Hersha Hospitality Trust (HT) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 10 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HT, but not buy additional shares or sell existing shares.
View HT analyst ratings or view top-rated stocks.

10 equities research analysts have issued 12 month target prices for Hersha Hospitality Trust's stock. Their HT share price forecasts range from $7.00 to $10.00. On average, they predict the company's stock price to reach $9.63 in the next twelve months. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for HT or view top-rated stocks among Wall Street analysts.

Hersha Hospitality Trust's stock was trading at $8.52 at the beginning of 2023. Since then, HT stock has increased by 16.7% and is now trading at $9.94.
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Hersha Hospitality Trust saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 652,900 shares, a decline of 36.0% from the August 15th total of 1,020,000 shares. Based on an average daily trading volume, of 849,700 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.0% of the shares of the company are short sold.
View Hersha Hospitality Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our HT earnings forecast.

Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings data on Wednesday, April, 27th. The real estate investment trust reported ($0.58) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.05) by $0.53. Hersha Hospitality Trust had a net margin of 38.77% and a trailing twelve-month return on equity of 19.42%. During the same quarter last year, the company earned ($0.36) EPS.

Hersha Hospitality Trust declared a quarterly dividend on Wednesday, September 13th. Investors of record on Friday, September 29th will be given a dividend of $0.05 per share on Monday, October 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date is Thursday, September 28th.
Read our dividend analysis for HT.

ETFs with the largest weight of Hersha Hospitality Trust (NYSE:HT) stock in their portfolio include Private Real Estate Strategy via Liquid REITs ETF (PRVT).Nuveen Short-Term REIT ETF (NURE).

Hersha Hospitality Trust (NYSE:HT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.03%. The dividend payout ratio is 6.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HT will have a dividend payout ratio of 21.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HT.

Hersha Hospitality Trust issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $0.24-$0.30 for the period, compared to the consensus earnings per share estimate of $0.29. The company issued revenue guidance of -.

20 employees have rated Hersha Hospitality Trust Chief Executive Officer Jay H. Shah on Glassdoor.com. Jay H. Shah has an approval rating of 53% among the company's employees. This puts Jay H. Shah in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hersha Hospitality Trust investors own include Simon Property Group (SPG), Energy Transfer (ET), New Residential Investment (NRZ), NVIDIA (NVDA), Enterprise Products Partners (EPD), AT&T (T), QUALCOMM (QCOM), Main Street Capital (MAIN), Iron Mountain (IRM) and Medical Properties Trust (MPW).

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

Hersha Hospitality Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.23%), State Street Corp (2.54%), Geode Capital Management LLC (1.64%), Renaissance Technologies LLC (1.31%), Dimensional Fund Advisors LP (1.27%) and Goldman Sachs Group Inc. (0.93%). Insiders that own company stock include Ashish R Parikh, Jay H Shah, Michael A Leven and Thomas J Hutchison III.
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Shares of HT 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 HT stock can currently be purchased for approximately $9.94.

Hersha Hospitality Trust (NYSE:HT) has a market capitalization of $398.59 million and generates $405.87 million in revenue each year. The real estate investment trust earns $146.72 million in net income (profit) each year or $3.10 on an earnings per share basis.

Hersha Hospitality Trust's mailing address is 44 HERSHA DRIVE, HARRISBURG PA, 17102. The official website for the company is www.hersha.com. The real estate investment trust can be reached via phone at (215) 238-1281, via email at investorrelations@hersha.com, or via fax at 215-238-0157.