Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $25.66 USD
Change Today +0.35 / 1.38%
Volume 967.9K
HPT On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

hospitality properties trust (HPT) Snapshot

Open
$25.56
Previous Close
$25.31
Day High
$25.75
Day Low
$25.33
52 Week High
03/23/15 - $34.20
52 Week Low
08/24/15 - $24.75
Market Cap
3.9B
Average Volume 10 Days
1.2M
EPS TTM
$1.39
Shares Outstanding
151.5M
EX-Date
07/22/15
P/E TM
18.4x
Dividend
$2.00
Dividend Yield
7.72%
Current Stock Chart for HOSPITALITY PROPERTIES TRUST (HPT)

hospitality properties trust (HPT) Related Businessweek News

No Related Businessweek News Found

hospitality properties trust (HPT) Details

Hospitality Properties Trust, a real estate investment trust (REIT), engages in buying, owning, and leasing hotels. The company’s hotels are operated as Courtyard by Marriott, Residence Inn by Marriott, Staybridge Suites by Holiday Inn, Candlewood Suites, AmeriSuites, Prime Hotels and Resorts, Homestead Studio Suites, TownePlace Suites by Marriott, and SpringHill Suites by Marriott or Marriott Hotels and Resorts. As of June 30, 2005, it owned 298 hotels located in 38 states in the United States; Puerto Rico; and Ontario, Canada. The company’s hotels are primarily designed for business, governmental, and family travelers. As a REIT, the company would not be subject to federal income tax provided it distributes at least 90% of its REIT taxable income to its stockholders. Hospitality Properties was formed in 1995 and is based in Newton, Massachusetts.

Founded in 1995

hospitality properties trust (HPT) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

hospitality properties trust (HPT) Key Developments

Hospitality Properties Trust Declares Quarterly Preferred Dividend, Payable on or About October 15, 2015

Hospitality Properties Trust announced that its board of trustees has declared the regular quarterly dividend on HPT’s Series D Cumulative Redeemable Preferred Shares. A distribution of $0.4453125 per Series D preferred share is payable on or about October 15, 2015, to holders of record at the close of business on September 30, 2015.

Hospitality Properties Trust Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Expenditure Guidance for the Full Year of 2015

Hospitality Properties Trust reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, total revenues were $507.066 million against $451.900 million a year ago. Operating income was $108.574 million against $89.031 million a year ago. Income before income taxes, equity in earnings of an investee and gain on sale of real estate was $72.748 million against $54.115 million a year ago. Net income available for common shareholders was $77.980 million or $0.52 per basic and diluted share against $48.749 million or $0.33 per basic and diluted share a year ago. FFO available for common shareholders was $147.547 million or $0.98 per basic and diluted share against $127.382 million or $0.85 per basic and diluted share a year ago. Normalized FFO available for common shareholders was $146.899 million or $0.98 per basic and diluted share against $129.687 million or $0.87 per basic and diluted share a year ago. EBITDA was $200.204 million against $168.074 million a year ago. Adjusted EBITDA was $189.819 million against $172.099 million a year ago. The 12.6% increase in Normalized FFO available for common shareholders per diluted share is due primarily to increases in annual minimum returns and rents that resulted from HPT’s funding of improvements to its hotels and travel centers, increases in FF&E reserve income and deposits under HPT’s hotel agreements and the impact of its acquisitions since April 1, 2014. The company funded $12.3 million of hotel improvements and $20.2 million of TravelCenter improvements in the second quarter. For the six months, total revenues were $942.578 million against $846.150 million a year ago. Operating income was $185.817 million against $162.851 million a year ago. Income before income taxes, equity in earnings of an investee and gain on sale of real estate was $114.548 million against $92.378 million a year ago. Net income available for common shareholders was $114.395 million or $0.76 per basic and diluted share against $81.133 million or $0.54 per basic and diluted share a year ago. FFO available for common shareholders was $262.931 million or $1.75 per basic and diluted share against $238.053 million or $1.59 per basic and diluted share a year ago. Normalized FFO available for common shareholders was $272.888 million or $1.81 per diluted share against $242.747 million or $1.62 per basic and diluted share a year ago. EBITDA was $356.499 million against $319.383 million a year ago. Adjusted EBITDA was $358.454 million against $327.050 million a year ago. The company currently expects to fund an additional $48.9 million of hotel improvements and $34.6 million of TravelCenter improvements during the remainder of 2015.

Hospitality Properties Trust to Report Q2, 2015 Results on Aug 10, 2015

Hospitality Properties Trust announced that they will report Q2, 2015 results at 10:00 AM, US Eastern Standard Time on Aug 10, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HPT:US $25.66 USD +0.35

HPT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
EPR Properties $50.60 USD +0.56
Getty Realty Corp $15.54 USD +0.03
National Retail Properties Inc $34.50 USD +0.20
Realty Income Corp $44.23 USD +0.29
View Industry Companies
 

Industry Analysis

HPT

Industry Average

Valuation HPT Industry Range
Price/Earnings 18.1x
Price/Sales 2.1x
Price/Book 1.4x
Price/Cash Flow 7.0x
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HOSPITALITY PROPERTIES TRUST, please visit www.hptreit.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.