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

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$22.87 +0.02 (+0.09 %)
(As of 09/23/2018 04:32 AM ET)
Previous Close$22.87
Today's Range$22.78 - $23.05
52-Week Range$16.60 - $24.16
Volume663,102 shs
Average Volume302,558 shs
Market Capitalization$899.84 million
P/E Ratio10.59
Dividend Yield4.90%
Beta1.3
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 Ratio10.59
Forward P/E Ratio11.55
P/E Growth2.1

Sales & Book Value

Annual Sales$498.24 million
Price / Sales1.81
Cash Flow$4.5832 per share
Price / Cash4.99
Book Value$21.34 per share
Price / Book1.07

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$899.84 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 announced a quarterly dividend on Tuesday, September 18th. Stockholders of record on Monday, October 1st will be paid a dividend of $0.28 per share on Monday, October 15th. This represents a $1.12 annualized dividend and a dividend yield of 4.90%. The ex-dividend date of this dividend is Friday, September 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 has approved a stock buyback program on Thursday, January 4th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy 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.

How were Hersha Hospitality Trust's earnings last quarter?

Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.12. The real estate investment trust had revenue of $133.84 million for the quarter, compared to the consensus estimate of $135.57 million. Hersha Hospitality Trust had a negative return on equity of 0.58% and a negative net margin of 2.74%. 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 Wednesday, October, 24th 2018. View Earnings Estimates for Hersha Hospitality Trust.

What price target have analysts set for HT?

9 Wall Street analysts have issued 12 month price objectives 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 $20.50 in the next year. This suggests that the stock has a possible downside of 10.4%. 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, 6 hold ratings and 2 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)

Who are Hersha Hospitality Trust's major shareholders?

Hersha Hospitality Trust's stock is owned by many different 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 Northern Trust Corp (2.09%). 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 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, Northern Trust Corp, Putnam Investments LLC, State Board of Administration of Florida Retirement System, Spirit of America Management Corp NY, Pinebridge Investments L.P. and Laurion Capital Management LP. Company insiders that have sold Hersha Hospitality Trust company stock in the last year include Hasu P Shah and Thomas J Hutchison III. 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, 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 $22.87.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $899.84 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.

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:  1.9 out of 5 (star)
Outperform Votes:  225 (Vote Outperform)
Underperform Votes:  369 (Vote Underperform)
Total Votes:  594
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 9/23/2018 by MarketBeat.com Staff

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