NYSE:LHO LaSalle Hotel Properties (LHO) Stock Price, News & Analysis → $21,000 in profits in six weeks? (From InvestorPlace) (Ad) Free LHO Stock Alerts Notice: This company has been marked as potentially delisted and may not be actively trading. Add Compare Share Share Today's Range$31.36▼$32.4950-Day Range N/A52-Week Range$24.10▼$36.13Volume13.58 million shsAverage Volume3.07 million shsMarket Capitalization$3.54 billionP/E Ratio12.98Dividend Yield3.52%Price TargetN/A Stock AnalysisStock Analysis Get LaSalle Hotel Properties alerts: Email Address Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story About LaSalle Hotel Properties Stock (NYSE:LHO)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.Read More Ad DTIBiden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereClick here for the full story LHO Stock News HeadlinesApril 3, 2024 | yahoo.comJohnson greenlights four ‘LaSalle Reimagined’ sites to build downtown residencesFebruary 21, 2024 | wsj.comSummit Hotel Properties Inc. 6.25% Cum. Redeem. Pfd. Series EMay 7, 2024 | InvestorPlace (Ad)The 2024 crypto bull run has already started — don’t get left behindOne of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. A newly approved government regulation is set to flood trillions of dollars into the crypto markets, leading to the FINAL crypto bull run. One of the "Kings of Crypto" has revealed five tiny cryptos that could soar over the course of 2024. Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.January 23, 2024 | bizjournals.comLaSalle Plaza lands 5 new leases under new owner HempelJanuary 13, 2024 | morningstar.comHotel Properties Ltd H15June 29, 2023 | msn.comLaSalle Plaza in downtown Minneapolis sells at a steep discountJune 28, 2023 | msn.comDowntown Minneapolis' LaSalle Plaza trades at a steep discountJune 27, 2023 | bizjournals.comHempel buys LaSalle Plaza in downtown MinneapolisMay 7, 2024 | InvestorPlace (Ad)The 2024 crypto bull run has already started — don’t get left behindOne of the first ever crypto millionaires who bought Bitcoin when it was trading for just $5 in 2011 is back with his next huge prediction. A newly approved government regulation is set to flood trillions of dollars into the crypto markets, leading to the FINAL crypto bull run. One of the "Kings of Crypto" has revealed five tiny cryptos that could soar over the course of 2024. Potentially resulting in gains as big as 10X, 50X, or even 100X over the next 12 months.May 2, 2023 | travel.usnews.comChoice PrivilegesApril 19, 2023 | news.yahoo.comEditorial: Brandon Johnson should heed Lori Lightfoot’s plan for LaSalle StreetMarch 27, 2023 | bizjournals.comCBRE will close downtown Minneapolis office in LaSalle PlazaMarch 22, 2023 | finance.yahoo.comHIGHGATE AND FLYNN PROPERTIES ACQUIRE THE HUNTINGTON HOTELMarch 17, 2023 | fool.comThis Hotel Chain Has Spring Break Deals of Up to 20% for Select Properties Through June 3February 27, 2023 | finance.yahoo.comHotel Properties Full Year 2022 Earnings: EPS: S$0.13 (vs S$0.042 loss in FY 2021)February 2, 2023 | bizjournals.comLocal hotel industry faces some challengesJanuary 13, 2023 | benzinga.comWrkspot Introduces Integration With Choice Hotels' Property Management System SoftwareDecember 27, 2022 | thestreet.comAccor to Separate Property Unit Before Selling Majority StakeSeptember 12, 2022 | msn.comMarriott acquiring LaSalle Hotel as tribute propertyMarch 20, 2022 | msn.comDowntown Dallas landmark skyscraper is selling new apartment unitsSee More Headlines Receive LHO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for LaSalle Hotel Properties and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/09/2018Today5/06/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorFinance Industry Real Estate Investment Trusts Sub-IndustrySpecialized REITs Current SymbolNYSE:LHO CUSIP51794210 CIK1053532 Webwww.lasallehotels.com Phone301-941-1500FaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)$2.47 Trailing P/E Ratio12.98 Forward P/E Ratio13.82 P/E Growth2.76Net Income$195.03 million Net Margins-3.94% Pretax MarginN/A Return on Equity3.56% Return on Assets2.28% Debt Debt-to-Equity Ratio0.47 Current Ratio1.97 Quick Ratio1.97 Sales & Book Value Annual Sales$1.10 billion Price / Sales3.20 Cash Flow$3.49 per share Price / Cash Flow9.18 Book Value$21.87 per share Price / Book1.47Miscellaneous Outstanding Shares110,400,000Free FloatN/AMarket Cap$3.54 billion OptionableOptionable Beta0.99 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Michael D. Barnello (Age 53)Pres, CEO & Trustee Mr. Kenneth G. Fuller (Age 40)CFO, Exec. VP, Sec. & Treasurer Mr. Alfred L. Young Jr. (Age 50)Exec. VP & COO Mr. Ian GaumChief Investment OfficerMr. Max D. LeinweberVP of Fin. & Asset ManagementKey CompetitorsSabra Health Care REITNASDAQ:SBRAEPR PropertiesNYSE:EPRMedical Properties TrustNYSE:MPWNational Health InvestorsNYSE:NHIDiamondRock HospitalityNYSE:DRHView All Competitors LHO Stock Analysis - Frequently Asked Questions How were LaSalle Hotel Properties' earnings last quarter? LaSalle Hotel Properties (NYSE:LHO) announced its quarterly earnings data on Thursday, August, 9th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.49. The real estate investment trust had revenue of $304.60 million for the quarter, compared to analyst estimates of $300.86 million. LaSalle Hotel Properties had a positive trailing twelve-month return on equity of 3.56% and a negative net margin of 3.94%. LaSalle Hotel Properties's revenue for the quarter was down .8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.81 EPS. Is LaSalle Hotel Properties a good dividend stock? 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. What other stocks do shareholders of LaSalle Hotel Properties own? 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). This page (NYSE:LHO) was last updated on 5/7/2024 by MarketBeat.com Staff From Our PartnersBiden’s $374B Giveaway Into This SectorDTIAI “wealth window” is closing June 25thParadigm PressThe 2024 crypto bull run has already started — don’t get left behindInvestorPlaceThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe asset beating inflation by 4xColonial MetalsCould Your Accounts Be Frozen?Allegiance GoldHe Is Giving Away BitcoinCrypto Swap ProfitsElon to Transform U.S. Economy? Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding LaSalle Hotel Properties Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
