Hersha Hospitality Trust (HT) News
Market Cap: $482.85M
Avg Volume: 636.60K
Industry: REIT - Hotel & Motel
Sector: Real Estate
The Shah Family of Hersha Hotels and Resorts Honored with the Prestigious Stephen W. Brener Silver Plate Award
Presented at the NYU International Hospitality Industry Investment Conference; First Time the Award Presented to a Family Presented at the NYU International Hospitality Industry Investment Conference; First Time the Award Presented to a Family
globenewswire.com
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Hersha Hotels and Resorts Announces Dividend Classification for 2023
PHILADELPHIA, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hotels and Resorts (“Hersha” or “the Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the tax classification of Hersha Hospitality Trust's (“HHT”) Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2023 for Federal income tax reporting purposes. The tax information provided below relates to HHT prior to the November 28, 2023 merger between HHT and 1776 Portfolio REIT Merger Sub, LLC (“REIT Merger Sub”) pursuant to that certain Agreement and Plan of Merger, dated as of August 27, 2023, by and among HHT, REIT Merger Sub and the other parties thereto, and it should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.
globenewswire.com
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Stocks to Sell: 7 Overbought Companies You Ought to Dump Right Now
In rough markets it's important to keep and eye out for overbought stocks. Finding the right timing to buy and sell stocks will always be a sought-after skill by any investor searching for that holy grail.
investorplace.com
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HERSHA HOSPITALITY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Hersha Hospitality Trust - HT
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Hersha Hospitality Trust (NYSE: HT) to KSL Capital Partners, LLC. Under the terms of the proposed transaction, shareholders of Hersha will receive $10.00 in cash for each share of Hersha that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whethe.
businesswire.com
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Hersha Hospitality Trust Announces Date of Special Meeting to Approve Acquisition by KSL Capital Partners
PHILADELPHIA, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced that it has set November 8, 2023 as the date for the special meeting of shareholders (the “Special Meeting”) to approve the previously announced acquisition by affiliates of KSL Capital Partners, LLC ("KSL"), a leading investor in travel and leisure businesses.
globenewswire.com
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The State Of REITs: September 2023 Edition
The REIT sector gave up some of the gains achieved in June and July, with a -4.13% average total return in August. Small cap REITs (-2.49%) outperformed again in August. Micro caps (-13.08%) badly underperformed their larger REIT peers. Only 18.06% of REIT securities had a positive total return in August, with 48.13% in the black year to date.
seekingalpha.com
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Hersha Hospitality Trust Announces Quarterly Dividend
PHILADELPHIA, Sept. 13, 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 its Board of Trustees has approved a cash dividend of $0.05 per common share and per limited partnership unit for the third quarter ending September 30, 2023. These common share dividends and limited partnership unit distributions are payable October 16, 2023 to holders of record as of September 29, 2023.
globenewswire.com
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Shareholder Alert: Ademi LLP investigates whether Hersha Hospitality Trust has obtained a Fair Price in its transaction with KSL
MILWAUKEE , Aug. 28, 2023 /PRNewswire/ -- Ademi LLP is investigating Hersha (NYSE: HT) for possible breaches of fiduciary duty and other violations of law in its transaction with KSL. Click here to learn how to join the action https://www.ademilaw.com/case/hersha-hospitality-trust or call Guri Ademi toll-free at 866-264-3995.
prnewswire.com
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Why Hersha Hospitality Trust Stock Skyrocketed 56% Today
Hersha Hospitality Trust agreed to be acquired by private equity firm KSL Capital Partners at a 60% premium to Friday's closing price. The deal still requires shareholder approval, but is expected to close by the end of 2023.
fool.com
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HT Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Hersha Hospitality Trust Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Hersha Hospitality Trust (NYSE: HT) to affiliates of KSL Capital Partners, LLC for $10.00 per share is fair to Hersha shareholders. Halper Sadeh encourages Hersha shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether.
businesswire.com
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Hersha Hospitality stock soars after buyout deal at 59% premium with KSL Capital
Shares of Hersha Hospitality Trust HT, soared 56.7% toward an eight-month high in premarket trading Monday, after the real estate investment trust focused on the hospitality sector announced an agreement to be acquired by private equity firm KSL Capital Partners LLC in a cash deal valued at $1.4 billion. Under terms of the deal, KSL will pay $10 in cash for each Hersha share outstanding, which represents a 59.2% premium to Friday's closing price of $6.28.
marketwatch.com
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Hersha Hospitality Trust to be Acquired by KSL Capital Partners
Hersha common shareholders to receive $10.00 per share in cash, a 60% premium to prior closing price Provides shareholders with immediate and certain value at a substantial premium PHILADELPHIA and DENVER, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, and KSL Capital Partners, LLC (“KSL”), a leading investor in travel and leisure businesses, today announced a definitive merger agreement, entered into on August 27, 2023, under which affiliates of KSL will acquire all of the outstanding common shares of Hersha for $10.00 per share in an all-cash transaction valued at approximately $1.4 billion. The purchase price represents a premium of approximately 60% over Hersha's closing share price on August 25, 2023, the last full trading day prior to this announcement.
globenewswire.com
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12 Sturdy REITs Expected To Grow Revenues By Double Digits
Most REIT investors prioritize high dividends, while I focus on growth and healthy companies. This article identifies 17 REITs expected to have double-digit FFO per share growth this year or next, and to grow FFO at a 2-year CAGR of 7.5% or better. This article then evaluates the balance sheet strength of those 17, to winnow the list down to 12.
seekingalpha.com
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Hersha Hospitality (HT) Misses Q2 FFO Estimates
Hersha Hospitality (HT) came out with quarterly funds from operations (FFO) of $0.38 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to FFO of $0.56 per share a year ago.
zacks.com
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Hersha Hospitality Trust Announces Second Quarter 2023 Results
- Second Quarter 2023 Net Income of $0.04 Per Share - - Second Quarter 2023 Adjusted Funds from Operations1 of $0.38 Per Share - - Comparable Portfolio RevPAR Growth of 3.6% to the Second Quarter 2022 – - Urban RevPAR Growth of 12.2% to the Second Quarter 2022 – - New York City and Boston were the best performers in the Second Quarter 2023 - PHILADELPHIA, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha,” “the Company,” “we” or “our”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial Results (Unaudited in thousands, except per share amounts) Three Months Ended June 30, 2023 2022 Net Income Applicable to Common Shareholders $ 1,721 $ 2,427 Net Income per Common Share $ 0.04 $ 0.06 Adjusted FFO1 $ 18,087 $ 26,115 Adjusted FFO per common share and OP Unit $ 0.38 $ 0.57 1 Non-GAAP financial measure.
globenewswire.com
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Give Yourself A Raise: Yield Arbitrage In The Hersha Hospitality Capital Stack
The article discusses an arbitrage opportunity between Hersha Hospitality Trust 6.875% Series C Preferred and Hersha Hospitality Trust 6.50% Series E Preferred. I highlight the challenges of arbitrage trading within small-cap issues, including illiquidity and low trading volumes. Despite these challenges, I argue that attentive, active investors can achieve superior results through disciplined investment strategies.
seekingalpha.com
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Hersha Hospitality Trust: Undervalued But Financial Performance A Concern
Hersha Hospitality Trust is a hospitality REIT focused on luxury, upscale, and upper midscale hotels in key markets such as New York City, Boston, Washington D.C., and Philadelphia. The company has recently reinstated its dividend and pays a forward dividend yield of 3.30%, with several valuation metrics indicating that the company is undervalued at present. However, concerns over the company's financial performance, including a declining AFFO over the past few years, make it a "Hold" for investors seeking better opportunities in the hospitality industry.
seekingalpha.com
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Hersha Hospitality Trust: Resilient Portfolio With A Promising Future
Hersha Hospitality Trust is a real estate investment trust specializing in upscale and luxury hotels. The company has been recovering well after Covid and has been increasing its revenue. After analyzing this company, I believe it is worth investing in.
seekingalpha.com
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Hersha Hospitality Trust to Report Second Quarter 2023 Earnings on August 2, 2023
PHILADELPHIA, June 12, 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 second quarter 2023 after the market close on Wednesday, August 2, 2023. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, August 3, 2023. Hosting the call will be Mr. Neil H. Shah, President and Chief Executive Officer, and Mr. Ashish Parikh, Chief Financial Officer.
globenewswire.com
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Hersha Hospitality Trust (HT) Q1 2023 Earnings Call Transcript
Hersha Hospitality Trust (HT) Q1 2023 Earnings Call Transcript.
seekingalpha.com
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Hersha Hospitality (HT) Lags Q1 FFO Estimates
Hersha Hospitality (HT) came out with quarterly funds from operations (FFO) of $0.02 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to FFO of $0.06 per share a year ago.
zacks.com
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Hersha Hospitality: Big Selloff Creates Opportunity
Since the beginning of the month, Hersha has sold off from $8.60/share to the current price of $6.15, despite hotel booking trends improving. Last year, Hersha sold off 9 of their 33 hotels, reducing net debt from $1.1 billion at year-end 2021 to just $405.2 million currently.
seekingalpha.com
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Hersha Hospitality Trust to Report First Quarter 2023 Earnings on April 26, 2023
PHILADELPHIA, March 20, 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 first quarter 2023 after the market close on Wednesday, April 26, 2023. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, April 27, 2023. Hosting the call will be Mr. Neil H. Shah, President and Chief Executive Officer, and Mr. Ashish Parikh, Chief Financial Officer.
globenewswire.com
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Fair Isaac & Co. Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , March 3, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 20, to coincide with the quarterly rebalance. The changes are being made to ensure each index is more representative of its market capitalization range.
prnewswire.com
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Hersha Hospitality Trust (HT) Investor Presentation - Slideshow
The following slide deck was published by Hersha Hospitality Trust in conjunction with this event.
seekingalpha.com
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Hotel REIT Hersha Hospitality Trust Results Greatly Improved In 2022
Hersha Hospitality Trust reported AFFO of $0.34 for 4Q compared to $0.22 in 4Q 2021 on February 15. Guidance for 1Q 2023 is $0.04 to $0.08 AFFO, which is somewhat disappointing.
seekingalpha.com
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Risks Of 'No Landing'
U.S. equity markets were mixed on a choppy week as investors readjusted expectations for inflation and interest rates following data indicating an uptick in economic activity and persisting price pressures. Posting its first back-to-back weekly declines of the year, the S&P 500 slipped 0.2% this week, but other major benchmarks fared better. The Mid-Cap 400 and Small-Cap 600 both gained.
seekingalpha.com
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Hersha Hospitality Trust (HT) Q4 2022 Earnings Call Transcript
Hersha Hospitality Trust (NYSE:HT ) Q4 2022 Earnings Conference Call February 16, 2023 9:00 AM ET Company Participants Andrew Tamaccio – Investor Relations Neil H. Shah – President and Chief Executive Officer Ashish Parikh – Chief Financial Officer Conference Call Participants Bryan Maher – B.
seekingalpha.com
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Hersha Hospitality (HT) Q4 FFO Lag Estimates
Hersha Hospitality (HT) delivered FFO and revenue surprises of -5.56% and 1.57%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
zacks.com
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2 Great Dividends To Retire In Safety And Splendor
"Scared Money Don't Make Money" - Bill Napier, Popular college football coach. Safe fixed-income is trading at deep discounts in this bear market.
seekingalpha.com
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Fed Blinks, Finally
U.S. equity markets extended their rebound this week after the Federal Reserve slowed its pace of interest rate hikes while strong employment data alongside cooling wage pressures supported "soft landing" prospects. Gaining for the fourth week in the past five, the S&P 500 advanced 1.6% while the tech-heavy Nasdaq 100 rallied 3.3% - its fourth-straight week of gains. Small caps soared 5%.
seekingalpha.com
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Hotel REITs: Dividends Are Back
Despite lingering recession concerns and recent travel disruptions, Hotel REITs have been among the better-performing sectors over the past year, buoyed by steady post-pandemic operating improvement fueling long-awaited dividend resumptions. Several years of pent-up leisure demand helped to offset a sluggish business and group travel recovery. Hotel revenues eclipsed record highs in 2022, but with wide dispersion between markets and segments.
seekingalpha.com
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What Makes Hersha Hospitality (HT) a New Strong Buy Stock
Hersha Hospitality (HT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
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5 Promising Price-to-Book Value Stocks to Buy in 2023
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.
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Down -18.15% in 4 Weeks, Here's Why You Should You Buy the Dip in Hersha Hospitality (HT)
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.
zacks.com
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Hersha Hospitality Trust to Report Fourth Quarter 2022 Earnings on February 15, 2023
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.
globenewswire.com
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Sell Hersha Hospitality Preferred Stocks And Buy Pebblebrook Hotel Preferred Stocks
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.
seekingalpha.com
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7 Best Hotel Stocks to Buy Now
The central thesis for buying hotel stocks right now is a belief that demand for travel will continue. And if that's true, then the best hotel stocks will offer investors a combination of value and growth.
investorplace.com
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Hersha Hospitality Trust (HT) Q3 2022 Earnings Call Transcript
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.
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Check Out A REIT That Just Brought Back Its Dividend After Years - And Another High Yielder In The Sector
Real Estate Investment Trust REITs have emerged as an efficient diversification strategy to hedge against inflation, offering high dividend yields, strong long-term returns, and liquidity.
benzinga.com
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An Impressive Recapitalization At Hersha Hospitality Is Proving Irresistible
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.
seekingalpha.com
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Hersha Hospitality Trust: Although Uncertainty Exists, Fundamentals Continue To Improve
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.
seekingalpha.com
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Hersha Hospitality Trust to Report Third Quarter 2022 Earnings on October 26, 2022
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.
globenewswire.com
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Opportunity Is Knocking For These 2 Fat Dividends
Your quality of life shouldn't be affected by Mr. Market's mood. Dividends are a valuable asset to buy during market volatility.
seekingalpha.com
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Here's Why Hersha Hospitality (HT) is a Great Momentum Stock to Buy
Does Hersha Hospitality (HT) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
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Is Hersha Hospitality Trust (HT) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
zacks.com
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Hersha Hospitality Trust (HT) CEO Jay Shah on Q2 2022 Results - Earnings Call Transcript
Hersha Hospitality Trust (NYSE:HT ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Andrew Tamaccio - Director, Investor Relations Neil Shah - President and Chief Operating Officer Jay Shah - Chief Executive Officer Ashish Parikh - Chief Financial Officer Conference Call Participants Tyler Batory - Oppenheimer Dori Kesten - Wells Fargo Michael Bellisario - Baird Eric Field - Jefferies Anthony Powell - Barclays Bill Crow - Raymond James Operator Hello and welcome to the Hersha Hospitality Trust's Second Quarter 2022 Earnings Conference Call and Webcast. My name is Harry and I will be coordinating your call today.
seekingalpha.com
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Hersha Hospitality (HT) Q2 FFO and Revenues Beat Estimates
Hersha Hospitality (HT) delivered FFO and revenue surprises of 12% and 4.69%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
zacks.com
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Buffett Says Make Money While You Sleep, 2 Dividends For A Retirement Dream
The stock market is a psychological battleground where emotions create more impact than intelligence. A sound and well-rested mind is essential for a happy and prosperous living; The Income Method enables this for you.
seekingalpha.com
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Hersha Hospitality Trust to Report Second Quarter 2022 Earnings on August 3, 2022
PHILADELPHIA, June 20, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the Second quarter 2022 after the market close on Wednesday, August 3, 2022. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, August 4, 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.
globenewswire.com
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Hersha Hospitality Trust (HT) Management on Q1 2022 Results - Earnings Call Transcript
Hersha Hospitality Trust (NYSE:HT ) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET Company Participants Andrew Tamaccio - Investor Relations Neil Shah - President & Chief Operating Officer Ashish Parikh - Chief Financial Officer Conference Call Participants Dori Kesten - Wells Fargo Tyler Batory - Janney Montgomery Scott David Katz - Jefferies Michael Bellisario - Baird Bill Crow - Raymond James Aryeh Klein - BMO Capital Markets Chris Woronka - Deutsche Bank Anthony Powell - Barclays Operator Hello, every one, and thank you for joining the Hersha Hospitality Trust First Quarter 2022 Earnings Conference Call. My name is Darius and I will be moderating your call today.
seekingalpha.com
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Hersha Hospitality (HT) Q1 FFO Beat Estimates
Hersha Hospitality (HT) delivered FFO and revenue surprises of 400% and 5.58%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
zacks.com
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Does Hersha Hospitality (HT) Have the Potential to Rally 26% as Wall Street Analysts Expect?
The mean of analysts' price targets for Hersha Hospitality (HT) points to a 25.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
zacks.com
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Buy Alert: 2 Preferred Shares With Yields Up To 8%
Preferred shares are opportunistic after the recent selloff.
seekingalpha.com
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Hersha Hospitality Trust to Report First Quarter 2022 Earnings on April 27, 2022
PHILADELPHIA, March 21, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the first quarter 2022 after the market close on Wednesday, April 27, 2022. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, April 28, 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.
globenewswire.com
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2 Massive Yields +7%, For Your Peace Of Mind
There are times when playing defense makes sense; we face one such time.
seekingalpha.com
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Hersha Hospitality Trust (HT) Management on Q4 2021 Results - Earnings Call Transcript
Hersha Hospitality Trust (HT) Management on Q4 2021 Results - Earnings Call Transcript
seekingalpha.com
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Hersha Hospitality (HT) Beats Q4 FFO and Revenue Estimates
Hersha Hospitality (HT) delivered FFO and revenue surprises of 100% and 3.66%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
zacks.com
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Hersha Hospitality Trust to Report Fourth Quarter 2021 Earnings on February 16, 2022
PHILADELPHIA, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the fourth quarter 2021 after the market close on Wednesday, February 16, 2022. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, February 17, 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.
globenewswire.com
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A Look At Hotel REIT Hersha Hospitality Trust As An Inflation Hedge
Resort travel has been strong this season, but business travel remains weak.
seekingalpha.com
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Hersha Hospitality: Learn From My Falling In Love With A Stock
I have been a long-time and long-suffering holder of Hersha Hospitality. An earlier period of owning preferred shares was profitable.
seekingalpha.com
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REITs Rally Amid Reopening Rotation
U.S. equity markets advanced for the fifth-straight week as encouraging employment data, dovish Federal Reserve commentary, and surprising election results powered the major averages to fresh record highs. Closing the week on a seven-day winning streak, the S&P 500 gained 2.0% this week, while the Mid-Cap 400 rallied 4.0% and the Small-Cap 600 surged nearly 7%.
seekingalpha.com
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Small And Midcap Travel Turnarounds
Small and midcap travel stocks have lagged larger mainstream travel companies by as much as -20% through October 2021.
seekingalpha.com
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Hersha Hospitality Trust (HT) Management on Q3 2021 Results - Earnings Call Transcript
Hersha Hospitality Trust (HT) Management on Q3 2021 Results - Earnings Call Transcript
seekingalpha.com
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Hersha Hospitality (HT) Surpasses Q3 FFO Estimates
Hersha Hospitality (HT) delivered FFO and revenue surprises of 83.33% and -1.66%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
zacks.com
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Hersha Hospitality: Undervalued Property REIT On The Launching Pad
Hersha Hospitality: Undervalued Property REIT On The Launching Pad
seekingalpha.com
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Hersha Hospitality: Weighed Down By Debt, The Preferreds Are The Best Way To Tap Into Cash Flows
HT's portfolio of upscale hotels has been rebounding steadily this year. Unfortunately, five hotels have been sold so far this year in order to fund the REIT's persistent cash burn.
seekingalpha.com
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Think Big Like Billionaire Lee-Chin: 2 Dividends To Buy Now
Michael Lee-Chin is another legendary investor we can learn valuable lessons from. Buying opportunities to extract value from companies is important.
seekingalpha.com
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Invest Like Buffett: 3 Stocks With Big Cash Flows And High Yields
Invest Like Buffett: 3 Stocks With Big Cash Flows And High Yields
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Hersha Hospitality Trust to Report Third Quarter 2021 Earnings on October 26, 2021
PHILADELPHIA, Sept. 15, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the third quarter 2021 after the market close on Tuesday, October 26, 2021. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Wednesday, October 27, 2021. 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.
globenewswire.com
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Hersha Hospitality Trust Announces Quarterly Dividends
PHILADELPHIA, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that its Board of Trustees declared a cash dividend of $0.4297 per Series C Preferred Share, $0.40625 per Series D Preferred Share, and $0.40625 per Series E Preferred Share for the third quarter ending September 30, 2021. The preferred share dividends are payable October 15, 2021 to holders of record as of October 1, 2021.
globenewswire.com
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Hersha Hospitality Trust (HT) CEO Jay Shah on Q2 2021 Results - Earnings Call Transcript
Hersha Hospitality Trust (HT) CEO Jay Shah on Q2 2021 Results - Earnings Call Transcript
seekingalpha.com
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Hersha Hospitality Trust Announces Second Quarter 2021 Results
- Second Quarter 2021 Net Loss of $0.73 Per Share -- Total Adjusted EBITDA Exceeds Internal Forecast by 98% -- Property Level Cash Flow of $18.3 Million -- Positive Corporate Level Cash Flow Achieved in June -- Comparable Portfolio GOP Margins Exceed 45% in June -
globenewswire.com
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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.
seekingalpha.com
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Is a Surprise Coming for Hersha (HT) This Earnings Season?
Hersha (HT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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Sell Alert: These 2 REITs Aren't Worth Buying
Sell Alert: These 2 REITs Aren't Worth Buying
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Very Bad News For REIT Investors
REITs are hitting new all-time highs, but fundamentals remain challenged.
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Hersha Hospitality Trust to Report Second Quarter 2021 Earnings on July 27, 2021
PHILADELPHIA, June 01, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the second quarter 2021 after the market close on Tuesday, July 27, 2021. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Wednesday, July 28, 2021. 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.
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Hersha Hospitality Trust Provides Operational Update
- April Property-Level Cash Flow of $3.8 Million - - Successfully Closed on the Sale of the Duane Street Hotel -
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Hersha Hospitality Trust (HT) CEO Jay Shaw on Q1 2021 Results - Earnings Call Transcript
Hersha Hospitality Trust (HT) CEO Jay Shaw on Q1 2021 Results - Earnings Call Transcript
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Hersha Hospitality Trust Announces First Quarter 2021 Results
- First Quarter 2021 Net Income of $2.9 Million -- Property Level Cash Flow Increased to $3.7 Million in March -- First Quarter 2021 Occupancy Exceeds Fourth Quarter 2020 Occupancy by 1,300 Basis Points -- First Quarter Portfolio RevPAR Beats Internal Forecast by 34% -
globenewswire.com
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Don't Touch Hotel REITs With A 10-Foot Pole
Hotels were struggling before COVID due to a poor industry structure and oversupply. Now that financial stress is added on top, the outlook is rather grim.
seekingalpha.com
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A New Sell And Buy Alert: Net Lease REITs
A New Sell And Buy Alert: Net Lease REITs
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2 REITs That Could Triple In The Recovery
2 REITs That Could Triple In The Recovery
seekingalpha.com
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Hersha Hospitality Trust to Report First Quarter 2021 Earnings on April 28, 2021
PHILADELPHIA, March 15, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that the Company will release its financial results for the first quarter 2021 after the market close on Wednesday, April 28, 2021. The Company will host a conference call to discuss these results at 9:00 AM Eastern Time on Thursday, April 29, 2021. 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.
globenewswire.com
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When Rental Properties Are Better Investments Than REITs
I prefer to invest in REITs than rentals in most cases. However, exceptions exist, and I still occasionally invest in rentals.
seekingalpha.com
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Should You Buy the Travel Stocks?
Travel companies are beginning to see green shoots as coronavirus vaccines roll out around the world. Is there still time to get in?
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Hersha Hospitality Trust's (HT) Q4 2020 Results - Earnings Call Transcript
Hersha Hospitality Trust's (HT) Q4 2020 Results - Earnings Call Transcript
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Hersha Hospitality: Potential Return Of The Preferred Dividends
Hersha Hospitality's recent credit facility amendment announcement indicates the payout of accrued preferred dividends. The company has been selling its hotels at low cap rates (2019 NOI) and high 2019 EBITDA multiples.
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Hersha Hospitality Trust Announces Full Year and Fourth Quarter 2020 Results
- Fourth-Quarter 2020 COVID-19 Impact Loss of $1.16 Per Share -- Successfully Amends Senior Credit Facility -- Covenant Waivers Extended Through March 31, 2022 -- Closed $200 Million Unsecured Notes Placement -- Binding Sales Agreements on Six Hotels Totaling $216 Million -- Company Realized Positive Portfolio Level EBITDA in January -
globenewswire.com
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Great News For REITs
Most REIT investors focus on the rising interest rates, which is generally bad news for REITs. But they ignore the other side of the story, which is that the economy is now recovering from the pandemic.
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Hersha Hospitality Trust Provides Capital Allocation Update
- $200 Million Unsecured Notes Placement - - Successfully Amends Senior Credit Facility - - Covenant Waivers Extended Through March 31, 2022 - - Binding Sales Agreements on Six Hotels Totaling $216 Million -
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Hersha Hospitality Trust Announces Fourth Quarter 2020 Earnings Call Time Change
PHILADELPHIA, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced that it has changed the timing of its previously announced earnings conference call. The Company will now host a conference call to discuss results for the fourth quarter 2020 at 8:00 AM Eastern Time on Wednesday, February 24, 2021. 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.
globenewswire.com
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Hersha Hospitality Trust Announces Dividend Classification for 2020
PHILADELPHIA, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT); (“Hersha” or “the Company”), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced the tax classification of its Priority Class A Common Share (“Common Shares”), Series C Cumulative Redeemable Preferred Share (“Series C Preferred Shares”), Series D Cumulative Redeemable Preferred Share (“Series D Preferred Shares”) and Series E Cumulative Redeemable Preferred Share (“Series E Preferred Shares”) distributions for 2020 for Federal income tax reporting purposes. The tax information provided below should not be construed as tax advice and is not a substitute for careful tax planning and analysis. Shareholders should consult their tax advisors as to the tax treatment of the distributions.
globenewswire.com
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