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

$13.94
-0.07 (-0.50 %)
(As of 10/23/2019 03:50 AM ET)
Today's Range
$13.64
Now: $13.94
$14.03
50-Day Range
$13.51
MA: $14.47
$15.25
52-Week Range
$13.00
Now: $13.94
$20.38
Volume309,393 shs
Average Volume363,947 shs
Market Capitalization$547.42 million
P/E Ratio6.34
Dividend Yield7.99%
Beta1.34
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$495.06 million
Cash Flow$2.62 per share
Book Value$24.22 per share

Profitability

Net Income$9.99 million

Miscellaneous

Employees54
Market Cap$547.42 million
Next Earnings Date11/5/2019 (Confirmed)
OptionableOptionable

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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. Shareholders 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 yield of 8.03%. The ex-dividend date 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 of Directors has initiated a stock buyback program 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. Stock buyback programs are typically a sign that the company's management believes its shares are 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 consensus estimate of $0.73 by $0.75. The real estate investment trust had revenue of $147.50 million for the quarter, compared to analysts' expectations 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?

Hersha Hospitality Trust is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Hersha Hospitality Trust.

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 analysts have issued 12 month price targets for Hersha Hospitality Trust's stock. Their predictions range from $12.50 to $20.00. On average, they anticipate Hersha Hospitality Trust's stock price to reach $16.33 in the next twelve months. This suggests a possible upside of 17.2% 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?

Press coverage about HT stock has been trending neutral on Wednesday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Hersha Hospitality Trust earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect 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. Currently, 12.1% of the shares of the stock are short sold. View Hersha Hospitality Trust's Current Options Chain.

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

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 investors include Dalton Greiner Hartman Maher & Co. (3.63%), O Keefe Stevens Advisory Inc. (0.61%), Robeco Institutional Asset Management B.V. (0.36%), Strs Ohio (0.13%), State of Alaska Department of Revenue (0.08%) and Diligent Investors LLC (0.07%). 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 institutional investors are selling Hersha Hospitality Trust stock?

HT stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Spirit of America Management Corp NY, Strs Ohio and Diligent Investors LLC. View Insider Buying and Selling for Hersha Hospitality Trust.

Which institutional investors are buying Hersha Hospitality Trust stock?

HT stock was bought 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 $13.94.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $547.42 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?

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:  2.0 out of 5 (star star)
Outperform Votes:  299 (Vote Outperform)
Underperform Votes:  452 (Vote Underperform)
Total Votes:  751
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 10/23/2019 by MarketBeat.com Staff

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