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

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$21.60 +0.25 (+1.17 %)
(As of 06/22/2018 03:26 PM ET)
Previous Close$21.55
Today's Range$21.49 - $21.86
52-Week Range$16.60 - $21.55
Volume21,106 shs
Average Volume351,269 shs
Market Capitalization$832.23 million
P/E Ratio10.05
Dividend Yield5.29%
Beta1.32
Hersha Hospitality Trust logoHersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets and coastal destinations. The Company's 49 hotels totaling 7,653 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker ?HT.?

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:HT
CUSIP42782510
Phone717-236-4400

Debt

Debt-to-Equity Ratio1.05
Current Ratio0.43
Quick Ratio0.43

Price-To-Earnings

Trailing P/E Ratio10.05
Forward P/E Ratio11.74
P/E Growth2.1

Sales & Book Value

Annual Sales$498.24 million
Price / Sales1.71
Cash Flow$4.6753 per share
Price / Cash4.62
Book Value$21.34 per share
Price / Book1.01

Profitability

EPS (Most Recent Fiscal Year)$2.16
Net Income$99.86 million
Net Margins11.06%
Return on Equity5.74%
Return on Assets2.50%

Miscellaneous

Employees51
Outstanding Shares39,330,000

Hersha Hospitality Trust (NYSE:HT) Frequently Asked Questions

What is Hersha Hospitality Trust's stock symbol?

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

How often does Hersha Hospitality Trust pay dividends? What is the dividend yield for Hersha Hospitality Trust?

Hersha Hospitality Trust declared a quarterly dividend on Monday, June 4th. Investors of record on Friday, June 29th will be given a dividend of $0.28 per share on Friday, July 13th. This represents a $1.12 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date of this dividend is Thursday, June 28th. View Hersha Hospitality Trust's Dividend History.

How will Hersha Hospitality Trust's stock buyback program work?

Hersha Hospitality Trust declared that its Board of Directors has initiated a share repurchase plan on Thursday, January 4th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Hersha Hospitality Trust's earnings last quarter?

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

When is Hersha Hospitality Trust's next earnings date?

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

What price target have analysts set for HT?

9 analysts have issued 1 year target prices for Hersha Hospitality Trust's stock. Their forecasts range from $17.00 to $24.00. On average, they expect Hersha Hospitality Trust's share price to reach $19.8125 in the next twelve months. View Analyst Ratings for Hersha Hospitality Trust.

Who are some of Hersha Hospitality Trust's key competitors?

Who are Hersha Hospitality Trust's key executives?

Hersha Hospitality Trust's management team includes the folowing people:
  • Mr. Hasu P. Shah, Chairman (Age 73)
  • Mr. Jay H. Shah, CEO & Trustee (Age 49)
  • Mr. Neil H. Shah, Pres & COO (Age 44)
  • Mr. Ashish R. Parikh CPA, CFO & Assistant Sec. (Age 48)
  • Mr. Michael R. Gillespie, Chief Accounting Officer, Controller & Assistant Sec. (Age 45)

Has Hersha Hospitality Trust been receiving favorable news coverage?

News stories about HT stock have been trending somewhat positive on Friday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hersha Hospitality Trust earned a media sentiment score of 0.17 on Accern's scale. They also gave news stories about the real estate investment trust an impact score of 45.71 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Hersha Hospitality Trust's major shareholders?

Hersha Hospitality Trust's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.98%), Dalton Greiner Hartman Maher & Co. (2.96%), Northern Trust Corp (2.22%), LSV Asset Management (2.15%), Dimensional Fund Advisors LP (1.88%) and Matarin Capital Management LLC (1.80%). 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.

Which major investors are selling Hersha Hospitality Trust stock?

HT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Citadel Advisors LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Loomis Sayles & Co. L P, Schroder Investment Management Group, Royal Bank of Canada and Guggenheim Capital LLC. View Insider Buying and Selling for Hersha Hospitality Trust.

Which major investors are buying Hersha Hospitality Trust stock?

HT stock was acquired by a variety of institutional investors in the last quarter, including Matarin Capital Management LLC, WINTON GROUP Ltd, LSV Asset Management, Dalton Greiner Hartman Maher & Co., Robeco Institutional Asset Management B.V., Amundi Pioneer Asset Management Inc., Susquehanna Fundamental Investments LLC and Northern Trust Corp. 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.

How do I buy shares of 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.

What is Hersha Hospitality Trust's stock price today?

One share of HT stock can currently be purchased for approximately $21.66.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $832.23 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.

How can I contact Hersha Hospitality Trust?

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]


MarketBeat Community Rating for Hersha Hospitality Trust (HT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  532
MarketBeat's community ratings are surveys of what our community members think about Hersha Hospitality Trust and other stocks. Vote "Outperform" if you believe HT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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