Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale, luxury and lifestyle hotels in urban gateway markets and coastal destinations. The Company's 48 hotels totaling 7,644 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone717-236-4400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$495.06 million
Profitability
Miscellaneous
Employees54
Next Earnings Date2/24/2020 (Estimated)
OptionableOptionable
Hersha Hospitality Trust (NYSE:HT) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, September 19th. Investors of record on Monday, September 30th will be paid a dividend of $0.28 per share on Tuesday, October 15th. This represents a $1.12 dividend on an annualized basis and a yield of 7.73%. The ex-dividend date is Friday, September 27th. View Hersha Hospitality Trust's Dividend History.
How will Hersha Hospitality Trust's stock buyback program work?
Hersha Hospitality Trust announced that its Board of Directors has approved a share repurchase program on Thursday, January 4th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.
How were Hersha Hospitality Trust's earnings last quarter?
Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings results on Tuesday, November, 5th. The real estate investment trust reported ($0.15) EPS for the quarter, missing the Zacks' consensus estimate of $0.52 by $0.67. The real estate investment trust had revenue of $135 million for the quarter, compared to analyst estimates of $135.62 million. Hersha Hospitality Trust had a net margin of 0.36% and a return on equity of 0.21%. View Hersha Hospitality Trust's Earnings History.
When is Hersha Hospitality Trust's next earnings date?
What price target have analysts set for HT?
7 brokers have issued 1-year price objectives for Hersha Hospitality Trust's shares. Their forecasts range from $12.50 to $18.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $14.25 in the next year. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Hersha Hospitality Trust.
What is the consensus analysts' recommendation for Hersha Hospitality Trust?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hersha Hospitality Trust.
Has Hersha Hospitality Trust been receiving favorable news coverage?
Press coverage about HT stock has been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a media sentiment score of -3.4 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Hersha Hospitality Trust.
Who are some of Hersha Hospitality Trust's key competitors?
Some companies that are related to Hersha Hospitality Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP) and Sabra Health Care REIT (SBRA).
What other stocks do shareholders of Hersha Hospitality Trust own?
Who are Hersha Hospitality Trust's key executives?
Hersha Hospitality Trust's management team includes the folowing people:
- Mr. Hasu P. Shah, Exec. Chairman (Age 74)
- Mr. Jay H. Shah, CEO & Trustee (Age 50)
- Mr. Neil H. Shah, Pres & COO (Age 45)
- Mr. Ashish R. Parikh CPA, CFO & Assistant Sec. (Age 49)
- Mr. Michael R. Gillespie CPA, Chief Accounting Officer, Controller & Assistant Sec. (Age 46)
Who are Hersha Hospitality Trust's major shareholders?
Hersha Hospitality Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (3.63%), Real Estate Management Services LLC (1.52%), Hillcrest Asset Management LLC (1.40%), O Keefe Stevens Advisory Inc. (0.61%), Foundry Partners LLC (0.60%) and Robeco Institutional Asset Management B.V. (0.36%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael R Gillespie, Neil H Shah and Thomas J Hutchison III. View Institutional Ownership Trends for Hersha Hospitality Trust.
Which major investors are selling Hersha Hospitality Trust stock?
HT stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Hillcrest Asset Management LLC, Systematic Financial Management LP, Fisher Asset Management LLC, Foundry Partners LLC, Spirit of America Management Corp NY, Strs Ohio and Diligent Investors LLC. View Insider Buying and Selling for Hersha Hospitality Trust.
Which major investors are buying Hersha Hospitality Trust stock?
HT stock was bought by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Real Estate Management Services LLC, California Public Employees Retirement System, O Keefe Stevens Advisory Inc., Sumitomo Mitsui Trust Holdings Inc., Rhumbline Advisers, Nisa Investment Advisors LLC and State of Alaska Department of Revenue. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael R Gillespie and Neil H Shah. View Insider Buying and Selling for Hersha Hospitality Trust.
How do I buy shares of 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, Robinhood, Fidelity and Charles Schwab.
What is Hersha Hospitality Trust's stock price today?
One share of HT stock can currently be purchased for approximately $14.49.
How big of a company is Hersha Hospitality Trust?
Hersha Hospitality Trust has a market capitalization of $559.46 million and generates $495.06 million in revenue each year. The real estate investment trust earns $9.99 million in net income (profit) each year or $2.20 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.View Additional Information About Hersha Hospitality Trust.
What is Hersha Hospitality Trust's official website?
How can I contact Hersha Hospitality Trust?
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]
MarketBeat Community Rating for Hersha Hospitality Trust (NYSE HT)
MarketBeat's community ratings are surveys of what our community members think about Hersha Hospitality Trust and other stocks. Vote "Outperform" if you believe HT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HT will underperform the S&P 500 over the long term. You may vote once every thirty days.
