Last $30.37 USD
Change Today +0.01 / 0.03%
Volume 78.5K
CHSP On Other Exchanges
Symbol
Exchange
New York
As of 12:50 PM 08/22/14 All times are local (Market data is delayed by at least 15 minutes).

chesapeake lodging trust (CHSP) Snapshot

Open
$30.33
Previous Close
$30.36
Day High
$30.46
Day Low
$29.98
52 Week High
06/20/14 - $31.07
52 Week Low
09/3/13 - $21.72
Market Cap
1.5B
Average Volume 10 Days
375.2K
EPS TTM
$0.91
Shares Outstanding
50.0M
EX-Date
06/26/14
P/E TM
33.5x
Dividend
$1.20
Dividend Yield
3.70%
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: 02/20/14
Founded in 2009

chesapeake lodging trust (CHSP) Top Compensated Officers

Chief Executive Officer, President and Truste...
Total Annual Compensation: $980.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $617.5K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $500.0K
Chief Accounting Officer, Senior Vice Preside...
Total Annual Compensation: $294.8K
Compensation as of Fiscal Year 2013.

chesapeake lodging trust (CHSP) Key Developments

Chesapeake Lodging Trust Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter of 2014 and Revises Earnings Guidance for the Year 2014

Chesapeake Lodging Trust reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $128.865 million against $115.570 million a year ago. Operating income was $30.633 million against $26.352 million a year ago. Income before income taxes was $23.805 million against $20.031 million a year ago. Net income available to common shareholders was $18.827 million or $0.38 per basic and diluted share against $14.635 million or $0.30 per basic and diluted share a year ago. FFO available to common shareholders was $31.188 million or $0.64 per basic and diluted share compared to the $25.360 million or $0.53 per basic and diluted share a year ago. AFFO available to common shareholders was $31.244 million or $0.64 per basic and diluted share compared to $26.647 million or $0.56 per basic and diluted share a year ago. Adjusted corporate EBITDA was $43.213 million or against $38.477 million a year ago. For the six months, the company reported total revenues of $223.639 million against $186.171 million a year ago. Operating income was $36.100 million against $159.390 million a year ago. Income before income taxes was $22.586 million against $15.237 million a year ago. Net income available to common shareholders was $18.583 million or $0.37 per basic and diluted share against $9.703 million or $0.21 per basic and diluted share a year ago. Net cash provided by operating activities was $46.875 million compared to $35.853 million a year ago. FFO available to common shareholders was $43.348 million or $0.89 per basic and diluted share compared to $29.202 million or $0.63 per basic and diluted share a year ago. AFFO available to common shareholders was $43.459 million or $0.89 per diluted share compared to $33.450 million or $0.72 per diluted share a year ago. Adjusted corporate EBITDA was $61.233 million against $50.706 million a year ago. For the third quarter of 2014, the company expected net income available to common shareholders to be in the range of $15.5 million to $17.0 million. Net income per diluted common share to be in the range of $0.32 to $0.35. Adjusted corporate EBITDA to be in the range of $40.5 million to $42.2 million. AFFO available to common shareholders to be in the range of $29.9 million to $31.4 million. AFFO per diluted common share to be in the range of $0.61 to $0.64. Net income to be in the range of $18.050 million to $19.550 million. Corporate EBITDA to be in the range of $40.410 million to $42.110 million. FFO available to common shareholders to be in the range of $29.800 million to $31.300 million. FFO per common share - basic and diluted to be in the range of $0.61 to $0.64. For the year 2014, the company revised net income available to common shareholders of $40.6 million to $44.5 million against previously expected of $39.7 million to $44.5 million. Net income per diluted common share of $0.83 to $0.91 against previously expected of $0.81 to $0.91. Adjusted corporate EBITDA of $134.0 million to $138.2 million against previously expected of $132.7 million to $138.0 million. AFFO available to common shareholders of $95.3 million to $99.3 million against previously expected of $94.6 million to $99.4 million. AFFO per diluted common share of $1.95 to $2.03 against previously expected of $1.93 to $2.03. Net income to be in the range of $50.760 million to $54.710 million. Corporate EBITDA to be in the range of $133.730 million to $137.980 million. FFO available to common shareholders to be in the range of $95.090 million to $99.040 million. FFO per common share - basic and diluted to be in the range of $1.94 to $2.02.

Chesapeake Lodging Trust to Report Q2, 2014 Results on Aug 04, 2014

Chesapeake Lodging Trust announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Aug 04, 2014

Chesapeake Lodging Trust, Q2 2014 Earnings Call, Aug 04, 2014

Chesapeake Lodging Trust, Q2 2014 Earnings Call, Aug 04, 2014

 

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CHSP Competitors

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Company Last Change
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