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Last $31.57 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:04 PM 07/27/15 All times are local (Market data is delayed by at least 15 minutes).

chesapeake lodging trust (CHSP) Snapshot

Open
$31.27
Previous Close
$31.33
Day High
$31.70
Day Low
$31.16
52 Week High
01/23/15 - $39.05
52 Week Low
10/2/14 - $28.15
Market Cap
1.9B
Average Volume 10 Days
418.2K
EPS TTM
$1.00
Shares Outstanding
59.7M
EX-Date
06/26/15
P/E TM
31.6x
Dividend
$1.40
Dividend Yield
4.12%
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 Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015

Chesapeake Lodging Trust Presents at REITWEEK 2015: NAREIT's Investor Forum, Jun-09-2015 . Venue: New York Hilton Midtown, 1335 Avenue of the Americas, New York, NY 10019, United States.

Chesapeake Lodging Trust Declares Dividends on Common Share and Preferred Shares for the Second Quarter, Payable on July 15, 2015

Chesapeake Lodging Trust announced that its board of trustees has declared a quarterly dividend payment of $0.35 per common share. The dividend will be paid on July 15, 2015 to shareholders of record at the close of business on June 30, 2015. The dividend represents a 4.3% annualized yield based on the closing price of the Trust’s common shares on May 19, 2015. The Trust also announced that its board of trustees has declared a quarterly dividend payment of $0.484375 per share of the Trust’s 7.75% Series A Cumulative Redeemable Preferred Shares. The dividend will be paid on July 15, 2015 to shareholders of record at the close of business on June 30, 2015.

Chesapeake Lodging Trust Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter Ending June 30, 2015 and Full Year Ending December 31, 2015

Chesapeake Lodging Trust announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $109,290,000 against $94,774,000 a year ago. Operating income was $5,383,000 against $5,467,000 a year ago. Loss before income taxes was $1,796,000 against $1,219,000 a year ago. Net loss available to common shareholders was $870,000 or $0.02 basic and diluted per share against $244,000 or $0.01 basic and diluted per share a year ago. Net cash provided by operating activities was $6,504,000 against $10,367,000 a year ago. Improvements and additions to hotels was $12,917,000 against $21,648,000 a year ago. Hotel EBITDA was $25,386,000 against $22,015,000 a year ago. Adjusted Hotel EBITDA was $25,305,000 against $21,940,000 a year ago. Corporate EBITDA was $20,310,000 against $17,965,000 a year ago. Adjusted Corporate EBITDA was $20,728,000 against $18,020,000 a year ago. FFO available to common shareholders was $13,920,000 or $0.26 basic and diluted per share against $12,125,000 or $0.25 basic and diluted per share a year ago. AFFO available to common shareholders was $14,338,000 or $0.26 basic and diluted per share against $12,180,000 or $0.25 basic and diluted per share a year ago. The company provided earnings guidance for the second quarter ending June 30, 2015 and full year ending December 31, 2015. For the year, the company expects total revenue in the range of $162,070,000 to $165,630,000, Hotel EBITDA in the range of $57,430,000 to $59,530,000, adjusted Hotel EBITDA in the range of $57,350,000 to $59,450,000, net income in the range of $22,680,000 to $24,480,000, depreciation and amortization of $16,840,000, interest expense of $8,260,000, corporate EBITDA in the range of $52,030,000 to $54,030,000, adjusted Corporate EBITDA in the range of $52,520,000 to $54,520,000, FFO in the range of $39,520,000 to $41,320,000, FFO available to common shareholders in the range of $36,960,000 to $38,760,000, AFFO available to common shareholders in the range of $37,450,000 to $39,250,000, FFO basic and diluted per common share in the range of $0.63 to $0.66 and AFFO diluted per common share in the range of $0.64 to $0.67. For the year, the company expects, total revenue in the range of $609,700,000 to $621,000,000, Hotel EBITDA in the range of $199,570,000 to $206,320, Adjusted Hotel EBITDA in the range of $199,250,000 to $206,000,000, net income in the range of $73,400,000 to $79,150,000, depreciation and amortization of $66,100,000, interest expense of $32,190,000, corporate EBITDA in the range of $173,890,000 to $180,140,000, adjusted Corporate EBITDA in the range of $174,900,000 to $181,150,000, FFO in the range of $139,500,000 to $145,250,000, FFO available to common shareholders in the range of $129,280,000 to $135,030,000, AFFO available to common shareholders in the range of $130,290,000 to $136,040,000, FFO diluted per common share in the range of $2.23 to $2.33 and AFFO diluted per common share in the range of $2.25 to $2.35.

 

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CHSP Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ashford Hospitality Prime Inc $14.90 USD 0.00
DiamondRock Hospitality Co $12.84 USD 0.00
LaSalle Hotel Properties $34.29 USD 0.00
Pebblebrook Hotel Trust $42.08 USD 0.00
Sunstone Hotel Investors Inc $14.71 USD 0.00
View Industry Companies
 

Industry Analysis

CHSP

Industry Average

Valuation CHSP Industry Range
Price/Earnings 32.6x
Price/Sales 3.4x
Price/Book 1.5x
Price/Cash Flow 16.3x
TEV/Sales 2.3x
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