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
Fair value second-rate 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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SOHO underperformed the US REITs industry which returned -19.9% over the past year.
Return vs Market: SOHO underperformed the US Market which returned -11.5% 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
1 week ago | Simply Wall StSotherly Hotels Inc. (NASDAQ:SOHO) Analysts Are Reducing Their Forecasts For Next Year
1 month ago | Simply Wall StWhat Kind Of Investor Owns Most Of Sotherly Hotels Inc. (NASDAQ:SOHO)?
2 months ago | Simply Wall StDid Changing Sentiment Drive Sotherly Hotels's (NASDAQ:SOHO) Share Price Down By 15%?
Is Sotherly Hotels undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SOHO ($2.04) is trading below our estimate of fair value ($5.43)
Significantly Below Fair Value: SOHO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SOHO is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: SOHO 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's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SOHO is good value based on its PB Ratio (0.9x) compared to the US REITs industry average (1.3x).
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 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: SOHO is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: SOHO is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: SOHO's revenue (0.2% per year) is forecast to grow slower than the US market (7.3% per year).
High Growth Revenue: SOHO's revenue (0.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SOHO'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 is currently unprofitable.
Growing Profit Margin: SOHO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SOHO 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's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SOHO is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5%).
Return on Equity
High ROE: SOHO has a negative Return on Equity (1.16%), as it is currently unprofitable.
How is Sotherly Hotels's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: SOHO has a high level of physical assets or inventory.
Debt Coverage by Assets: SOHO's debt is not covered by short term assets (assets are 0.1x debt).
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 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SOHO 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.
Financial Institutions Analysis
Asset Level: SOHO's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if SOHO has a sufficient allowance for bad loans.
Low Risk Liabilities: SOHO reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if SOHO has an acceptable proportion of non-loan assets held.
Low Risk Deposits: SOHO has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if SOHO has an appropriate level of bad loans.
What is Sotherly Hotels's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SOHO's dividend (25.49%) is higher than the bottom 25% of dividend payers in the US market (1.98%).
High Dividend: SOHO's dividend (25.49%) is in the top 25% of dividend payers in the US market (5.45%)
Stability and Growth of Payments
Stable Dividend: SOHO's dividend payments have been volatile in the past 10 years.
Growing Dividend: SOHO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.3%), SOHO'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 ($USD601.33K).
Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.
|VP, Secretary & CFO||7.17yrs||US$504.03k||0.69% $225.0k|
|Executive VP & COO||0.17yr||no data||0.19% $61.0k|
|Vice President of Operations & Investor Relations||0.083yr||no data||no data|
|Corporate Counsel & Compliance Officer||0.083yr||no data||no data|
|General Counsel||0.17yr||no data||no data|
|Vice President of Branding & Marketing||0.083yr||no data||no data|
|Corporate Controller||6.17yrs||no data||no data|
Experienced Management: SOHO's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.
|Independent Director||15.25yrs||US$45.05k||0.50% $162.5k|
|Independent Director||4.92yrs||US$44.68k||0.12% $39.5k|
|Lead Independent Director||no data||US$57.93k||0.31% $99.5k|
|Independent Director||2.92yrs||US$56.68k||0.18% $60.0k|
|Independent Director||0.92yr||US$33.68k||0.037% $12.0k|
Experienced Board: SOHO's board of directors are considered experienced (6.9 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 not been meaningfully diluted in the past year.
Sotherly Hotels Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Sotherly Hotels Inc.
- Ticker: SOHO
- Exchange: NasdaqGM
- Founded: 1957
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$32.593m
- Market Cap: US$29.067m
- 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||2020/03/29 02:55|
|End of Day Share Price||2020/03/27 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.