Hersha Hospitality Trust Stock Forecast, Price & News

Hersha Hospitality Trust's stock was trading at $7.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HT stock has decreased by 17.6% and is now trading at $5.95.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Hersha Hospitality Trust.

Hersha Hospitality Trust is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Hersha Hospitality Trust.

Hersha Hospitality Trust (NYSE:HT) issued its quarterly earnings results on Wednesday, August, 5th. The real estate investment trust reported ($1.75) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.58) by $1.17. Hersha Hospitality Trust had a negative net margin of 25.97% and a negative return on equity of 11.73%.
View Hersha Hospitality Trust's earnings history.

Hersha Hospitality Trust declared a quarterly dividend on Monday, March 9th. Investors 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 annualized dividend and a dividend yield of 18.82%. The ex-dividend date is Monday, March 30th.
View Hersha Hospitality Trust's dividend history.

7 brokerages have issued 12-month target prices for Hersha Hospitality Trust's shares. Their forecasts range from $4.00 to $8.00. On average, they anticipate Hersha Hospitality Trust's share price to reach $5.36 in the next twelve months. This suggests that the stock has a possible downside of 10.0%.
View analysts' price targets for Hersha Hospitality Trust.

Hersha Hospitality Trust saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,990,000 shares, an increase of 44.4% from the August 15th total of 2,070,000 shares. Based on an average trading volume of 815,100 shares, the days-to-cover ratio is presently 3.7 days. Approximately 8.7% of the company's shares are short sold.
View Hersha Hospitality Trust's Short Interest.

Some companies that are related to Hersha Hospitality Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), 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).
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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), NVIDIA (NVDA), Simon Property Group (SPG), Enterprise Products Partners (EPD), QUALCOMM (QCOM), AT&T (T), Main Street Capital (MAIN), Medical Properties Trust (MPW) and Iron Mountain (IRM).

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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.23%), Dalton Greiner Hartman Maher & Co. (3.80%), LSV Asset Management (2.72%), Charles Schwab Investment Management Inc. (1.88%), Prudential Financial Inc. (1.79%) and Goldman Sachs Group Inc. (1.73%). 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 Vanguard Group Inc., Charles Schwab Investment Management Inc., Prudential Financial Inc., Man Group plc, LSV Asset Management, Foundry Partners LLC, Bank of New York Mellon Corp, and Nuveen Asset Management LLC.
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 O Keefe Stevens Advisory Inc., Goldman Sachs Group Inc., Marshall Wace LLP, Dalton Greiner Hartman Maher & Co., Real Estate Management Services LLC, New York State Teachers Retirement System, Russell Investments Group Ltd., and Jane Street Group LLC. 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 $5.95.

Hersha Hospitality Trust has a market capitalization of $230.79 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]