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. Since then, HT shares have decreased by 34.9% and is now trading at $4.70. 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 the Thomson Reuters' consensus estimate of ($0.04) by $0.72. The real estate investment trust earned $90.14 million during the quarter, compared to analyst estimates 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. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.28 per share on Wednesday, April 15th. This represents a $1.12 dividend on an annualized basis and a yield of 23.83%. The ex-dividend date is Monday, March 30th. View Hersha Hospitality Trust's dividend history.

Hersha Hospitality Trust issued an update on its FY 2020 After-Hours earnings guidance on Monday, February, 24th. The company provided earnings per share guidance of 2.02-2.13 for the period.

7 brokers have issued 12-month target prices for Hersha Hospitality Trust's shares. Their forecasts range from $2.00 to $12.50. On average, they expect Hersha Hospitality Trust's share price to reach $6.57 in the next twelve months. This suggests a possible upside of 39.8% from the stock's current price. View analysts' price targets for Hersha Hospitality Trust.

Media coverage about HT stock has been trending somewhat negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news aboutHersha Hospitality Trust.

Hersha Hospitality Trust saw a increase in short interest during 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 days-to-cover ratio is presently 3.6 days. Currently, 10.0% of the shares of the stock are short sold. 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 variety of institutional and retail 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 purchased 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 $4.70.

Hersha Hospitality Trust has a market capitalization of $181.75 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]