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Why did Biden repeal Trump's Executive Order?! (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Why did Biden repeal Trump's Executive Order?! (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Bank Collapse Causes Gold Prices to Soar (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Why did Biden repeal Trump's Executive Order?! (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Why did Biden repeal Trump's Executive Order?! (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Bank Collapse Causes Gold Prices to Soar (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
Why did Biden repeal Trump's Executive Order?! (Ad)
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
Tragedy that left 5 dead or missing puts spotlight on safety in Alaska charter fishing industry
Why did Biden repeal Trump's Executive Order?! (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Bank Collapse Causes Gold Prices to Soar (Ad)
Twitter executive responsible for content safety resigns after Elon Musk criticism

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

$6.18
+0.33 (+5.64%)
(As of 06/2/2023 ET)
Compare
Today's Range
$5.91
$6.25
50-Day Range
$5.78
$6.72
52-Week Range
$5.66
$12.15
Volume
425,624 shs
Average Volume
315,752 shs
Market Capitalization
$246.46 million
P/E Ratio
1.99
Dividend Yield
3.24%
Price Target
$9.60

Hersha Hospitality Trust MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
41.6% Upside
$8.75 Price Target
Short Interest
Healthy
3.25% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
18.82%
From $0.85 to $1.01 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.18 out of 5 stars

Finance Sector

54th out of 873 stocks

Real Estate Investment Trusts Industry

7th out of 191 stocks


HT stock logo

About Hersha Hospitality Trust (NYSE:HT) Stock

Hersha Hospitality Trust is a self-advised real estate investment trust in the hospitality sector, which owns and operates hotels in urban gateway markets. Its hotel properties are located in New York, Boston, Philadelphia, Washington, the District of Columbia, Miami, and select markets on the West Coast. The company was founded by Hasu P. Shah in May 1998 and is headquartered in Philadelphia, PA.

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HT Stock News Headlines

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Hersha Hospitality (HT) Lags Q1 FFO Estimates
Stifel Nicolaus Remains a Buy on Hersha Hospitality (HT)
Hersha Hospitality Trust Announces Quarterly Dividend
HT.PE Hersha Hospitality Trust PFD CUM RED E
HT Hersha Hospitality Trust
A Preview Of Hersha Hospitality's Earnings
See More Headlines

HT Price History

HT Company Calendar

Last Earnings
4/27/2022
Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Today
6/03/2023
Ex-Dividend for 7/17 Dividend
6/29/2023
Dividend Payable
7/17/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
42782510
Employees
28
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.60
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+55.3%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$146.72 million
Pretax Margin
44.59%

Debt

Sales & Book Value

Annual Sales
$405.87 million
Cash Flow
$5.78 per share
Book Value
$18.50 per share

Miscellaneous

Free Float
30,944,000
Market Cap
$246.46 million
Optionable
Optionable
Beta
2.01

Key Executives

  • Neil H. Shah
    President, Chief Executive Officer & Trustee
  • Ashish R. Parikh
    Chief Financial Officer
  • Michael R. Gillespie
    Chief Accounting Officer & Executive VP
  • Stephanie Galli
    Senior Vice President & General Counsel
  • William J. Walsh
    Senior Vice President-Asset Management













HT Stock - Frequently Asked Questions

Should I buy or sell Hersha Hospitality Trust stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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.

What is Hersha Hospitality Trust's stock price forecast for 2023?

5 analysts have issued 1-year price targets for Hersha Hospitality Trust's shares. Their HT share price forecasts range from $7.00 to $13.00. On average, they anticipate the company's share price to reach $9.60 in the next twelve months. This suggests a possible upside of 55.3% from the stock's current price.
View analysts price targets for HT
or view top-rated stocks among Wall Street analysts.

How have HT shares performed in 2023?

Hersha Hospitality Trust's stock was trading at $8.52 at the beginning of 2023. Since then, HT stock has decreased by 27.5% and is now trading at $6.18.
View the best growth stocks for 2023 here
.

Are investors shorting Hersha Hospitality Trust?

Hersha Hospitality Trust saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,080,000 shares, an increase of 15.2% from the April 30th total of 937,800 shares. Based on an average daily trading volume, of 725,300 shares, the days-to-cover ratio is presently 1.5 days. Approximately 3.3% of the company's stock are short sold.
View Hersha Hospitality Trust's Short Interest
.

When is Hersha Hospitality Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our HT earnings forecast
.

How were Hersha Hospitality Trust's earnings last quarter?

Hersha Hospitality Trust (NYSE:HT) released its quarterly earnings data on Wednesday, April, 27th. The real estate investment trust reported ($0.58) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.53. Hersha Hospitality Trust had a net margin of 37.11% and a trailing twelve-month return on equity of 20.75%. During the same quarter in the prior year, the firm posted ($0.36) earnings per share.

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 Thursday, May 18th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.05 per share on Monday, July 17th. This represents a $0.20 annualized dividend and a yield of 3.24%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for HT
.

What ETFs hold Hersha Hospitality Trust's stock?
Is Hersha Hospitality Trust a good dividend stock?

Hersha Hospitality Trust (NYSE:HT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.42%. The dividend payout ratio is 6.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HT will have a dividend payout ratio of 19.80% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HT.

What guidance has Hersha Hospitality Trust issued on next quarter's earnings?

Hersha Hospitality Trust updated its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $0.39-$0.45 for the period, compared to the consensus estimate of $0.42. The company issued revenue guidance of -.

What is Jay H. Shah's approval rating as Hersha Hospitality Trust's CEO?

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.

What other stocks do shareholders of Hersha Hospitality Trust own?

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).

What is Hersha Hospitality Trust's stock symbol?

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

Who are Hersha Hospitality Trust's major shareholders?

Hersha Hospitality Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.33%), State Street Corp (2.78%), Prudential Financial Inc. (2.35%), Geode Capital Management LLC (1.61%), Two Sigma Advisers LP (1.54%) and Jane Street Group LLC (1.30%). Insiders that own company stock include Ashish R Parikh, Jay H Shah, Michael A Leven, Neil H Shah and Thomas J Hutchison III.
View institutional ownership trends
.

How do I buy shares of Hersha Hospitality Trust?

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.
Compare Top Brokerages Here.

What is Hersha Hospitality Trust's stock price today?

One share of HT stock can currently be purchased for approximately $6.18.

How much money does Hersha Hospitality Trust make?

Hersha Hospitality Trust (NYSE:HT) has a market capitalization of $246.46 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 $3.11 on an earnings per share basis.

How can I contact Hersha Hospitality Trust?

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.

This page (NYSE:HT) was last updated on 6/3/2023 by MarketBeat.com Staff

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