HT Stock Recent News

The P/B ratio helps to identify low-priced stocks that have high growth prospects. Deutsche Bank Aktiengesellschaft (DB), Signet Jewelers (SIG), Unum Group (UNM), Hersha Hospitality Trust (HT) and Sterling Infrastructure (STRL) are some such stocks.

Hersha Hospitality (HT) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

PHILADELPHIA, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced that the Company will release its financial results for the fourth quarter 2022 after the market close on Wednesday, February 15, 2023. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, February 16, 2023. Hosting the call will be Mr. Neil H. Shah, President and Chief Executive Officer, and Mr. Ashish Parikh, Chief Financial Officer.

Pebblebrook Hotel and Hersha Hospitality are both REITs that own extremely similar hotel properties. HT has the most leveraged balance sheet of all hotel REITs that are paying their preferred dividends. This resulted in HT suspending preferred stock dividends for some time during 2020.

Hersha Hospitality Trust (NYSE:HT ) Q3 2022 Earnings Conference Call October 27, 2022 9:00 AM ET Company Participants Andrew Tamaccio - Finance Associate Neil Shah - President & COO Ashish Parikh - CFO & Assistant Secretary Conference Call Participants Michael Bellisario - Robert W. Baird & Co. Dori Kesten - Wells Fargo Securities Aryeh Klein - BMO Capital Markets Bryan Maher - B.

A series of property sales has streamlined Hersha's portfolio and provided new financial flexibility in a resurgent hotel sector. Non-core asset dispositions and a refinanced corporate credit facility reduce consolidated corporate debt by $450MM.

Hersha Hospitality Trust has been doing a great job as of late, with sales and cash flows rising nicely as occupancy rates climb. Recent maneuvers have created a great deal of uncertainty, but realistic assumptions show that the company is more likely than not to be attractively priced.

PHILADELPHIA, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced that the Company will release its financial results for the third quarter 2022 after the market close on Wednesday, October 26, 2022. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, October 27, 2022. Hosting the call will be Mr. Jay H. Shah, Chief Executive Officer, Mr. Neil H. Shah, President and Chief Operating Officer, and Mr. Ashish Parikh, Chief Financial Officer.

Does Hersha Hospitality (HT) have what it takes to be a top stock pick for momentum investors? Let's find out.

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