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NYSE:HTHersha Hospitality Trust Stock Price, Forecast & News

$6.80
+0.91 (+15.45 %)
(As of 06/4/2020 04:00 PM ET)
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Today's Range
$5.81
Now: $6.80
$6.99
50-Day Range
$3.91
MA: $4.80
$5.89
52-Week Range
$2.29
Now: $6.80
$17.49
Volume1.10 million shs
Average Volume752,425 shs
Market Capitalization$262.96 million
P/E RatioN/A
Dividend YieldN/A
Beta2.27
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. The Company's common shares are traded on The New York Stock Exchange under the ticker “HT”.
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Hersha Hospitality Trust logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.7Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.79 out of 5 stars


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$529.96 million
Cash Flow$2.82 per share
Book Value$22.58 per share

Profitability

Net Income$-3,670,000.00

Miscellaneous

Employees54
Market Cap$262.96 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Hersha Hospitality Trust (NYSE:HT) Frequently Asked Questions

How has Hersha Hospitality Trust's stock been impacted by COVID-19 (Coronavirus)?

Hersha Hospitality Trust's stock was trading at $7.22 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HT shares have decreased by 5.8% and is now trading at $6.80. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Hersha Hospitality Trust?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hersha Hospitality Trust in the last year. There are currently 4 sell ratings and 3 hold ratings for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Hersha Hospitality Trust.

When is Hersha Hospitality Trust's next earnings date?

Hersha Hospitality Trust is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Hersha Hospitality Trust.

How were Hersha Hospitality Trust's earnings last quarter?

Hersha Hospitality Trust (NYSE:HT) released its quarterly earnings results on Wednesday, May, 6th. The real estate investment trust reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.72. The real estate investment trust had revenue of $90.14 million for the quarter, compared to analysts' expectations of $97.74 million. Hersha Hospitality Trust had a negative net margin of 3.98% and a negative return on equity of 2.31%. View Hersha Hospitality Trust's earnings history.

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, March 9th. Investors of record on Tuesday, March 31st will be given a dividend of $0.28 per share on Wednesday, April 15th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 16.47%. The ex-dividend date is Monday, March 30th. View Hersha Hospitality Trust's dividend history.

What price target have analysts set for HT?

7 brokerages have issued 12-month target prices for Hersha Hospitality Trust's shares. Their forecasts range from $2.00 to $12.50. On average, they anticipate Hersha Hospitality Trust's stock price to reach $6.57 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View analysts' price targets for Hersha Hospitality Trust.

Has Hersha Hospitality Trust been receiving favorable news coverage?

News headlines about HT stock have trended extremely negative recently, InfoTrie reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hersha Hospitality Trust earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutHersha Hospitality Trust.

Are investors shorting Hersha Hospitality Trust?

Hersha Hospitality Trust saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,470,000 shares, an increase of 7.1% from the April 15th total of 3,240,000 shares. Based on an average trading volume of 977,100 shares, the days-to-cover ratio is presently 3.6 days. Approximately 10.0% 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?

What other stocks do shareholders of Hersha Hospitality Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Hersha Hospitality Trust investors own include New Residential Investment (NRZ), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Ventas (VTR), Medical Properties Trust (MPW), AbbVie (ABBV), Iron Mountain (IRM), ANNALY CAP MGMT/SH (NLY) and Simon Property Group (SPG).

Who are Hersha Hospitality Trust's key executives?

Hersha Hospitality Trust's management team includes the following 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)

What is Hersha Hospitality Trust's stock symbol?

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

Who are Hersha Hospitality Trust's major shareholders?

Hersha Hospitality Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (17.29%), Invesco Ltd. (5.38%), State Street Corp (4.36%), Geode Capital Management LLC (1.73%), Matarin Capital Management LLC (1.37%) and JPMorgan Chase & Co. (1.18%). Company insiders that own Hersha Hospitality Trust stock include Ashish R Parikh, David L Desfor, Donald J Landry, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael A Leven, 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 BlackRock Inc., Real Estate Management Services LLC, Bank of New York Mellon Corp, State Street Corp, Legal & General Group Plc, Robeco Institutional Asset Management B.V., Invesco Ltd., and Deutsche Bank AG. View insider buying and selling activity for Hersha Hospitality Trust.

Which institutional 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, 1060 Capital LLC, KBC Group NV, Wells Fargo & Company MN, Fuller & Thaler Asset Management Inc., JPMorgan Chase & Co., Parametric Portfolio Associates LLC, and Two Sigma Investments LP. Company insiders that have bought Hersha Hospitality Trust stock in the last two years include Ashish R Parikh, David L Desfor, Donald J Landry, Frank E Celli, Hasu P Shah, Jay H Shah, John Sabin, Michael A Leven, Michael R Gillespie, and Neil H Shah. View insider buying and selling activity 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 $6.80.

How big of a company is Hersha Hospitality Trust?

Hersha Hospitality Trust has a market capitalization of $262.96 million and generates $529.96 million in revenue each year. The real estate investment trust earns $-3,670,000.00 in net income (profit) each year or $1.94 on an earnings per share basis. Hersha Hospitality Trust employs 54 workers across the globe.

What is Hersha Hospitality Trust's official website?

The official website for Hersha Hospitality Trust is 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]

This page was last updated on 6/5/2020 by MarketBeat.com Staff

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