NYSE:HTHersha Hospitality Trust Stock Price, Forecast & News

Hersha Hospitality Trust's stock was trading at $7.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HT shares have decreased by 24.5% and is now trading at $5.45. 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 Tuesday, August 4th 2020. View our earnings forecast for Hersha Hospitality Trust.

Hersha Hospitality Trust (NYSE:HT) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported ($0.76) EPS for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.72. The real estate investment trust had revenue of $90.14 million for the quarter, compared to the consensus estimate 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 declared a quarterly dividend on Monday, March 9th. Stockholders 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 dividend yield of 20.55%. The ex-dividend date of this dividend is Monday, March 30th. View Hersha Hospitality Trust's dividend history.

7 Wall Street analysts have issued 12 month price objectives for Hersha Hospitality Trust's stock. Their forecasts range from $2.00 to $12.50. On average, they expect Hersha Hospitality Trust's share price to reach $7.43 in the next year. This suggests a possible upside of 36.3% from the stock's current price. View analysts' price targets for Hersha Hospitality Trust.

News headlines about HT stock have trended neutral this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of 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 nearest to five being the most favorable. Hersha Hospitality Trust earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely 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 decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,990,000 shares, a decline of 10.2% from the May 31st total of 3,330,000 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is currently 2.8 days. Approximately 8.7% of the company's shares 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."

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 $5.45.

Hersha Hospitality Trust has a market capitalization of $210.75 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]