Hersha Hospitality Trust - HT Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities 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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7 Wall Street analysts have issued 1-year price objectives for Hersha Hospitality Trust's stock. Their HT share price forecasts range from $7.00 to $14.50. On average, they expect the company's share price to reach $11.21 in the next twelve months. This suggests a possible upside of 66.9% from the stock's current price.
View analysts price targets for HT or view top-rated stocks among Wall Street analysts.

Hersha Hospitality Trust's stock was trading at $8.52 at the beginning of the year. Since then, HT shares have decreased by 21.1% and is now trading at $6.72.
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Hersha Hospitality Trust saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,090,000 shares, an increase of 57.1% from the February 28th total of 693,900 shares. Based on an average trading volume of 640,800 shares, the days-to-cover ratio is presently 1.7 days. Approximately 3.3% of the shares of the company are sold short.
View Hersha Hospitality Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our HT earnings forecast.

Hersha Hospitality Trust will be holding an earnings conference call on Thursday, April 27th 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 "731361".

Hersha Hospitality Trust (NYSE:HT) released its quarterly earnings data on Wednesday, April, 27th. The real estate investment trust reported ($0.58) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.53. Hersha Hospitality Trust had a trailing twelve-month return on equity of 20.76% and a net margin of 34.76%. During the same quarter in the previous year, the firm posted ($0.36) EPS.

Hersha Hospitality Trust announced a quarterly dividend on Friday, March 10th. Stockholders of record on Friday, March 31st will be paid a dividend of $0.05 per share on Monday, April 17th. This represents a $0.20 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Thursday, March 30th.
Read our dividend analysis for HT.

ETFs with the largest weight of Hersha Hospitality Trust (NYSE:HT) stock in their portfolio include Cambria Global Real Estate ETF (BLDG), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Nuveen Short-Term REIT ETF (NURE), Invesco S&P SmallCap Financials ETF (PSCF), First Trust S&P REIT Index Fund (FRI), iShares Core U.S. REIT ETF (USRT) and SPDR Dow Jones REIT ETF (RWR).Dimensional US Real Estate ETF (DFAR).

Hersha Hospitality Trust (NYSE:HT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.13%. The dividend payout ratio is 6.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HT will have a dividend payout ratio of 19.05% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HT.

Hersha Hospitality Trust updated its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided EPS guidance of $0.04-$0.08 for the period, compared to the consensus earnings per share estimate of $0.10. The company issued revenue guidance of -.

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."

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 $6.72.

Hersha Hospitality Trust (NYSE:HT) has a market capitalization of $267.05 million and generates $405.87 million in revenue each year. The real estate investment trust earns $146.72 million in net income (profit) each year or $2.91 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.