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: $18.07
  • 50 Day Moving Average: $19.01
  • 200 Day Moving Average: $19.09
  • 52-Week Range: $15.36 - $25.63
  • Trailing P/E Ratio: 7.54
  • Foreward P/E Ratio: 7.76
  • P/E Growth: 1.50
  • Market Cap: $766.66M
  • Outstanding Shares: 42,427,000
  • Beta: 1.43
Profitability:
  • Net Margins: 24.39%
  • Return on Equity: 15.88%
  • Return on Assets: 5.87%
Debt:
  • Debt-to-Equity Ratio: 1.23%
  • Current Ratio: 2.37%
  • Quick Ratio: 2.37%
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 (20.24% 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 9/30/2014 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: $2.3 EPS
Next Year EPS Consensus Estimate: $2.33 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:6.20%
Dividend Growth:-1.80% (3 Year Average)
Payout Ratio:45.16% (Based on Trailing 12 Months of Earnings)
48.70% (Based on Current Year Consensus EPS Estimate)
48.07% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Hersha Hospitality Trust (NYSE:HT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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
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
businesswire.com logoHersha Hospitality Trust to Report Third Quarter 2016 Earnings on October 25, 2016 - Business Wire (press release) (NYSE:HT)
www.businesswire.com - September 26 at 10:07 AM
publicnow.com logoHersha Hospitality Trust to Report Third Quarter 2016 Earnings on October 25, 2016 (NYSE:HT)
www.publicnow.com - September 26 at 10:07 AM
seekingalpha.com logoHersha Hospitality declares $0.28 dividend (NYSE:HT)
seekingalpha.com - September 23 at 10:30 AM
capitalcube.com logoHersha Hospitality Trust breached its 50 day moving average in a Bullish Manner : HT-US : September 23, 2016 (NYSE:HT)
www.capitalcube.com - September 23 at 10:30 AM
businesswire.com logoHersha Hospitality Trust Announces Quarterly Dividend - Business Wire (press release) (NYSE:HT)
www.businesswire.com - September 22 at 5:33 PM
publicnow.com logoHersha Hospitality Trust Announces Quarterly Dividend (NYSE:HT)
www.publicnow.com - September 22 at 5:33 PM
investornewswire.com logoHersha Hospitality Trust (NYSE:HT) EPS Target At $0.67 - Investor Newswire (NYSE:HT)
www.investornewswire.com - September 21 at 3:44 PM
seekingalpha.com logoHersha Hospitality Trust: A Sweet K.I.S.S. Strategy That Is Paying Off (NYSE:HT)
seekingalpha.com - September 19 at 5:35 PM
seekingalpha.com logoHersha Hospitality Trust: A Sweet K.I.S.S. Strategy That Is Paying Off (NYSE:HT)
seekingalpha.com - September 19 at 5:35 PM
News IconVideo: Hersha’s Neil Shah on investment, transactions (NYSE:HT)
hotelnewsnow.com - September 19 at 10:02 AM
fidaily.com logoHersha Hospitality Trust Class (NYSE:HT) Trading Up – Insiders Buying, Short Interest Falling (NYSE:HT)
www.fidaily.com - September 16 at 9:24 AM
News IconHersha Hospitality Trust to Sell $185 Million Portfolio (NYSE:HT)
lodgingmagazine.com - September 15 at 5:51 PM
News IconHersha Parts Ways with Suburban Hotel Portfolio (NYSE:HT)
www.cpexecutive.com - September 15 at 5:51 PM
News IconHersha Hospitality Trust sells five-hotel portfolio (NYSE:HT)
www.hotelmanagement.net - September 15 at 5:51 PM
News IconAnalyst Expectations and Growth Review for Hersha Hospitality Trust (NYSE:HT) - Post News (NYSE:HT)
www.kentuckypostnews.com - September 14 at 5:37 PM
reuters.com logoBRIEF-Hersha Hospitality Trust to sell 5-hotel portfolio (NYSE:HT)
www.reuters.com - September 14 at 9:44 AM
law360.com logoHersha Hospitality Trust Selling 5 Hotels For $185M (NYSE:HT)
www.law360.com - September 14 at 9:44 AM
News IconHersha Hospitality Trust to Sell 5-Hotel Portfolio for $185MM, Two Hotels in Bay Area (NYSE:HT)
news.theregistrysf.com - September 14 at 9:44 AM
fidaily.com logoHersha Hospitality Trust Class (NYSE:HT) Trading Down – Insiders Buying, Short Interest Falling (NYSE:HT)
www.fidaily.com - September 14 at 9:44 AM
bizjournals.com logoNew restaurant, new lobby, new energy for the St. Gregory Hotel - Washington Business Journal (NYSE:HT)
www.bizjournals.com - September 13 at 10:16 AM
streetinsider.com logoHersha Hospitality Trust (HT) Announces $185M Sale of Five-Hotel Portfolio - StreetInsider.com (NYSE:HT)
www.streetinsider.com - September 13 at 10:16 AM
publicnow.com logoHersha Hospitality Trust to Sell 5-Hotel Portfolio for $185.0 Million (NYSE:HT)
www.publicnow.com - September 13 at 10:16 AM
bizjournals.com logoNew restaurant, new lobby, new energy for the St. Gregory Hotel (NYSE:HT)
www.bizjournals.com - September 12 at 5:21 PM
capitalcube.com logoETF’s with exposure to Hersha Hospitality Trust : September 12, 2016 (NYSE:HT)
www.capitalcube.com - September 12 at 5:21 PM
capitalcube.com logoHersha Hospitality Trust breached its 50 day moving average in a Bearish Manner : HT-US : September 12, 2016 (NYSE:HT)
www.capitalcube.com - September 12 at 10:12 AM
News IconC-Suite Leaders and Global Issue Experts Highlight Final Day of the 2016 Hotel Data Conference (NYSE:HT)
www.htrends.com - September 9 at 5:17 PM
finance.yahoo.com logoSanctuary Beach Resort Announces New Restaurant (NYSE:HT)
finance.yahoo.com - September 8 at 5:25 PM
marketwired.com logoSanctuary Beach Resort Announces New Restaurant - Marketwired (press release) (NYSE:HT)
www.marketwired.com - September 8 at 9:26 AM
News IconPlacing Hersha Hospitality Trust (NYSE:HT) Shares Under the ... - Post News (NYSE:HT)
www.kentuckypostnews.com - September 8 at 9:26 AM
investornewswire.com logoStock Rating Update On Hersha Hospitality Trust (NYSE:HT) - Investor Newswire (NYSE:HT)
www.investornewswire.com - September 3 at 4:59 PM
News IconPlans for $35M Merrick Park hotel head to Coral Gables board (NYSE:HT)
therealdeal.com - August 26 at 8:31 AM
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

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Hersha Hospitality Trust (NYSE:HT) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff