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

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

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 5.02%. The ex-dividend date is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its Board of Directors has approved a stock 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) released its earnings results on Tuesday, April, 24th. The real estate investment trust reported ($0.36) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.48 by $0.84. The real estate investment trust had revenue of $99.64 million for 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.

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Hersha Hospitality Trust.

9 equities research analysts have issued 12 month price targets for Hersha Hospitality Trust's shares. Their predictions range from $17.00 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $20.1250 in the next twelve months. This suggests that the stock has a possible downside of 9.9%. View Analyst Ratings 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."

Some companies that are related to Hersha Hospitality Trust include PS Business Parks (PSB), Education Realty Trust (EDR), Eastgroup Properties (EGP), The GEO Group (GEO), Colony NorthStar (CLNS), National Health Investors (NHI), MFA Finl Inc/SH (MFA), Uniti Group (UNIT), Potlatchdeltic (PCH), AmeriCold Realty Trust (COLD), Corporate Office Properties Trust (OFC), Outfront Media (OUT), Colony Capital (CLNY), Corecivic (CXW) and Brandywine Realty Trust (BDN).

News articles about HT stock have trended somewhat positive recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a daily sentiment score of 0.24 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 46.34 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Hersha Hospitality Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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.

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.

HT stock was bought 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.

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 $22.33.

Hersha Hospitality Trust has a market capitalization of $878.26 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.

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]