Streetbeat News

Hersha Hospitality Trust

http://www.hersha.com/

CEO

Jay Shah

Employees

Industry

Other Financial Vehicles

hersha hospitality trust (ht) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets. the company's 51 hotels totaling 7,804 rooms are located in new york, washington, dc, boston, philadelphia, miami and select markets on the west coast. the company's common shares are traded on the new york stock exchange under the ticker “ht”.

Open

9.99

Mkt cap

483M

Volume

1.5M

High

10.00

P/E Ratio

66.60

52-wk high

10.31

Low

9.98

Div yield

N/A

52-wk low

5.64

Benzinga Insights has identified several value stocks in the real estate sector, including Chicago Atlantic Real (REFI), Hersha Hospitality (HT), AFC Gamma (AFCG), American Realty Investors (ARL), and Seven Hills Realty Trust (SEVN). These companies have low P/E multiples, indicating they may be undervalued. However, their recent earnings per share and dividend yields have shown mixed results, with some experiencing decreases.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 2:39 pm

The article identifies LuxUrban Hotels Inc. (NASDAQ:LUXH) and Hersha Hospitality Trust (NYSE:HT) as overbought stocks in the real estate sector, suggesting they may be overvalued. LuxUrban recently eliminated its senior secured debt and future Revenue Share payments, while Hersha announced a merger with KSL Capital Partners LLC.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 11:20 am

Hersha Hospitality Trust has set November 8, 2023, as the date for a special meeting to approve its acquisition by KSL Capital Partners.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 9:43 pm

Benzinga Insights has identified Forestar Group, Hersha Hospitality, Sotherly Hotels, Arbor Realty Trust, and Alexander's as notable value stocks in the real estate sector. The selection is based on low P/E multiples and recent earnings per share and dividend yield reports.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 2:39 pm

Hersha Hospitality Trust (HT) and Sabra Health Care REIT (SBRA) are identified as overbought stocks in the real estate sector, indicating potential short-term investment opportunities. HT recently announced a merger with KSL Capital Partners, while SBRA reported weaker-than-expected Q2 sales.

Portfolio Pulse from Lisa Levin

September 26, 2023 | 11:12 am

Benzinga Insights has identified five value stocks in the real estate sector based on quantified analysis. These include Hersha Hospitality (HT), Seven Hills Realty Trust (SEVN), Ready Capital (RC), Sachem Cap (SACH), and Forestar Group (FOR). The companies have shown varying performance in terms of earnings per share and dividend yield.

Portfolio Pulse from Benzinga Insights

September 25, 2023 | 2:39 pm

Four real estate stocks, FLJ Group Limited (NASDAQ:FLJ), LuxUrban Hotels Inc. (NASDAQ:LUXH), Innovative Industrial Properties, Inc. (NYSE:IIPR), and Hersha Hospitality Trust (NYSE:HT), are considered overbought according to their RSI values, suggesting they may be overvalued. FLJ Group's RSI is 70.54, LuxUrban Hotels' is 77.27, Innovative Industrial Properties' is 71.89, and Hersha Hospitality Trust's is 87.64.

Portfolio Pulse from Lisa Levin

September 12, 2023 | 10:47 am

Benzinga Insights has identified five value stocks in the real estate sector: Hersha Hospitality (HT), Sachem Cap (SACH), Chicago Atlantic Real (REFI), Transcontinental Realty (TCI), and Landsea Homes (LSEA). These companies have been selected based on their low P/E multiples, indicating they may be undervalued. The report also highlights recent changes in earnings per share and dividend yields for each company.

Portfolio Pulse from Benzinga Insights

September 11, 2023 | 2:39 pm

Benzinga Insights has identified five value stocks in the real estate sector that may be worth watching: Ladder Cap (LADR), Hersha Hospitality (HT), Rithm Capital (RITM), Piedmont Office Realty (PDM), and American Realty Investors (ARL). The selection is based on low P/E multiples, indicating that these companies may be undervalued. Recent earnings and dividend yields for each company are also provided.

Portfolio Pulse from Benzinga Insights

September 04, 2023 | 2:39 pm

Hersha Hospitality Trust (HT) has been downgraded to Neutral from Buy by B.Riley Securities analyst Bryan Maher, following the announcement of HT's acquisition by KSL Capital Partners for $10 per share. The all-cash transaction is valued at approximately $1.4 billion, representing a premium of approximately 60% over Hersha's closing share price on August 25, 2023. HT shares are currently trading higher by 0.31% at $9.85.

Portfolio Pulse from Lekha Gupta

September 01, 2023 | 6:02 pm

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