NYSE:HT - Hersha Hospitality Trust Stock Price, Price Target & More

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$22.27 +0.30 (+1.37 %)
(As of 07/20/2018 06:34 AM ET)
Previous Close$21.97
Today's Range$21.92 - $22.34
52-Week Range$16.60 - $22.57
Volume249,400 shs
Average Volume317,785 shs
Market Capitalization$864.09 million
P/E Ratio10.31
Dividend Yield5.10%
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 Ratio1.05
Current Ratio0.43
Quick Ratio0.43

Price-To-Earnings

Trailing P/E Ratio10.31
Forward P/E Ratio12.04
P/E Growth2.4

Sales & Book Value

Annual Sales$498.24 million
Price / Sales1.76
Cash Flow$4.6396 per share
Price / Cash4.80
Book Value$21.34 per share
Price / Book1.04

Profitability

EPS (Most Recent Fiscal Year)$2.16
Net Income$99.86 million
Net Margins11.06%
Return on Equity5.74%
Return on Assets2.50%

Miscellaneous

Employees51
Outstanding Shares39,330,000
Market Cap$864.09

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. Shareholders 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 yield of 5.03%. The ex-dividend date of this dividend is Thursday, June 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 has authorized a share repurchase program on Thursday, January 4th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign 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) announced its earnings results on Tuesday, April, 24th. The real estate investment trust reported ($0.36) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.48 by $0.84. The real estate investment trust earned $99.64 million during the quarter, compared to analyst estimates of $102.92 million. Hersha Hospitality Trust had a net margin of 11.06% and a return on equity of 5.74%. 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, July, 24th 2018. View Earnings Estimates for Hersha Hospitality Trust.

What price target have analysts set for HT?

9 Wall Street analysts have issued twelve-month target prices for Hersha Hospitality Trust's shares. Their predictions range from $17.00 to $24.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $20.1250 in the next year. This suggests that the stock has a possible downside of 9.6%. View Analyst Ratings 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."

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?

News articles about HT stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a media sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the real estate investment trust an impact score of 47.05 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Hersha Hospitality Trust's major shareholders?

Hersha Hospitality Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (3.03%), Real Estate Management Services LLC (2.71%), Bank of Montreal Can (0.58%), Columbia Partners L L C Investment Management (0.39%), Spirit of America Management Corp NY (0.16%) and Fisher Asset Management LLC (0.09%). 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 institutional investors are selling Hersha Hospitality Trust stock?

HT stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY, Fisher Asset Management LLC, Columbia Partners L L C Investment Management and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Hersha Hospitality Trust.

Which institutional investors are buying Hersha Hospitality Trust stock?

HT stock was purchased by a variety of institutional investors in the last quarter, including Real Estate Management Services LLC, Bank of Montreal Can, Dalton Greiner Hartman Maher & Co., Pensionfund DSM Netherlands, Fox Run Management L.L.C. and Pensionfund Sabic. 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 $22.27.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $868.03 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:  209 (Vote Outperform)
Underperform Votes:  350 (Vote Underperform)
Total Votes:  559
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 7/20/2018 by MarketBeat.com Staff

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