $27.4 million. The company expected net income per diluted common share to be in the range of $0.43 to $0.46, adjusted corporate EBITDA to be in the range of $54.7 million to $57.0 million, AFFO available to common shareholders to be in the range of $43.2 million to $45.2 million and AFFO per diluted common share to be in the range of $0.73 to $0.77. For the year 2015, the company revised net income available to common shareholders of $61.7 million to $66.9 million against previously expected of $63.2 million to $68.9 million. Net income per diluted common share of $1.07 to $1.15 against previously expected of $1.09 to $1.19. Adjusted corporate EBITDA of $175.9 million to $181.6 million against previously expected of $174.9 million to $181.2 million. AFFO available to common shareholders of $131.2 million to $136.4 million against previously expected of $130.3 million to $136.0 million. AFFO per diluted common share of $2.27 to $2.35 against previously expected of $2.25 to $2.35.

Chesapeake Lodging Trust Declares Dividend on Common Stock and Preferred Stock for the Third Quarter of 2015, Payable on October 15, 2015

Chesapeake Lodging Trust declared dividends in the amounts of $0.40 per share for the third quarter of 2015 to its common shareholders and $0.484375 per share to its preferred shareholders, both of record as of September 30, 2015. The dividends will be paid on October 15, 2015.

Chesapeake Lodging Trust to Report Q2, 2015 Results on Jul 30, 2015

Chesapeake Lodging Trust announced that they will report Q2, 2015 results at 5:00 PM, US Eastern Standard Time on Jul 30, 2015

 

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CHSP:US $28.91 USD -0.73

CHSP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ashford Hospitality Prime Inc $13.83 USD -0.32
DiamondRock Hospitality Co $11.76 USD -0.07
LaSalle Hotel Properties $31.46 USD -0.65
Pebblebrook Hotel Trust $38.06 USD -0.74
Sunstone Hotel Investors Inc $13.83 USD -0.24
View Industry Companies
 

Industry Analysis

CHSP

Industry Average

Valuation CHSP Industry Range
Price/Earnings 30.7x
Price/Sales 3.3x
Price/Book 1.4x
Price/Cash Flow 14.4x
TEV/Sales 1.7x
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