LaSalle Hotel Properties Company Profile (NYSE:LHO)

About LaSalle Hotel Properties (NYSE:LHO)

LaSalle Hotel Properties logoLaSalle Hotel Properties is a self-administered and self-managed real estate investment trust. The Company primarily buys, owns, redevelops and leases upscale and luxury full-service hotels located in convention, resort and urban business markets. As of December 31, 2016, the Company owned interests in 46 hotels with approximately 11,450 guest rooms located in nine states of the United States and the District of Columbia (DC). As of December 31, 2016, the Company's properties included Hotel Amarano Burbank; Hilton San Diego Gaslamp Quarter; Hotel Solamar; San Diego Paradise Point Resort and Spa; The Hilton San Diego Resort and Spa; Harbor Court Hotel; The Marker San Francisco; Chamberlain West Hollywood; Le Montrose Suite Hotel; The Grafton on Sunset; Hotel George; Hotel Rouge; Mason & Rook Hotel; The Donovan; The Liaison Capitol Hill; The Marker Waterfront Resort; Hotel Chicago; Onyx Hotel; Park Central Hotel New York; The Heathman Hotel; Westin Philadelphia, and Lansdowne Resort.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: Specialized REITs
  • Symbol: NYSE:LHO
  • CUSIP: 51794210
  • Web:
  • Market Cap: $3.24 billion
  • Outstanding Shares: 113,219,000
Average Prices:
  • 50 Day Moving Avg: $28.82
  • 200 Day Moving Avg: $29.13
  • 52 Week Range: $21.56 - $31.87
  • Trailing P/E Ratio: 10.65
  • Foreward P/E Ratio: 31.82
  • P/E Growth: -0.82
Sales & Book Value:
  • Annual Revenue: $1.22 billion
  • Price / Sales: 2.66
  • Book Value: $22.84 per share
  • Price / Book: 1.25
  • Annual Dividend: $1.80
  • Dividend Yield: 6.3%
  • EBIDTA: $388.39 million
  • Net Margins: 20.49%
  • Return on Equity: 10.61%
  • Return on Assets: 6.38%
  • Debt-to-Equity Ratio: 0.43%
  • Current Ratio: 1.02%
  • Quick Ratio: 1.02%
  • Average Volume: 1.45 million shs.
  • Beta: 1.17
  • Short Ratio: 7.55

Frequently Asked Questions for LaSalle Hotel Properties (NYSE:LHO)

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 announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.45 per share on Monday, April 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date of this dividend is Wednesday, March 29th. View LaSalle Hotel Properties' Dividend History.

How will LaSalle Hotel Properties' stock buyback program work?

LaSalle Hotel Properties declared that its board has approved a stock buyback plan on Saturday, April 8th 2017, which allows the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board believes its stock is undervalued.

How were LaSalle Hotel Properties' earnings last quarter?

LaSalle Hotel Properties (NYSE:LHO) issued its quarterly earnings data on Wednesday, October, 19th. The company reported $0.84 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.87 by $0.03. The business had revenue of $326.90 million for the quarter, compared to the consensus estimate of $328.95 million. LaSalle Hotel Properties had a return on equity of 10.61% and a net margin of 20.49%. The company's revenue was down .8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.87 earnings per share. View LaSalle Hotel Properties' Earnings History.

When will LaSalle Hotel Properties make its next earnings announcement?

LaSalle Hotel Properties is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for LaSalle Hotel Properties.

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

14 analysts have issued twelve-month target prices for LaSalle Hotel Properties' stock. Their forecasts range from $21.00 to $35.00. On average, they expect LaSalle Hotel Properties' share price to reach $28.32 in the next year. View Analyst Ratings for LaSalle Hotel Properties.

Who are some of LaSalle Hotel Properties' key competitors?

Who owns LaSalle Hotel Properties stock?

LaSalle Hotel Properties' stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (17.00%), BlackRock Inc. (12.73%), Wellington Management Group LLP (6.85%), Morgan Stanley (6.16%), Lasalle Investment Management Securities LLC (5.63%) and State Street Corp (4.93%). Company insiders that own LaSalle Hotel Properties stock include Alfred L Young, Bruce A Riggins, Michael D Barnello and William S Mccalmont. View Institutional Ownership Trends for LaSalle Hotel Properties.

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 JPMorgan Chase & Co., Wellington Management Group LLP, Goldman Sachs Group Inc., Prudential Financial Inc., Nationwide Fund Advisors, Ameriprise Financial Inc., Schroder Investment Management Group and Advantus Capital Management Inc. Company insiders that have sold LaSalle Hotel Properties stock in the last year include Alfred L Young and Michael D Barnello. View Insider Buying and Selling for LaSalle Hotel Properties.

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

LaSalle Hotel Properties' stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Morgan Stanley, Massachusetts Financial Services Co. MA, Teachers Advisors LLC, LSV Asset Management, Lasalle Investment Management Securities LLC and Geode Capital Management LLC. View Insider Buying and Selling for LaSalle Hotel Properties.

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 $28.64.

Analyst Ratings

Consensus Ratings for LaSalle Hotel Properties (NYSE:LHO) (?)
Ratings Breakdown: 1 Sell Rating, 11 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.07)
Consensus Price Target: $28.32 (1.12% downside)

Analysts' Ratings History for LaSalle Hotel Properties (NYSE:LHO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/23/2017Barclays PLCReiterated RatingUnderweight$27.00 -> $28.00HighView Rating Details
4/18/2017Boenning ScattergoodReiterated RatingUnderperform -> Outperform$35.00LowView Rating Details
4/10/2017Goldman Sachs Group IncInitiated CoverageNeutral$27.00LowView Rating Details
2/14/2017Canaccord GenuityReiterated RatingHold$28.00N/AView Rating Details
1/9/2017Raymond James Financial, Inc.UpgradeMarket Perform -> Outperform$33.00N/AView Rating Details
1/6/2017Stifel NicolausBoost Price TargetHold$26.00 -> $28.50N/AView Rating Details
12/14/2016NomuraInitiated CoverageNeutral$31.00N/AView Rating Details
12/14/2016InstinetInitiated CoverageNeutral$31.00N/AView Rating Details
12/13/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
11/15/2016Morgan StanleyReiterated RatingEqual Weight$22.00 -> $21.00N/AView Rating Details
10/5/2016Citigroup IncReiterated RatingHold$24.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
7/21/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$26.00 -> $25.00N/AView Rating Details
6/26/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
5/23/2016Janney Montgomery ScottInitiated CoverageNeutral$26.00 -> $24.00N/AView Rating Details
5/20/2016Bank of America CorpReiterated RatingNeutral$26.00 -> $25.00N/AView Rating Details
4/12/2016Cowen and CompanyReiterated RatingMarket Perform$25.00N/AView Rating Details
3/21/2016Evercore ISIBoost Price Target$26.00N/AView Rating Details
2/22/2016Royal Bank of CanadaLower Price TargetSector Perform$32.00 -> $28.00N/AView Rating Details
1/19/2016Ladenburg Thalmann Financial ServicesDowngradeNeutral -> SellN/AView Rating Details
1/14/2016Robert W. BairdLower Price TargetNeutral$30.00 -> $28.00N/AView Rating Details
10/26/2015SunTrust Banks, Inc.Lower Price Target$37.00 -> $32.00N/AView Rating Details
7/23/2015MLV & Co.Reiterated RatingHold$40.00N/AView Rating Details
7/23/2015Evercore Partners Inc.Reiterated RatingBuy -> HoldN/AView Rating Details
(Data available from 5/24/2015 forward)


Earnings History for LaSalle Hotel Properties (NYSE:LHO)
Earnings by Quarter for LaSalle Hotel Properties (NYSE:LHO)
Earnings History by Quarter for LaSalle Hotel Properties (NYSE:LHO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416$0.63$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$0.60$0.21$269.20 million$269.00 millionViewListenView Earnings Details
10/22/2014Q314$0.79$0.84$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)


Earnings Estimates for LaSalle Hotel Properties (NYSE:LHO)
2017 EPS Consensus Estimate: $2.54
2018 EPS Consensus Estimate: $2.54
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.42$0.43$0.43
Q2 20172$0.73$0.89$0.81
Q3 20172$0.68$0.78$0.73
Q4 20172$0.53$0.62$0.58
Q1 20182$0.32$0.41$0.37
Q2 20182$0.75$0.90$0.83
Q3 20182$0.70$0.83$0.77
Q4 20182$0.54$0.62$0.58
(Data provided by Zacks Investment Research)


Current Dividend Information for LaSalle Hotel Properties (NYSE:LHO)
Most Recent Dividend:4/17/2017
Annual Dividend:$1.80
Dividend Yield:6.28%
Dividend Growth:26.90% (3 Year Average)
Payout Ratio:86.12% (Trailing 12 Months of Earnings)
111.11% (Based on This Year's Estimates)
200.00% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for LaSalle Hotel Properties (NYSE:LHO)

Dividend History by Quarter for LaSalle Hotel Properties (NYSE:LHO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for LaSalle Hotel Properties (NYSE:LHO)
Insider Ownership Percentage: 0.54%
Insider Trades by Quarter for LaSalle Hotel Properties (NYSE:LHO)
Institutional Ownership by Quarter for LaSalle Hotel Properties (NYSE:LHO)
Insider Trades by Quarter for LaSalle Hotel Properties (NYSE:LHO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/27/2017Alfred L YoungCOOSell15,000$30.44$456,600.00View SEC Filing  
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)


Headline Trends for LaSalle Hotel Properties (NYSE:LHO)
Latest Headlines for LaSalle Hotel Properties (NYSE:LHO)
DateHeadline logoZacks: Analysts Expect LaSalle Hotel Properties (LHO) Will Announce Quarterly Sales of $316.73 Million - May 13 at 9:24 AM logoLaSalle Hotel Properties breached its 50 day moving average in a Bearish Manner : LHO-US : May 12, 2017 - May 12 at 6:56 PM logo Analysts Expect LaSalle Hotel Properties (LHO) to Post $0.82 Earnings Per Share - May 11 at 8:06 AM logoLaSalle Hotel Properties (LHO) Receives Average Rating of "Hold" from Brokerages - May 5 at 10:59 PM logoLaSalle Hotel Properties (LHO) Earns Media Sentiment Rating of 0.16 - May 4 at 1:22 AM logoLaSalle Hotel Properties breached its 50 day moving average in a Bearish Manner : LHO-US : May 1, 2017 - May 1 at 12:55 PM logoSomewhat Positive News Coverage Extremely Likely to Affect LaSalle Hotel Properties (LHO) Stock Price - April 30 at 2:41 PM logoLaSalle Hotel Properties (LHO) COO Sells $456,600.00 in Stock - April 29 at 1:09 AM logoSomewhat Favorable News Coverage Extremely Likely to Affect LaSalle Hotel Properties (LHO) Share Price - April 27 at 3:36 PM logoLaSalle Hotel Properties (LHO) Downgraded by Zacks Investment Research to "Sell" - April 27 at 1:06 AM logoLaSalle Hotel Properties (LHO) Earning Favorable Media Coverage, Analysis Finds - April 24 at 4:58 PM logoLaSalle Hotel Properties to Post Q3 2017 Earnings of $0.68 Per Share, SunTrust Banks Forecasts (LHO) - April 24 at 8:36 AM logoBarclays PLC Reiterates Underweight Rating for LaSalle Hotel Properties (LHO) - April 23 at 2:02 PM logo3 Secure Income Plays For 6.3% To 7.8% Yields - April 23 at 10:08 AM logoLaSalle Hotel Properties (LHO) Given Media Sentiment Rating of 0.15 - April 21 at 11:51 PM logoEdited Transcript of LHO earnings conference call or presentation 20-Apr-17 3:00pm GMT - April 21 at 6:08 PM logoLaSalle Hotel Properties' (LHO) CEO Mike Barnello on Q1 2017 Results - Earnings Call Transcript - April 20 at 11:31 PM logoLaSalle Hotel Properties breached its 50 day moving average in a Bullish Manner : LHO-US : April 20, 2017 - April 20 at 10:24 AM logo$0.85 EPS Expected for LaSalle Hotel Properties (LHO) This Quarter - April 20 at 8:59 AM logoLaSalle Hotel Properties Reports First Quarter 2017 Results - April 19 at 6:22 PM logoLaSalle Hotel Properties reports 1Q results - April 19 at 4:26 PM logoQ2 2017 EPS Estimates for LaSalle Hotel Properties Reduced by SunTrust Banks (LHO) - April 19 at 8:35 AM logoBoenning Scattergood Reaffirms Outperform Rating for LaSalle Hotel Properties (LHO) - April 18 at 11:52 PM logoSomewhat Positive Media Coverage Very Likely to Impact LaSalle Hotel Properties (LHO) Stock Price - April 18 at 6:05 PM logoShould You Sell LaSalle Hotel Properties (LHO) Before Earnings? - April 18 at 10:42 AM logoLaSalle Hotel Properties (LHO) Scheduled to Post Quarterly Earnings on Wednesday - April 17 at 9:46 AM logoSomewhat Favorable Media Coverage Somewhat Likely to Impact LaSalle Hotel Properties (LHO) Stock Price - April 15 at 5:15 PM logoBrokers Issue Forecasts for LaSalle Hotel Properties' Q1 2017 Earnings (LHO) - April 14 at 8:38 AM logoLaSalle Hotel Properties (LHO) Research Coverage Started at Boenning Scattergood - April 12 at 9:03 AM logoLaSalle Hotel Properties : LHO-US: Dividend Analysis : March 31st, 2017 (record date) : By the numbers : April 11, 2017 - April 11 at 6:12 PM logoLaSalle Hotel Properties (LHO) Given Consensus Rating of "Hold" by Brokerages - April 10 at 10:46 PM logoGoldman Sachs Group Inc Begins Coverage on LaSalle Hotel Properties (LHO) - April 10 at 12:34 PM logoGoldman Sachs Starts LaSalle Hotel Properties (LHO) at Neutral - April 10 at 10:42 AM logoShare Repurchase Program Authorized by LaSalle Hotel Properties (LHO) Board - April 8 at 8:34 AM logoThe new owner of Lansdowne Resort is a bit of a mystery - April 7 at 6:49 PM logoLaSalle Hotel Properties Announces Two Asset Sales; Under Contract to Sell a Third Hotel - April 4 at 8:01 AM logoLaSalle Hotel Properties Announces the Redemption of 7.5% Series H Cumulative Redeemable Preferred Shares - April 4 at 8:01 AM logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibit - April 4 at 8:01 AM logoLaSalle Hotel Properties Announces First Quarter Earnings Call To Be Held on April 20, 2017 - March 21 at 6:13 PM logoLaSalle: Time To Buy This Well-Managed REIT? - March 21 at 12:01 PM logoLaSalle Hotel Properties Declares Dividend for the First Quarter 2017 - March 15 at 6:31 PM logoEdited Transcript of LHO earnings conference call or presentation 23-Feb-17 7:00pm GMT - February 24 at 9:46 AM logoLaSalle Hotel Properties Earnings Call scheduled for 2:00 pm ET today - February 23 at 6:18 PM logo4:19 pm LaSalle Hotel reports FFO in-line, beats on revs - February 23 at 5:23 AM logoLASALLE HOTEL PROPERTIES Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and - February 23 at 5:23 AM logoLaSalle Hotel Properties FFO in-line, beats on revenue - February 22 at 6:26 PM logoLaSalle Hotel Properties Reports Fourth Quarter 2016 Results - February 22 at 6:26 PM logoExclusive: Heathman Hotel gets a new — and familiar — operator, tees up multimillon-dollar remodel - February 2 at 7:00 PM logoDeca Hotel's new owner plans big renovation for U District high-rise - February 1 at 7:07 PM logoLaSalle Hotel Properties Announces Sale of Hotel Deca in Seattle, WA - February 1 at 7:07 PM



LaSalle Hotel Properties (LHO) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by Staff