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: $28.76
  • 50 Day Moving Average: $30.31
  • 200 Day Moving Average: $27.65
  • 52-Week Range: $21.56 - $31.87
  • Trailing P/E Ratio: 13.76
  • Foreward P/E Ratio: 29.05
  • P/E Growth: -1.35
  • Market Cap: $3.25B
  • Outstanding Shares: 113,087,000
  • Beta: 1.17
Profitability:
  • Net Margins: 20.49%
  • Return on Equity: 10.61%
  • Return on Assets: 6.38%
Debt:
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to LaSalle Hotel Properties:

Analyst Ratings

Consensus Ratings for LaSalle Hotel Properties (NYSE:LHO) (?)
Ratings Breakdown: 1 Sell Rating, 13 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $26.81 (6.79% downside)

Analysts' Ratings History for LaSalle Hotel Properties (NYSE:LHO)
Show:
DateFirmActionRatingPrice TargetDetails
2/14/2017Barclays PLCSet Price TargetSell$27.00View Rating Details
2/14/2017Canaccord GenuityReiterated RatingHold$28.00View Rating Details
1/9/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$33.00View Rating Details
1/6/2017Stifel NicolausBoost Price TargetHold$26.00 -> $28.50View Rating Details
12/14/2016NomuraInitiated CoverageNeutral$31.00View Rating Details
12/14/2016InstinetInitiated CoverageNeutral$31.00View Rating Details
12/13/2016Wells Fargo & CompanyDowngradeOutperform -> Market PerformView Rating Details
11/15/2016Morgan StanleyReiterated RatingEqual Weight$22.00 -> $21.00View Rating Details
10/5/2016Citigroup Inc.Reiterated RatingHold$24.00View Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralView Rating Details
7/21/2016Credit Suisse GroupDowngradeOutperform -> 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 CorpReiterated RatingNeutral$26.00 -> $25.00View Rating Details
4/12/2016Cowen and CompanyReiterated RatingMarket Perform$25.00View 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
1/19/2016Ladenburg Thalmann Financial ServicesDowngradeNeutral -> 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
7/23/2015MLV & Co.Reiterated RatingHold$40.00View Rating Details
7/23/2015Evercore Partners Inc.Reiterated RatingBuy -> HoldView Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for LaSalle Hotel Properties (NYSE:LHO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017        
2/22/2017Q416$0.62$0.62$286.22 million$289.50 millionViewListenView Earnings Details
10/19/2016Q316$0.87$0.84$328.95 million$326.90 millionViewListenView 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: $2.07 EPS
Next Year EPS Consensus Estimate: $0.99 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$0.61$0.61$0.61
Q1 20171$0.43$0.43$0.43
Q2 20171$0.84$0.84$0.84
Q3 20171$0.80$0.80$0.80
Q4 20171$0.58$0.58$0.58
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for LaSalle Hotel Properties (NYSE:LHO)
Annual Dividend:$1.80
Dividend Yield:6.26%
Dividend Growth:26.90% (3 Year Average)
Payout Ratio:86.12% (Based on Trailing 12 Months of Earnings)
86.96% (Based on Current Year Consensus EPS Estimate)
181.82% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for LaSalle Hotel Properties (NYSE:LHO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/15/2016Quarterly$0.455.92%12/28/201612/30/20161/17/2017
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
biz.yahoo.com logoLaSalle Hotel Properties Earnings Call scheduled for 2:00 pm ET today (NYSE:LHO)
biz.yahoo.com - February 23 at 6:18 PM
us.rd.yahoo.com logo4:19 pm LaSalle Hotel reports FFO in-line, beats on revs (NYSE:LHO)
us.rd.yahoo.com - February 23 at 5:23 AM
biz.yahoo.com logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:LHO)
us.rd.yahoo.com - February 23 at 5:23 AM
News IconWhat investors have to know about LaSalle Hotel Properties’s (LHO) growth? (NYSE:LHO)
simplywall.st - February 22 at 11:26 PM
News IconAre Insiders Cutting Back Their Holdings in LaSalle Hotel Properties (NYSE:LHO)? (NYSE:LHO)
cloudhostinghq.net - February 22 at 6:26 PM
seekingalpha.com logoLaSalle Hotel Properties FFO in-line, beats on revenue (NYSE:LHO)
seekingalpha.com - February 22 at 6:26 PM
finance.yahoo.com logoLaSalle Hotel Properties Reports Fourth Quarter 2016 Results (NYSE:LHO)
finance.yahoo.com - February 22 at 6:26 PM
sg.finance.yahoo.com logoLaSalle Hotel Properties reports 4Q results (NYSE:LHO)
sg.finance.yahoo.com - February 22 at 6:26 PM
News IconSummit Hotel Properties, Inc (NYSE:LHO)
techknowbits.com - February 22 at 12:18 PM
capitalcube.com logoLaSalle Hotel Properties : LHO-US: Dividend Analysis : December 30th, 2016 (record date) : By the numbers : February 16, 2017 (NYSE:LHO)
www.capitalcube.com - February 16 at 4:59 PM
capitalcube.com logoLaSalle Hotel Properties breached its 50 day moving average in a Bearish Manner : LHO-US : February 3, 2017 (NYSE:LHO)
www.capitalcube.com - February 3 at 6:59 PM
News IconHotel Deca in Seattle Sold for $55.0 Million (NYSE:LHO)
www.hotelnewsresource.com - February 3 at 12:02 AM
4-traders.com logoLASALLE HOTEL PROPERTIES : Regulation FD Disclosure (form 8-K) (NYSE:LHO)
www.4-traders.com - February 3 at 12:02 AM
bizjournals.com logoExclusive: Heathman Hotel gets a new — and familiar — operator, tees up multimillon-dollar remodel (NYSE:LHO)
www.bizjournals.com - February 2 at 7:00 PM
bizjournals.com logoDeca Hotel's new owner plans big renovation for U District high-rise (NYSE:LHO)
www.bizjournals.com - February 1 at 7:07 PM
finance.yahoo.com logoLaSalle Hotel Properties Announces Sale of Hotel Deca in Seattle, WA (NYSE:LHO)
finance.yahoo.com - February 1 at 7:07 PM
marketwatch.com logoOwn a hotel, with help from Donald Trump (NYSE:LHO)
www.marketwatch.com - January 31 at 7:06 PM
4-traders.com logoLASALLE HOTEL PROPERTIES : Change in Directors or Principal Officers (form 8-K) (NYSE:LHO)
www.4-traders.com - January 23 at 6:35 PM
biz.yahoo.com logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:LHO)
biz.yahoo.com - January 23 at 6:35 PM
finance.yahoo.com logoLaSalle Hotel Properties Announces Fourth Quarter Earnings Call To Be Held on February 23, 2017 (NYSE:LHO)
finance.yahoo.com - January 17 at 6:38 PM
marketexclusive.com logoLASALLE HOTEL PROPERTIES (NYSE:LHO) Files An 8-K Entry into a Material Definitive Agreement (NYSE:LHO)
marketexclusive.com - January 11 at 6:54 PM
finance.yahoo.com logo4:18 pm LaSalle Hotel refinances $1.05 billion of debt (NYSE:LHO)
finance.yahoo.com - January 10 at 7:08 PM
biz.yahoo.com logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure (NYSE:LHO)
biz.yahoo.com - January 10 at 7:08 PM
marketexclusive.com logoAnalyst Activity – Stifel Nicolaus Raises Its Price Target On LaSalle Hotel Properties (NYSE:LHO) to $28.50 (NYSE:LHO)
marketexclusive.com - January 6 at 6:57 PM
seekingalpha.com logoPebblebrook Hotel Trust: Market Has It All Wrong, 35% Upside For This REIT (NYSE:LHO)
seekingalpha.com - January 3 at 9:58 PM
seekingalpha.com logoLa Salle Hotel Properties: A View From The Perspective Of A Preferred Investor (NYSE:LHO)
seekingalpha.com - January 2 at 9:52 AM
nasdaq.com logoCash Dividend On The Way From LaSalle Hotel Properties's 6.375% Series I Cumulative Redeemable Preferred Shares (NYSE:LHO)
www.nasdaq.com - December 27 at 6:13 PM
forbes.com logoEx-Dividend Reminder: Boston Properties, LaSalle Hotel Properties and New Residential Investment (NYSE:LHO)
www.forbes.com - December 27 at 11:25 AM
marketexclusive.com logoAnalyst Activity – Canaccord Genuity Reiterates Hold on LaSalle Hotel Properties (NYSE:LHO) (NYSE:LHO)
marketexclusive.com - December 25 at 10:17 AM
News IconLaSalle Hotel Properties (LHO) Position Held by PGGM Investments (NYSE:LHO)
thecelebritytruth.com - December 21 at 7:01 AM
nasdaq.com logoLaSalle Hotel Properties' Series I Preferred Shares Cross 6.5% Yield Mark (NYSE:LHO)
www.nasdaq.com - December 20 at 11:54 AM
News IconAnalysts Take: LaSalle Hotel Properties (NYSE:LHO) Projected Earnings & Price Targets (NYSE:LHO)
baddgoddess.com - December 17 at 6:38 PM
News IconNomura Initiates Coverage on LaSalle Hotel Properties (LHO) (NYSE:LHO)
flapship.com - December 16 at 11:54 PM
News IconLaSalle Hotel Properties (LHO) Downgraded by Wells Fargo & Co (NYSE:LHO)
myhealthbowl.com - December 16 at 11:54 PM
streetinsider.com logoLasalle Hotel Properties (LHO) Declares $0.45 Quarterly Dividend; 5.9% Yield (NYSE:LHO)
www.streetinsider.com - December 16 at 6:51 PM
finance.yahoo.com logoLaSalle Hotel Properties Declares Dividend for the Fourth Quarter 2016 (NYSE:LHO)
finance.yahoo.com - December 15 at 6:55 PM
marketexclusive.com logoAnalyst Activity – Nomura Initiates Coverage On LaSalle Hotel Properties (NYSE:LHO) With a Neutral (NYSE:LHO)
marketexclusive.com - December 14 at 6:55 PM
insidermonkey.com logoShould You Avoid LaSalle Hotel Properties (LHO)? (NYSE:LHO)
www.insidermonkey.com - December 14 at 6:55 PM
us.rd.yahoo.com logoLaSalle Hotel downgraded by Wells Fargo (NYSE:LHO)
us.rd.yahoo.com - December 13 at 6:43 PM
News IconInsider Action: Leonard Hartley Insider Selling for 10,000 Shares of LaSalle Hotel Properties (NYSE:LHO) (NYSE:LHO)
www.whatsonthorold.com - December 9 at 6:19 PM
capitalcube.com logoETFs with exposure to LaSalle Hotel Properties : December 8, 2016 (NYSE:LHO)
www.capitalcube.com - December 8 at 6:52 PM
News IconLaSalle Hotel Properties (NYSE:LHO) Reviewed By Analysts (NYSE:LHO)
vouxmagazine.com - December 3 at 5:38 PM
capitalcube.com logoETF’s with exposure to LaSalle Hotel Properties : November 10, 2016 (NYSE:LHO)
www.capitalcube.com - November 10 at 5:33 PM
capitalcube.com logoLaSalle Hotel Properties breached its 50 day moving average in a Bullish Manner : LHO-US : November 10, 2016 (NYSE:LHO)
www.capitalcube.com - November 10 at 8:32 AM
stocksdaily.net logoAnalysts Give $17 to $28 Target On LaSalle Hotel Properties (NYSE:LHO) (NYSE:LHO)
www.stocksdaily.net - November 8 at 5:29 PM
capitalcube.com logoLaSalle Hotel Properties :LHO-US: Earnings Analysis: Q3, 2016 By the Numbers : November 8, 2016 (NYSE:LHO)
www.capitalcube.com - November 8 at 5:29 PM
nasdaq.com logoWhy LaSalle Hotel Properties Is a Top 10 REIT Stock With 7.25% Yield (LHO) (NYSE:LHO)
www.nasdaq.com - October 26 at 9:16 AM
finance.yahoo.com logoLASALLE HOTEL PROPERTIES Financials (NYSE:LHO)
finance.yahoo.com - October 25 at 5:56 PM
News IconLaSalle Hotel Properties (LHO) Announces Quarterly Earnings Results (NYSE:LHO)
myhealthbowl.com - October 22 at 5:35 PM
News IconLaSalle Hotel Properties Reports Third Quarter 2016 Results (NYSE:LHO)
www.hotelnewsresource.com - October 21 at 9:19 AM

Social

What is LaSalle Hotel Properties' stock symbol?

LaSalle Hotel Properties trades on the New York Stock Exchange (NYSE) under the ticker symbol "LHO."

How often does LaSalle Hotel Properties pay dividends? What is the dividend yield for LaSalle Hotel Properties?

LaSalle Hotel Properties declared a quarterly dividend on Thursday, December 15th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.45 per share on Tuesday, January 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.26%. The ex-dividend date is Wednesday, December 28th.

Where is LaSalle Hotel Properties' stock going? Where will LaSalle Hotel Properties' stock price be in 2017?

15 equities research analysts have issued 1 year price targets for LaSalle Hotel Properties' shares. Their forecasts range from $21.00 to $33.00. On average, they expect LaSalle Hotel Properties' stock price to reach $26.81 in the next year.

When will LaSalle Hotel Properties announce their earnings?

LaSalle Hotel Properties is scheduled to release their next quarterly earnings announcement on Wednesday, April, 19th 2017.

Who owns LaSalle Hotel Properties stock?

LaSalle Hotel Properties' stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (4.89%), Dimensional Fund Advisors LP (1.37%), Edge Asset Management Inc. (1.06%), Russell Investments Group Ltd. (0.89%), Asset Management One Co. Ltd. (0.23%) and New York State Teachers Retirement System (0.21%). Company insiders that own LaSalle Hotel Properties stock include Alfred L Young, Bruce A Riggins, Michael D Barnello and William S Mccalmont.

Who sold LaSalle Hotel Properties stock? Who is selling LaSalle Hotel Properties stock?

LaSalle Hotel Properties' stock was sold by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Thrivent Financial for Lutherans, Asset Management One Co. Ltd., State Street Corp, Employees Retirement System of Texas, Independent Order of Foresters, New York State Teachers Retirement System and Foresters Investment Management Company Inc.. Company insiders that have sold LaSalle Hotel Properties stock in the last year include Alfred L Young, Bruce A Riggins, Michael D Barnello and William S Mccalmont.

Who bought LaSalle Hotel Properties stock? Who is buying LaSalle Hotel Properties stock?

LaSalle Hotel Properties' stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Shelton Capital Management, Renaissance Technologies LLC, Edge Asset Management Inc., Guggenheim Capital LLC, Teachers Retirement System of The State of Kentucky, Heitman Real Estate Securities LLC and Putnam Investments LLC.

How do I buy LaSalle Hotel Properties stock?

Shares of LaSalle Hotel Properties can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of LaSalle Hotel Properties stock cost?

One share of LaSalle Hotel Properties stock can currently be purchased for approximately $28.76.

LaSalle Hotel Properties (NYSE:LHO) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for LaSalle Hotel Properties (NYSE:LHO)

Earnings History Chart

Earnings by Quarter for LaSalle Hotel Properties (NYSE:LHO)

Dividend History Chart

Dividend Payments by Quarter for LaSalle Hotel Properties (NYSE:LHO)

Last Updated on 2/23/2017 by MarketBeat.com Staff