Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale, luxury and lifestyle hotels in urban gateway markets and coastal destinations. The Company's 48 hotels totaling 7,644 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone717-236-4400
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$495.06 million
Profitability
Miscellaneous
Employees54
Next Earnings Date11/5/2019 (Confirmed)
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 declared a quarterly dividend on Thursday, September 19th. Investors of record on Monday, September 30th will be paid a dividend of $0.28 per share on Tuesday, October 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 8.29%. The ex-dividend date of this dividend is Friday, September 27th. 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 approved a share buyback plan on Thursday, January 4th 2018, which allows the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.
How were Hersha Hospitality Trust's earnings last quarter?
Hersha Hospitality Trust (NYSE:HT) issued its earnings results on Tuesday, July, 30th. The real estate investment trust reported ($0.02) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.73 by $0.75. The real estate investment trust earned $147.50 million during the quarter, compared to the consensus estimate of $146.81 million. Hersha Hospitality Trust had a net margin of 0.78% and a return on equity of 0.44%. View Hersha Hospitality Trust's Earnings History.
When is Hersha Hospitality Trust's next earnings date?
How can I listen to Hersha Hospitality Trust's earnings call?
Hersha Hospitality Trust will be holding an earnings conference call on Tuesday, November 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.
What guidance has Hersha Hospitality Trust issued on next quarter's earnings?
Hersha Hospitality Trust updated its third quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided EPS guidance of $0.56-0.61 for the period.
What price target have analysts set for HT?
9 equities research analysts have issued twelve-month price objectives for Hersha Hospitality Trust's stock. Their forecasts range from $12.50 to $20.00. On average, they expect Hersha Hospitality Trust's share price to reach $16.33 in the next twelve months. This suggests a possible upside of 20.9% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.
What is the consensus analysts' recommendation 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 3 sell ratings, 5 hold ratings and 1 buy rating 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 headlines about HT stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hersha Hospitality Trust earned a news impact score of 0.8 on InfoTrie's scale. They also gave news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Hersha Hospitality Trust.
Are investors shorting Hersha Hospitality Trust?
Hersha Hospitality Trust saw a increase in short interest in September. As of September 30th, there was short interest totalling 4,310,000 shares, an increase of 20.4% from the August 30th total of 3,580,000 shares. Based on an average daily volume of 364,600 shares, the short-interest ratio is presently 11.8 days. Approximately 12.1% of the shares of the company are sold short. View Hersha Hospitality Trust's Current Options Chain.
Who are some of Hersha Hospitality Trust's key competitors?
Some companies that are related to Hersha Hospitality Trust include Retail Opportunity Investments (ROIC), Ladder Capital (LADR), LTC Properties (LTC), National Storage Affiliates Trust (NSA), Mack Cali Realty (CLI), DiamondRock Hospitality (DRH), Four Corners Property Trust (FCPT), The GEO Group (GEO), Redwood Trust (RWT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Essential Properties Realty Trust (EPRT), Corecivic (CXW), Colony Credit Real Estate (CLNC), Alexander's (ALX) and Alexander & Baldwin (ALEX).
What other stocks do shareholders of Hersha Hospitality Trust own?
Who are Hersha Hospitality Trust's key executives?
Hersha Hospitality Trust's management team includes the folowing people:
- Mr. Hasu P. Shah, Exec. Chairman (Age 74)
- Mr. Jay H. Shah, CEO & Trustee (Age 50)
- Mr. Neil H. Shah, Pres & COO (Age 45)
- Mr. Ashish R. Parikh CPA, CFO & Assistant Sec. (Age 49)
- Mr. Michael R. Gillespie CPA, Chief Accounting Officer, Controller & Assistant Sec. (Age 46)
Who are Hersha Hospitality Trust's major shareholders?
Hersha Hospitality Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dalton Greiner Hartman Maher & Co. (3.63%), O Keefe Stevens Advisory Inc. (0.61%), Robeco Institutional Asset Management B.V. (0.36%), State of Alaska Department of Revenue (0.08%), Spirit of America Management Corp NY (0.04%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, 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?
Which major investors are buying Hersha Hospitality Trust stock?
HT stock was purchased by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., O Keefe Stevens Advisory Inc., Nisa Investment Advisors LLC and State of Alaska Department of Revenue. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, 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, Robinhood, Fidelity and Charles Schwab.
What is Hersha Hospitality Trust's stock price today?
One share of HT stock can currently be purchased for approximately $13.51.
How big of a company is Hersha Hospitality Trust?
Hersha Hospitality Trust has a market capitalization of $530.54 million and generates $495.06 million in revenue each year. The real estate investment trust earns $9.99 million in net income (profit) each year or $2.20 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.View Additional Information About Hersha Hospitality Trust.
What is Hersha Hospitality Trust's official website?
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)
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.
