NASDAQ:SOHO

Sotherly Hotels (SOHO) Stock Forecast, Price & News

$1.63

-0.03 (-1.81%)

(As of 05/26/2023 ET)

Compare

Today's Range: $1.63
▼
$1.68
50-Day Range: $1.63
▼
$2.06
52-Week Range: $1.48
▼
$3.11

Volume: 51,554 shs
Average Volume: 30,530 shs
Market Capitalization: $31.48 million

P/E Ratio: 1.07
Dividend Yield: N/A
Price Target: $2.00

Sotherly Hotels MarketRank™ Forecast

Analyst Rating: N/A
0.00 Rating Score
Upside/Downside: 22.7% Upside
$2.00 Price Target
Short Interest: Healthy
0.30% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.94
Based on 2 Articles This Week
Insider Trading: Selling Shares
$39,600 Sold Last Quarter
Proj. Earnings Growth: 21.54%
From $0.65 to $0.79 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Finance Sector

633rd out of 903 stocks

Real Estate Investment Trusts Industry

141st out of 188 stocks

1.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $2.00, Sotherly Hotels has a forecasted upside of 22.7% from its current price of $1.63.
Amount of Analyst Coverage
Sotherly Hotels has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
0.30% of the outstanding shares of Sotherly Hotels have been sold short.
Short Interest Ratio / Days to Cover
Sotherly Hotels has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sotherly Hotels has recently decreased by 3.05%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Sotherly Hotels does not currently pay a dividend.
Dividend Growth
Sotherly Hotels does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SOHO.

2.7

News and Social Media Coverage

News Sentiment
Sotherly Hotels has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Sotherly Hotels this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sotherly Hotels insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $39,600.00 in company stock.
Percentage Held by Insiders
15.90% of the stock of Sotherly Hotels is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 21.57% of the stock of Sotherly Hotels is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Sotherly Hotels are expected to grow by 21.54% in the coming year, from $0.65 to $0.79 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sotherly Hotels is 1.07, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.27.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sotherly Hotels is 1.07, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 155.50.
Price to Book Value per Share Ratio
Sotherly Hotels has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sotherly Hotels (NASDAQ:SOHO) Stock

Sotherly Hotels, Inc. is a real estate investment trust. It engages in the business of acquisition, renovation, upbranding, and repositioning of upscale to upper-upscale full-service hotels. The company was founded in August 2004 and is headquartered in Williamsburg, VA.

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SOHO Stock News Headlines

May 26, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated at StockNews.com

May 17, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated by Analysts at StockNews.com

May 27, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 15, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Releases Q2 2023 Earnings Guidance

May 13, 2023 | finance.yahoo.com

Sotherly Hotels Inc. (NASDAQ:SOHO) Q1 2023 Earnings Call Transcript

May 12, 2023 | finance.yahoo.com

Q1 2023 Sotherly Hotels Inc Earnings Call

May 11, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Reports Financial Results for the First Quarter Ended March 31, 2023

May 11, 2023 | finance.yahoo.com

Sotherly Hotels (SOHO) Q1 FFO Beat Estimates

May 27, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

May 9, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Now Covered by Analysts at StockNews.com

May 9, 2023 | americanbankingnews.com

Sotherly Hotels (SOHO) to Release Earnings on Thursday

May 5, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Announces Refinancing of Laurel, MD Hotel

April 24, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Announces Quarterly Preferred Dividends

April 18, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Announces Postponement of Annual Meeting of Stockholders

April 15, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Now Covered by StockNews.com

April 12, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Schedules First Quarter 2023 Earnings Release and Conference Call

April 7, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Research Coverage Started at StockNews.com

April 3, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Reports Preliminary Operating Results for the First Quarter Ended March 31, 2023

April 1, 2023 | americanbankingnews.com

Andrew Sims Sells 20,000 Shares of Sotherly Hotels Inc. (NASDAQ:SOHO) Stock

March 30, 2023 | americanbankingnews.com

StockNews.com Initiates Coverage on Sotherly Hotels (NASDAQ:SOHO)

March 22, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Receives New Coverage from Analysts at StockNews.com

March 6, 2023 | finance.yahoo.com

Sotherly Hotels Inc. (NASDAQ:SOHO) Q4 2022 Earnings Call Transcript

March 4, 2023 | seekingalpha.com

Sotherly Hotels Inc. (SOHO) Q4 2022 Earnings Call Transcript

March 4, 2023 | finance.yahoo.com

Should We Be Delighted With Sotherly Hotels Inc.'s (NASDAQ:SOHO) ROE Of 66%?

March 4, 2023 | finance.yahoo.com

12 Most Undervalued Hotel Stocks To Buy According To Hedge Funds

March 3, 2023 | finance.yahoo.com

Q4 2022 Sotherly Hotels Inc Earnings Call

March 2, 2023 | finance.yahoo.com

Sotherly Hotels (SOHO) Surpasses Q4 FFO Estimates

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SOHO Company Calendar

Last Earnings: 5/12/2022
Today: 5/27/2023
Next Earnings (Estimated): 8/10/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Real estate investment trusts
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:SOHO
CUSIP: N/A
CIK: 1301236
Web: www.sotherlyhotels.com
Phone: (757) 229-5648
Fax: 757-564-8801
Employees: 10
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.00
High Stock Price Forecast: $2.00
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +22.7%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.52
Trailing P/E Ratio: 1.07
Forward P/E Ratio: 2.51
P/E Growth: N/A
Net Income: $32.54 million
Net Margins: 20.21%
Pretax Margin: 21.43%
Return on Equity: 71.04%
Return on Assets: 8.46%

Debt

Debt-to-Equity Ratio: 6.04
Current Ratio: 1.31
Quick Ratio: 1.31

Sales & Book Value

Annual Sales: $166.08 million
Price / Sales: 0.19
Cash Flow: $2.81 per share
Price / Cash Flow: 0.58
Book Value: $2.75 per share
Price / Book: 0.59

Miscellaneous

Outstanding Shares: 19,310,000
Free Float: 16,241,000
Market Cap: $31.48 million
Optionable: Not Optionable
Beta: 1.71

Key Executives

David R. Folsom
President, Chief Executive Officer & Director

Scott M. Kucinski
Chief Operating Officer & Executive Vice President

Anthony E. Domalski
Chief Financial Officer, Secretary & VP

Ashley Sims Kirkland
Compliance Officer & Corporate Counsel

Robert E. Kirkland
General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SOHO Stock - Frequently Asked Questions

What is Sotherly Hotels' stock price forecast for 2023?: 0 brokerages have issued 1 year price objectives for Sotherly Hotels' stock. Their SOHO share price forecasts range from $2.00 to $2.00. On average, they predict the company's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 22.7% from the stock's current price.
View analysts price targets for SOHO or view top-rated stocks among Wall Street analysts.
How have SOHO shares performed in 2023?: Sotherly Hotels' stock was trading at $1.81 on January 1st, 2023. Since then, SOHO shares have decreased by 9.9% and is now trading at $1.63.
View the best growth stocks for 2023 here.
When is Sotherly Hotels' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our SOHO earnings forecast.
How were Sotherly Hotels' earnings last quarter?: Sotherly Hotels Inc. (NASDAQ:SOHO) posted its quarterly earnings results on Thursday, May, 12th. The real estate investment trust reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by $0.08. Sotherly Hotels had a trailing twelve-month return on equity of 71.04% and a net margin of 20.21%. During the same period in the previous year, the firm earned ($0.33) EPS.
What ETF holds Sotherly Hotels' stock ?: Dimensional US Real Estate ETF holds 26 shares of SOHO stock, representing 0.00% of its portfolio.
What guidance has Sotherly Hotels issued on next quarter's earnings?: Sotherly Hotels updated its second quarter 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $0.40-$0.44 for the period. The company issued revenue guidance of $48.88 million-$51.31 million, compared to the consensus revenue estimate of $47.50 million.

What other stocks do shareholders of Sotherly Hotels own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Sotherly Hotels investors own include AT&T (T), Cisco Systems (CSCO), Intel (INTC), Pfizer (PFE), Exxon Mobil (XOM), Energy Transfer (ET), Johnson & Johnson (JNJ), Verizon Communications (VZ), Arbor Realty Trust (ABR) and Medical Properties Trust (MPW).
What is Sotherly Hotels' stock symbol?: Sotherly Hotels trades on the NASDAQ under the ticker symbol "SOHO."
Who are Sotherly Hotels' major shareholders?: Sotherly Hotels' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Thompson Davis & CO. Inc. (7.22%), Susquehanna International Group LLP (0.62%) and BlackRock Inc. (0.20%). Insiders that own company stock include Andrew Sims and David R Folsom.
View institutional ownership trends.
How do I buy shares of Sotherly Hotels?: Shares of SOHO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sotherly Hotels' stock price today?: One share of SOHO stock can currently be purchased for approximately $1.63.
How much money does Sotherly Hotels make?: Sotherly Hotels (NASDAQ:SOHO) has a market capitalization of $31.48 million and generates $166.08 million in revenue each year. The real estate investment trust earns $32.54 million in net income (profit) each year or $1.52 on an earnings per share basis.
How can I contact Sotherly Hotels?: Sotherly Hotels' mailing address is 306 SOUTH HENRY STREET SUITE 100, WILLIAMSBURG VA, 23185. The official website for the company is www.sotherlyhotels.com. The real estate investment trust can be reached via phone at (757) 229-5648, via email at macksims@sotherlyhotels.com, or via fax at 757-564-8801.

This page (NASDAQ:SOHO) was last updated on 5/27/2023 by MarketBeat.com Staff

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