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

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

Hersha Hospitality Trust declared a quarterly dividend on Friday, December 14th. Stockholders 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 dividend yield of 6.49%. The ex-dividend date of this dividend is Thursday, January 3rd. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust declared that its board has authorized a stock buyback plan on Thursday, January 4th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) announced 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 analysts' expectations of $134.82 million. View Hersha Hospitality Trust's Earnings History.

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

Hersha Hospitality Trust issued an update on its FY 2018 earnings guidance on Tuesday, October, 23rd. The company provided EPS guidance of $2.15-2.20 for the period. Hersha Hospitality Trust also updated its Q4 2018 guidance to $0.53-0.58 EPS.

10 analysts have issued twelve-month target prices for Hersha Hospitality Trust's stock. Their forecasts range from $16.75 to $24.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $20.4688 in the next twelve months. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets 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.

Media coverage about HT stock has been trending somewhat negative on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.

Some companies that are related to Hersha Hospitality Trust include The GEO Group (GEO), Empire State Realty Trust (ESRT), Corporate Office Properties Trust (OFC), Retail Properties of America (RPAI), Brandywine Realty Trust (BDN), Columbia Property Trust (CXP), Apollo Commercial Real Est. Finance (ARI), Great Portland Estates (GPEAF), Brookfield Property Reit (BPR), Corecivic (CXW), Pebblebrook Hotel Trust (PEB), Potlatchdeltic (PCH), Acadia Realty Trust (AKR), Colony Credit Real Estate (CLNC) and Agree Realty (ADC).

Hersha Hospitality Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include SG Capital Management LLC (0.69%), Spirit of America Management Corp NY (0.12%) and Louisiana State Employees Retirement System (0.03%). 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.

HT stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY and Louisiana State Employees Retirement System. View Insider Buying and Selling for Hersha Hospitality Trust.

HT stock was bought by a variety of institutional investors in the last quarter, including SG Capital Management LLC. 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.

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.

One share of HT stock can currently be purchased for approximately $17.26.

Hersha Hospitality Trust has a market capitalization of $675.72 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.

The official website for Hersha Hospitality Trust is http://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 inves[email protected]