Hospitality Properties Trust (NASDAQ:HPT) declared a dividend on Saturday, January 20th, Fidelity reports. Stockholders of record on Monday, January 29th will be given a dividend of 0.52 per share by the real estate investment trust on Monday, February 26th. This represents a dividend yield of 0.0178448867536033%. The ex-dividend date of this dividend is Friday, January 26th.
Hospitality Properties Trust (HPT) opened at $29.14 on Friday. Hospitality Properties Trust has a fifty-two week low of $26.64 and a fifty-two week high of $32.68. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44. The company has a market capitalization of $4,789.13, a price-to-earnings ratio of 8.07, a PEG ratio of 1.54 and a beta of 1.06.
Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 EPS for the quarter, topping the consensus estimate of $1.04 by $0.03. Hospitality Properties Trust had a return on equity of 8.79% and a net margin of 11.66%. The business had revenue of $577.60 million for the quarter, compared to analyst estimates of $581.67 million. During the same quarter in the previous year, the firm earned $1.03 EPS. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. research analysts expect that Hospitality Properties Trust will post 3.57 earnings per share for the current year.
Several analysts recently issued reports on HPT shares. B. Riley restated a “buy” rating on shares of Hospitality Properties Trust in a report on Wednesday, November 1st. BidaskClub lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Stifel Nicolaus restated a “buy” rating and issued a $31.00 price objective on shares of Hospitality Properties Trust in a report on Wednesday, January 3rd. Zacks Investment Research upgraded shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a report on Wednesday, October 11th. Finally, Robert W. Baird set a $30.00 price objective on shares of Hospitality Properties Trust and gave the company a “hold” rating in a report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Hospitality Properties Trust has a consensus rating of “Hold” and a consensus price target of $31.29.
About Hospitality Properties Trust
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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