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 announced a quarterly dividend on Thursday, September 19th. Stockholders of record on Monday, September 30th will be given 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 8.01%. 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 announced that its board has approved a share buyback plan on Thursday, January 4th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.
How were Hersha Hospitality Trust's earnings last quarter?
Hersha Hospitality Trust (NYSE:HT) released its earnings results on Tuesday, July, 30th. The real estate investment trust reported ($0.02) earnings per share 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 analyst estimates 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 earnings per share guidance of $0.56-0.61 for the period.
What price target have analysts set for HT?
8 brokerages have issued twelve-month price targets for Hersha Hospitality Trust's shares. Their forecasts range from $16.00 to $20.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $17.95 in the next year. This suggests a possible upside of 28.4% from the stock's current price. View Analyst Price Targets for Hersha Hospitality Trust.
What is the consensus analysts' recommendation for Hersha Hospitality Trust?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 2 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?
Media stories about HT stock have trended somewhat negative on Wednesday, according to InfoTrie. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a media sentiment score of -1.2 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Hersha Hospitality Trust.
Are investors shorting Hersha Hospitality Trust?
Hersha Hospitality Trust saw a increase in short interest during the month of 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 trading volume of 364,600 shares, the days-to-cover ratio is currently 11.8 days. Currently, 12.1% of the shares of the stock 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), DiamondRock Hospitality (DRH), Mack Cali Realty (CLI), Four Corners Property Trust (FCPT), Corecivic (CXW), Redwood Trust (RWT), Hannon Armstrong Sustnbl Infrstr Cap (HASI), The GEO Group (GEO), Essential Properties Realty Trust (EPRT), Alexander's (ALX), Colony Credit Real Estate (CLNC) and PennyMac Mortgage Investment Trust (PMT).
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%), State of Alaska Department of Revenue (0.08%) and Spirit of America Management Corp NY (0.04%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, 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 institutional investors are selling Hersha Hospitality Trust stock?
Which institutional 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. 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, 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 $13.98.
How big of a company is Hersha Hospitality Trust?
Hersha Hospitality Trust has a market capitalization of $548.99 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.
