LaSalle Hotel Properties Company Profile (NYSE:LHO)

About LaSalle Hotel Properties

LaSalle Hotel Properties logoLasalle Hotel Properties is a self-administered and self-managed real estate investment trust (REIT). The Company primarily buys, owns, redevelops and leases upscale and luxury hotels located in convention, resort and urban business markets. The Company owns interest in approximately 50 hotels with over 12,000 guest rooms located in approximately 10 states and the District of Columbia. LaSalle Hotel Lessee, Inc. (LHL) is the Company's subsidiary. The Company's hotels are leased to LHL that provides for rental payments. The Company's assets are held by, and all of its operations are conducted through, LaSalle Hotel Operating Partnership, L.P. (the Operating Partnership). The Company is the general partner of the Operating Partnership. The hotels, in which the Company has interests include Hotel Amarano Burbank, Hilton San Diego Gaslamp Quarter, Hotel Solamar, San Diego Paradise Point Resort and Spa, The Hilton San Diego Resort and Spa, and Harbor Court Hotel.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: LHO
  • CUSIP: 51794210
Key Metrics:
  • Previous Close: $25.06
  • 50 Day Moving Average: $26.91
  • 200 Day Moving Average: $25.06
  • 52-Week Range: $113,063,000.00 - $19.01
  • Trailing P/E Ratio: 21.75
  • Foreward P/E Ratio: 8.92
  • P/E Growth: 2.04
  • Market Cap: $2.80B
  • Outstanding Shares: 113,063,000
  • Beta: 1.17
Profitability:
  • Net Margins: 11.54%
  • Return on Equity: 6.51%
  • Return on Assets: 3.82%
Debt:
  • Debt-to-Equity Ratio: 0.53%
  • Current Ratio: 0.96%
  • Quick Ratio: 0.96%
Additional Links:
Companies Related to LaSalle Hotel Properties:

Analyst Ratings

Consensus Ratings for LaSalle Hotel Properties (NYSE:LHO) (?)
Ratings Breakdown: 2 Sell Ratings, 14 Hold Ratings
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: $27.08 (8.05% upside)

Analysts' Ratings History for LaSalle Hotel Properties (NYSE:LHO)
Show:
DateFirmActionRatingPrice TargetDetails
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
7/28/2016Citigroup Inc.Boost Price TargetNeutral$23.00 -> $27.00View Rating Details
7/21/2016Barclays PLCSet Price TargetSell$23.00 -> $25.00View Rating Details
7/21/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$26.00 -> $25.00View Rating Details
6/26/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
5/23/2016Janney Montgomery ScottInitiated CoverageNeutral$26.00 -> $24.00View Rating Details
5/20/2016Bank of America Corp.Reiterated RatingNeutral$26.00 -> $25.00View Rating Details
4/25/2016Canaccord GenuityReiterated RatingHoldView Rating Details
4/12/2016Cowen and CompanyReiterated RatingMarket Perform$25.00View Rating Details
3/29/2016Stifel NicolausInitiated CoverageHoldView Rating Details
3/21/2016Evercore ISIBoost Price Target$26.00View Rating Details
2/22/2016Royal Bank Of CanadaLower Price TargetSector Perform$32.00 -> $28.00View Rating Details
2/16/2016Morgan StanleyLower Price Target$25.00 -> $23.00View Rating Details
1/19/2016Ladenburg ThalmannDowngradeNeutral -> SellView Rating Details
1/14/2016Robert W. BairdLower Price TargetNeutral$30.00 -> $28.00View Rating Details
10/26/2015SunTrust Banks Inc.Lower Price Target$37.00 -> $32.00View Rating Details
10/26/2015Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
7/23/2015MLV & Co.Reiterated RatingHold$40.00View Rating Details
7/23/2015Evercore Partners Inc.Reiterated RatingBuy -> HoldView Rating Details
10/24/2014FBR & CoBoost Price TargetOutperform$39.00 -> $42.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for LaSalle Hotel Properties (NYSE:LHO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/20/2016ListenView Earnings Details
7/20/2016Q216$0.95$0.95$344.43 million$351.10 millionViewListenView Earnings Details
4/21/2016Q116$0.43$0.49$263.81 million$260.10 millionViewListenView Earnings Details
2/18/2016Q415$0.64$0.66$298.48 million$294.70 millionViewListenView Earnings Details
10/22/2015Q315$0.89$0.87$336.88 million$329.70 millionViewListenView Earnings Details
7/22/2015Q215$0.89$0.91$346.51 million$341.40 millionViewListenView Earnings Details
4/22/2015Q115$0.35$0.40$240.23 million$250.80 millionViewListenView Earnings Details
2/18/2015Q414$0.22$0.21$269.20 million$269.00 millionViewListenView Earnings Details
10/23/2014Q314$0.79$0.85$298.40 million$308.00 millionViewListenView Earnings Details
7/23/2014Q214$0.81$0.82$305.60 million$313.10 millionViewListenView Earnings Details
4/23/2014Q114$0.30$0.32$214.35 million$218.86 millionViewListenView Earnings Details
2/19/2014Q4$0.55$0.55ViewListenView Earnings Details
2/5/2014Q413$0.54$0.56$249.65 million$252.00 millionViewN/AView Earnings Details
10/17/2013Q313$0.68$0.76$256.64 million$270.00 millionViewListenView Earnings Details
7/18/2013Q213$0.72$0.73$259.26 million$263.60 millionViewListenView Earnings Details
4/18/2013Q1 13$0.25$0.27$188.64 million$191.70 millionViewListenView Earnings Details
2/21/2013Q412$0.44$0.47$210.57 million$215.70 millionViewListenView Earnings Details
10/17/2012$0.70$0.68ViewN/AView Earnings Details
7/18/2012$0.65$0.72ViewN/AView Earnings Details
4/18/2012$0.17$0.21ViewN/AView Earnings Details
2/22/2012$0.37$0.36ViewN/AView Earnings Details
10/19/2011$0.49$0.50ViewN/AView Earnings Details
7/20/2011$0.56$0.55ViewN/AView Earnings Details
4/20/2011$0.11$0.13ViewN/AView Earnings Details
2/23/2011$0.29$0.37ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for LaSalle Hotel Properties (NYSE:LHO)
Current Year EPS Consensus Estimate: $2.93 EPS
Next Year EPS Consensus Estimate: $2.81 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.44$0.48$0.46
Q2 20161$0.94$0.94$0.94
Q3 20161$0.86$0.86$0.86
Q4 20161$0.62$0.62$0.62
Q1 20171$0.44$0.44$0.44
Q2 20171$0.87$0.87$0.87
Q3 20171$0.84$0.84$0.84
Q4 20171$0.59$0.59$0.59
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for LaSalle Hotel Properties (NYSE:LHO)
Annual Dividend:$1.80
Dividend Yield:7.18%
Dividend Growth:38.60% (3 Year Average)
Payout Ratio:157.90% (Based on Trailing 12 Months of Earnings)
61.43% (Based on Current Year Consensus EPS Estimate)
64.06% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History for LaSalle Hotel Properties (NYSE:LHO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/15/2016Quarterly$0.459/28/20169/30/201610/17/2016
6/15/2016Quarterly$0.456/28/20166/30/20167/15/2016
3/10/2016Quarterly$0.453/29/20163/31/20164/15/2016
12/15/2015Quarterly$0.4512/29/201512/31/20151/15/2016
9/15/2015$0.459/28/20159/30/201510/15/2015
4/23/2015quarterly$0.454.68%6/26/20156/30/20157/15/2015
3/16/2015quarterly$0.383.8%3/27/20153/31/20154/15/2015
12/16/2014quarterly$0.383.75%12/29/201412/31/20141/15/2015
9/15/2014quarterly$0.384.19%9/26/20149/30/201410/15/2014
4/23/2014quarterly$0.384.57%6/26/20146/30/20147/15/2014
3/14/2014quarterly$0.283.41%3/27/20143/31/20144/15/2014
12/13/2013quarterly$0.283.67%12/27/201312/31/20131/15/2014
7/17/2013quarterly$0.284.23%9/26/20139/30/201310/15/2013
6/14/2013quarterly$0.203.18%6/26/20136/28/20137/15/2013
3/15/2013quarterly$0.203.07%3/26/20133/28/20134/15/2013
12/14/2012quarterly$0.203.3%12/27/201212/31/20121/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for LaSalle Hotel Properties (NYSE:LHO)
Insider Ownership Percentage: 0.54%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/26/2016Michael D. BarnelloInsiderSell150,000$28.49$4,273,500.00View SEC Filing  
7/26/2016Alfred L YoungCOOSell17,000$28.11$477,870.00View SEC Filing  
5/2/2016William S MccalmontDirectorSell2,091$24.10$50,393.10View SEC Filing  
4/26/2016Bruce A RigginsEVPSell15,000$24.46$366,900.00View SEC Filing  
3/4/2016William S MccalmontDirectorSell2,412$26.48$63,869.76View SEC Filing  
11/18/2014William S MccalmontDirectorSell1,500$39.41$59,115.00View SEC Filing  
10/31/2014Michael D BarnelloCEOSell30,000$39.08$1,172,400.00View SEC Filing  
9/3/2014Alfred L YoungCOOSell10,000$37.09$370,900.00View SEC Filing  
8/4/2014Michael D BarnelloCEOSell30,000$35.57$1,067,100.00View SEC Filing  
7/28/2014Bruce A RigginsCFOSell11,000$36.13$397,430.00View SEC Filing  
3/12/2014Michael BarnelloCEOSell30,000$32.57$977,100.00View SEC Filing  
3/4/2014William MccalmontDirectorSell2,638$32.31$85,233.78View SEC Filing  
12/5/2013Alfred YoungCOOSell9,144$30.11$275,325.84View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for LaSalle Hotel Properties (NYSE:LHO)
DateHeadline
mysmartrend.com logoWatch for LaSalle Hotel Properties to Potentially Pullback After Gaining 1.32% Yesterday (NYSE:LHO)
www.mysmartrend.com - September 23 at 5:35 PM
finance.yahoo.com logoLaSalle Hotel Properties Announces Third Quarter Earnings Call To Be Held on ... (NYSE:LHO)
finance.yahoo.com - September 23 at 10:38 AM
News IconLaSalle Hotel Properties Announces Third ... (NYSE:LHO)
ih.advfn.com - September 22 at 5:42 PM
publicnow.com logoLaSalle Hotel Properties Announces Third Quarter Earnings Call To Be Held on October 20, 2016 (NYSE:LHO)
www.publicnow.com - September 22 at 5:42 PM
streetinsider.com logoLasalle Hotel Properties (LHO) Declares $0.45 Quarterly Dividend; 7.3% Yield (NYSE:LHO)
www.streetinsider.com - September 15 at 9:17 AM
seekingalpha.com logoLaSalle Hotel Properties declares $0.45 dividend (NYSE:LHO)
seekingalpha.com - September 15 at 9:17 AM
publicnow.com logoLaSalle Hotel Properties Declares Dividend for the Third Quarter 2016 (NYSE:LHO)
www.publicnow.com - September 15 at 9:17 AM
capitalcube.com logoETF’s with exposure to LaSalle Hotel Properties : September 9, 2016 (NYSE:LHO)
www.capitalcube.com - September 9 at 5:42 PM
News IconStock Slipping Down Over the Past Five Trading Sessions: LaSalle Hotel Properties (NYSE:LHO) (NYSE:LHO)
www.nationaldailypress.com - September 9 at 10:39 AM
News IconBrokerage Firm Rating Update on LaSalle Hotel Properties (LHO) (NYSE:LHO)
www.nationaldailypress.com - September 8 at 5:45 PM
capitalcube.com logoLaSalle Hotel Properties breached its 50 day moving average in a Bearish Manner : LHO-US : September 7, 2016 (NYSE:LHO)
www.capitalcube.com - September 7 at 9:27 AM
mysmartrend.com logoLook for Shares of LaSalle Hotel Properties to Potentially Rebound after Yesterday's 1.07% Sell Off (NYSE:LHO)
www.mysmartrend.com - August 30 at 5:56 PM
insidermonkey.com logoCEO’s of Popular Pizza-Delivery Chain and Hotel REIT Offload Shares, Plus Insider Buying at 3 Companies (NYSE:LHO)
www.insidermonkey.com - August 30 at 9:12 AM
forbes.com logoLaSalle Hotel Properties's Series I Preferred Shares Cross 6% Yield Mark (NYSE:LHO)
www.forbes.com - August 22 at 2:48 PM
capitalcube.com logoETF’s with exposure to LaSalle Hotel Properties : August 17, 2016 (NYSE:LHO)
www.capitalcube.com - August 17 at 6:07 PM
capitalcube.com logoETF’s with exposure to LaSalle Hotel Properties : August 2, 2016 (NYSE:LHO)
www.capitalcube.com - August 2 at 6:13 PM
capitalcube.com logoLaSalle Hotel Properties :LHO-US: Earnings Analysis: Q2, 2016 By the Numbers : August 1, 2016 (NYSE:LHO)
www.capitalcube.com - August 1 at 5:47 PM
biz.yahoo.com logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:LHO)
biz.yahoo.com - July 29 at 9:01 AM
News IconEVP and COO of LaSalle Hotel Properties (NYSE:LHO), Young Alfred L., sells 17,000 shares worth $477,855 (NYSE:LHO)
empowerednews.net - July 28 at 9:05 AM
capitalcube.com logoLaSalle Hotel Properties :LHO-US: Earnings Analysis: Q2, 2016 By the Numbers : July 27, 2016 (NYSE:LHO)
www.capitalcube.com - July 27 at 3:23 PM
breakingfinancenews.com logoLaSalle Hotel Properties (NYSE:LHO) stock price target reduced to $25 as issued in a report today by Credit Suisse (NYSE:LHO)
breakingfinancenews.com - July 25 at 10:28 AM
finance.yahoo.com logoLaSalle Hotel Properties (LHO) is in Overbought Territory: What's Next? (NYSE:LHO)
finance.yahoo.com - July 22 at 9:01 AM
finance.yahoo.com logoEdited Transcript of LHO earnings conference call or presentation 21-Jul-16 3:00pm GMT (NYSE:LHO)
finance.yahoo.com - July 21 at 1:06 PM
News IconLaSalle Hotel Properties Reports Second Quarter 2016 Results (NYSE:LHO)
www.digitaljournal.com - July 21 at 12:05 PM
biz.yahoo.com logoLaSalle Hotel Properties Earnings Call scheduled for 11:00 am ET today (NYSE:LHO)
biz.yahoo.com - July 21 at 11:00 AM
finance.yahoo.com logoLaSalle Hotel downgraded by Credit Suisse (NYSE:LHO)
finance.yahoo.com - July 21 at 7:20 AM
sg.finance.yahoo.com logoLaSalle Hotel Properties reports 2Q results (NYSE:LHO)
sg.finance.yahoo.com - July 20 at 4:34 PM
fidaily.com logoLaSalle Hotel Properties Common (LHO) – Deutsche Bank Maintains Rating And Lowers Price Target (NYSE:LHO)
www.fidaily.com - July 20 at 4:05 PM
biz.yahoo.com logoQ2 2016 LaSalle Hotel Properties Earnings Release - After Market Close (NYSE:LHO)
biz.yahoo.com - July 20 at 7:07 AM
thestreet.com logoGo Long in LaSalle (NYSE:LHO)
realmoney.thestreet.com - July 19 at 1:24 PM
finance.yahoo.com logoREIT Stocks' Q2 Earnings to Watch: BDN, EGP, LHO, SLG, CCI (NYSE:LHO)
finance.yahoo.com - July 19 at 10:27 AM
capitalcube.com logoLaSalle Hotel Properties : LHO-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : July 14, 2016 (NYSE:LHO)
www.capitalcube.com - July 14 at 10:36 AM
News IconCoverage Initiated on Select Hotel and Motel REIT Equities (NYSE:LHO)
news.investornetwork.com - July 11 at 9:08 AM
capitalcube.com logoLaSalle Hotel Properties breached its 50 day moving average in a Bullish Manner : LHO-US : July 1, 2016 (NYSE:LHO)
www.capitalcube.com - July 1 at 8:21 AM
publicnow.com logoLaSalle Hotel Properties Announces Second Quarter Earnings Call To Be Held on July 21, 2016 (NYSE:LHO)
www.publicnow.com - June 28 at 4:31 PM
capitalcube.com logoLaSalle Hotel Properties : LHO-US: Dividend Analysis : June 30th, 2016 (record date) : By the numbers : June 24, 2016 (NYSE:LHO)
www.capitalcube.com - June 24 at 12:46 PM
istreetwire.com logoLaSalle Hotel Properties (NYSE:LHO) Stock Price Will Hit 23.37:Analyst (NYSE:LHO)
istreetwire.com - June 22 at 10:35 AM
capitalcube.com logoLaSalle Hotel Properties breached its 50 day moving average in a Bullish Manner : LHO-US : June 21, 2016 (NYSE:LHO)
www.capitalcube.com - June 21 at 8:16 AM
istreetwire.com logoAnalysts: LaSalle Hotel Properties (NYSE:LHO) stock is worth $23.37 (NYSE:LHO)
istreetwire.com - June 16 at 6:05 PM
publicnow.com logoLaSalle Hotel Properties Declares Dividend for the Second Quarter 2016 (NYSE:LHO)
www.publicnow.com - June 15 at 8:59 AM
News IconDowntown Indy Marriott to be Sold (NYSE:LHO)
www.insideindianabusiness.com - June 2 at 6:14 PM
News IconIndianapolis Marriott Downtown Sold for for $165 Million (NYSE:LHO)
www.hotelnewsresource.com - June 2 at 6:14 PM
biz.yahoo.com logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Regulation FD Disclosure (NYSE:LHO)
biz.yahoo.com - June 2 at 4:11 PM
publicnow.com logoLaSalle Hotel Properties Announces Contract to Sell Indianapolis Marriott Downtown (NYSE:LHO)
www.publicnow.com - June 2 at 9:25 AM
biz.yahoo.com logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exh (NYSE:LHO)
biz.yahoo.com - May 25 at 4:02 PM
isstories.com logoYesterday Biggest Movers: Fifth Third Bancorp (NASDAQ:FITB) , LaSalle Hotel Properties (NYSE:LHO) - Is stories (NYSE:LHO)
www.isstories.com - May 25 at 11:17 AM
News IconEarnings Review and Stock Rundown for LaSalle Hotel Properties (NYSE:LHO) - Wall Street Hints and News (NYSE:LHO)
hintsnewsnetwork.com - May 24 at 12:50 AM
News IconTarget Check and Stock Performance Recap LaSalle Hotel Properties (NYSE:LHO) - Wall Street Hints and News (NYSE:LHO)
hintsnewsnetwork.com - May 23 at 7:41 PM
istreetwire.com logoLaSalle Hotel Properties (NYSE:LHO) Insiders Look Pessimistic About Prospects - iStreetWire (NYSE:LHO)
www.istreetwire.com - May 23 at 7:41 PM
News IconPerformance at a Glance on LaSalle Hotel Properties (NYSE:LHO) - Wall Street Hints and News (NYSE:LHO)
hintsnewsnetwork.com - May 23 at 12:12 AM

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LaSalle Hotel Properties (NYSE:LHO) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff