NASDAQ:SOHO

Sotherly Hotels (SOHO) Stock Forecast, Price & News

$1.73

-0.03 (-1.70%)

(As of 09/21/2023 ET)

Compare

Today's Range: $1.67
▼
$1.74
50-Day Range: $1.72
▼
$2.43
52-Week Range: $1.63
▼
$2.50

Volume: 62,378 shs
Average Volume: 52,983 shs
Market Capitalization: $34.08 million

P/E Ratio: 5.77
Dividend Yield: N/A
Price Target: $2.25

Sotherly Hotels MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 30.1% Upside
$2.25 Price Target
Short Interest: Healthy
0.77% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -1.00
Based on 2 Articles This Week
Insider Trading: Selling Shares
$2,399 Sold Last Quarter
Proj. Earnings Growth: 9.09%
From $0.77 to $0.84 Per Share

Overall MarketRank^™

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

2.27 out of 5 stars

Finance Sector

507th out of 850 stocks

Real Estate Investment Trusts Industry

106th out of 181 stocks

3.0

Analyst's Opinion

Consensus Rating
Sotherly Hotels has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.25, Sotherly Hotels has a forecasted upside of 30.1% from its current price of $1.73.
Amount of Analyst Coverage
Sotherly Hotels has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.77% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Sotherly Hotels has recently increased by 46.89%, indicating that investor sentiment is decreasing significantly.

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.

0.6

News and Social Media Coverage

News Sentiment
Sotherly Hotels has a news sentiment score of -1.00. 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 lower news sentiment than the 0.73 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Sotherly Hotels this week, compared to 0 articles 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 $2,399.00 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 26.14% of the stock of Sotherly Hotels is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Sotherly Hotels are expected to grow by 9.09% in the coming year, from $0.77 to $0.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sotherly Hotels is 5.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sotherly Hotels is 5.77, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 85.85.
Price to Book Value per Share Ratio
Sotherly Hotels has a P/B Ratio of 0.62. 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 self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States. Currently, the Company's portfolio consists of investments in ten hotel properties, comprising 2,786 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide and Hyatt Hotels Corporation brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.

SOHO Price History

30 days | 90 days | 365 days | Advanced Chart

SOHO Stock News Headlines

September 13, 2023 | americanbankingnews.com

Sotherly Hotels (NASDAQ:SOHO) Shares Pass Below 200 Day Moving Average of $2.00

August 31, 2023 | msn.com

Sotherly Hotels (SOHO) Price Target Increased by 12.50% to 2.30

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

August 11, 2023 | finance.yahoo.com

Sotherly Hotels (SOHO) Lags Q2 FFO Estimates, Provides Q3 View

August 11, 2023 | finance.yahoo.com

Q2 2023 Sotherly Hotels Inc Earnings Call

August 10, 2023 | msn.com

Sotherly Hotels (SOHO) Lags Q2 FFO and Revenue Estimates

July 6, 2023 | benzinga.com

Sotherly Hotels Reports Same-Store Portfolio Metrics; Says Urban Markets Fueling Y/Y Gains

July 6, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Reports Preliminary Operating Results For The Second Quarter Ended June 30, 2023

September 22, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

May 30, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Announces Special Preferred Dividend Payable in July

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 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 12, 2023 | finance.yahoo.com

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

April 3, 2023 | finance.yahoo.com

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

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

March 2, 2023 | finance.yahoo.com

Sotherly Hotels Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2022

February 3, 2023 | finance.yahoo.com

3 Low-Priced REITs With Big Recent Gains

See More Headlines

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SOHO Company Calendar

Last Earnings: 8/10/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/09/2023
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: 9
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $2.25
High Stock Price Forecast: $2.25
Low Stock Price Forecast: $2.25
Forecasted Upside/Downside: +30.1%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.30
Trailing P/E Ratio: 5.77
Forward P/E Ratio: 2.25
P/E Growth: N/A
Net Income: $32.54 million
Net Margins: 7.89%
Pretax Margin: 21.43%
Return on Equity: 27.16%
Return on Assets: 3.35%

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: 0.21
Cash Flow: $2.75 per share
Price / Cash Flow: 0.63
Book Value: $2.80 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 19,700,000
Free Float: 16,565,000
Market Cap: $34.08 million
Optionable: Not Optionable
Beta: 1.72

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Key Executives

Mr. David R. Folsom (Age 58)
Pres, CEO & Director
Comp: $681.86k

Mr. Anthony E. Domalski CPA (Age 61)
VP, Sec. & CFO
Comp: $515.96k

Mr. Scott M. Kucinski (Age 41)
Exec. VP & COO

Mr. Andrew Mack Sims Jr.
VP of Operations & Investor Relations

Ms. Ashley Sims Kirkland
Corp. Counsel & Compliance Officer

Mr. Robert E. Kirkland IV (Age 40)
Gen. Counsel

Mr. David J. Surette CPA (Age 63)
Corp. Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SOHO Stock - Frequently Asked Questions

Should I buy or sell Sotherly Hotels stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sotherly Hotels in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" SOHO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOHO, but not buy additional shares or sell existing shares.
View SOHO analyst ratings or view top-rated stocks.
What is Sotherly Hotels' stock price forecast for 2023?: 1 analysts have issued twelve-month price objectives for Sotherly Hotels' stock. Their SOHO share price forecasts range from $2.25 to $2.25. On average, they expect the company's share price to reach $2.25 in the next year. This suggests a possible upside of 30.1% 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 at the beginning of 2023. Since then, SOHO stock has decreased by 4.4% and is now trading at $1.73.
View the best growth stocks for 2023 here.
Are investors shorting Sotherly Hotels?: Sotherly Hotels saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 151,300 shares, an increase of 46.9% from the August 15th total of 103,000 shares. Based on an average trading volume of 68,600 shares, the days-to-cover ratio is presently 2.2 days.
View Sotherly Hotels' Short Interest.
When is Sotherly Hotels' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023.
View our SOHO earnings forecast.
How were Sotherly Hotels' earnings last quarter?: Sotherly Hotels Inc. (NASDAQ:SOHO) released its quarterly earnings data on Thursday, August, 10th. The real estate investment trust reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.40 by $0.24. The real estate investment trust earned $49.02 million during the quarter, compared to the consensus estimate of $50 million. Sotherly Hotels had a net margin of 7.89% and a trailing twelve-month return on equity of 27.16%. During the same period in the previous year, the firm earned $0.33 earnings per share.

What guidance has Sotherly Hotels issued on next quarter's earnings?: Sotherly Hotels issued an update on its third quarter 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of $0.03-$0.04 for the period. The company issued revenue guidance of $39.10 million-$41.04 million, compared to the consensus revenue estimate of $40.60 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 retail and institutional investors. Top institutional shareholders include Thompson Davis & CO. Inc. (7.42%), Gator Capital Management LLC (4.94%), Geode Capital Management LLC (0.65%), Renaissance Technologies LLC (0.63%), BlackRock Inc. (0.22%) and J.W. Cole Advisors Inc. (0.21%). 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 $1.73.
How much money does Sotherly Hotels make?: Sotherly Hotels (NASDAQ:SOHO) has a market capitalization of $34.08 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 $0.30 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 9/22/2023 by MarketBeat.com Staff

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