NYSE:HT - Hersha Hospitality Trust Stock Price, Price Target & More

Hersha Hospitality Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "HT."

Hersha Hospitality Trust declared a quarterly dividend on Monday, June 4th. Investors of record on Friday, June 29th will be given a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its board has authorized a stock repurchase plan on Thursday, January 4th 2018, which permits the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) announced its earnings results on Tuesday, April, 24th. The real estate investment trust reported ($0.36) EPS for the quarter, missing analysts' consensus estimates of $0.48 by $0.84. The real estate investment trust had revenue of $99.64 million for the quarter, compared to the consensus estimate of $102.92 million. Hersha Hospitality Trust had a return on equity of 5.74% and a net margin of 11.06%. View Hersha Hospitality Trust's Earnings History.

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Hersha Hospitality Trust.

9 Wall Street analysts have issued 12 month price objectives for Hersha Hospitality Trust's shares. Their forecasts range from $17.00 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $19.8125 in the next twelve months. View Analyst Ratings for Hersha Hospitality Trust.

Some companies that are related to Hersha Hospitality Trust include Eastgroup Properties (EGP), DDR (DDR), AmeriCold Realty Trust (COLD), The GEO Group (GEO), MFA Finl Inc/SH (MFA), National Health Investors (NHI), Colony NorthStar (CLNS), Education Realty Trust (EDR), Potlatchdeltic (PCH), Brandywine Realty Trust (BDN), Physicians Realty Trust (DOC), Keppel REIT (KREVF), Corporate Office Properties Trust (OFC), Empire State Realty Trust (ESRT) and Retail Properties of America (RPAI).

News coverage about HT stock has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a coverage optimism score of 0.11 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 45.11 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Hersha Hospitality Trust's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (16.98%), Dalton Greiner Hartman Maher & Co. (2.96%), Northern Trust Corp (2.22%), LSV Asset Management (2.15%), Dimensional Fund Advisors LP (1.88%) and Matarin Capital Management LLC (1.80%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Hasu P Shah, Jay H Shah, Neil H Shah and Thomas J Hutchison III. View Institutional Ownership Trends for Hersha Hospitality Trust.

HT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Citadel Advisors LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Loomis Sayles & Co. L P, Schroder Investment Management Group, Royal Bank of Canada and Guggenheim Capital LLC. View Insider Buying and Selling for Hersha Hospitality Trust.

HT stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, WINTON GROUP Ltd, LSV Asset Management, Dalton Greiner Hartman Maher & Co., Robeco Institutional Asset Management B.V., Amundi Pioneer Asset Management Inc., Susquehanna Fundamental Investments LLC and Northern Trust Corp. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, Jay H Shah and Neil H Shah. View Insider Buying and Selling for Hersha Hospitality Trust.

Shares of HT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of HT stock can currently be purchased for approximately $21.76.

Hersha Hospitality Trust has a market capitalization of $832.23 million and generates $498.24 million in revenue each year. The real estate investment trust earns $99.86 million in net income (profit) each year or $2.16 on an earnings per share basis. Hersha Hospitality Trust employs 51 workers across the globe.

Hersha Hospitality Trust's mailing address is 44 HERSHA DRIVE, HARRISBURG PA, 17102. The real estate investment trust can be reached via phone at 717-236-4400 or via email at [email protected]