Jeremy Wegner - Chatham Lodging Chief Financial Officer, Senior Vice President

CLDT Stock  USD 8.57  0.15  1.72%   

President

Mr. Jeremy Bruce Wegner is Senior Vice President and Chief Financial Officer of the Company. Mr. Wegner has a significant track record of involvement in more than 50 billion of mergers, acquisitions and equity and debt financings. Prior to joining the Company, he served as Vice President of Mergers and Acquisitions for Starwood Hotels Resorts Worldwide from July 2012 to May 2015 where he was responsible for identifying and executing merger, acquisition and divestiture opportunities. From September 2008 to June 2012, he was a Senior Vice President in the real estate investment banking group at Barclays Capital Inc., and from October 2001 to September 2008, he was a Senior Vice President in the real estate investment banking group at Lehman Brothers thus covering the lodging sector for over ten years. Mr. Wegner began his career as an analyst in the investment banking group at Credit Suisse in 1998 since 2015.
Age 48
Tenure 9 years
Address 222 Lakeview Avenue, West Palm Beach, FL, United States, 33401-6146
Phone561 802 4477
Webhttps://www.chathamlodgingtrust.com
Wegner received a Bachelor of Arts degree in Economics from Brown University in 1998.

Jeremy Wegner Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jeremy Wegner against Chatham Lodging stock is an integral part of due diligence when investing in Chatham Lodging. Jeremy Wegner insider activity provides valuable insight into whether Chatham Lodging is net buyers or sellers over its current business cycle. Note, Chatham Lodging insiders must abide by specific rules, including filing SEC forms every time they buy or sell Chatham Lodging'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Chatham Lodging Management Efficiency

The company has return on total asset (ROA) of 0.015 % which means that it generated a profit of $0.015 on every $100 spent on assets. This is way below average. Chatham Lodging's management efficiency ratios could be used to measure how well Chatham Lodging manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Chatham Lodging's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0 in 2024, whereas Return On Capital Employed is likely to drop 0.02 in 2024. Non Current Liabilities Total is likely to gain to about 507.4 M in 2024, whereas Total Current Liabilities is likely to drop slightly above 31.1 M in 2024.
Chatham Lodging Trust currently holds 504.88 M in liabilities with Debt to Equity (D/E) ratio of 0.63, which is about average as compared to similar companies. Chatham Lodging Trust has a current ratio of 1.39, which is within standard range for the sector. Note, when we think about Chatham Lodging's use of debt, we should always consider it together with its cash and equity.

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Chatham Lodging Trust is a self-advised, publicly traded real estate investment trust focused primarily on investing in upscale, extended-stay hotels and premium-branded, select-service hotels. At September, 30, 2020, The company owns interests in 86 hotels totaling 12,040 roomssuites, comprised of 40 properties it wholly owns with an aggregate of 6,092 roomssuites in 15 states and the District of Columbia and a minority investment in the Innkeepers joint ventures that owns 46 hotels with an aggregate of 5,948 roomssuites. Chatham Lodging operates under REITHotel Motel classification in the United States and is traded on New York Stock Exchange. It employs 17 people. Chatham Lodging Trust (CLDT) is traded on New York Stock Exchange in USA. It is located in 222 Lakeview Avenue, West Palm Beach, FL, United States, 33401-6146 and employs 17 people. Chatham Lodging is listed under Hotel & Resort REITs category by Fama And French industry classification.

Management Performance

Chatham Lodging Trust Leadership Team

Elected by the shareholders, the Chatham Lodging's board of directors comprises two types of representatives: Chatham Lodging inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Chatham. The board's role is to monitor Chatham Lodging's management team and ensure that shareholders' interests are well served. Chatham Lodging's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Chatham Lodging's outside directors are responsible for providing unbiased perspectives on the board's policies.
Eric Kentoff, General VP
Dennis Craven, Chief Operating Officer, Executive Vice President
David Grissen, Independent Director
Jeffrey Fisher, Chairman of the Board, President, Chief Executive Officer, Trustee
Robert Perlmutter, Lead Independent Trustee
Ethel Williams, Independent Director
Edwin Brewer, Independent Trustee
Thomas Crocker, Independent Trustee
Mary Higgins, Independent Trustee
Jeremy Wegner, Chief Financial Officer, Senior Vice President
Rolf Ruhfus, Independent Trustee
Dennis CPA, Executive COO

Chatham Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Chatham Lodging a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Chatham Lodging

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chatham Lodging position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chatham Lodging will appreciate offsetting losses from the drop in the long position's value.

Moving together with Chatham Stock

  0.87FR First Industrial RealtyPairCorr
  0.91PK Park Hotels ResortsPairCorr

Moving against Chatham Stock

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  0.81ELME Elme CommunitiesPairCorr
  0.78ADC Agree RealtyPairCorr
  0.77AVB AvalonBay CommunitiesPairCorr
The ability to find closely correlated positions to Chatham Lodging could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chatham Lodging when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chatham Lodging - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chatham Lodging Trust to buy it.
The correlation of Chatham Lodging is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chatham Lodging moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chatham Lodging Trust moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chatham Lodging can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Chatham Stock Analysis

When running Chatham Lodging's price analysis, check to measure Chatham Lodging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chatham Lodging is operating at the current time. Most of Chatham Lodging's value examination focuses on studying past and present price action to predict the probability of Chatham Lodging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chatham Lodging's price. Additionally, you may evaluate how the addition of Chatham Lodging to your portfolios can decrease your overall portfolio volatility.