Hersha Hospitality Trust - HT Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research 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.
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6 analysts have issued twelve-month price targets for Hersha Hospitality Trust's stock. Their HT share price forecasts range from $9.00 to $14.50. On average, they anticipate the company's share price to reach $11.64 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
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Hersha Hospitality Trust's stock was trading at $8.52 at the beginning of the year. Since then, HT stock has increased by 9.5% and is now trading at $9.33.
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Hersha Hospitality Trust saw a decrease in short interest during the month of January. As of January 15th, there was short interest totaling 780,000 shares, a decrease of 38.6% from the December 31st total of 1,270,000 shares. Based on an average trading volume of 374,600 shares, the days-to-cover ratio is presently 2.1 days. Approximately 2.3% of the company's stock are short sold.
View Hersha Hospitality Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our HT earnings forecast.

Hersha Hospitality Trust will be holding an earnings conference call on Thursday, February 16th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "285685".

Hersha Hospitality Trust (NYSE:HT) posted its earnings results on Wednesday, April, 27th. The real estate investment trust reported ($0.58) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.53. Hersha Hospitality Trust had a trailing twelve-month return on equity of 14.85% and a net margin of 23.67%. During the same period in the prior year, the business posted ($0.36) earnings per share.

Hersha Hospitality Trust declared a quarterly dividend on Thursday, December 15th. Stockholders of record on Friday, December 30th will be given a dividend of $0.55 per share on Wednesday, January 18th. This represents a $2.20 annualized dividend and a dividend yield of 23.58%. The ex-dividend date of this dividend is Thursday, December 29th. This is a positive change from the stock's previous quarterly dividend of $0.05.
Read our dividend analysis for HT.

Hersha Hospitality Trust (NYSE:HT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 2.14%. The dividend payout ratio is 11.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HT will have a dividend payout ratio of 19.23% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HT.

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.

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).

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

Hersha Hospitality Trust's stock is owned by many different institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.35%), New York State Teachers Retirement System (0.19%), Nisa Investment Advisors LLC (0.09%), Bailard Inc. (0.07%), Versor Investments LP (0.07%) and Yousif Capital Management LLC (0.05%). Insiders that own company stock include Ashish R Parikh, David L Desfor, Donald J Landry, Hasu P Shah, Jay H Shah, Michael A Leven, Neil H Shah and Thomas J Hutchison III.
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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.
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One share of HT stock can currently be purchased for approximately $9.33.

Hersha Hospitality Trust (NYSE:HT) has a market capitalization of $369.93 million and generates $295.99 million in revenue each year. The real estate investment trust earns $-40,170,000.00 in net income (profit) each year or $1.81 on an earnings per share basis.

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 (717) 236-4400, via email at investorrelations@hersha.com, or via fax at 215-238-0157.