NYSE:HT - Hersha Hospitality Trust Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$17.26 +0.06 (+0.35 %)
(As of 01/17/2019 04:25 AM ET)
Previous Close$17.20
Today's Range$17.12 - $17.58
52-Week Range$16.50 - $24.16
Volume525,700 shs
Average Volume596,318 shs
Market Capitalization$675.72 million
P/E Ratio7.99
Dividend Yield6.42%
Beta1.44
Hersha 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 7,730 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.”

Receive HT News and Ratings via Email

Sign-up to receive the latest news and ratings for HT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Current Ratio0.45
Quick Ratio0.45

Price-To-Earnings

Sales & Book Value

Annual Sales$498.24 million
Price / Sales1.37
Cash Flow$4.6150 per share
Price / Cash Flow3.74
Book Value$21.34 per share
Price / Book0.81

Profitability

Net Income$99.86 million
Net Margins-1.61%
Return on AssetsN/A

Miscellaneous

Employees51
Market Cap$675.72 million
OptionableOptionable

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 announced a quarterly dividend on Friday, December 14th. Stockholders of record on Saturday, January 5th will be given a dividend of $0.28 per share on Tuesday, January 15th. This represents a $1.12 annualized dividend and a dividend yield of 6.49%. The ex-dividend date of this dividend is Thursday, January 3rd. View Hersha Hospitality Trust's Dividend History.

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

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

How were Hersha Hospitality Trust's earnings last quarter?

Hersha Hospitality Trust (NYSE:HT) released its quarterly earnings data on Tuesday, October, 23rd. The real estate investment trust reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by $0.03. The real estate investment trust had revenue of $127.88 million for the quarter, compared to analyst estimates of $134.82 million. 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 Monday, February 25th 2019. View Earnings Estimates for Hersha Hospitality Trust.

What guidance has Hersha Hospitality Trust issued on next quarter's earnings?

Hersha Hospitality Trust updated its FY 2018 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of $2.15-2.20 for the period. Hersha Hospitality Trust also updated its Q4 2018 guidance to $0.53-0.58 EPS.

What price target have analysts set for HT?

10 brokers have issued 12-month price targets for Hersha Hospitality Trust's stock. Their predictions range from $16.75 to $24.00. On average, they anticipate Hersha Hospitality Trust's share price to reach $20.4688 in the next year. This suggests a possible upside of 18.6% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.

What is the consensus analysts' recommendation for Hersha Hospitality Trust?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hersha Hospitality Trust.

Has Hersha Hospitality Trust been receiving favorable news coverage?

News coverage about HT stock has been trending positive this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a news impact score of 2.3 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the next several days.

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)

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 shareholders include SG Capital Management LLC (0.69%), Spirit of America Management Corp NY (0.12%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie, 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 Spirit of America Management Corp NY and Louisiana State Employees Retirement System. View Insider Buying and Selling for Hersha Hospitality Trust.

Which major investors are buying Hersha Hospitality Trust stock?

HT stock was purchased by a variety of institutional investors in the last quarter, including SG Capital Management LLC. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Hasu P Shah, Jay H Shah, Michael R Gillespie 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 $17.26.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $675.72 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.

What is Hersha Hospitality Trust's official website?

The official website for Hersha Hospitality Trust is http://www.hersha.com.

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 (NYSE HT)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  241 (Vote Outperform)
Underperform Votes:  392 (Vote Underperform)
Total Votes:  633
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 1/17/2019 by MarketBeat.com Staff

Featured Article: What does RSI mean?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel