NYSE:HTHersha Hospitality Trust Stock Price, Forecast & News

Hersha Hospitality Trust's stock was trading at $7.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, HT stock has decreased by 29.5% and is now trading at $5.09. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Hersha Hospitality Trust.

Hersha Hospitality Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Hersha Hospitality Trust.

Hersha Hospitality Trust (NYSE:HT) posted its earnings results on Wednesday, May, 6th. The real estate investment trust reported ($0.76) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.72. The real estate investment trust earned $90.14 million during the quarter, compared to the consensus estimate of $97.74 million. Hersha Hospitality Trust had a negative net margin of 3.98% and a negative return on equity of 2.31%. View Hersha Hospitality Trust's earnings history.

Hersha Hospitality Trust announced a quarterly dividend on Monday, March 9th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.28 per share on Wednesday, April 15th. This represents a $1.12 annualized dividend and a yield of 22.00%. The ex-dividend date of this dividend is Monday, March 30th. View Hersha Hospitality Trust's dividend history.

7 analysts have issued 1-year price targets for Hersha Hospitality Trust's stock. Their forecasts range from $2.00 to $12.50. On average, they anticipate Hersha Hospitality Trust's stock price to reach $6.57 in the next twelve months. This suggests a possible upside of 29.1% from the stock's current price. View analysts' price targets for Hersha Hospitality Trust.

News coverage about HT stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring 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 closest to five being the most favorable. Hersha Hospitality Trust earned a news impact score of -1.6 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutHersha Hospitality Trust.

Hersha Hospitality Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,470,000 shares, an increase of 7.1% from the April 15th total of 3,240,000 shares. Based on an average daily trading volume, of 977,100 shares, the short-interest ratio is currently 3.6 days. Currently, 10.0% of the shares of the company are sold short. 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), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

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), AbbVie (ABBV), Iron Mountain (IRM), ANNALY CAP MGMT/SH (NLY) and Simon Property Group (SPG).

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

Hersha Hospitality Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.29%), Invesco Ltd. (5.38%), State Street Corp (4.36%), Geode Capital Management LLC (1.73%), Matarin Capital Management LLC (1.37%) and JPMorgan Chase & Co. (1.18%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, David L Desfor, Donald J Landry, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael A Leven, 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 BlackRock Inc., Real Estate Management Services LLC, Bank of New York Mellon Corp, State Street Corp, Legal & General Group Plc, Robeco Institutional Asset Management B.V., Invesco Ltd., and Deutsche Bank AG. View insider buying and selling activity for Hersha Hospitality Trust.

HT stock was acquired by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, 1060 Capital LLC, KBC Group NV, Wells Fargo & Company MN, Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Parametric Portfolio Associates LLC, and Two Sigma Investments LP. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, David L Desfor, Donald J Landry, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael A Leven, Michael R Gillespie, and Neil H Shah. View insider buying and selling activity 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 $5.09.

Hersha Hospitality Trust has a market capitalization of $196.83 million and generates $529.96 million in revenue each year. The real estate investment trust earns $-3,670,000.00 in net income (profit) each year or $1.94 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.

The official website for Hersha Hospitality Trust is 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]