Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States.
+ 1 more risk
Adequate balance sheet unattractive dividend payer.
Share Price & News
How has Sotherly Hotels's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SOHO.O's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SOHO.O underperformed the US REITs industry which returned -7.4% over the past year.
Return vs Market: SOHO.O underperformed the US Market which returned 9.2% over the past year.
Price Volatility Vs. Market
How volatile is Sotherly Hotels's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Sotherly Hotels undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SOHO.O ($9.78) is trading above our estimate of fair value ($6.3)
Significantly Below Fair Value: SOHO.O is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SOHO.O is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: SOHO.O is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SOHO.O's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SOHO.O is overvalued based on its PB Ratio (142.9x) compared to the US REITs industry average (1.4x).
How is Sotherly Hotels forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SOHO.O is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SOHO.O is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SOHO.O is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SOHO.O's revenue is expected to decline over the next 3 years (-0.1% per year).
High Growth Revenue: SOHO.O's revenue is forecast to decline over the next 3 years (-0.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SOHO.O's Return on Equity is forecast to be high in 3 years time
How has Sotherly Hotels performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SOHO.O is currently unprofitable.
Growing Profit Margin: SOHO.O is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SOHO.O is unprofitable, and losses have increased over the past 5 years at a rate of -59.3% per year.
Accelerating Growth: Unable to compare SOHO.O's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOHO.O is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5.2%).
Return on Equity
High ROE: SOHO.O has a negative Return on Equity (1.16%), as it is currently unprofitable.
How is Sotherly Hotels's financial position?
Financial Position Analysis
Short Term Liabilities: SOHO.O's short term assets ($38.5M) exceed its short term liabilities ($24.4M).
Long Term Liabilities: SOHO.O's short term assets ($38.5M) do not cover its long term liabilities ($361.4M).
Debt to Equity History and Analysis
Debt Level: SOHO.O's debt to equity ratio (352.8%) is considered high.
Reducing Debt: SOHO.O's debt to equity ratio has reduced from 938.5% to 352.8% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SOHO.O has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SOHO.O is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.9% per year.
What is Sotherly Hotels's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOHO.O's dividend (17.87%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: SOHO.O's dividend (17.87%) is in the top 25% of dividend payers in the US market (4.39%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SOHO.O has been paying a dividend for less than 10 years.
Growing Dividend: SOHO.O's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.3%), SOHO.O's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Folsom (54yo)
Mr. David R. Folsom, also known as Dave, has been the President of Sotherly Hotels Inc., the General Partner of Sotherly Hotels LP (formerly MHI Hospitality, L.P.) since January 19, 2011 and served as its ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD606.89K) is about average for companies of similar size in the US market ($USD589.00K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
|VP, Secretary & CFO||7.42yrs||US$504.03k||0.69% $302.1k|
|Executive VP & COO||0.42yr||no data||0.19% $81.9k|
|Vice President of Operations & Investor Relations||0.33yr||no data||no data|
|Corporate Counsel & Compliance Officer||0.33yr||no data||no data|
|General Counsel||0.42yr||no data||no data|
|Vice President of Branding & Marketing||0.33yr||no data||no data|
|Corporate Controller||6.42yrs||no data||no data|
Experienced Management: SOHO.O's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
|Independent Director||15.5yrs||US$45.05k||0.50% $218.2k|
|Independent Director||5.17yrs||US$44.68k||0.12% $53.0k|
|Lead Independent Director||no data||US$57.93k||0.31% $133.6k|
|Independent Director||3.17yrs||US$56.68k||0.18% $80.6k|
|Independent Director||1.17yrs||US$33.68k||0.037% $16.1k|
Experienced Board: SOHO.O's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.
Sotherly Hotels Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Sotherly Hotels Inc.
- Ticker: SOHO.O
- Exchange: NasdaqGM
- Founded: 1957
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$43.777m
- Market Cap: US$41.464m
- Shares outstanding: 15.98m
- Website: https://www.sotherlyhotels.com
Number of Employees
- Sotherly Hotels Inc.
- 306 South Henry Street
- Suite 100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SOHO||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Dec 2004|
|MCL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2004|
|SOHO.B||NasdaqGM (Nasdaq Global Market)||PFD SER B||US||USD||Aug 2016|
|SOHO.O||NasdaqGM (Nasdaq Global Market)||7.875% PFD SER C||US||USD||Oct 2017|
|SOHO.N||NasdaqGM (Nasdaq Global Market)||8.25% CM PFD D||US||USD||Apr 2019|
Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company’s portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, as well as interests in two condominium hotels and their associated rental programs. The Company owns hotels that operate under the Hilton Worldwide, Hyatt Hotels Corporation, and Marriott International, Inc. brands, as well as independent hotels. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/04 05:10|
|End of Day Share Price||2020/06/03 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.