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 Monday, June 4th. Shareholders of record on Friday, June 29th will be given a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 annualized dividend and a dividend yield of 5.05%. The ex-dividend date is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its board has approved a stock repurchase plan 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 plans are generally an indication that the company's board of directors believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings data on Tuesday, July, 24th. The real estate investment trust reported $0.16 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.12. The real estate investment trust earned $133.84 million during the quarter, compared to analyst estimates 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.

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 analysts have issued twelve-month target prices for Hersha Hospitality Trust's stock. Their forecasts range from $17.00 to $24.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $20.3750 in the next year. This suggests that the stock has a possible downside of 8.1%. 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, 5 hold ratings and 3 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 Education Realty Trust (EDR), Uniti Group (UNIT), AmeriCold Realty Trust (COLD), National Health Investors (NHI), Colony NorthStar (CLNS), Corporate Office Properties Trust (OFC), The GEO Group (GEO), MFA Finl Inc/SH (MFA), Colony Capital (CLNY), Corecivic (CXW), Physicians Realty Trust (DOC), Brandywine Realty Trust (BDN), Stag Industrial (STAG), Potlatchdeltic (PCH) and Empire State Realty Trust (ESRT).

News articles about HT stock have trended somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than twenty 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 media and rumor sentiment score of 0.19 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 46.94 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. 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 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 Bank of New York Mellon Corp (1.76%). 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, Putnam Investments LLC, State Board of Administration of Florida Retirement System, Spirit of America Management Corp NY, Pinebridge Investments L.P., Laurion Capital Management LP and Bank of New York Mellon Corp. View Insider Buying and Selling for Hersha Hospitality Trust.

HT stock was purchased 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 $22.16.

Hersha Hospitality Trust has a market capitalization of $847.07 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]