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 announced a quarterly dividend on Tuesday, September 18th. Investors of record on Monday, October 1st will be given a dividend of $0.28 per share on Monday, October 15th. This represents a $1.12 dividend on an annualized basis and a yield of 4.90%. The ex-dividend date is Friday, September 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust announced that its board has authorized a share repurchase 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 reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership 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 analysts' expectations of $135.57 million. Hersha Hospitality Trust had a negative net margin of 2.74% and a negative return on equity of 0.58%. 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 Wall Street analysts have issued 12-month price targets for Hersha Hospitality Trust's shares. Their forecasts range from $17.00 to $24.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $20.50 in the next twelve months. This suggests that the stock has a possible downside of 10.4%. 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, 6 hold ratings and 2 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 PS Business Parks (PSB), CHIMERA Invt Co/SH NEW (CIM), Eastgroup Properties (EGP), Education Realty Trust (EDR), Colony NorthStar (CLNS), National Health Investors (NHI), Corporate Office Properties Trust (OFC), Physicians Realty Trust (DOC), The GEO Group (GEO), Colony Capital (CLNY), MFA Finl Inc/SH (MFA), Corecivic (CXW), Rexford Industrial Realty (REXR), Colony Credit Real Estate (CLNC) and Stag Industrial (STAG).

Hersha Hospitality Trust's stock is owned by a number of of retail and institutional 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 Northern Trust Corp (2.09%). 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, Northern Trust Corp, Putnam Investments LLC, State Board of Administration of Florida Retirement System, Spirit of America Management Corp NY, Pinebridge Investments L.P. and Laurion Capital Management LP. Company insiders that have sold Hersha Hospitality Trust company stock in the last year include Hasu P Shah and Thomas J Hutchison III. 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 $22.87.

Hersha Hospitality Trust has a market capitalization of $900.62 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.

The official website for Hersha Hospitality Trust is http://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]