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: $19.93
  • 50 Day Moving Average: $20.71
  • 200 Day Moving Average: $19.70
  • 52-Week Range: $15.36 - $22.15
  • Trailing P/E Ratio: 9.14
  • Foreward P/E Ratio: 55.36
  • P/E Growth: 8.36
  • Market Cap: $832.48M
  • Outstanding Shares: 41,840,000
  • Beta: 1.28
Profitability:
  • Net Margins: 22.37%
  • Return on Equity: 14.23%
  • Return on Assets: 5.28%
Debt:
  • Debt-to-Equity Ratio: 1.20%
  • Current Ratio: 1.44%
  • Quick Ratio: 1.44%
Additional Links:
Companies Related to Hersha Hospitality Trust:

Analyst Ratings

Consensus Ratings for Hersha Hospitality Trust (NYSE:HT) (?)
Ratings Breakdown: 8 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $20.38 (2.23% upside)

Analysts' Ratings History for Hersha Hospitality Trust (NYSE:HT)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017FBR & CoReiterated RatingBuyView Rating Details
2/14/2017Barclays PLCSet Price TargetHold$21.00View Rating Details
2/14/2017Canaccord GenuityReiterated RatingHold$22.00View Rating Details
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
7/29/2016Deutsche Bank AGLower Price TargetHold$20.00 -> $18.00View Rating Details
5/23/2016Janney Montgomery ScottInitiated CoverageNeutral$21.00 -> $17.00View Rating Details
5/19/2016Bank of America CorpDowngradeBuy -> 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 2/25/2015 forward)

Earnings

Earnings History for Hersha Hospitality Trust (NYSE:HT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/22/2017Q416($0.04)$0.52$115.70 million$111.45 millionViewN/AView Earnings Details
10/26/2016Q316$0.69$0.72$116.01 million$120.60 millionViewN/AView Earnings Details
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: $0.09 EPS
Next Year EPS Consensus Estimate: $0.36 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$0.50$0.53$0.52
Q1 20172$0.24$0.26$0.25
Q2 20172$0.72$0.79$0.76
Q3 20172$0.65$0.74$0.70
Q4 20172$0.54$0.63$0.59
Q1 20181$0.30$0.30$0.30
Q2 20181$0.78$0.78$0.78
Q3 20181$0.71$0.71$0.71
Q4 20181$0.61$0.61$0.61
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Hersha Hospitality Trust (NYSE:HT)
Annual Dividend:$1.12
Dividend Yield:5.62%
Dividend Growth:5.30% (3 Year Average)
Payout Ratio:47.86% (Based on Trailing 12 Months of Earnings)
1,244.44% (Based on Current Year Consensus EPS Estimate)
311.11% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Hersha Hospitality Trust (NYSE:HT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/19/2016quarterly$0.285.19%1/3/20171/5/20171/17/2017
9/22/2016Quarterly$0.289/29/201610/3/201610/17/2016
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)
Insider Ownership Percentage: 7.10%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/29/2016Thomas J Hutchison IIIDirectorSell8,000$21.34$170,720.00View SEC Filing  
11/30/2016Thomas J Hutchison IIIDirectorSell10,000$20.07$200,700.00View SEC Filing  
11/3/2016Neil H ShahInsiderBuy1,471$17.00$25,007.00View SEC Filing  
11/2/2016Neil H ShahInsiderBuy2,879$17.35$49,950.65View SEC Filing  
11/1/2016Jay H ShahCEOBuy1,429$17.50$25,007.50View SEC Filing  
9/13/2016Neil H ShahInsiderBuy1,385$18.00$24,930.00View SEC Filing  
9/12/2016Jay H ShahCEOBuy4,700$18.40$86,480.00View SEC Filing  
9/6/2016Jay H ShahCEOBuy665$18.74$12,462.10View SEC Filing  
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 IconHersha Hospitality Trust Acquires Ritz-Carlton Coconut Grove for $36M (NYSE:HT)
rebusinessonline.com - February 24 at 7:02 PM
News IconPhiladelphia hotelier launches Miami expansion with purchase of Coconut Grove’s Ritz Carlton (NYSE:HT)
www.miamiherald.com - February 24 at 10:34 AM
News IconPan Pacific Hotel Sold to Hersha Hospitality Trust (NYSE:HT)
www.meetings-conventions.com - February 24 at 10:34 AM
biz.yahoo.com logoHERSHA HOSPITALITY TRUST Files SEC form 10-K, Annual Report (NYSE:HT)
biz.yahoo.com - February 24 at 10:33 AM
4-traders.com logoHersha Hospitality Trust : Philadelphia hotelier launches Miami expansion with purchase of Coconut Grove's Ritz Carlton (NYSE:HT)
www.4-traders.com - February 23 at 10:46 PM
finance.yahoo.com logoEdited Transcript of HT earnings conference call or presentation 23-Feb-17 2:00pm GMT (NYSE:HT)
finance.yahoo.com - February 23 at 10:46 PM
seekingalpha.com logoHersha Hospitality Trust's (HT) CEO Jay Shah on Q4 2016 Results - Earnings Call Transcript (NYSE:HT)
seekingalpha.com - February 23 at 5:45 PM
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 - February 23 at 5:45 PM
reuters.com logoBRIEF-Hersha Hospitality Trust acquires The Ritz-Carlton, Coconut Grove (NYSE:HT)
in.reuters.com - February 22 at 10:55 PM
4-traders.com logoHersha Hospitality Trust : reports 4Q results (NYSE:HT)
www.4-traders.com - February 22 at 10:55 PM
reuters.com logoBRIEF-Hersha Hospitality Trust reports Q4 adjusted FFO per share $0.52 (NYSE:HT)
www.reuters.com - February 22 at 10:55 PM
us.rd.yahoo.com logo5:39 pm Hersha Hospitality Trust reports FFO in-line, misses on revs; guides FY17 AFFO below consensus (NYSE:HT)
us.rd.yahoo.com - February 22 at 10:55 PM
sg.finance.yahoo.com logoHersha Hospitality reports 4Q results (NYSE:HT)
sg.finance.yahoo.com - February 22 at 10:55 PM
bizjournals.com logoVulcan sells Pan Pacific Hotel for $79 million to Hertha Hospitality Trust (NYSE:HT)
www.bizjournals.com - February 22 at 10:55 PM
reuters.com logoBRIEF-Hersha Hospitality Trust acquires Seattle's Pan Pacific Hotel (NYSE:HT)
www.reuters.com - February 22 at 5:55 PM
finance.yahoo.com logoHersha Hospitality Trust Acquires the Ritz-Carlton, Coconut Grove (NYSE:HT)
finance.yahoo.com - February 22 at 5:55 PM
finance.yahoo.com logoHersha Hospitality Trust Acquires Seattle’s Pan Pacific Hotel (NYSE:HT)
finance.yahoo.com - February 22 at 5:55 PM
finance.yahoo.com logoHersha Hospitality Trust Announces Full-Year and Fourth Quarter 2016 Results (NYSE:HT)
finance.yahoo.com - February 22 at 5:55 PM
capitalcube.com logoHersha Hospitality Trust breached its 50 day moving average in a Bullish Manner : HT-US : February 22, 2017 (NYSE:HT)
www.capitalcube.com - February 22 at 12:49 PM
News IconEquity Watch: Looking at Shares of Hersha Hospitality Trust (HT) - Baldwin Journal (NYSE:HT)
baldwinjournal.com - February 17 at 3:25 PM
nasdaq.com logoIs Hersha Hospitality (HT) a Great Stock for Value Investors? - Nasdaq (NYSE:HT)
www.nasdaq.com - February 17 at 3:25 PM
finance.yahoo.com logoIs Hersha Hospitality (HT) a Great Stock for Value Investors? (NYSE:HT)
finance.yahoo.com - February 17 at 3:25 PM
istreetwire.com logoStocks Under Review: Vanguard Natural Resources, LLC (VNR), Hersha Hospitality Trust (HT), Glu Mobile Inc. (GLUU) - iStreetWire (NYSE:HT)
istreetwire.com - February 13 at 11:22 AM
News IconHarrisburg-based company joins S&P SmallCap 600 (NYSE:HT)
www.pennlive.com - February 8 at 6:25 PM
streetinsider.com logoCooper Tire & Rubber (CTB) to Replace comScore (SCOR) in the ... - StreetInsider.com (NYSE:HT)
www.streetinsider.com - February 8 at 12:05 AM
streetinsider.com logoCooper Tire & Rubber (CTB) to Replace comScore (SCOR) in the S&P MidCap 400; Hersha Hospitality Trust (HT) to Join S&P SmallCap 600 (NYSE:HT)
www.streetinsider.com - February 7 at 7:02 PM
finance.yahoo.com logoCooper Tire & Rubber to Join S&P MidCap 400; Hersha Hospitality Trust to Join S&P SmallCap 600 (NYSE:HT)
finance.yahoo.com - February 7 at 7:02 PM
finance.yahoo.com logoBesides Interest Rates, Here's Why REIT Investments Seem Risky (NYSE:HT)
finance.yahoo.com - February 4 at 4:19 AM
News IconGencom sells Ritz-Carlton Coconut Grove for $25M to hotel REIT (NYSE:HT)
therealdeal.com - February 3 at 6:18 PM
bizjournals.com logoRitz-Carlton Coconut Grove sells to public company for $25M (NYSE:HT)
www.bizjournals.com - February 3 at 6:18 PM
capitalcube.com logoHersha Hospitality Trust breached its 50 day moving average in a Bearish Manner : HT-US : January 31, 2017 (NYSE:HT)
www.capitalcube.com - January 31 at 6:31 PM
News IconAre Analysts Predicting a Near-Term Upswing For Hersha Hospitality Trust (NYSE:HT)? - Wall Street Beacon (NYSE:HT)
wsbeacon.com - January 30 at 6:30 PM
News IconTrading Insight: Taking a Look at Levels for Hersha Hospitality Trust (HT) - Market Point (NYSE:HT)
mtptnews.com - January 30 at 6:30 PM
News IconRSI, CCI, and ADX Levels in View for Hersha Hospitality Trust (HT) - Market Point (NYSE:HT)
mtptnews.com - January 26 at 7:24 PM
News IconEarnings in Full Force, Analysts Take Aim at Hersha Hospitality Trust (NYSE:HT) - Wall Street Beacon (NYSE:HT)
wsbeacon.com - January 25 at 3:16 PM
seekingalpha.com logo3 Stocks Offering Yields To Help Retirees Pay Current Bills (NYSE:HT)
seekingalpha.com - January 23 at 6:03 PM
capitalcube.com logoHersha Hospitality Trust breached its 50 day moving average in a Bullish Manner : HT-US : January 19, 2017 (NYSE:HT)
www.capitalcube.com - January 19 at 7:31 PM
News IconWilliams %R, RSI, and ADX Update for Hersha Hospitality Trust (HT) - Springdale Times (NYSE:HT)
springdaletimes.com - January 17 at 11:19 PM
News IconHersha Hospitality Trust Sells Two Hotels in Metro D.C. for $62M (NYSE:HT)
rebusinessonline.com - January 16 at 5:45 PM
businesswire.com logoHersha Hospitality Trust Announces Dividend Classification for 2016 - Business Wire (press release) (NYSE:HT)
www.businesswire.com - January 14 at 10:48 PM
News IconHersha Hospitality Trust Sells Pair of Suburban D.C. Hotels for $62 Million (NYSE:HT)
www.costar.com - January 13 at 6:55 PM
finance.yahoo.com logoHersha Hospitality Trust Announces Dividend Classification for 2016 (NYSE:HT)
finance.yahoo.com - January 13 at 6:55 PM
News IconNordstrom adds innovation chief to merge stores, digital (NYSE:HT)
www.smartbrief.com - January 11 at 6:24 PM
News IconOwners swap interests in Mystic, Hartford hotels (NYSE:HT)
www.hartfordbusiness.com - January 11 at 6:24 PM
News IconHersha sells hotels in D.C. suburbs, moving on from others on the West Coast (NYSE:HT)
www.cpbj.com - January 11 at 6:24 PM
News IconHersha Hospitality Sells Two Suburban Washington, DC Hotels for $62.0 Million (NYSE:HT)
www.hotelnewsresource.com - January 11 at 6:24 PM
finance.yahoo.com logoHersha Hospitality Trust Completes Sale of Two Suburban Washington, DC Hotels and Exits the Mystic Partners Joint-Venture (NYSE:HT)
finance.yahoo.com - January 11 at 6:23 PM
businesswire.com logoHersha Hospitality Trust to Report Fourth Quarter 2016 Earnings on February 22, 2017 - Business Wire (press release) (NYSE:HT)
www.businesswire.com - January 5 at 6:25 AM
publicnow.com logoHersha Hospitality Trust to Report Fourth Quarter 2016 Earnings on February 22, 2017 (NYSE:HT)
www.publicnow.com - January 4 at 4:49 PM
nasdaq.com logoHersha Hospitality Trust's 6.50% Series D Cumulative Redeemable Preferred Shares Ex-Dividend Reminder - Nasdaq (NYSE:HT)
www.nasdaq.com - December 27 at 5:49 PM

Social

What is Hersha Hospitality Trust's stock symbol?

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

How often does Hersha Hospitality Trust pay dividends? What is the dividend yield for Hersha Hospitality Trust?

Hersha Hospitality Trust declared a quarterly dividend on Monday, December 19th. Shareholders of record on Thursday, January 5th will be given a dividend of $0.28 per share on Tuesday, January 17th. This represents a $1.12 annualized dividend and a yield of 5.62%. The ex-dividend date is Tuesday, January 3rd.

Where is Hersha Hospitality Trust's stock going? Where will Hersha Hospitality Trust's stock price be in 2017?

9 analysts have issued 1-year target prices for Hersha Hospitality Trust's stock. Their predictions range from $17.00 to $25.00. On average, they expect Hersha Hospitality Trust's share price to reach $20.38 in the next year.

When will Hersha Hospitality Trust announce their earnings?

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns Hersha Hospitality Trust stock?

Hersha Hospitality Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (3.24%), Cardinal Capital Management LLC CT (2.84%), Chilton Capital Management LLC (1.84%), Dimensional Fund Advisors LP (1.54%), Renaissance Technologies LLC (1.53%) and Loomis Sayles & Co. L P (1.21%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Donald J Landry, Hasu P Shah, Jay H Shah, Michael R Gillespie, Neil H Shah and Thomas J Hutchison III.

Who sold Hersha Hospitality Trust stock? Who is selling Hersha Hospitality Trust stock?

Hersha Hospitality Trust's stock was sold by a variety of institutional investors in the last quarter, including Chilton Capital Management LLC, GSA Capital Partners LLP, Guggenheim Capital LLC, State Street Corp, Thrivent Financial for Lutherans, Dimensional Fund Advisors LP, Asset Management One Co. Ltd. and AQR Capital Management LLC.

Who bought Hersha Hospitality Trust stock? Who is buying Hersha Hospitality Trust stock?

Hersha Hospitality Trust's stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Renaissance Technologies LLC, Two Sigma Investments LP, Bowling Portfolio Management LLC, Cardinal Capital Management LLC CT and Credit Agricole S A. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Donald J Landry, Hasu P Shah, Jay H Shah, Michael R Gillespie and Neil H Shah.

How do I buy Hersha Hospitality Trust stock?

Shares of Hersha Hospitality Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Hersha Hospitality Trust stock cost?

One share of Hersha Hospitality Trust stock can currently be purchased for approximately $19.93.

Hersha Hospitality Trust (NYSE:HT) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Hersha Hospitality Trust (NYSE:HT)

Earnings History Chart

Earnings by Quarter for Hersha Hospitality Trust (NYSE:HT)

Dividend History Chart

Dividend Payments by Quarter for Hersha Hospitality Trust (NYSE:HT)

Last Updated on 2/25/2017 by MarketBeat.com Staff