LaSalle Hotel Properties (LHO) Stock Price, News & Analysis

LaSalle Hotel Properties (NYSE:LHO) released its earnings results on Thursday, August, 9th. The real estate investment trust reported $0.28 EPS for the quarter, missing the consensus estimate of $0.77 by $0.49. The real estate investment trust earned $304.60 million during the quarter, compared to analyst estimates of $300.86 million. LaSalle Hotel Properties had a negative net margin of 3.94% and a positive trailing twelve-month return on equity of 3.56%. The business's revenue for the quarter was down .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 earnings per share.

LaSalle Hotel Properties (NYSE:LHO) pays an annual dividend of $1.13 per share and currently has a dividend yield of 3.51%. The dividend payout ratio is 45.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LHO will have a dividend payout ratio of 47.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LHO.

Based on aggregate information from My MarketBeat watchlists, some companies that other LaSalle Hotel Properties investors own include Hawkins (HWKN), Apple Hospitality REIT (APLE), Xtrackers California Municipal Bond ETF (CA), Bank of America (BAC), BlackRock (BLK), Walt Disney (DIS), Hersha Hospitality Trust (HT), Citigroup (C), Ford Motor (F) and Alphabet (GOOG).