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

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

Hersha Hospitality Trust announced a quarterly dividend on Friday, December 13th. Stockholders of record on Friday, January 3rd will be given a dividend of $0.28 per share on Wednesday, January 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 9.52%. The ex-dividend date of this dividend is Thursday, January 2nd. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust (NYSE:HT) released its earnings results on Monday, February, 24th. The real estate investment trust reported ($0.24) EPS for the quarter, missing the consensus estimate of $0.46 by $0.70. The real estate investment trust had revenue of $132.67 million for the quarter, compared to the consensus estimate of $131.79 million. Hersha Hospitality Trust had a negative return on equity of 0.45% and a negative net margin of 0.76%. View Hersha Hospitality Trust's Earnings History.

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Hersha Hospitality Trust.

Hersha Hospitality Trust issued an update on its FY 2020 After-Hours earnings guidance on Monday, February, 24th. The company provided earnings per share guidance of 2.02-2.13 for the period.

6 brokers have issued 12 month target prices for Hersha Hospitality Trust's stock. Their forecasts range from $12.50 to $18.00. On average, they expect Hersha Hospitality Trust's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hersha Hospitality Trust.

News headlines about HT stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. 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 news impact score of -3.5 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Hersha Hospitality Trust.

Hersha Hospitality Trust saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 3,180,000 shares, a drop of 5.4% from the January 30th total of 3,360,000 shares. Based on an average trading volume of 443,500 shares, the days-to-cover ratio is presently 7.2 days. Currently, 9.1% of the company's shares are short sold. View Hersha Hospitality Trust's Current Options Chain.

Some companies that are related to Hersha Hospitality Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), EPR Properties (EPR), Healthcare Realty Trust (HR) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hersha Hospitality Trust investors own include New Residential Investment (NRZ), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Ventas (VTR), Medical Properties Trust (MPW), AGNC Investment (AGNC), ARBOR RLTY TR I/SH (ABR), Tanger Factory Outlet Centers (SKT) and ANNALY CAP MGMT/SH (NLY).

Hersha Hospitality Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.83%), Dalton Greiner Hartman Maher & Co. (3.52%), LSV Asset Management (2.75%), Prudential Financial Inc. (2.30%), Charles Schwab Investment Management Inc. (1.97%) and Bank of New York Mellon Corp (1.67%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Donald J Landry, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael R Gillespie, 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 Jennison Associates LLC, State Street Corp, Real Estate Management Services LLC, Bank of America Corp DE, Dalton Greiner Hartman Maher & Co., Citigroup Inc., Stifel Financial Corp and Foundry Partners LLC. View Insider Buying and Selling for Hersha Hospitality Trust.

HT stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Bank of New York Mellon Corp, Great West Life Assurance Co. Can, Orinda Asset Management LLC, Aigen Investment Management LP, Goldman Sachs Group Inc. and LSV Asset Management. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Donald J Landry, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael R Gillespie 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, Robinhood, Fidelity and Charles Schwab.

One share of HT stock can currently be purchased for approximately $11.77.

Hersha Hospitality Trust has a market capitalization of $546.01 million and generates $529.96 million in revenue each year. The real estate investment trust earns $9.99 million in net income (profit) each year or $1.94 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.View Additional Information About Hersha Hospitality Trust.

The official website for Hersha Hospitality Trust is http://www.hersha.com/.

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]