Hotel Property Investments (CHIA:HPI) - Stock Price, News & Analysis

HPI Stock Overview

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia.

About the company

HPI fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	5/6

Rewards

Trading at 3.7% below our estimate of its fair value

Earnings are forecast to grow 4.82% per year

Earnings grew by 902.6% over the past year

Pays a reliable dividend of 5.35%

Risk Analysis

Interest payments are not well covered by earnings

Hotel Property Investments Competitors

Rural Funds Group

ASX:RFF

AU$719.6m

HealthCo Healthcare and Wellness REIT

ASX:HCW

AU$622.4m

Carindale Property Trust

ASX:CDP

AU$380.6m

GDI Property Group

ASX:GDI

AU$333.2m

Price History & Performance

Summary of all time highs, changes and price drops for Hotel Property Investments
Historical stock prices
Current Share Price	AU$3.55
52 Week High	AU$3.80
52 Week Low	AU$2.62
Beta	0.87
11 Month Change	-5.59%
3 Month Change	3.80%
1 Year Change	29.09%
33 Year Change	1.28%
5 Year Change	10.94%
Change since IPO	70.26%

Recent updates

Shareholder Returns

	HPI	AU Hotel and Resort REITs	AU Market
7D	0.7%	1.7%	0.2%
1Y	29.1%	7.1%	16.6%

Return vs Industry: HPI exceeded the Australian Hotel and Resort REITs industry which returned 7.1% over the past year.

Return vs Market: HPI exceeded the Australian Market which returned 16.6% over the past year.

Price Volatility

Is HPI's price volatile compared to industry and market?
HPI volatility
HPI Average Weekly Movement	3.4%
Hotel and Resort REITs Industry Average Movement	3.5%
Market Average Movement	8.4%
10% most volatile stocks in AU Market	17.3%
10% least volatile stocks in AU Market	3.5%

Stable Share Price: HPI has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: HPI's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1981	10	John White	www.hpitrust.com.au

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (“QVC”), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group. HPI’s objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders.

Hotel Property Investments Fundamentals Summary

How do Hotel Property Investments's earnings and revenue compare to its market cap?
HPI fundamental statistics
Market cap	AU$696.89m
Earnings (TTM)	AU$36.00m
Revenue (TTM)	AU$82.22m

19.4x

P/E Ratio

8.5x

P/S Ratio

Is HPI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HPI income statement (TTM)
Revenue	AU$82.22m
Cost of Revenue	AU$13.03m
Gross Profit	AU$69.19m
Other Expenses	AU$33.20m
Earnings	AU$36.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.18
Gross Margin	84.16%
Net Profit Margin	43.78%
Debt/Equity Ratio	60.7%

How did HPI perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

95%

Payout Ratio

Does HPI pay a reliable dividends?

See HPI dividend history and benchmarks

When do you need to buy HPI by to receive an upcoming dividend?
Hotel Property Investments dividend dates
Ex Dividend Date	Oct 30 2024
Dividend Pay Date	Nov 20 2024
Days until Ex dividend	9 days
Days until Dividend pay date	12 days

Does HPI pay a reliable dividends?

See HPI dividend history and benchmarks

HPI Stock Overview

Rewards

Risk Analysis

Hotel Property Investments Competitors

ASX:RFF

AU$719.6m

ASX:HCW

AU$622.4m

ASX:CDP

AU$380.6m

ASX:GDI

AU$333.2m

Price History & Performance

Recent News & Updates

Upcoming dividend of AU$0.065 per share

Hotel Property Investments Declares Interim Distribution for the Four Months Period Ending October 31, 2024, Payable on November 20, 2024

Hotel Property Investments, Annual General Meeting, Nov 13, 2024

Charter Hall Retail REIT (ASX:CQR) and Host-Plus Pty. Limited cancelled the acquisition of remaining 85.3% stake in Hotel Property Investments (ASX:HPI) from Charter Hall Office Management Limited, Charter Hall Property Securities Management Limited and others.

Charter Hall Retail REIT (ASX:CQR) and Host-Plus Pty. Limited cancelled the acquisition of remaining 85.3% stake in Hotel Property Investments (ASX:HPI) from Charter Hall Office Management Limited, Charter Hall Property Securities Management Limited and others.

Independent Non-Executive Chairman recently bought AU$100k worth of stock

Recent updates

Upcoming dividend of AU$0.065 per share

Hotel Property Investments Declares Interim Distribution for the Four Months Period Ending October 31, 2024, Payable on November 20, 2024

Hotel Property Investments, Annual General Meeting, Nov 13, 2024

Charter Hall Retail REIT (ASX:CQR) and Host-Plus Pty. Limited cancelled the acquisition of remaining 85.3% stake in Hotel Property Investments (ASX:HPI) from Charter Hall Office Management Limited, Charter Hall Property Securities Management Limited and others.

Charter Hall Retail REIT (ASX:CQR) and Host-Plus Pty. Limited cancelled the acquisition of remaining 85.3% stake in Hotel Property Investments (ASX:HPI) from Charter Hall Office Management Limited, Charter Hall Property Securities Management Limited and others.

Independent Non-Executive Chairman recently bought AU$100k worth of stock

Hotel Property Investments Declares Final Distribution Per Security for the Six Months Ended 30 June 2024, Payable on 6 September 2024 and Provides Distribution Guidance for Full Year 2025

Full year 2024 earnings released: EPS: AU$0.18 (vs AU$0.019 in FY 2023)

Hotel Property Investments Appoints John White as Managing Director, Effective September 2, 2024

First half dividend increased to AU$0.095

Hotel Property Investments to Report Fiscal Year 2024 Results on Aug 16, 2024

Hotel Property Investments Limited Announces the Appointment of Chris Judd as an Independent Non-Executive Director, Effective 17 June 2024

Hotel Property Investments to Report Q2, 2024 Results on Feb 15, 2024

Upcoming dividend of AU$0.095 per share at 6.0% yield

Hotel Property Investments Announces an Expected Distribution for the Half Year Ending 31 December 2023, Payable on 1 March 2024; Provides Distribution Guidance for the Half Year Ending 30 June 2024

Hotel Property Investments, Annual General Meeting, Nov 15, 2023

Independent Non-Executive Director recently bought AU$60k worth of stock

Hotel Property Investments Provides Distribution Guidance for Fiscal Year of 2024

Full year 2023 earnings released: EPS: AU$0.019 (vs AU$1.12 in FY 2022)

Now 20% undervalued after recent price drop

Upcoming dividend of AU$0.094 per share at 6.2% yield

Hotel Property Investments Announces Expected Distribution for the Half Year Ending 30 June 2023, Payable on or About 1 September 2023

Hotel Property Investments to Report Second Half, 2023 Results on Aug 17, 2023

Hotel Property Investments Increases Distribution Guidance for Fiscal Year 2023

First half 2023 earnings released: AU$0.041 FFO loss per share (vs AU$0.67 profit in 1H 2022)

Hotel Property Investments Declares A Final Distribution for the Six Months Ending 31 December 2022 Payable on March 3, 2023; Re-Affirms Distribution Guidance for Fiscal Year 2023

Hotel Property Investments to Report First Half, 2023 Results on Feb 16, 2023

Upcoming dividend of AU$0.092 per share

Hotel Property Investments Estimates Distribution for Period of Six Months Ended December 31, 2022, Payable 3 march 2023

Hotel Property Investments Limited Announces the Appointment of Anne Michaels as an Independent Non-Executive Director

Insufficient new directors

Now 20% undervalued after recent price drop

Independent Non-Executive Director recently bought AU$63k worth of stock

Hotel Property Investments, Annual General Meeting, Nov 16, 2022

Independent Non-Executive Director recently bought AU$50k worth of stock

Hotel Property Investments Announces Distribution for the Half Year Ended June 30, 2022, Payable on September 02, 2022

Hotel Property Investments to Report Fiscal Year 2022 Results on Aug 18, 2022

Hotel Property Investments Announces Board Changes

Hotel Property Investments Announces Demise of Ray Gunston as Non-Executive Chairman

Upcoming dividend of AU$0.10 per share

Hotel Property Investments Announces Distribution Guidance for the Half Year Ending June 30, 2022, Expects to Payable on September 02, 2022

Insufficient new directors

Hotel Property Investments Re-Affirms Distribution Guidance for Year 2022

Insufficient new directors

Upcoming dividend of AU$0.10 per share

Hotel Property Investments (ASX:HPI) reached an agreement to acquire Portfolio of seven pubs in South Australia for AUD 66.1 million.

Insufficient new directors

Independent Non-Executive Director recently bought AU$81k worth of stock

Independent Non-Executive Director recently bought AU$68k worth of stock

Hotel Property Investments has completed a Follow-on Equity Offering in the amount of AUD 50.000002 million.

Upcoming dividend of AU$0.097 per share

Hotel Property Investments (ASX:HPI) agreed to acquire Commonwealth Hotel for AUD 3.1 million.

Hotel Property Investments (ASX:HPI) agreed to acquire Capella Hotel, Capella for AUD 3.3 million.

Independent Director has left the company

New 90-day low: AU$2.95

Independent Non-Executive Director recently bought AU$75k worth of stock

Revenue beats expectations

New 90-day low: AU$3.03

New 90-day high: AU$3.33