Hersha Hospitality Trust (HT)
| Market Cap | 446.11M |
| Revenue (ttm) | 133.69M |
| Net Income (ttm) | -158.52M |
| Shares Out | 38.97M |
| EPS (ttm) | -4.09 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.28 |
| Dividend Yield | 2.41% |
| Trading Day | May 7 |
| Last Price | $11.63 |
| Previous Close | $11.16 |
| Change ($) | 0.47 |
| Change (%) | 4.21% |
| Day's Open | 11.04 |
| Day's Range | 11.01 - 11.63 |
| Day's Volume | 363,492 |
| 52-Week Range | 3.62 - 13.05 |
Hersha Hospitality (HT) delivered FFO and revenue surprises of 25.00% and 4.72%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- First Quarter 2021 Net Income of $2.9 Million -- Property Level Cash Flow Increased to $3.7 Million in March -- First Quarter 2021 Occupancy Exceeds Fourth Quarter 2020 Occupancy by 1,300 Basis Points...
PHILADELPHIA, March 15, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, ...
- February Results Outperform Forecasts - - Asset Sale Closings for Two Hotels - - Announces First Quarter and Accrued Preferred Dividend Distribution -
Travel companies are beginning to see green shoots as coronavirus vaccines roll out around the world. Is there still time to get in?
- Fourth-Quarter 2020 COVID-19 Impact Loss of $1.16 Per Share -- Successfully Amends Senior Credit Facility -- Covenant Waivers Extended Through March 31, 2022 -- Closed $200 Million Unsecured Notes Pla...
- $200 Million Unsecured Notes Placement - - Successfully Amends Senior Credit Facility - - Covenant Waivers Extended Through March 31, 2022 - - Binding Sales Agreements on Six Hotels Totaling $216 Mill...
PHILADELPHIA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, t...
PHILADELPHIA, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, ...
PHILADELPHIA, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, t...
We have previously made the case for swapping from Ashford common shares to the preferred shares. We think the cautious investor could move further upscale, and trot into Hersha Hospitality.
PHILADELPHIA, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, t...
Hersha Hospitality Trust has proven itself to be an interesting REIT in recent years. The company's performance isn't bad, but it could certainly be better, especially now.
Hersha Hospitality Trust (HT) CEO Jay Shah on Q3 2020 Results - Earnings Call Transcript
Hersha Hospitality (HT) delivered FFO and revenue surprises of -6.98% and -21.64%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
The liquidity crisis of 2008-2009 hit REITs harder than most sectors.
iREIT’s recent article on Hersha Preferreds caused controversy and disbelief.
PHILADELPHIA, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and resort d...
Hersha Hospitality: Rising From The Ashes
Hersha Hospitality: Nice Execution, Keep Calm And Hang On To The Preferreds
Hersha (HT) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.
Hersha Hospitality Trust (HT) CEO Jay Shah on Q2 2020 Results - Earnings Call Transcript
The hotel owner's second-quarter results were terrible, so why did the REIT rally? It's all about the future now.
Hersha Hospitality (HT) delivered FFO and revenue surprises of -16.98% and -24.59%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- Hotel and Corporate Cash Burn Rates Better than Forecasted -- Monthly Occupancy Levels Improve During Quarter -- Open NYC Hotels Generate 61% Occupancy in the Second Quarter -- 33 of the Company’s 48 ...
PHILADELPHIA, July 08, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and resort ...
Investors are pushing the shares of hotel landlords higher again, but you should consider the bigger recovery picture.
REITs nearly tripled coming out of the 2008-2009 crisis.
Hersha Hospitality Trust's (HT) Management on Q1 2020 Results - Earnings Call Transcript
Hersha Hospitality (HT) delivered FFO and revenue surprises of -700.00% and -7.78%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Building A Winning Portfolio Part 3 - Hersha Hospitality's Preferred Offer Low Risk High Reward
- Amends Bank Credit Facility to Access $100 Million -- Obtains Full Covenant Waiver through March 31, 2021 -
PHILADELPHIA, March 19, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale and lifestyle hotels in urban gateway markets and resort...
PHILADELPHIA, March 05, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets an...
Hersha Hospitality Trust (HT) CEO Jay Shah on Q4 2019 Results - Earnings Call Transcript
Hersha Hospitality (HT) delivered FFO and revenue surprises of -3.77% and 0.67%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- Sale of Miami & NYC Hotels at Attractive EBITDA Multiple -- Sale of South Boston Joint Venture Interest - - Proceeds to be Utilized to Reduce Leverage -
Hersha Hospitality: 'Treasure Hunt Pick' For The Week
When High Yield And Dividend Safety Become Mutually Beneficial
PHILADELPHIA, Jan. 21, 2020 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets an...
Income hunters that made their way into real estate investment trusts (REITs) at the start of 2019 are rolling in more than rent checks right now.
PHILADELPHIA, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality upscale, luxury and lifestyle hotels in urban gateway markets and...
Hersha Hospitality CEO: 'Airbnb has definitely had an impact' on our business
"Mad Money's" Jim Cramer chats with Hersha Hospitality CEO Jay Shah about Airbnb's impact on the hotel industry and why he sees greener pastures ahead for the company.
Hersha Hospitality Trust (HT) CEO Jay Shah on Q3 2019 Results - Earnings Call Transcript
About HT
Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company's 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker ?HT.?
| Industry REIT-Hotel & Motel | IPO Date Jan 13, 1999 |
| CEO Jay Shah | Employees 32 |
| Stock Exchange NYSE | Ticker Symbol HT |
Financial Performance
In 2020, HT's revenue was $176.66 million, a decrease of -66.67% compared to the previous year's $529.96 million. Losses were -$166.35 million, 4,433.8% more than in 2019.
Analyst Forecasts
According to 12 analysts, the average rating for HT stock is "Hold." The 12-month stock price forecast is 11.50, which is a decrease of -1.12% from the latest price.