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

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

Hersha Hospitality Trust declared a quarterly dividend on Tuesday, September 18th. Shareholders of record on Monday, October 1st will be given a dividend of $0.28 per share on Monday, October 15th. This represents a $1.12 annualized dividend and a yield of 4.87%. The ex-dividend date of this dividend is Friday, September 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its Board of Directors has authorized a share buyback program on Thursday, January 4th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) posted its quarterly earnings results on Tuesday, July, 24th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate 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 net margin of 2.74% and a negative return on equity of 0.58%. View Hersha Hospitality Trust's Earnings History.

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

9 brokers have issued 12-month price targets for Hersha Hospitality Trust's stock. Their forecasts range from $17.00 to $24.00. On average, they expect Hersha Hospitality Trust's stock price to reach $20.50 in the next year. This suggests that the stock has a possible downside of 10.8%. View Analyst Price Targets 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.

Some companies that are related to Hersha Hospitality Trust include PS Business Parks (PSB), CHIMERA Invt Co/SH NEW (CIM), Eastgroup Properties (EGP), Education Realty Trust (EDR), Colony NorthStar (CLNS), National Health Investors (NHI), Corporate Office Properties Trust (OFC), The GEO Group (GEO), Physicians Realty Trust (DOC), MFA Finl Inc/SH (MFA), Colony Capital (CLNY), Corecivic (CXW), Colony Credit Real Estate (CLNC), Stag Industrial (STAG) and Potlatchdeltic (PCH).

Media stories about HT stock have trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hersha Hospitality Trust earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 46.57 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Hersha Hospitality Trust.

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

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.

HT stock was acquired 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.

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 $22.99.

Hersha Hospitality Trust has a market capitalization of $893.54 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]