Hersha Hospitality Trust Company Profile (NYSE:HT)

About Hersha Hospitality Trust

Hersha Hospitality Trust logoHersha Hospitality Trust is a real estate investment trust. The Company operates through investment in hotel properties segment. It invests in institutional grade hotels in urban gateway markets, including New York, Washington District of Columbia (DC), Boston, Philadelphia, South Florida and select markets on the West Coast. The Company owns its hotels and its investments in joint ventures through its operating partnership, Hersha Hospitality Limited Partnership, for which it serves as a general partner. Its portfolio consists of over 50 limited and full service properties with a total of over 7,220 rooms and interests in approximately five limited and full service properties owned through joint venture investments with a total of approximately 1,370 rooms. It leases its hotels to 44 New England Management Company (44 New England), its taxable REIT subsidiary (TRS). Its properties include Courtyard, The Boxer, Hawthorn Suites by Wyndham, Hyatt House, Hotel Milo and TownePlace Suites.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: HT
  • CUSIP: 42782510
Key Metrics:
  • Previous Close: $19.36
  • 50 Day Moving Average: $18.99
  • 200 Day Moving Average: $19.30
  • Trailing P/E Ratio: 8.08
  • Foreward P/E Ratio: 7.59
  • P/E Growth: 1.57
  • Market Cap: $821.39M
  • Outstanding Shares: 42,427,000
  • Beta: 1.62
Additional Links:
Companies Related to Hersha Hospitality Trust:

Analyst Ratings

Consensus Ratings for Hersha Hospitality Trust (NYSE:HT) (?)
Ratings Breakdown: 9 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: $21.73 (12.23% upside)

Analysts' Ratings History for Hersha Hospitality Trust (NYSE:HT)
Show:
DateFirmActionRatingPrice TargetDetails
8/10/2016RBC Capital MarketsReiterated RatingSector Perform$23.00 -> $21.00View Rating Details
8/9/2016Royal Bank Of CanadaLower Price TargetSector Perform$23.00 -> $21.00View Rating Details
7/29/2016Canaccord GenuityReiterated RatingHold$20.00View Rating Details
7/29/2016Deutsche Bank AGLower Price TargetHold$20.00 -> $18.00View Rating Details
7/29/2016Barclays PLCLower Price TargetEqual Weight$22.00 -> $20.00View Rating Details
7/29/2016FBR & CoLower Price TargetOutperform$28.00 -> $26.00View Rating Details
5/23/2016Janney Montgomery ScottInitiated CoverageNeutral$21.00 -> $17.00View Rating Details
5/19/2016Bank of America Corp.DowngradeBuy -> Neutral$21.00 -> $18.00View Rating Details
3/29/2016Stifel NicolausInitiated CoverageHoldView Rating Details
2/18/2016SunTrust Banks Inc.Lower Price TargetNeutral$25.00 -> $21.00View Rating Details
1/7/2016Robert W. BairdLower Price Target$29.00 -> $27.00View Rating Details
7/29/2015MLV & Co.Reiterated RatingBuy$32.00View Rating Details
7/29/2015JMP SecuritiesBoost Price TargetMarket Outperform$8.00 -> $32.00View Rating Details
(Data available from 8/25/2014 forward)

Earnings

Earnings History for Hersha Hospitality Trust (NYSE:HT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016        
7/28/2016Q216$0.86$0.89$130.11 million$127.70 millionViewN/AView Earnings Details
4/28/2016Q116$0.34$0.28$105.66 million$106.87 millionViewN/AView Earnings Details
2/16/2016Q4$0.64$0.67$123.15 million$123.10 millionViewListenView Earnings Details
10/28/2015Q315$0.65$0.67$122.67 million$124.50 millionViewListenView Earnings Details
7/28/2015Q215$0.74$0.76$122.68 million$127.03 millionViewListenView Earnings Details
4/27/2015Q115$0.06$0.07$89.76 million$95.70 millionViewN/AView Earnings Details
2/18/2015Q415$0.13$0.03$110.41 million$112.93 millionViewN/AView Earnings Details
10/29/2014Q314$0.13$0.13$109.60 million$113.00 millionViewN/AView Earnings Details
8/5/2014Q214$0.16$0.17$112.80 million$111.55 millionViewN/AView Earnings Details
5/1/2014Q114$0.05$0.06$79.95 million$79.95 millionViewN/AView Earnings Details
2/25/2014Q413$0.11$0.12$97.02 million$92.10 millionViewN/AView Earnings Details
11/6/2013Q313$0.13$0.13$108.94 million$90.29 millionViewN/AView Earnings Details
7/30/2013Q213$0.15$0.14$110.52 million$106.16 millionViewN/AView Earnings Details
4/30/2013Q113$0.03$0.03$74.52 million$76.90 millionViewN/AView Earnings Details
2/20/2013Q412$0.10$0.11$94.36 million$98.90 millionViewN/AView Earnings Details
7/31/2012$0.14$0.14ViewN/AView Earnings Details
5/1/2012$0.02$0.02ViewN/AView Earnings Details
2/23/2012$0.08($0.02)ViewN/AView Earnings Details
11/2/2011$0.12$0.14ViewN/AView Earnings Details
8/3/2011$0.14$0.14ViewN/AView Earnings Details
5/5/2011$0.03$0.01ViewN/AView Earnings Details
2/23/2011$0.07$0.08ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Hersha Hospitality Trust (NYSE:HT)
Current Year EPS Consensus Estimate: $2.49 EPS
Next Year EPS Consensus Estimate: $2.55 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.25$0.30$0.28
Q2 20163$0.77$0.90$0.82
Q3 20162$0.74$0.74$0.74
Q4 20162$0.65$0.67$0.66
Q1 20172$0.29$0.32$0.31
Q2 20172$0.90$0.93$0.92
Q3 20172$0.74$0.78$0.76
Q4 20172$0.64$0.72$0.68
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hersha Hospitality Trust (NYSE:HT)
Annual Dividend:$1.12
Dividend Yield:5.79%
Payout Ratio:45.16% (Based on Trailing 12 Months of Earnings)
44.98% (Based on Current Year Consensus EPS Estimate)
43.92% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-1.80% (3 Year Average)

Dividend History for Hersha Hospitality Trust (NYSE:HT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/31/2016Quarterly$0.286/28/20166/30/20167/15/2016
3/17/2016Quarterly$0.283/30/20164/1/20164/15/2016
12/17/2015Quarterly$0.2812/30/20151/4/20161/15/2016
9/24/2015$0.289/28/20159/30/201510/15/2015
5/22/2015quarterly$0.074.35%6/26/20156/30/20157/15/2015
3/20/2015quarterly$0.074.08%3/27/20153/31/20154/15/2015
12/11/2014quarterly$0.073.85%12/31/20141/5/20151/15/2015
9/22/2014quarterly$0.074.37%9/30/201410/2/201410/15/2014
5/22/2014quarterly$0.063.76%6/26/20146/30/20147/15/2014
3/13/2014quarterly$0.064.13%3/27/20143/31/20144/15/2014
12/16/2013quarterly$0.064.36%12/30/20131/2/20141/16/2014
9/17/2013quarterly$0.064.29%9/27/201310/1/201310/15/2013
5/23/2013quarterly$0.064.03%6/27/20137/1/20137/15/2013
3/15/2013quarterly$0.063.88%3/27/20134/1/20134/15/2013
12/9/2012quarterly$0.065.13%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Hersha Hospitality Trust (NYSE:HT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2016Hasu P ShahChairmanBuy3,000$19.00$57,000.00View SEC Filing  
2/25/2016Donald J LandryDirectorBuy1,000$20.37$20,370.00View SEC Filing  
2/22/2016Michael R GillespieCAOBuy500$20.59$10,295.00View SEC Filing  
2/19/2016Ashish R ParikhCFOBuy1,250$20.00$25,000.00View SEC Filing  
2/19/2016Jay H ShahCEOBuy5,000$19.95$99,750.00View SEC Filing  
12/30/2014Thomas J Hutchison IIIDirectorSell18,700$7.20$134,640.00View SEC Filing  
12/3/2014Thomas J Hutchison IIIDirectorSell92,041$7.44$684,785.04View SEC Filing  
12/1/2014Thomas J Hutchison IIIDirectorSell2,037$7.39$15,053.43View SEC Filing  
11/28/2014Thomas J Hutchison IIIDirectorSell17,194$7.41$127,407.54View SEC Filing  
11/7/2014Neil H ShahCOOSell500,000$7.34$3,670,000.00View SEC Filing  
11/6/2014Ashish R ParikhCFOSell100,000$7.36$736,000.00View SEC Filing  
12/24/2013Neil ShahCOOSell74,290$5.70$423,453.00View SEC Filing  
8/1/2013Thomas Hutchison IIIDirectorBuy10,800$5.53$59,724.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Hersha Hospitality Trust (NYSE:HT)
DateHeadline
News IconRatings & Crowd Appeal on Hersha Hospitality Trust (NYSE:HT) - Post News (NYSE:HT)
www.kentuckypostnews.com - August 25 at 10:30 AM
bizjournals.com logoPublic REIT targets Coral Gables for next project (NYSE:HT)
www.bizjournals.com - August 24 at 8:35 AM
benzinga.com logoHT: Insiders vs. Shorts (NYSE:HT)
www.benzinga.com - August 23 at 5:40 PM
News IconInstitutions Have Decreased Their Ownership of Hersha Hospitality Trust (NYSE:HT) - Post News (NYSE:HT)
www.kentuckypostnews.com - August 19 at 8:29 AM
News IconCrowd Sentiment & Brokerage Firm Views on Hersha Hospitality Trust (NYSE:HT)? - Post News (NYSE:HT)
www.kentuckypostnews.com - August 18 at 8:31 AM
capitalcube.com logoHersha Hospitality Trust :HT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:HT)
www.capitalcube.com - August 12 at 5:33 PM
News IconIt's Earnings Time: What to Do with Hersha Hospitality Trust (NYSE:HT) Stock - The Voice Registrar (NYSE:HT)
voiceregistrar.com - August 10 at 5:46 PM
breakingfinancenews.com logoRBC Capital disclosed (:HT) Hersha Hospitality Trust, cutting its stock price target to $21 today (NYSE:HT)
breakingfinancenews.com - August 9 at 9:53 PM
News IconHersha Acquires The Envoy Hotel in Boston Seaport for $112.5 Million (NYSE:HT)
indianewengland.com - August 9 at 4:20 PM
tradecalls.org logoFBR Capital Maintains Hersha Hospitality Trust to Outperform with Price Target $26.00 - Trade Calls (NYSE:HT)
www.tradecalls.org - August 8 at 10:13 AM
finance.yahoo.com logoHERSHA HOSPITALITY TRUST Financials (NYSE:HT)
finance.yahoo.com - August 5 at 5:37 PM
biz.yahoo.com logoHERSHA HOSPITALITY TRUST Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NYSE:HT)
biz.yahoo.com - August 5 at 5:37 PM
businesswire.com logoHersha Hospitality Trust Closes $200 Million Senior Unsecured Term Loan - Business Wire (press release) (NYSE:HT)
www.businesswire.com - August 4 at 8:29 AM
reuters.com logoBRIEF-Hersha Hospitality Trust closes $200 mln senior term loan (NYSE:HT)
www.reuters.com - August 3 at 5:49 PM
tradecalls.org logoRevenue Update on Hersha Hospitality Trust(NYSE:HT) - Trade Calls (NYSE:HT)
www.tradecalls.org - August 3 at 8:42 AM
publicnow.com logoHersha Hospitality Trust Closes $200 Million Senior Unsecured Term Loan (NYSE:HT)
www.publicnow.com - August 3 at 8:42 AM
News IconHong Kong's Gaw Capital buys Public Chicago (NYSE:HT)
www.hotelmanagement.net - August 2 at 5:44 PM
News IconHersha Acquires Boston’s Envoy Hotel (NYSE:HT)
www.meetingstoday.com - August 1 at 5:24 PM
breakingfinancenews.com logoA report released earlier today by FBR Capital about (NYSE:HT) Hersha Hospitality Trust bumps down the target price to $26 (NYSE:HT)
breakingfinancenews.com - July 30 at 5:03 PM
News IconNews in brief: Hersha, Host, Ritz-Carlton (NYSE:HT)
hotelsmag.com - July 29 at 5:40 PM
News IconHersha Hospitality acquires Boston's Envoy Hotel (NYSE:HT)
www.hotelmanagement.net - July 29 at 5:40 PM
law360.com logoREIT Hersha Spends $112.5M On Boston's Envoy Hotel (NYSE:HT)
www.law360.com - July 29 at 8:26 AM
reuters.com logoBRIEF-Hersha Hospitality Trust posts Q2 earnings per share $2.33 (NYSE:HT)
www.reuters.com - July 29 at 8:26 AM
biz.yahoo.com logoHERSHA HOSPITALITY TRUST Files SEC form 10-Q, Quarterly Report (NYSE:HT)
biz.yahoo.com - July 29 at 6:05 AM
biz.yahoo.com logoHERSHA HOSPITALITY TRUST Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:HT)
biz.yahoo.com - July 28 at 6:03 AM
sg.finance.yahoo.com logoHersha Hospitality reports 2Q results (NYSE:HT)
sg.finance.yahoo.com - July 27 at 6:57 PM
finance.yahoo.com logoHersha Hospitality Trust Announces Second Quarter 2016 Results (NYSE:HT)
finance.yahoo.com - July 27 at 5:30 PM
publicnow.com logoHersha Hospitality Trust Acquires The Envoy Hotel in Boston’s Seaport (NYSE:HT)
www.publicnow.com - July 27 at 4:38 PM
biz.yahoo.com logoQ2 2016 Hersha Hospitality Trust Earnings Release - After Market Close (NYSE:HT)
biz.yahoo.com - July 27 at 7:07 AM
tradecalls.org logoDeutsche Bank Maintains Hersha Hospitality Trust to Hold with Price Target $20.00 - Trade Calls (NYSE:HT)
www.tradecalls.org - July 26 at 5:44 PM
News IconHHT Buys Envoy Hotel For $70.8M (NYSE:HT)
www.bankerandtradesman.com - July 25 at 5:35 PM
bizjournals.com logoA year after opening, Envoy Hotel sells for $71M (NYSE:HT)
www.bizjournals.com - July 22 at 10:40 AM
ftsenews.co.uk logoHersha Hospitality Trust (NYSE:HT) Updated Price Targets - FTSE News (NYSE:HT)
www.ftsenews.co.uk - July 22 at 8:26 AM
News IconUpcoming Earnings Report: Hersha Hospitality Trust (NYSE:HT) - The Voice Registrar (NYSE:HT)
voiceregistrar.com - July 22 at 8:26 AM
News IconHersha Hospitality Trust Priorit (NYSE:HT) Shorts Decreased by 23.89% After Short Covering - Consumer Eagle (NYSE:HT)
www.consumereagle.com - July 21 at 11:33 AM
News IconHersha Hospitality Trust (NYSE:HT): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:HT)
www.engelwooddaily.com - July 20 at 3:30 PM
news.cmlviz.com logoHersha Hospitality Trust Price Volatility Hits An Unsually High Level - CML News (NYSE:HT)
news.cmlviz.com - July 20 at 3:30 PM
News IconEquity Roundup: Stock Performance Focus on Hersha Hospitality Trust (NYSE:HT) - Press Telegraph (NYSE:HT)
presstelegraph.com - July 20 at 8:29 AM
fidaily.com logoHersha Hospitality Trust Class (HT) - Deutsche Bank Holds Rating And Sets New Price Target - Finance Daily (NYSE:HT)
www.fidaily.com - July 20 at 8:29 AM
News IconShares Lower on the Year Hersha Hospitality Trust (NYSE:HT) - Press Telegraph (NYSE:HT)
presstelegraph.com - July 19 at 11:37 AM
News IconTrading Performance and Target Watch for Hersha Hospitality Trust (NYSE:HT) - Press Telegraph (NYSE:HT)
presstelegraph.com - July 18 at 5:41 PM
News IconHersha Hospitality Trust (NYSE:HT) Wall Street Analyst Recommendation Outlook - TGP (NYSE:HT)
telanaganapress.com - July 18 at 5:41 PM
News IconLong Term Investor Expectations for Hersha Hospitality Trust (NYSE:HT) - TGP (NYSE:HT)
telanaganapress.com - July 18 at 5:41 PM
News IconHersha Hospitality Trust Priorit (NYSE:HT) Shorted Shares Increased 0.74% After Market Selling - Consumer Eagle (NYSE:HT)
www.consumereagle.com - July 15 at 8:52 AM
News IconHersha Hospitality Trust (NYSE:HT) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:HT)
www.engelwooddaily.com - July 14 at 5:40 PM
News IconCrowd Rating and Earnings Recap for Hersha Hospitality Trust (NYSE:HT) - Telanagana Press (NYSE:HT)
telanaganapress.com - July 14 at 5:40 PM
News IconStock Performance Rundown on: Hersha Hospitality Trust (NYSE:HT) - Press Telegraph (NYSE:HT)
presstelegraph.com - July 13 at 8:23 AM
News IconStock Down on the Year Hersha Hospitality Trust (NYSE:HT) - Press Telegraph (NYSE:HT)
presstelegraph.com - July 13 at 8:23 AM
capitalcube.com logoHersha Hospitality Trust breached its 50 day moving average in a Bullish Manner : HT-US : July 12, 2016 (NYSE:HT)
www.capitalcube.com - July 12 at 8:26 AM
News IconAnalyst Favorite With Upside: Hersha Hospitality Trust (NYSE:HT) - Telanagana Press (NYSE:HT)
telanaganapress.com - July 8 at 8:22 AM

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Hersha Hospitality Trust (NYSE:HT) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff