NYSE:HTHersha Hospitality Trust Stock Price, Forecast & 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 (WHO). Since then, HT shares have decreased by 23.5% and is now trading at $5.52. 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 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 Wednesday, August 5th 2020. View our earnings forecast for Hersha Hospitality Trust.

Hersha Hospitality Trust will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Hersha Hospitality Trust (NYSE:HT) posted its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported ($0.76) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.72. The real estate investment trust had revenue of $90.14 million for the quarter, compared to analyst estimates of $97.74 million. Hersha Hospitality Trust had a negative return on equity of 2.31% and a negative net margin of 3.98%. View Hersha Hospitality Trust's earnings history.

Hersha Hospitality Trust announced a quarterly dividend on Monday, March 9th. Stockholders of record on Tuesday, March 31st will be paid 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 20.29%. The ex-dividend date is Monday, March 30th. View Hersha Hospitality Trust's dividend history.

7 brokerages have issued twelve-month price objectives for Hersha Hospitality Trust's stock. Their forecasts range from $2.00 to $12.50. On average, they anticipate Hersha Hospitality Trust's share price to reach $7.43 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price. View analysts' price targets for Hersha Hospitality Trust.

News coverage about HT stock has trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news about Hersha Hospitality Trust.

Hersha Hospitality Trust saw a drop in short interest in June. As of June 30th, there was short interest totaling 2,710,000 shares, a drop of 9.4% from the June 15th total of 2,990,000 shares. Based on an average daily volume of 992,700 shares, the days-to-cover ratio is currently 2.7 days. Approximately 7.8% of the shares of the stock are sold short. 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), HCP (HCP), Ventas (VTR), 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 many different retail and institutional investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (3.80%), O Keefe Stevens Advisory Inc. (0.82%) and Envestnet Asset Management Inc. (0.08%). 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 bought by a variety of institutional investors in the last quarter, including O Keefe Stevens Advisory Inc., Dalton Greiner Hartman Maher & Co., and Envestnet Asset Management Inc.. 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 $5.52.

Hersha Hospitality Trust has a market capitalization of $213.47 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 inve[email protected]