Hersha Hospitality Trust (HT)
| Market Cap | 450.63M |
| Revenue (ttm) | 330.69M |
| Net Income (ttm) | -89.79M |
| Shares Out | 41.19M |
| EPS (ttm) | -2.30 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 124,798 |
| Open | 10.65 |
| Previous Close | 10.50 |
| Day's Range | 10.54 - 10.97 |
| 52-Week Range | 7.92 - 12.42 |
| Beta | 2.24 |
| Analysts | Buy |
| Price Target | 12.19 (+11.4%) |
| Earnings Date | Apr 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.?
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 StatementsAnalyst 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.
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...
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?
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 –
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?
Hersha Hospitality Trust Announces First Quarter 2022 Results
- First Quarter 2022 Net Loss of $0.58 Per Share -
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...
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, ...
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, ...
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?
Hersha Hospitality Trust Announces Fourth Quarter 2021 Results
- Fourth Quarter 2021 Net Loss of $0.48 Per Share -
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, ...
Hersha Hospitality Trust Provides Operational Update
- December Property-Level Cash Flow of $9.7 Million - - December Property-Level Cash Flow of $9.7 Million -
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...
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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?
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 ...
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, ...
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?
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...
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.
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...
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?
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...
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, ...
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