HT-PC Company Profile and Key Details

NYSE : HT-PC

Hersha Hospitality Trust

$25.09

0.01+0.04%

Open: 3:57 PM

Not Actively Trading

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Hersha Hospitality Trust (HT-PC) stock surged +0.04%, trading at $25.09 on NYSE, up from the previous close of $25.08. The stock opened at $25.05, fluctuating between $25.05 and $25.10 in the recent session.

Stock Snapshot

25.08

Prev. Close

722.22M

Market Cap

25.05

Day Low

-10.908695652173913

P/E Ratio

-2.3

EPS (TTM)

0.57

Cash Flow per Share

25.05

Open

28.79M

Number of Shares

25.0966

Day High

N/A

Free Float in %

16.45

Book Value

2.51K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Nov 27, 2023	25.05	25.10	25.05	25.09	2.51K
Nov 24, 2023	25.08	25.08	25.08	25.08	103
Nov 22, 2023	24.95	24.97	24.95	24.96	2.3K
Nov 21, 2023	24.95	24.95	24.93	24.95	14.45K
Nov 20, 2023	24.91	24.94	24.91	24.94	16.34K
Nov 17, 2023	24.89	24.94	24.89	24.93	3.85K
Nov 16, 2023	24.92	24.92	24.92	24.92	896
Nov 15, 2023	24.94	24.96	24.94	24.94	6.94K
Nov 14, 2023	24.94	24.95	24.94	24.95	2.04K
Nov 13, 2023	24.92	24.95	24.92	24.95	1.22K
Nov 10, 2023	24.91	24.92	24.91	24.92	1.66K
Nov 09, 2023	24.90	24.95	24.90	24.91	1.24K
Nov 08, 2023	24.88	24.92	24.87	24.90	3.79K
Nov 07, 2023	24.87	24.87	24.87	24.87	2.93K
Nov 06, 2023	24.87	24.87	24.86	24.86	10.6K
Nov 03, 2023	24.86	24.86	24.85	24.85	1.1K
Nov 02, 2023	24.84	24.85	24.84	24.85	8.84K
Nov 01, 2023	24.83	24.83	24.83	24.83	5.22K
Oct 31, 2023	24.84	24.84	24.84	24.84	381
Oct 30, 2023	24.81	24.82	24.81	24.81	11.87K

Contact Details

Harrisburg, PA 17102

United States

https://www.hersha.com 717 236 4400

About Company

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."

Stock Peers

RHP

0.85+0.90%

Ryman Hospitality Properties, Inc.$95.00 HT-PE

0.0351+0.14%

Hersha Hospitality Trust$25.10 HT-PD

0.04+0.16%

Hersha Hospitality Trust$25.09 RLJ-PA

0.05+0.20%

RLJ Lodging Trust$25.05 DRH-PA

0.01+0.04%

DiamondRock Hospitality Company$24.99 CLDT-PA

0.51+2.57%

Chatham Lodging Trust$20.34 SHO-PH

-0.105-0.52%

Sunstone Hotel Investors, Inc.$20.28 AHT-PD

0.77+4.00%

Ashford Hospitality Trust, Inc.$20.00 PEB-PE

0.2768+1.46%

Pebblebrook Hotel Trust$19.28 SHO-PI

0.2+1.05%

Sunstone Hotel Investors, Inc.$19.20

Company Overview

Hersha Hospitality Trust (NYSE:HT-PC) closed at $25.09 USD, gaining $0.01 (0.04%) from the previous close of $25.08. The stock is currently trading near its 52-week high $18.70 and $25.20. With a market capitalization of about $722.22 million, Hersha Hospitality Trust is classified as a small-cap and shows higher-than-market volatility (beta ~1.82). Key stats such as the average daily volume over the past year has been around 12.31 thousand shares, volume is running light vs its 52-week average. Headquartered in Harrisburg, PA, Hersha Hospitality Trust operates in the Real Estate sector and the REIT - Hotel & Motel industry. Led by CEO Neil H. Shah, the company employs approximately 27 people and listed since March 08, 2013. 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.

Valuation Metrics

Hersha Hospitality Trust trades at a P/E ratio of 2.63, slightly below the S&P 500 average, with a price-to-sales ratio of 1.19 and a price-to-book ratio of 0.56 suggesting the stock is closer to book value. The P/FCF stands at 9.29, also above market averages.

Dividend & Fair Value

Hersha Hospitality Trust last paid a dividend of 1.72 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.00.

Financial & Profitability Overview

Over the trailing twelve months, Hersha Hospitality Trust generated $405.87M in revenue, or $10.51 per share. Gross margin was 32.93%, operating margin 12.07%, and net profit margin 36.15%. Returns are healthy, with ROA at 9.85% and ROE at 21.48%.
On valuation metrics, Hersha Hospitality Trust trades at a P/E of 2.63, P/S of 1.19 and P/B of 0.56. The current ratio is 3.05 and quick ratio is 3.29. Operationally, the company’s inventory turnover is -14.55 and cash conversion cycle is -76.04 days , indicating it collects cash faster than it pays suppliers. Debt-to-equity is 0.95, supported by a cash flow-to-debt ratio of 0.12.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2022, Hersha Hospitality Trust posted revenue of $405.87M, down slightly from $295.99M in the prior quarter. Gross profit was $133.67M (margin 32.93%). Operating income was $49.01M (margin 12.1%). Net income was$146.72M (EPS $4.22).
The company ended the quarter with $224.96M in cash and short-term investments, a total debt of $648.89M, and net debt of $423.93M. Total assets were $1.49B, with equity of $761.54M. Financials further reflected stability, with operating cash flow of $75.57M, free cash flow of $51.98M, and capital expenditures of - $23.59M.

Price Forecast & Outlook

Our AI price prediction model suggests that Hersha Hospitality Trust stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Key Takeaways

Valuation shows Hersha Hospitality Trust trading at a premium to the broader market with a P/E of 2.63.

Frequently Asked Questions

What is the current Hersha Hospitality Trust (HT-PC) stock price?

Hersha Hospitality Trust (NYSE: HT-PC) stock price is $25.09 in the last trading session. During the trading session, HT-PC stock reached the peak price of $25.10 while $25.05 was the lowest point it dropped to. The percentage change in HT-PC stock occurred in the recent session was 0.04% while the dollar amount for the price change in HT-PC stock was $0.01.

HT-PC's industry and sector of operation?

The NYSE listed HT-PC is part of REIT - Hotel & Motel industry that operates in the broader Real Estate sector. Hersha Hospitality Trust designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of HT-PC?

No Data

How HT-PC did perform over past 52-week?

HT-PC's closing price is 34.17% higher than its 52-week low of $18.70 where as its distance from 52-week high of $25.20 is -0.44%.

How many employees does HT-PC have?

Number of HT-PC employees currently stands at 27.

Link for HT-PC official website?

Official Website of HT-PC is: https://www.hersha.com

How do I contact HT-PC?

HT-PC could be contacted at phone 717 236 4400 and can also be accessed through its website. HT-PC operates from 44 Hersha Drive, Harrisburg, PA 17102, United States.

How many shares of HT-PC are traded daily?

HT-PC stock volume for the day was 2.51K shares. The average number of HT-PC shares traded daily for last 3 months was 12.32K.

What is the market cap of HT-PC currently?

The market value of HT-PC currently stands at $722.22M with its latest stock price at $25.09 and 28.79M of its shares outstanding.

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

Employees	27
Beta	1.82
Sales or Revenue	$405.87M
5Y Sales Change%	0%
Fiscal Year Ends	December
Sector	Real Estate
Industry	REIT - Hotel & Motel

HT-PC Company Profile and Key Details

Hersha Hospitality Trust

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Valuation Metrics

Dividend & Fair Value

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Company Overview

Valuation Metrics

Dividend & Fair Value