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

$15.08
+0.09 (+0.60 %)
(As of 09/22/2019 06:44 AM ET)
Today's Range
$14.98
Now: $15.08
$15.30
50-Day Range
$13.43
MA: $14.53
$15.25
52-Week Range
$13.38
Now: $15.08
$23.29
Volume315,909 shs
Average Volume386,482 shs
Market Capitalization$592.19 million
P/E Ratio7.24
Dividend Yield7.47%
Beta1.33
Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale, luxury and lifestyle hotels in urban gateway markets and coastal destinations. The Company's 48 hotels totaling 7,644 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. Read More…

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP42782510
Phone717-236-4400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$495.06 million
Cash Flow$2.5516 per share
Book Value$24.22 per share

Profitability

Net Income$9.99 million

Miscellaneous

Employees54
Market Cap$592.19 million
Next Earnings Date10/22/2019 (Estimated)
OptionableOptionable

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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 dividend on Thursday, September 19th. Investors of record on Monday, September 30th will be given a dividend of $0.28 per share on Tuesday, October 15th. The ex-dividend date of this dividend is Friday, September 27th. 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 approved a stock 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 reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

How were Hersha Hospitality Trust's earnings last quarter?

Hersha Hospitality Trust (NYSE:HT) posted its quarterly earnings results on Tuesday, July, 30th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.73 by $0.75. The real estate investment trust had revenue of $147.50 million for the quarter, compared to analysts' expectations of $146.81 million. Hersha Hospitality Trust had a net margin of 0.78% and a return on equity of 0.44%. 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, October 22nd 2019. View Earnings Estimates for Hersha Hospitality Trust.

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

Hersha Hospitality Trust updated its third quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $0.56-0.61 for the period.

What price target have analysts set for HT?

8 brokerages have issued 1-year price targets for Hersha Hospitality Trust's stock. Their predictions range from $16.00 to $20.00. On average, they expect Hersha Hospitality Trust's share price to reach $17.95 in the next year. This suggests a possible upside of 19.0% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.

What is the consensus analysts' recommendation for Hersha Hospitality Trust?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 2 sell ratings, 5 hold ratings and 1 buy rating 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 articles about HT stock have trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hersha Hospitality Trust earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Hersha Hospitality Trust.

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

What other stocks do shareholders of Hersha Hospitality Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hersha Hospitality Trust investors own include New Residential Investment (NRZ), Omega Healthcare Investors (OHI), Ventas (VTR), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Ladder Capital (LADR), AT&T (T), Cisco Systems (CSCO), Blackstone Group (BX) and Chatham Lodging Trust (CLDT).

Who are Hersha Hospitality Trust's key executives?

Hersha Hospitality Trust's management team includes the folowing people:
  • Mr. Hasu P. Shah, Exec. 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 CPA, Chief Accounting Officer, Controller & Assistant Sec. (Age 46)

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 BlackRock Inc. (18.83%), Vanguard Group Inc. (15.19%), Jennison Associates LLC (6.33%), Jennison Associates LLC (6.33%), Invesco Ltd. (4.00%) and Dalton Greiner Hartman Maher & Co. (3.08%). 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 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, Jennison Associates LLC, Dalton Greiner Hartman Maher & Co., Grantham Mayo Van Otterloo & Co. LLC, Robeco Institutional Asset Management B.V., Balyasny Asset Management LLC, Vanguard Group Inc. and Russell Investments Group Ltd.. View Insider Buying and Selling for Hersha Hospitality Trust.

Which major investors are buying Hersha Hospitality Trust stock?

HT stock was purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Nuveen Asset Management LLC, Invesco Ltd., Morgan Stanley, Charles Schwab Investment Management Inc., Systematic Financial Management LP, Schroder Investment Management Group and Schroder Investment Management Group. 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, Robinhood, Fidelity and Charles Schwab.

What is Hersha Hospitality Trust's stock price today?

One share of HT stock can currently be purchased for approximately $15.08.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $592.19 million and generates $495.06 million in revenue each year. The real estate investment trust earns $9.99 million in net income (profit) each year or $2.20 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.View Additional Information About Hersha Hospitality Trust.

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:  287 (Vote Outperform)
Underperform Votes:  438 (Vote Underperform)
Total Votes:  725
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 9/22/2019 by MarketBeat.com Staff

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