Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations.
Hersha Hospitality Trust Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.37|
|52 Week High||US$4.70|
|52 Week Low||US$13.05|
|1 Month Change||7.33%|
|3 Month Change||-17.08%|
|1 Year Change||48.49%|
|3 Year Change||-58.99%|
|5 Year Change||-50.99%|
|Change since IPO||-61.76%|
Recent News & Updates
Hersha Hospitality Trust: Improvements Are Encouraging
Hersha Hospitality Trust was hit hard by the COVID-19 pandemic, just as the rest of its industry was. The company is showing some nice signs of improvement though, and that could lead to upside potential for investors moving forward. Of course, the picture is still risky, and that makes the business a prospect that isn't right for every investor.
Hersha Hospitality Trust (HT) Investor Presentation - Slideshow
The following slide deck was published by Hersha Hospitality Trust in conjunction with this event.
Hersha Hospitality FFO beats by $0.11, beats on revenue
Hersha Hospitality (HT): Q1 FFO of -$0.36 beats by $0.11.Revenue of $47.17M (-47.7% Y/Y) beats by $2.11M.Press Release
|HT||US REITs||US Market|
Return vs Industry: HT exceeded the US REITs industry which returned 28.4% over the past year.
Return vs Market: HT exceeded the US Market which returned 30.7% over the past year.
Stable Share Price: HT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: HT's weekly volatility (8%) has been stable over the past year.
About the Company
Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company's 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker “HT.”
Hersha Hospitality Trust Fundamentals Summary
|HT fundamental statistics|
Is HT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HT income statement (TTM)|
|Cost of Revenue||US$174.75m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-3.08|
|Net Profit Margin||-65.14%|
How did HT perform over the long term?See historical performance and comparison
Is Hersha Hospitality Trust 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: HT ($9.37) is trading below our estimate of fair value ($41.09)
Significantly Below Fair Value: HT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HT is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: HT 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 HT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HT is good value based on its PB Ratio (0.7x) compared to the US REITs industry average (1.9x).
How is Hersha Hospitality Trust forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HT is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: HT is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: HT is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: HT's revenue (27% per year) is forecast to grow faster than the US market (9.5% per year).
High Growth Revenue: HT's revenue (27% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HT is forecast to be unprofitable in 3 years.
How has Hersha Hospitality Trust performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HT is currently unprofitable.
Growing Profit Margin: HT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: HT is unprofitable, and losses have increased over the past 5 years at a rate of 74.5% per year.
Accelerating Growth: Unable to compare HT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: HT is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (3.9%).
Return on Equity
High ROE: HT has a negative Return on Equity (-16.64%), as it is currently unprofitable.
How is Hersha Hospitality Trust's financial position?
Financial Position Analysis
Short Term Liabilities: HT's short term assets ($99.2M) exceed its short term liabilities ($38.1M).
Long Term Liabilities: HT's short term assets ($99.2M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: HT's debt to equity ratio (177.4%) is considered high.
Reducing Debt: HT's debt to equity ratio has increased from 128.9% to 177.4% over the past 5 years.
Debt Coverage: HT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if HT's interest payments on its debt are well covered by EBIT.
What is Hersha Hospitality Trust current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: HT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jay Shah (52 yo)
Mr. Jay H. Shah has been the Chief Executive Officer at Hersha Hospitality Trust since January 1, 2006 and is involved in all areas of the business with a particular emphasis on strategic relationships, ca...
CEO Compensation Analysis
Compensation vs Market: Jay's total compensation ($USD2.98M) is above average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.
Experienced Management: HT's management team is seasoned and experienced (16 years average tenure).
Experienced Board: HT's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HT insiders have only sold shares 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 2.3%.
Hersha Hospitality Trust's employee growth, exchange listings and data sources
- Name: Hersha Hospitality Trust
- Ticker: HT
- Exchange: NYSE
- Founded: 1998
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$423.336m
- Market Cap: US$367.468m
- Shares outstanding: 45.18m
- Website: https://www.hersha.com
Number of Employees
- Hersha Hospitality Trust
- 44 Hersha Drive
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 05:05|
|End of Day Share Price||2021/09/15 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.