NYSE:HTHersha Hospitality Trust Stock Price, Forecast & News

Hersha Hospitality Trust's stock was trading at $7.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HT shares have decreased by 21.9% and is now trading at $5.64. View which stocks have been most impacted by Coronavirus.

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 and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Hersha Hospitality Trust.

Hersha Hospitality Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Hersha Hospitality Trust.

Hersha Hospitality Trust (NYSE:HT) released its quarterly earnings data on Wednesday, May, 6th. The real estate investment trust reported ($0.76) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.72. The real estate investment trust had revenue of $90.14 million for the quarter, compared to analysts' expectations of $97.74 million. Hersha Hospitality Trust had a negative return on equity of 2.31% and a negative net margin of 3.98%. View Hersha Hospitality Trust's earnings history.

Hersha Hospitality Trust declared a quarterly dividend on Monday, March 9th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.28 per share on Wednesday, April 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 19.86%. The ex-dividend date of this dividend is Monday, March 30th. View Hersha Hospitality Trust's dividend history.

7 Wall Street analysts have issued twelve-month price targets for Hersha Hospitality Trust's shares. Their forecasts range from $2.00 to $12.50. On average, they anticipate Hersha Hospitality Trust's share price to reach $7.43 in the next twelve months. This suggests a possible upside of 31.7% from the stock's current price. View analysts' price targets for Hersha Hospitality Trust.

Press coverage about HT stock has been trending negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Hersha Hospitality Trust.

Hersha Hospitality Trust saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,710,000 shares, a decrease of 9.4% from the June 15th total of 2,990,000 shares. Based on an average trading volume of 992,700 shares, the short-interest ratio is currently 2.7 days. Approximately 7.8% of the shares of the stock are short sold. View Hersha Hospitality Trust's Current Options Chain.

Some companies that are related to Hersha Hospitality Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hersha Hospitality Trust investors own include New Residential Investment (NRZ), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Ventas (VTR), Medical Properties Trust (MPW), AbbVie (ABBV), Iron Mountain (IRM), ANNALY CAP MGMT/SH (NLY) and Simon Property Group (SPG).

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

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.

One share of HT stock can currently be purchased for approximately $5.64.

Hersha Hospitality Trust has a market capitalization of $218.10 million and generates $529.96 million in revenue each year. The real estate investment trust earns $-3,670,000.00 in net income (profit) each year or $1.94 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.

The official website for Hersha Hospitality Trust is www.hersha.com.

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]