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

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$22.16 +0.25 (+1.14 %)
(As of 08/17/2018 03:49 PM ET)
Previous Close$21.91
Today's Range$21.79 - $22.16
52-Week Range$16.60 - $22.57
Volume7,043 shs
Average Volume451,061 shs
Market Capitalization$847.07 million
P/E Ratio10.14
Dividend Yield5.19%
Beta1.33
Hersha Hospitality Trust logoHersha 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 7,653 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

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 Ratio10.14
Forward P/E Ratio11.19
P/E Growth2.19

Sales & Book Value

Annual Sales$498.24 million
Price / Sales1.75
Cash Flow$4.7149 per share
Price / Cash4.70
Book Value$21.34 per share
Price / Book1.04

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$847.07 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 Monday, June 4th. Stockholders of record on Friday, June 29th will be given a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 annualized dividend and a dividend yield of 5.08%. The ex-dividend date is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

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

Hersha Hospitality Trust declared that its Board of Directors has initiated a stock buyback program on Thursday, January 4th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs 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) released its quarterly earnings data on Tuesday, July, 24th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 net margin of 2.74% and a negative return on equity of 0.58%. 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 Wednesday, October, 24th 2018. View Earnings Estimates for Hersha Hospitality Trust.

What price target have analysts set for HT?

9 analysts have issued twelve-month price targets for Hersha Hospitality Trust's stock. Their forecasts range from $17.00 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $20.3750 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. 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, 5 hold ratings and 3 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?

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)

Has Hersha Hospitality Trust been receiving favorable news coverage?

Press coverage about HT stock has been trending somewhat positive on Friday, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a coverage optimism score of 0.13 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 50.17 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View Recent Headlines for Hersha Hospitality Trust.

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 shareholders include BlackRock Inc. (16.93%), Jennison Associates LLC (8.55%), Dalton Greiner Hartman Maher & Co. (3.03%), Real Estate Management Services LLC (2.71%), LSV Asset Management (2.13%) and Bank of New York Mellon Corp (1.76%). 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 selling Hersha Hospitality Trust stock?

HT stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Citadel Advisors LLC, Putnam Investments LLC, State Board of Administration of Florida Retirement System, Spirit of America Management Corp NY, Pinebridge Investments L.P., Laurion Capital Management LP and Bank of New York Mellon Corp. View Insider Buying and Selling for Hersha Hospitality Trust.

Which major investors are buying Hersha Hospitality Trust stock?

HT stock was bought by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Millennium Management LLC, Bank of Montreal Can, Renaissance Technologies LLC, Martingale Asset Management L P, Virginia Retirement Systems ET AL, GSA Capital Partners LLP and Russell Investments Group Ltd.. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, 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 $22.06.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $847.07 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.

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:  216 (Vote Outperform)
Underperform Votes:  359 (Vote Underperform)
Total Votes:  575
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 8/17/2018 by MarketBeat.com Staff

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