NYSE:HT - Hersha Hospitality Trust Stock Price, Price Target & More

Hersha Hospitality Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "HT."

Hersha Hospitality Trust declared a quarterly dividend on Monday, June 4th. Shareholders of record on Friday, June 29th will be paid a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 annualized dividend and a yield of 5.02%. The ex-dividend date of this dividend is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

Hersha Hospitality Trust declared that its Board of Directors has authorized a stock buyback program on Thursday, January 4th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Hersha Hospitality Trust (NYSE:HT) announced its quarterly earnings results on Tuesday, April, 24th. The real estate investment trust reported ($0.36) EPS for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.84. The real estate investment trust earned $99.64 million during the quarter, compared to analysts' expectations of $102.92 million. Hersha Hospitality Trust had a net margin of 11.06% and a return on equity of 5.74%. View Hersha Hospitality Trust's Earnings History.

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Hersha Hospitality Trust.

9 analysts have issued twelve-month price targets for Hersha Hospitality Trust's shares. Their forecasts range from $17.00 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $20.1250 in the next year. This suggests that the stock has a possible downside of 9.9%. View Analyst Ratings 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, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Hersha Hospitality Trust include PS Business Parks (PSB), Education Realty Trust (EDR), Eastgroup Properties (EGP), The GEO Group (GEO), Colony NorthStar (CLNS), National Health Investors (NHI), MFA Finl Inc/SH (MFA), Uniti Group (UNIT), Potlatchdeltic (PCH), AmeriCold Realty Trust (COLD), Corporate Office Properties Trust (OFC), Outfront Media (OUT), Colony Capital (CLNY), Corecivic (CXW) and Brandywine Realty Trust (BDN).

News stories about HT stock have been trending somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hersha Hospitality Trust earned a media sentiment score of 0.12 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 44.19 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Hersha Hospitality Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (3.03%), Real Estate Management Services LLC (2.71%), Bank of Montreal Can (0.58%), Columbia Partners L L C Investment Management (0.39%), Spirit of America Management Corp NY (0.16%) and Fisher Asset Management LLC (0.09%). 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 Spirit of America Management Corp NY, Fisher Asset Management LLC, Columbia Partners L L C Investment Management and Municipal Employees Retirement System of Michigan. 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, Bank of Montreal Can, Dalton Greiner Hartman Maher & Co., Pensionfund DSM Netherlands, Fox Run Management L.L.C. and Pensionfund Sabic. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, 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 $22.33.

Hersha Hospitality Trust has a market capitalization of $878.26 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.

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]