Hersha Hospitality Trust (HT) Set to Announce Quarterly Earnings on Tuesday
Hersha Hospitality Trust (NYSE:HT) will be issuing its Q214 quarterly earnings data on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $112.80 million for the quarter.
Shares of Hersha Hospitality Trust (NYSE:HT) traded up 0.30% during mid-day trading on Monday, hitting $6.61. The stock had a trading volume of 78,493 shares. Hersha Hospitality Trust has a 52 week low of $5.18 and a 52 week high of $6.90. The stock has a 50-day moving average of $6.68 and a 200-day moving average of $6.02. The company has a market cap of $1.326 billion and a P/E ratio of 37.02.
On the ratings front, analysts at Robert W. Baird raised their price target on shares of Hersha Hospitality Trust from $7.00 to $8.00 in a research note on Wednesday, July 23rd.
Hersha Hospitality Trust, is a self-advised Maryland real estate investment trust. The Company invests primarily in institutional grade hotels in urban and central business districts, primary suburban office markets and stable destination and secondary markets in the Northeastern United States, Florida and select markets on the West Coast.
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