Sotherly Hotels - SOHO Stock Forecast, Price & News

0 Wall Street research analysts have issued 12-month target prices for Sotherly Hotels' stock. Their SOHO share price forecasts range from $2.00 to $2.00. On average, they expect the company's stock price to reach $2.00 in the next twelve months. This suggests that the stock has a possible downside of 16.7%.
View analysts price targets for SOHO or view top-rated stocks among Wall Street analysts.

Sotherly Hotels' stock was trading at $1.81 on January 1st, 2023. Since then, SOHO shares have increased by 32.6% and is now trading at $2.40.
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Sotherly Hotels saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 10,500 shares, a decline of 64.3% from the December 31st total of 29,400 shares. Based on an average daily volume of 55,300 shares, the short-interest ratio is presently 0.2 days.
View Sotherly Hotels' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our SOHO earnings forecast.

Sotherly Hotels will be holding an earnings conference call on Thursday, March 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 204-525-0658 with passcode "753517".

Sotherly Hotels Inc. (NASDAQ:SOHO) issued its quarterly earnings data on Thursday, May, 12th. The real estate investment trust reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.08. Sotherly Hotels had a net margin of 7.33% and a trailing twelve-month return on equity of 38.18%. During the same quarter in the previous year, the company earned ($0.33) earnings per share.

Sotherly Hotels updated its FY 2022 earnings guidance on Saturday, December, 10th. The company provided EPS guidance of $0.64-$0.66 for the period. The company issued revenue guidance of $162.69 million-$164.13 million, compared to the consensus revenue estimate of $166.40 million.

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).

Sotherly Hotels trades on the NASDAQ under the ticker symbol "SOHO."

Sotherly Hotels' stock is owned by a number of retail and institutional investors. Top institutional investors include Seneca House Advisors (0.23%). Insiders that own company stock include Andrew Sims and David R Folsom.
View institutional ownership trends.

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.
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One share of SOHO stock can currently be purchased for approximately $2.40.

Sotherly Hotels (NASDAQ:SOHO) has a market capitalization of $44.21 million and generates $127.59 million in revenue each year. The real estate investment trust earns $-26,220,000.00 in net income (profit) each year or $0.19 on an earnings per share basis.

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.