With 0.89 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.36 million shares. During the session, the REIT – Hotel & Motel company that operates in wider Real Estate sector, reached to the highest price of $9.315 whereas the lowest price it dropped to was $8.44. The 52-week range on CLDT shows that it touched its highest point at $11.32 and its lowest point at $7.60 during that stretch. It currently has a 1-year price target of $10.92. With its current market cap of 447.03 million, CLDT has annualized dividend of $0.28 while the current yield stands at 3.06%. Beta for the stock currently stands at 1.80.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CLDT was up-trending over the past week, with a rise of 15.70%, but this was up by 10.25% over a month. Three-month performance surged to 14.39% while six-month performance rose 0.88%. The stock lost -7.30% in the past year, while it has lost -14.74% so far this year. A look at the trailing 12-month EPS for CLDT yields -0.17 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.14. This implies an EPS growth rate of -36.36% for this year and 26.67% for next year.
Float and Shares Shorts:
At present, 48.86 million CLDT shares are outstanding with a float of 47.63 million shares on hand for trading. On 2024-10-15, short shares totaled 0.38 million, which was 79.00001 higher than short shares on 1726185600. In addition to Mr. Jeffrey H. Fisher as the firm’s Chairman, President & CEO, Mr. Jeremy Bruce Wegner serves as its Senior VP & CFO.
Institutional Ownership:
Through their ownership of 0.92710996 of CLDT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, CLDT reported revenue of $86479000.0 and operating income of $14078000.0. The EBITDA in the recently reported quarter was $29322000.0 and diluted EPS was $0.1.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CLDT since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CLDT analysts setting a high price target of 11.25 and a low target of 10.0, the average target price over the next 12 months is 10.75. Based on these targets, CLDT could surge 23.09% to reach the target high and rise by 9.41% to reach the target low. Reaching the average price target will result in a growth of 17.61% from current levels.
Analysts have provided yearly estimates in a range of -$0.14579 being high and -$0.1528 being low. For CLDT, this leads to a yearly average estimate of -$0.15. The surprise factor in the prior quarter was -$0.16. Based on analyst estimates, the high estimate for the next quarter is -$0.14 and the low estimate is -$0.14. The average estimate for the next quarter is thus -$0.14.
