Hersha Hospitality Trust (HT) EPS Estimated At $0.82

July 17, 2017 - By Kurt Siggers

 Hersha Hospitality Trust (HT) EPS Estimated At $0.82

Analysts await Hersha Hospitality Trust (NYSE:HT) to report earnings on July, 26. They expect $0.82 EPS, down 7.87 % or $0.07 from last year’s $0.89 per share. HT’s profit will be $34.65 million for 5.74 P/E if the $0.82 EPS becomes a reality. After $0.30 actual EPS reported by Hersha Hospitality Trust for the previous quarter, Wall Street now forecasts 173.33 % EPS growth. The stock increased 2.67% or $0.49 during the last trading session, reaching $18.83. About 349,414 shares traded or 20.27% up from the average. Hersha Hospitality Trust (NYSE:HT) has risen 8.90% since July 18, 2016 and is uptrending. It has underperformed by 7.80% the S&P500.

Hersha Hospitality Trust (NYSE:HT) Ratings Coverage

Among 9 analysts covering Hersha Hospitality Trust (NYSE:HT), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Hersha Hospitality Trust had 26 analyst reports since July 30, 2015 according to SRatingsIntel. On Thursday, December 17 the stock rating was downgraded by Stifel Nicolaus to “Hold”. As per Thursday, February 18, the company rating was upgraded by FBR Capital. The firm has “Hold” rating by Zacks given on Monday, August 17. RBC Capital Markets maintained the stock with “Sector Perform” rating in Monday, November 2 report. The firm earned “Underperform” rating on Friday, March 3 by Bank of America. As per Thursday, May 19, the company rating was downgraded by Bank of America. The firm has “Mkt Perform” rating given on Monday, May 1 by JMP Securities. The stock has “Outperform” rating by FBR Capital on Thursday, October 27. The stock has “Mkt Perform” rating by FBR Capital on Friday, November 20. The firm has “Neutral” rating given on Wednesday, August 12 by Bank of America.

Hersha Hospitality Trust is a self-advised real estate investment trust . The company has market cap of $795.68 million. The Firm invests primarily in institutional grade hotels in urban gateway markets, including New York, Washington, District of Columbia, Boston, Philadelphia, South Florida and select markets on the West Coast. It has a 6.55 P/E ratio. As of December 31, 2016, the Company’s portfolio consisted of 43 limited and full service properties with a total of 6,344 rooms and interests in 12 limited and full service properties owned through joint venture investments with a total of 2,456 rooms.

More notable recent Hersha Hospitality Trust (NYSE:HT) news were published by: Seekingalpha.com which released: “Hersha Hospitality Trust’s (HT) CEO Jay Shah on Q4 2016 Results – Earnings …” on February 23, 2017, also Seekingalpha.com with their article: “Hersha Hospitality Is A Prime-Time Player” published on March 15, 2017, Seekingalpha.com published: “Hersha Hospitality Is Poised To Profit (Rated PG)” on October 18, 2016. More interesting news about Hersha Hospitality Trust (NYSE:HT) were released by: Businesswire.com and their article: “Hersha Hospitality Trust to Report Second Quarter 2017 Earnings on July 25, 2017” published on June 21, 2017 as well as Bizjournals.com‘s news article titled: “Ritz-Carlton Coconut Grove sells to public company for $36M” with publication date: February 03, 2017.

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