Hersha Hospitality Trust (HT)

NYSE: HT · IEX Real-Time Price · USD
10.94
0.44 (4.19%)
May 27, 2022 11:41 AM EDT - Market open
Market Cap450.63M
Revenue (ttm)330.69M
Net Income (ttm)-89.79M
Shares Out41.19M
EPS (ttm)-2.30
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume124,798
Open10.65
Previous Close10.50
Day's Range10.54 - 10.97
52-Week Range7.92 - 12.42
Beta2.24
AnalystsBuy
Price Target12.19 (+11.4%)
Earnings DateApr 27, 2022

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.?

IndustryEquity Real Estate Investment Trusts (REITs)
IPO DateJan 13, 1999
CEOJay Shah
Employees28
Stock ExchangeNYSE
Ticker SymbolHT
Full Company Profile

Financial Performance

In 2021, HT's revenue was $295.99 million, an increase of 67.55% compared to the previous year's $176.66 million. Losses were -$40.17 million, -75.85% less than in 2020.

Financial Statements

Analyst Forecast

According to 20 analysts, the average rating for HT stock is "Buy." The 12-month stock price forecast is 12.19, which is an increase of 11.43% from the latest price.

Price Target
$12.19
(11.43% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Hersha Hospitality Trust Announces Quarterly Dividends

PHILADELPHIA, May 27, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, to...

4 hours ago - GlobeNewsWire

Hersha Hospitality (HT) Now Trades Above Golden Cross: Time to Buy?

Is it a good or bad thing when a stock experiences a golden cross technical event?

1 week ago - Zacks Investment Research

Hersha Hospitality Trust to Sell Non-Core Urban Select Service Properties for $505 Million

– Accelerates Transformation with Focus on Resort, Luxury & Lifestyle and Destination-Orientated Portfolio – – Transaction Expected to Reduce Net Debt by $460-$480 million –

4 weeks ago - GlobeNewsWire

Hersha Hospitality (HT) Q1 FFO Beat Estimates

Hersha Hospitality (HT) delivered FFO and revenue surprises of 400% and 5.58%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

4 weeks ago - Zacks Investment Research

Hersha Hospitality Trust Announces First Quarter 2022 Results

- First Quarter 2022 Net Loss of $0.58 Per Share -

4 weeks ago - GlobeNewsWire

Does Hersha Hospitality (HT) Have the Potential to Rally 26% as Wall Street Analysts Expect?

The mean of analysts' price targets for Hersha Hospitality (HT) points to a 25.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among a...

1 month ago - Zacks Investment Research

Hersha Hospitality Trust to Report First Quarter 2022 Earnings on April 27, 2022

PHILADELPHIA, March 21, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, ...

2 months ago - GlobeNewsWire

Hersha Hospitality Trust Announces Quarterly Dividends

PHILADELPHIA, March 10, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, ...

2 months ago - GlobeNewsWire

Hersha Hospitality (HT) Beats Q4 FFO and Revenue Estimates

Hersha Hospitality (HT) delivered FFO and revenue surprises of 100% and 3.66%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Hersha Hospitality Trust Announces Fourth Quarter 2021 Results

- Fourth Quarter 2021 Net Loss of $0.48 Per Share -

3 months ago - GlobeNewsWire

Hersha Hospitality Trust Announces Dividend Classification for 2021

PHILADELPHIA, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high quality upscale hotels in urban gateway markets and coastal destinations, ...

4 months ago - GlobeNewsWire

Hersha Hospitality Trust Provides Operational Update

- December Property-Level Cash Flow of $9.7 Million - - December Property-Level Cash Flow of $9.7 Million -

4 months ago - GlobeNewsWire

Hersha Hospitality Trust to Report Fourth Quarter 2021 Earnings on February 16, 2022

PHILADELPHIA, Jan. 18, 2022 (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...

4 months ago - GlobeNewsWire

Investing in Hospitality REITs

Hospitality REITs can be a great way to generate passive income with commercial real estate if you're prepared to hold fast during seasonal swings.

Other symbols:APLEINNPEBPK
6 months ago - The Motley Fool

Hersha Hospitality (HT) Surpasses Q3 FFO Estimates

Hersha Hospitality (HT) delivered FFO and revenue surprises of 83.33% and -1.66%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Hersha Hospitality Trust Announces Third Quarter 2021 Results

- Third Quarter 2021 Net Loss of $0.51 Per Share -- Property Level Cash Flow Growth of 39% Compared to Second Quarter 2021 -- Comparable Portfolio GOP Margins Exceed Third Quarter 2019 –- Third Quarter ...

7 months ago - GlobeNewsWire

Hersha Hospitality Trust to Report Third Quarter 2021 Earnings on October 26, 2021

PHILADELPHIA, Sept. 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, ...

8 months ago - GlobeNewsWire

Hersha Hospitality (HT) Reports Q2 Loss, Tops Revenue Estimates

Hersha Hospitality (HT) delivered FFO and revenue surprises of 69.23% and 8.81%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Hersha Hospitality Trust Announces Second Quarter 2021 Results

- Second Quarter 2021 Net Loss of $0.73 Per Share -- Total Adjusted EBITDA Exceeds Internal Forecast by 98% -- Property Level Cash Flow of $18.3 Million -- Positive Corporate Level Cash Flow Achieved in...

9 months ago - GlobeNewsWire

Is a Surprise Coming for Hersha (HT) This Earnings Season?

Hersha (HT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

10 months ago - Zacks Investment Research

Hersha Hospitality Trust to Report Second Quarter 2021 Earnings on July 27, 2021

PHILADELPHIA, June 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...

11 months ago - GlobeNewsWire

Hersha Hospitality (HT) Reports Q1 Loss, Tops Revenue Estimates

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?

1 year ago - Zacks Investment Research

Hersha Hospitality Trust Announces First Quarter 2021 Results

- 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...

1 year ago - GlobeNewsWire

Hersha Hospitality Trust to Report First Quarter 2021 Earnings on April 28, 2021

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, ...

1 year ago - GlobeNewsWire

Should You Buy the Travel Stocks?

Travel companies are beginning to see green shoots as coronavirus vaccines roll out around the world. Is there still time to get in?

Other symbols:EXPEPLYARCLTRIP
1 year ago - Zacks Investment Research