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: Hospitality REITs
  • Sub-Industry: Specialized REITs
  • Symbol: NYSE:LHO
  • CUSIP: 51794210
  • Web:
  • Market Cap: $3.25147 billion
  • Outstanding Shares: 113,213,000
Average Prices:
  • 50 Day Moving Avg: $28.35
  • 200 Day Moving Avg: $29.10
  • 52 Week Range: $23.05 - $31.87
  • Trailing P/E Ratio: 10.68
  • Foreward P/E Ratio: 11.78
  • P/E Growth: -0.80
Sales & Book Value:
  • Annual Revenue: $1.18 billion
  • Price / Sales: 2.77
  • Book Value: $22.30 per share
  • Price / Book: 1.29
  • Annual Dividend: $1.80
  • Dividend Yield: 6.3%
  • EBIDTA: $371.93 million
  • Net Margins: 27.85%
  • Return on Equity: 13.05%
  • Return on Assets: 8.48%
  • Debt-to-Equity Ratio: 0.44%
  • Current Ratio: 3.34%
  • Quick Ratio: 3.34%
  • Average Volume: 1.00 million shs.
  • Beta: 1.17
  • Short Ratio: 10

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 declared a quarterly dividend on Friday, September 15th. Investors of record on Friday, September 29th will be paid a dividend of $0.45 per share on Monday, October 16th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 6.24%. The ex-dividend date is Thursday, September 28th. View LaSalle Hotel Properties' Dividend History.

How will LaSalle Hotel Properties' stock buyback program work?

LaSalle Hotel Properties announced that its board has authorized a stock buyback program on Saturday, April 8th 2017, which authorizes the company to buyback $500,000,000.00 in 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 often an indication that the company's board of directors believes its stock is undervalued.

How were LaSalle Hotel Properties' earnings last quarter?

LaSalle Hotel Properties (NYSE:LHO) posted its earnings results on Wednesday, July, 19th. The company reported $0.81 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.82 by $0.01. The firm earned $307.04 million during the quarter, compared to analysts' expectations of $318.94 million. LaSalle Hotel Properties had a return on equity of 13.05% and a net margin of 27.85%. The company's quarterly revenue was down 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.95 EPS. 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 Wednesday, October, 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?

13 brokers have issued twelve-month price objectives for LaSalle Hotel Properties' shares. Their forecasts range from $21.00 to $35.00. On average, they expect LaSalle Hotel Properties' stock price to reach $28.46 in the next twelve months. View Analyst Ratings for LaSalle Hotel Properties.

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:

  • Stuart L. Scott J.D., Independent Chairman of the Board of Trustees
  • Michael D. Barnello, President, Chief Executive Officer, Trustee
  • Kenneth G. Fuller, Chief Financial Officer, Executive Vice President, Treasurer, Secretary
  • Alfred L. Young, Chief Operating Officer, Executive Vice President
  • Denise M. Coll, Independent Trustee
  • Jeffrey T. Foland, Independent Trustee
  • Darryl W. Hartley-Leonard, Independent Trustee
  • Jeffrey L. Martin, Independent Trustee
  • Donald Arthur Washburn, Independent Trustee

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 Vanguard Group Inc. (17.75%), BlackRock Inc. (13.14%), Lasalle Investment Management Securities LLC (5.27%), State Street Corp (5.10%), Goldman Sachs Group Inc. (4.27%) and AJO LP (3.97%). 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 AJO LP, Lasalle Investment Management Securities LLC, Russell Investments Group Ltd., Citadel Advisors LLC, BTIM Corp., New York State Common Retirement Fund, Thrivent Financial For Lutherans and Ameriprise Financial Inc.. 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 Brookfield Asset Management Inc., Principal Financial Group Inc., Vanguard Group Inc., William Blair Investment Management LLC, BlackRock Inc., Frontier Investment Mgmt Co., Northern Trust Corp and Goldman Sachs Group Inc.. 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.

What is LaSalle Hotel Properties' stock price today?

One share of LaSalle Hotel Properties stock can currently be purchased for approximately $28.85.

MarketBeat Community Rating for LaSalle Hotel Properties (NYSE LHO)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  436 (Vote Underperform)
Total Votes:  624
MarketBeat's community ratings are surveys of what our community members think about LaSalle Hotel Properties and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for LaSalle Hotel Properties (NYSE:LHO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 10 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.92)
Consensus Price Target: $28.46 (1.36% downside)

Analysts' Ratings History for LaSalle Hotel Properties (NYSE:LHO)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/25/2017Robert W. BairdSet Price TargetHold$31.00LowView Rating Details
8/24/2017Boenning ScattergoodDowngradeOutperform -> NeutralLowView Rating Details
8/2/2017Goldman Sachs Group, Inc. (The)DowngradeNeutral -> Sell$25.00 -> $24.00HighView Rating Details
7/21/2017Deutsche Bank AGLower Price TargetHold$28.00 -> $27.00LowView Rating Details
4/23/2017Barclays PLCReiterated RatingUnderweight$27.00 -> $28.00HighView 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 & CompanyDowngradeOutperform -> Market PerformN/AView Rating Details
11/15/2016Morgan StanleyReiterated RatingEqual Weight$22.00 -> $21.00N/AView Rating Details
10/5/2016Citigroup Inc.Reiterated RatingHold$24.00N/AView Rating Details
8/25/2016BTIG ResearchInitiated CoverageNeutralN/AView Rating Details
7/21/2016Credit Suisse GroupDowngradeOutperform -> Neutral$26.00 -> $25.00N/AView Rating Details
5/23/2016Janney Montgomery ScottInitiated CoverageNeutral$26.00 -> $24.00N/AView Rating Details
5/20/2016Bank of America CorporationReiterated 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
10/26/2015SunTrust Banks, Inc.Lower Price Target$37.00 -> $32.00N/AView Rating Details
(Data available from 9/21/2015 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
10/17/2017$0.35N/AView Earnings Details
7/19/2017Q2 2017$0.82$0.81$318.94 million$307.04 millionViewN/AView Earnings Details
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: $2.47
2018 EPS Consensus Estimate: $2.43
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.42$0.43$0.43
Q2 20172$0.73$0.82$0.78
Q3 20172$0.67$0.75$0.71
Q4 20172$0.53$0.58$0.56
Q1 20182$0.30$0.41$0.36
Q2 20182$0.75$0.82$0.79
Q3 20182$0.66$0.79$0.73
Q4 20182$0.54$0.58$0.56
(Data provided by Zacks Investment Research)


Current Dividend Information for LaSalle Hotel Properties (NYSE:LHO)
Next Dividend:10/16/2017
Annual Dividend:$1.80
Dividend Yield:6.24%
Dividend Growth:26.90% (3 Year Average)
Payout Ratio:66.91% (Trailing 12 Months of Earnings)
70.87% (Based on This Year's Estimates)
73.47% (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: 0.38%
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 logoFirst Week of LHO November 17th Options Trading - September 20 at 2:05 AM logoA Modern Romance: Yield Hunters And Real Estate - September 18 at 7:57 PM logoLaSalle Hotel Properties (LHO) to Issue Quarterly Dividend of $0.45 - September 15 at 5:52 PM logoLaSalle Hotel Properties Declares Dividend for the Third Quarter 2017 - September 15 at 3:20 PM logoLaSalle Hotel Properties breached its 50 day moving average in a Bullish Manner : LHO-US : September 14, 2017 - September 15 at 5:42 AM logoLaSalle Hotel Properties (LHO) Given Average Recommendation of "Hold" by Brokerages - September 12 at 6:56 AM logoReviewing Ashford Hospitality Trust (AHT) and LaSalle Hotel Properties (LHO) - September 10 at 8:52 AM logo[$$] Lodging REITs Could Be Slammed by Hurricane Irma - September 5 at 9:06 PM logoAnalyzing LaSalle Hotel Properties (LHO) and Host Hotels & Resorts (HST) - September 3 at 12:04 PM logo Analysts Expect LaSalle Hotel Properties (LHO) Will Post Quarterly Sales of $294.68 Million - September 3 at 1:24 AM logo Brokerages Anticipate LaSalle Hotel Properties (LHO) to Announce $0.73 Earnings Per Share - September 1 at 10:10 PM logoLaSalle Hotel Properties (LHO) Given a $31.00 Price Target by Robert W. Baird Analysts - August 26 at 1:10 PM logoLaSalle Hotel Properties (LHO) Downgraded by BidaskClub to Sell - August 25 at 7:10 PM logoBoenning Scattergood Downgrades LaSalle Hotel Properties (LHO) to Neutral - August 24 at 8:46 AM logoContrasting Gaming and Leisure Properties (GLPI) & LaSalle Hotel Properties (LHO) - August 23 at 4:40 PM logoLaSalle Hotel Properties (LHO) Receives Average Recommendation of "Hold" from Brokerages - August 18 at 6:40 AM logo Brokerages Anticipate LaSalle Hotel Properties (NYSE:LHO) to Post $0.74 EPS - August 14 at 11:40 AM logoHead to Head Analysis: LaSalle Hotel Properties (LHO) & Sunstone Hotel Investors (SHO) - August 5 at 2:22 PM logoUPDATE: Goldman Sachs Downgrades LaSalle Hotel Properties (LHO) to Sell - August 4 at 12:17 AM logoContrasting Hersha Hospitality Trust (HT) and LaSalle Hotel Properties (LHO) - August 2 at 4:34 PM logoAnalyzing Summit Hotel Properties (INN) & LaSalle Hotel Properties (LHO) - July 31 at 12:35 AM logoLaSalle Hotel Properties (LHO) Expected to Announce Quarterly Sales of $294.68 Million - July 29 at 7:48 AM logo Brokerages Anticipate LaSalle Hotel Properties (LHO) Will Announce Earnings of $0.74 Per Share - July 27 at 9:02 AM logoETFs with exposure to LaSalle Hotel Properties : July 24, 2017 - July 25 at 2:36 AM logoLaSalle Hotel Properties (LHO) Receives Average Rating of "Hold" from Analysts - July 24 at 9:36 AM logoQ3 2017 Earnings Estimate for LaSalle Hotel Properties (LHO) Issued By Boenning Scattergood - July 24 at 7:30 AM logoBrokers Set Expectations for LaSalle Hotel Properties' Q3 2017 Earnings (NYSE:LHO) - July 24 at 7:28 AM logoLaSalle Hotel Properties breached its 50 day moving average in a Bearish Manner : LHO-US : July 21, 2017 - July 22 at 6:03 AM logoLaSalle Hotel Properties (LHO) Given New $27.00 Price Target at Deutsche Bank AG - July 21 at 11:06 PM logoLaSalle Hotel Properties' (LHO) CEO Michael Barnello on Q2 2017 Results - Earnings Call Transcript - July 21 at 1:21 AM logoEdited Transcript of LHO earnings conference call or presentation 20-Jul-17 3:00pm GMT - July 21 at 1:21 AM logoLaSalle Hotel Properties Reports Second Quarter 2017 Results - July 20 at 12:19 AM logoLaSalle Hotel Properties reports 2Q results - July 20 at 12:19 AM logoLaSalle Hotel Properties (NYSE:LHO) Issues Earnings Results, Beats Estimates By $0.38 EPS - July 19 at 9:16 PM logoShould You Buy LaSalle Hotel Properties (LHO) Ahead of Earnings? - July 18 at 4:38 PM logoLaSalle Hotel Properties (LHO) Set to Announce Quarterly Earnings on Wednesday - July 17 at 7:52 AM logoETFs with exposure to LaSalle Hotel Properties : July 14, 2017 - July 15 at 5:40 AM logoLaSalle Hotel Properties breached its 50 day moving average in a Bearish Manner : LHO-US : July 11, 2017 - July 12 at 2:16 AM logo$316.73 Million in Sales Expected for LaSalle Hotel Properties (LHO) This Quarter - July 5 at 12:12 PM logo Analysts Expect LaSalle Hotel Properties (NYSE:LHO) to Announce $0.82 EPS - July 3 at 10:16 AM logoQ3 2017 EPS Estimates for LaSalle Hotel Properties Lowered by Boenning Scattergood (LHO) - June 29 at 8:05 AM logoEquities Analysts Offer Predictions for LaSalle Hotel Properties' Q2 2017 Earnings (LHO) - June 28 at 7:30 AM logoReminder: LaSalle Hotel Properties's 6.3% Series J Cumulative Redeemable Preferred Shares Goes Ex-Dividend Soon - June 26 at 8:14 PM logoLaSalle Hotel Properties Announces Second Quarter Earnings Call To Be Held on July 20, 2017 - June 26 at 8:14 PM logoLaSalle Hotel Properties (LHO) Receives Neutral Rating from Robert W. Baird - June 16 at 7:38 PM logoComparing Chatham Lodging Trust (REIT) (CLDT) and LaSalle Hotel Properties (LHO) - June 16 at 6:08 PM logoETFs with exposure to LaSalle Hotel Properties : June 15, 2017 - June 16 at 7:18 AM logoLaSalle Hotel Properties (LHO) Announces Quarterly Dividend of $0.45 - June 15 at 4:56 PM logoLaSalle Hotel Properties (LHO) Upgraded at BidaskClub - June 13 at 11:04 PM logoLaSalle Hotel Properties (LHO) Raised to Hold at Zacks Investment Research - June 11 at 6:32 PM



LaSalle Hotel Properties (LHO) Chart for Thursday, September, 21, 2017

This page was last updated on 9/21/2017 by Staff