Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets and coastal destinations. The Company's 49 hotels totaling 7,666 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker ?HT.?
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:HT
CUSIP42782510
Phone717-236-4400
Debt
Debt-to-Equity Ratio1.07
Current Ratio0.56
Quick Ratio0.56
Price-To-Earnings
Trailing P/E Ratio9.05
Forward P/E Ratio9.87
P/E Growth1.98
Sales & Book Value
Annual Sales$498.24 million
Price / Sales1.54
Cash Flow$4.5761 per share
Price / Cash4.27
Book Value$21.34 per share
Price / Book0.92
Profitability
EPS (Most Recent Fiscal Year)$2.16
Net Income$99.86 million
Net Margins-2.74%
Return on Equity-0.58%
Return on Assets-0.25%
Miscellaneous
Employees51
Outstanding Shares39,380,000
Market Cap$769.49 million
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 declared a quarterly dividend on Tuesday, September 18th. Stockholders of record on Monday, October 1st will be paid a dividend of $0.28 per share on Monday, October 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 5.73%. The ex-dividend date of this dividend is Friday, September 28th. 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 authorized a stock buyback plan on Thursday, January 4th 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
How were Hersha Hospitality Trust's earnings last quarter?
Hersha Hospitality Trust (NYSE:HT) posted its earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.12. The real estate investment trust earned $133.84 million during the quarter, compared to the consensus estimate of $135.57 million. Hersha Hospitality Trust had a negative return on equity of 0.58% and a negative net margin of 2.74%. View Hersha Hospitality Trust's Earnings History.
When is Hersha Hospitality Trust's next earnings date?
What price target have analysts set for HT?
9 analysts have issued 12 month price targets for Hersha Hospitality Trust's stock. Their predictions range from $17.00 to $24.00. On average, they anticipate Hersha Hospitality Trust's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.
What is the consensus analysts' recommendation for Hersha Hospitality Trust?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hersha Hospitality Trust.
Who are some of Hersha Hospitality Trust's key competitors?
Some companies that are related to Hersha Hospitality Trust include National Health Investors (NHI), Physicians Realty Trust (DOC), The GEO Group (GEO), Corporate Office Properties Trust (OFC), Keppel REIT (KREVF), Colony Capital (CLNY), Rexford Industrial Realty (REXR), MFA Finl Inc/SH (MFA), Corecivic (CXW), Stag Industrial (STAG), Empire State Realty Trust (ESRT), Colony Credit Real Estate (CLNC), Great Portland Estates (GPEAF), Outfront Media (OUT) and Retail Properties of America (RPAI).
Who are Hersha Hospitality Trust's key executives?
Hersha Hospitality Trust's management team includes the folowing people:
- Mr. Hasu P. Shah, Chairman (Age 73)
- Mr. Jay H. Shah, CEO & Trustee (Age 49)
- Mr. Neil H. Shah, Pres & COO (Age 44)
- Mr. Ashish R. Parikh CPA, CFO & Assistant Sec. (Age 48)
- Mr. Michael R. Gillespie, Chief Accounting Officer, Controller & Assistant Sec. (Age 45)
Who are Hersha Hospitality Trust's major shareholders?
Hersha Hospitality Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (3.20%), Bank of Montreal Can (0.74%) and State of Alaska Department of Revenue (0.06%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Hasu P Shah, Jay H Shah, Neil H Shah and Thomas J Hutchison III. View Institutional Ownership Trends for Hersha Hospitality Trust.
Which major investors are buying Hersha Hospitality Trust stock?
HT stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Bank of Montreal Can 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, Jay H Shah 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, Scottrade, Fidelity and Charles Schwab.
What is Hersha Hospitality Trust's stock price today?
One share of HT stock can currently be purchased for approximately $19.54.
How big of a company is Hersha Hospitality Trust?
Hersha Hospitality Trust has a market capitalization of $769.49 million and generates $498.24 million in revenue each year. The real estate investment trust earns $99.86 million in net income (profit) each year or $2.16 on an earnings per share basis. Hersha Hospitality Trust employs 51 workers across the globe.
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.
