NYSE:HT - Hersha Hospitality Trust Stock Price, News, & Analysis

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$18.50 -0.14 (-0.75 %)
(As of 02/20/2019 03:58 AM ET)
Previous Close$18.64
Today's Range$18.43 - $18.66
52-Week Range$16.50 - $24.16
Volume224,874 shs
Average Volume464,413 shs
Market Capitalization$729.34 million
P/E Ratio8.56
Dividend Yield6.11%
Beta1.43
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 7,730 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.”

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP42782510
Phone717-236-4400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$498.24 million
Cash Flow$4.5906 per share
Book Value$21.34 per share

Profitability

Net Income$99.86 million

Miscellaneous

Employees51
Market Cap$729.34 million
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 declared a quarterly dividend on Friday, December 14th. Investors of record on Saturday, January 5th will be paid a dividend of $0.28 per share on Tuesday, January 15th. This represents a $1.12 annualized dividend and a yield of 6.05%. The ex-dividend date of this dividend is Thursday, January 3rd. View Hersha Hospitality Trust's Dividend History.

How will Hersha Hospitality Trust's stock buyback program work?

Hersha Hospitality Trust announced that its board has initiated a stock repurchase program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board of directors believes its shares are undervalued.

How were Hersha Hospitality Trust's earnings last quarter?

Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings data on Tuesday, October, 23rd. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by $0.03. The real estate investment trust had revenue of $127.88 million for the quarter, compared to analyst estimates of $134.82 million. View Hersha Hospitality Trust's Earnings History.

When is Hersha Hospitality Trust's next earnings date?

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Hersha Hospitality Trust.

What price target have analysts set for HT?

10 equities research analysts have issued 1 year price objectives for Hersha Hospitality Trust's shares. Their forecasts range from $16.75 to $24.00. On average, they anticipate Hersha Hospitality Trust's share price to reach $20.4688 in the next year. This suggests a possible upside of 10.6% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.

What is the consensus analysts' recommendation for Hersha Hospitality Trust?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings 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?

News stories about HT stock have been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hersha Hospitality Trust earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.

Who are some of Hersha Hospitality Trust's key competitors?

Who are Hersha Hospitality Trust's key executives?

Hersha Hospitality Trust's management team includes the folowing people:
  • Mr. Hasu P. Shah, 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, 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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (17.10%), Jennison Associates LLC (8.62%), Dalton Greiner Hartman Maher & Co. (3.90%), LSV Asset Management (2.74%), Intrinsic Edge Capital Management LLC (2.09%) and Northern Trust Corp (2.08%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie, Neil H Shah and Thomas J Hutchison III. View Institutional Ownership Trends for Hersha Hospitality Trust.

Which institutional investors are selling Hersha Hospitality Trust stock?

HT stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, Martingale Asset Management L P, Bank of New York Mellon Corp, Amundi Pioneer Asset Management Inc., Real Estate Management Services LLC, Jennison Associates LLC, Dimensional Fund Advisors LP and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Hersha Hospitality Trust.

Which institutional investors are buying Hersha Hospitality Trust stock?

HT stock was bought by a variety of institutional investors in the last quarter, including Intrinsic Edge Capital Management LLC, 1060 Capital LLC, BlackRock Inc., Dalton Greiner Hartman Maher & Co., SG Capital Management LLC, LSV Asset Management, Millennium Management LLC and Canada Pension Plan Investment Board. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, Jay H Shah, 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, 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 $18.50.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $729.34 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?

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

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)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  250 (Vote Outperform)
Underperform Votes:  396 (Vote Underperform)
Total Votes:  646
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.
This page was last updated on 2/20/2019 by MarketBeat.com Staff

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