NYSE:HT - Hersha Hospitality Trust Stock Price, News, & Analysis

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

Hersha Hospitality Trust declared a quarterly dividend on Friday, December 14th. Stockholders of record on Saturday, January 5th will be paid a dividend of $0.28 per share on Tuesday, January 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 6.01%. The ex-dividend date is Thursday, January 3rd. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its Board of Directors has authorized a stock repurchase program on Thursday, January 4th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) posted its quarterly earnings data on Tuesday, October, 23rd. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.03. The real estate investment trust had revenue of $127.88 million for the quarter, compared to analyst estimates of $134.82 million. View Hersha Hospitality Trust's Earnings History.

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Hersha Hospitality Trust.

10 analysts have issued 12-month price objectives for Hersha Hospitality Trust's shares. Their forecasts range from $16.75 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $20.4688 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hersha Hospitality Trust.

News headlines about HT stock have trended somewhat positive recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a coverage optimism score of 1.3 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Hersha Hospitality Trust include Brandywine Realty Trust (BDN), The GEO Group (GEO), Corporate Office Properties Trust (OFC), Retail Properties of America (RPAI), MGM Growth Properties (MGP), Empire State Realty Trust (ESRT), Columbia Property Trust (CXP), Brookfield Property Reit (BPR), Acadia Realty Trust (AKR), Apollo Commercial Real Est. Finance (ARI), Corecivic (CXW), Great Portland Estates (GPEAF), Pebblebrook Hotel Trust (PEB), Lexington Realty Trust (LXP) and QTS Realty Trust (QTS).

Hersha Hospitality Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.10%), Jennison Associates LLC (8.62%), Dalton Greiner Hartman Maher & Co. (3.90%), LSV Asset Management (2.74%), Intrinsic Edge Capital Management LLC (2.09%) and Northern Trust Corp (2.08%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie, 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 Chicago Equity Partners LLC, Martingale Asset Management L P, Bank of New York Mellon Corp, Amundi Pioneer Asset Management Inc., Real Estate Management Services LLC, Jennison Associates LLC, Dimensional Fund Advisors LP and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Hersha Hospitality Trust.

HT stock was acquired by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, 1060 Capital LLC, BlackRock Inc., Dalton Greiner Hartman Maher & Co., SG Capital Management LLC, LSV Asset Management, Millennium Management LLC and Canada Pension Plan Investment Board. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie 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 $18.64.

Hersha Hospitality Trust has a market capitalization of $734.86 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.

The official website for Hersha Hospitality Trust is http://www.hersha.com.

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]