Media coverage about Hospitality Properties Trust (NASDAQ:HPT) has been trending positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hospitality Properties Trust earned a coverage optimism score of 0.31 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.4379819209717 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Shares of Hospitality Properties Trust (NASDAQ HPT) opened at $30.11 on Monday. The company has a quick ratio of 0.42, a current ratio of 0.42 and a debt-to-equity ratio of 1.44. Hospitality Properties Trust has a 1-year low of $26.64 and a 1-year high of $32.68. The firm has a market cap of $4,948.55, a price-to-earnings ratio of 8.34, a price-to-earnings-growth ratio of 1.68 and a beta of 1.05.
Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The firm had revenue of $577.60 million during the quarter, compared to the consensus estimate of $581.67 million. During the same period in the prior year, the firm earned $1.03 EPS. The business’s revenue was up 6.3% on a year-over-year basis. equities research analysts predict that Hospitality Properties Trust will post 3.58 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, October 23rd were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date was Friday, October 20th. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 148.57%.
A number of research analysts recently issued reports on HPT shares. BidaskClub lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Zacks Investment Research raised shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a report on Wednesday, October 11th. Robert W. Baird set a $30.00 price target on shares of Hospitality Properties Trust and gave the company a “hold” rating in a report on Tuesday, October 17th. Finally, B. Riley reissued a “buy” rating on shares of Hospitality Properties Trust in a report on Wednesday, November 1st. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $32.17.
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Hospitality Properties Trust Company Profile
Hospitality Properties Trust is a real estate investment trust. The Company’s segments include hotel investments, travel center investments and corporate. As of December 31, 2016, the Company owned 306 hotels with 46,583 rooms or suites, and 198 travel centers. As of December 31, 2016, the Company’s properties were located in 45 states in the United States, Canada and Puerto Rico.
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