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

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$17.88 +0.03 (+0.17 %)
(As of 03/19/2019 02:05 AM ET)
Previous Close$17.85
Today's Range$17.80 - $18.06
52-Week Range$16.50 - $24.16
Volume199,098 shs
Average Volume468,001 shs
Market Capitalization$700.63 million
P/E Ratio8.65
Dividend Yield6.27%
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 N/A
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP42782510
Phone717-236-4400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$495.06 million
Cash Flow$2.5112 per share
Book Value$24.22 per share

Profitability

Net Income$8.36 million

Miscellaneous

EmployeesN/A
Market Cap$700.63 million
Next Earnings Date4/23/2019 (Estimated)
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 announced a quarterly dividend on Friday, March 8th. Shareholders of record on Friday, March 29th will be paid a dividend of $0.28 per share on Monday, April 15th. This represents a $1.12 annualized dividend and a yield of 6.26%. The ex-dividend date is Thursday, March 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 initiated a share buyback program on Thursday, January 4th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically 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) announced its quarterly earnings data on Tuesday, October, 23rd. The real estate investment trust reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by $0.03. The real estate investment trust earned $127.88 million during the quarter, compared to the consensus estimate of $134.82 million. Hersha Hospitality Trust had a return on equity of 1.20% and a net margin of 0.80%. 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 Tuesday, April 23rd 2019. View Earnings Estimates for Hersha Hospitality Trust.

What guidance has Hersha Hospitality Trust issued on next quarter's earnings?

Hersha Hospitality Trust issued an update on its FY 2019 earnings guidance on Monday, February, 25th. The company provided earnings per share (EPS) guidance of $2.23-2.37 for the period. Hersha Hospitality Trust also updated its Q1 2019 guidance to $0.11-0.14 EPS.

What price target have analysts set for HT?

10 Wall Street analysts have issued 1 year target prices for Hersha Hospitality Trust's shares. Their forecasts range from $16.75 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $20.3438 in the next year. This suggests a possible upside of 13.8% 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 trended somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by reviewing 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 nearest to five being the most favorable. Hersha Hospitality Trust earned a coverage optimism score of 1.4 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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

What other stocks do shareholders of Hersha Hospitality Trust own?

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 number of of retail and institutional 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 Dimensional Fund Advisors LP. 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, Norges Bank, BlackRock Inc., Dalton Greiner Hartman Maher & Co., SG Capital Management LLC, LSV Asset Management and Millennium 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.

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 $17.88.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $700.63 million and generates $495.06 million in revenue each year.

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:  2.0 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  404 (Vote Underperform)
Total Votes:  663
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 3/19/2019 by MarketBeat.com Staff

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