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Last $6.59 USD
Change Today +0.01 / 0.15%
Volume 2.3M
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

hersha hospitality trust (HT) Snapshot

Open
$6.60
Previous Close
$6.58
Day High
$6.64
Day Low
$6.57
52 Week High
11/28/14 - $7.49
52 Week Low
04/25/14 - $5.64
Market Cap
1.3B
Average Volume 10 Days
1.3M
EPS TTM
$0.25
Shares Outstanding
196.9M
EX-Date
03/27/15
P/E TM
26.6x
Dividend
$0.28
Dividend Yield
4.10%
Current Stock Chart for HERSHA HOSPITALITY TRUST (HT)

hersha hospitality trust (HT) Related Businessweek News

No Related Businessweek News Found

hersha hospitality trust (HT) Details

Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of mid scale limited service hotels in the Eastern United States. As of June 30, 2005, it owned interests in 35 hotels, including 4 hotels owned through joint ventures in Pennsylvania, New York, New Jersey, Maryland, Georgia, Connecticut, and Massachusetts. The company has elected to be taxed as a REIT under the Internal Revenue Code. As a REIT, Hersha would not be subject to income tax to the extent it distributes at least 90% of its taxable income to its stockholders. The company was founded in 1998 and is headquartered in New Cumberland, Pennsylvania.

48 Employees
Last Reported Date: 02/20/15
Founded in 1998

hersha hospitality trust (HT) Top Compensated Officers

Chief Executive Officer and Trustee
Total Annual Compensation: $680.0K
President and Chief Operating Officer
Total Annual Compensation: $655.0K
Chief Financial Officer and Assistant Secreta...
Total Annual Compensation: $425.0K
Chairman and President of Hersha Enterprises ...
Total Annual Compensation: $225.0K
Chief Accounting Officer, Controller and Assi...
Total Annual Compensation: $285.0K
Compensation as of Fiscal Year 2014.

hersha hospitality trust (HT) Key Developments

Hersha Hospitality Trust Announces Quarterly Cash Dividend for the First Quarter Ending March 31, 2015, Payable on April 15, 2015; Declares Cash Dividend on Preferred Share, Payable on April 15, 2015

Hersha Hospitality Trust announced that its Board of Trustees declared a cash dividend of $0.50 per Series B Preferred Share and $0.4297 per Series C Preferred Share for the first quarter ending March 31, 2015. The preferred share dividends are payable April 15, 2015 to holders of record as of April 1, 2015. The Board of Trustees also declared quarterly cash dividends of $0.07 per Common Share and per Limited Partnership unit for the first quarter ending March 31, 2015. The common share dividend and limited partnership unit distribution are payable April 15, 2015 to holders of record as of March 31, 2015.

Hersha Hospitality Trust Presents at Citl's 2015 Global Property CEO Conference, Mar-04-2015 10:50 AM

Hersha Hospitality Trust Presents at Citl's 2015 Global Property CEO Conference, Mar-04-2015 10:50 AM. Venue: The Diplomat Resort & Spa, 3555 South Ocean Drive, Hollywood, FL 33019, United States. Speakers: Jay H. Shah, Chief Executive Officer and Trustee.

Hersha Hospitality Seeks Acquisitions

Hersha Hospitality Trust (NYSE:HT) is seeking acquisitions. "We continue to target acquisitions within in place cash flow that's been our urban transient strategy however we'll remain disciplined and only pursue assets that meet our criteria in terms of markets and growth profile that exceed our portfolio average economic return metrics." said Jay Shah, Chief Executive Officer of Hersha.

 

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HT:US $6.59 USD +0.01

HT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cousins Properties Inc $10.22 USD -0.01
EastGroup Properties Inc $59.91 USD +0.39
Lexington Realty Trust $9.59 USD -0.03
Pennsylvania Real Estate Investment Trust $22.57 USD +0.21
Saul Centers Inc $54.28 USD +0.29
View Industry Companies
 

Industry Analysis

HT

Industry Average

Valuation HT Industry Range
Price/Earnings 24.5x
Price/Sales 3.1x
Price/Book 1.6x
Price/Cash Flow 9.5x
TEV/Sales 0.8x
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