NYSE:LHO - LaSalle Hotel Properties Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$32.06 -0.39 (-1.20 %)
(As of 02/21/2019 06:38 AM ET)
Previous Close$32.45
Today's Range$31.36 - $32.49
52-Week Range$24.10 - $36.13
Volume13.58 million shs
Average Volume3.07 million shs
Market Capitalization$3.54 billion
P/E Ratio12.98
Dividend Yield3.51%
LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The Company owns 41 properties, which are upscale, full-service hotels, totaling approximately 10,400 guest rooms in 11 markets in seven states and the District of Columbia. The Company focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets. LaSalle Hotel Properties seeks to grow through strategic relationships with premier lodging groups, including Access Hotels & Resorts, Accor, Benchmark Hospitality, Davidson Hotel Company, Evolution Hospitality, HEI Hotels & Resorts, Highgate Hotels, Hilton, Hyatt Hotels Corporation, IHG, JRK Hotel Group, Inc., Marriott International, Noble House Hotels & Resorts, Outrigger Lodging Services, Provenance Hotels, Two Roads Hospitality, and Viceroy Hotel Group.

Receive LHO News and Ratings via Email

Sign-up to receive the latest news and ratings for LHO and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs



Sales & Book Value

Annual Sales$1.10 billion
Cash Flow$3.4924 per share
Book Value$21.87 per share


Net Income$195.03 million


Market Cap$3.54 billion

LaSalle Hotel Properties (NYSE:LHO) Frequently Asked Questions

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 Friday, June 15th. Investors of record on Friday, June 29th will be paid a dividend of $0.225 per share on Monday, July 16th. This represents a $0.90 annualized dividend and a yield of 2.81%. The ex-dividend date is Thursday, June 28th. View LaSalle Hotel Properties' Dividend History.

How will LaSalle Hotel Properties' stock buyback program work?

LaSalle Hotel Properties announced that its board has initiated a stock repurchase program on Saturday, April 8th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 14.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

How were LaSalle Hotel Properties' earnings last quarter?

LaSalle Hotel Properties (NYSE:LHO) posted its quarterly earnings results on Thursday, August, 9th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.77 by $0.49. The real estate investment trust earned $304.60 million during the quarter, compared to analysts' expectations of $300.86 million. LaSalle Hotel Properties had a negative net margin of 3.94% and a positive return on equity of 3.56%. The firm's quarterly revenue was down .8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 earnings per share. View LaSalle Hotel Properties' Earnings History.

What price target have analysts set for LHO?

10 brokers have issued 12-month price targets for LaSalle Hotel Properties' stock. Their predictions range from $24.00 to $39.00. On average, they expect LaSalle Hotel Properties' share price to reach $30.4375 in the next year. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for LaSalle Hotel Properties.

What is the consensus analysts' recommendation for LaSalle Hotel Properties?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for LaSalle Hotel Properties in the last year. There are currently 9 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for LaSalle Hotel Properties.

What are Wall Street analysts saying about LaSalle Hotel Properties stock?

Here are some recent quotes from research analysts about LaSalle Hotel Properties stock:
  • 1. According to Zacks Investment Research, "Lasalle Hotel Properties, which intends to operate as a real estate investment trust for federal income tax purposes, has been formed to own hotel properties and to continue and expand the hotel investment activities of LaSalle Partners Incorporated and certain of its affiliates collectively, LaSalle. LaSalle is an institutionally respected real estate services and investment firm which has extensive experience in the acquisition, investment management, finance, development and disposition of hotel properties. " (8/10/2018)
  • 2. Boenning Scattergood analysts commented, "We remain Underperform-rated on LHO shares, but believe further weakness could eventually entice potential bidders for this high-quality portfolio. Key Points: FFO In-Line: LHO reported fourth quarter Adjusted FFO of $0.53 per share, in-line with both consensus and B&S. Full year Adjusted FFO was $2.47 per share compared to $2.90 in 2016, a 14.8% decline." (2/22/2018)

Has LaSalle Hotel Properties been receiving favorable news coverage?

Press coverage about LHO stock has trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. LaSalle Hotel Properties earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

Who are some of LaSalle Hotel Properties' key competitors?

Who are LaSalle Hotel Properties' key executives?

LaSalle Hotel Properties' management team includes the folowing people:
  • Mr. Michael D. Barnello, Pres, CEO & Trustee (Age 53)
  • Mr. Kenneth G. Fuller, CFO, Exec. VP, Sec. & Treasurer (Age 40)
  • Mr. Alfred L. Young Jr., Exec. VP & COO (Age 50)
  • Mr. Ian Gaum, Chief Investment Officer
  • Mr. Max D. Leinweber, VP of Fin. & Asset Management

How do I buy shares of LaSalle Hotel Properties?

Shares of LHO 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, Scottrade, Fidelity and Charles Schwab.

What is LaSalle Hotel Properties' stock price today?

One share of LHO stock can currently be purchased for approximately $32.06.

How big of a company is LaSalle Hotel Properties?

LaSalle Hotel Properties has a market capitalization of $3.54 billion and generates $1.10 billion in revenue each year. The real estate investment trust earns $195.03 million in net income (profit) each year or $2.47 on an earnings per share basis. LaSalle Hotel Properties employs 36 workers across the globe.

What is LaSalle Hotel Properties' official website?

The official website for LaSalle Hotel Properties is http://www.lasallehotels.com.

How can I contact LaSalle Hotel Properties?

LaSalle Hotel Properties' mailing address is 7550 WISCONSIN AVE 10TH FLOOR, BETHESDA MD, 20814. The real estate investment trust can be reached via phone at 301-941-1500 or via email at [email protected]

MarketBeat Community Rating for LaSalle Hotel Properties (NYSE LHO)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  579 (Vote Underperform)
Total Votes:  837
MarketBeat's community ratings are surveys of what our community members think about LaSalle Hotel Properties and other stocks. Vote "Outperform" if you believe LHO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LHO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel