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 announced a quarterly dividend on Monday, June 4th. Stockholders of record on Friday, June 29th will be paid a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 annualized dividend and a dividend yield of 5.29%. The ex-dividend date of this dividend is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its Board of Directors has authorized a stock buyback plan on Thursday, January 4th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

Hersha Hospitality Trust (NYSE:HT) announced its quarterly earnings data on Tuesday, April, 24th. The real estate investment trust reported ($0.36) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.48 by $0.84. The real estate investment trust earned $99.64 million during the quarter, compared to analysts' expectations 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 brokers have issued twelve-month target prices for Hersha Hospitality Trust's stock. Their forecasts range from $17.00 to $22.00. On average, they anticipate Hersha Hospitality Trust's share price to reach $19.4375 in the next twelve months. View Analyst Ratings for Hersha Hospitality Trust.

Some companies that are related to Hersha Hospitality Trust include DDR (DDR), Potlatchdeltic (PCH), MFA Finl Inc/SH (MFA), AmeriCold Realty Trust (COLD), Colony NorthStar (CLNS), The GEO Group (GEO), National Health Investors (NHI), Education Realty Trust (EDR), Brandywine Realty Trust (BDN), Keppel REIT (KREVF), Physicians Realty Trust (DOC), Two Harbors Investment (TWO), Corporate Office Properties Trust (OFC), Empire State Realty Trust (ESRT) and Retail Properties of America (RPAI).

Press coverage about HT stock has been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a coverage optimism score of 0.22 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 46.23 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Hersha Hospitality Trust's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FOSUN INTERNATIONAL LTD (5.11%), FOSUN INTERNATIONAL LTD (5.11%), BlackRock Inc. (16.98%), Dalton Greiner Hartman Maher & Co. (2.96%), Northern Trust Corp (2.22%) and LSV Asset Management (2.15%). 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 JPMorgan Chase & Co., Citadel Advisors LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Loomis Sayles & Co. L P, Schroder Investment Management Group, Royal Bank of Canada and Guggenheim Capital LLC. View Insider Buying and Selling for Hersha Hospitality Trust.

HT stock was bought by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, WINTON GROUP Ltd, LSV Asset Management, Dalton Greiner Hartman Maher & Co., Robeco Institutional Asset Management B.V., Amundi Pioneer Asset Management Inc., Susquehanna Fundamental Investments LLC and Northern Trust Corp. 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 $21.16.

Hersha Hospitality Trust has a market capitalization of $820.04 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]