Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale, luxury and lifestyle hotels in urban gateway markets and coastal destinations. The Company's 48 hotels totaling 7,644 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker HT.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone717-236-4400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$495.06 million
Profitability
Miscellaneous
Employees54
Next Earnings Date4/29/2019 (Confirmed)
OptionableOptionable
Hersha Hospitality Trust (NYSE:HT) Frequently Asked Questions
What is Hersha Hospitality Trust's stock symbol?
Hersha Hospitality Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "HT."
How often does Hersha Hospitality Trust pay dividends? What is the dividend yield for Hersha Hospitality Trust?
Hersha Hospitality Trust announced a quarterly dividend on Friday, March 8th. Stockholders of record on Friday, March 29th will be paid a dividend of $0.28 per share on Monday, April 15th. This represents a $1.12 annualized dividend and a dividend yield of 6.26%. The ex-dividend date is Thursday, March 28th. View Hersha Hospitality Trust's Dividend History.
How will Hersha Hospitality Trust's stock buyback program work?
Hersha Hospitality Trust declared that its Board of Directors has approved a stock buyback program on Thursday, January 4th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.
How were Hersha Hospitality Trust's earnings last quarter?
Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings data on Tuesday, October, 23rd. The real estate investment trust reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by $0.03. The real estate investment trust earned $127.88 million during the quarter, compared to analyst estimates of $134.82 million. Hersha Hospitality Trust had a return on equity of 1.20% and a net margin of 0.80%. View Hersha Hospitality Trust's Earnings History.
When is Hersha Hospitality Trust's next earnings date?
What guidance has Hersha Hospitality Trust issued on next quarter's earnings?
Hersha Hospitality Trust updated its FY 2019 earnings guidance on Monday, February, 25th. The company provided earnings per share guidance of $2.23-2.37 for the period. Hersha Hospitality Trust also updated its Q1 2019 guidance to $0.11-0.14 EPS.
What price target have analysts set for HT?
10 brokers have issued 12-month price objectives for Hersha Hospitality Trust's shares. Their forecasts range from $16.75 to $24.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $20.3438 in the next year. This suggests a possible upside of 13.7% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.
What is the consensus analysts' recommendation for Hersha Hospitality Trust?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hersha Hospitality Trust.
Has Hersha Hospitality Trust been receiving favorable news coverage?
News coverage about HT stock has trended positive recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a daily sentiment score of 2.7 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.
Who are some of Hersha Hospitality Trust's key competitors?
Some companies that are related to Hersha Hospitality Trust include Brandywine Realty Trust (BDN), Empire State Realty Trust (ESRT), Columbia Property Trust (CXP), Retail Properties of America (RPAI), Potlatchdeltic (PCH), Colony Capital (CLNY), QTS Realty Trust (QTS), Apollo Commercial Real Est. Finance (ARI), Corecivic (CXW), Agree Realty (ADC), The GEO Group (GEO), Acadia Realty Trust (AKR), Great Portland Estates (GPEAF), Washington Real Estate Investment Trust (WRE) and DiamondRock Hospitality (DRH).
What other stocks do shareholders of Hersha Hospitality Trust own?
Who are Hersha Hospitality Trust's key executives?
Hersha Hospitality Trust's management team includes the folowing people:
- Mr. Jay H. Shah, CEO & Trustee (Age 50)
- Mr. Neil H. Shah, Pres & COO (Age 45)
- Mr. Ashish R. Parikh CPA, CFO & Assistant Sec. (Age 49)
- Mr. Michael R. Gillespie, Chief Accounting Officer, Controller & Assistant Sec. (Age 46)
- Mr. Greg Costa, Mang., Investor Relations & Fin.
Who are Hersha Hospitality Trust's major shareholders?
Hersha Hospitality Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (3.11%), RMR Advisors LLC (0.34%), Strs Ohio (0.14%), Spirit of America Management Corp NY (0.06%), Nisa Investment Advisors LLC (0.05%) and Meeder Asset Management Inc. (0.00%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie, Neil H Shah and Thomas J Hutchison III. View Institutional Ownership Trends for Hersha Hospitality Trust.
Which institutional investors are selling Hersha Hospitality Trust stock?
Which institutional investors are buying Hersha Hospitality Trust stock?
HT stock was bought by a variety of institutional investors in the last quarter, including RMR Advisors LLC, Nisa Investment Advisors LLC and Meeder Asset Management Inc.. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie and Neil H Shah. View Insider Buying and Selling for Hersha Hospitality Trust.
How do I buy shares of 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.
What is Hersha Hospitality Trust's stock price today?
One share of HT stock can currently be purchased for approximately $17.89.
How big of a company is Hersha Hospitality Trust?
Hersha Hospitality Trust has a market capitalization of $701.02 million and generates $495.06 million in revenue each year. The real estate investment trust earns $9.99 million in net income (profit) each year or $2.20 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.
What is Hersha Hospitality Trust's official website?
How can I contact Hersha Hospitality Trust?
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]
MarketBeat Community Rating for Hersha Hospitality Trust (NYSE HT)
MarketBeat's community ratings are surveys of what our community members think about Hersha Hospitality Trust and other stocks. Vote "Outperform" if you believe HT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HT will underperform the S&P 500 over the long term. You may vote once every thirty days.
