Press coverage about Hospitality Properties Trust (NASDAQ:HPT) has been trending positive on Wednesday, according to Accern. The research group scores the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hospitality Properties Trust earned a news impact score of 0.34 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.0405843273813 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Zacks: Analysts Expect Hospitality Properties Trust (HPT) Will Announce Earnings of $1.07 Per Share (americanbankingnews.com)
- Hospitality Properties Trust (HPT) PT Raised to $30.00 at Stifel Nicolaus (americanbankingnews.com)
- Bustling Stocks: The Coca-Cola Company (NYSE:KO), Hospitality Properties Trust (NASDAQ:HPT), Targa Resources … (journalfinance.net)
- Buying & Selling: Hotel Deals to Know (hotelbusiness.com)
- Undulating Stocks: Renmin Tianli Group, Inc. (NASDAQ:ABAC), TRI Pointe Group, Inc. (NYSE:TPH), Hospitality … (thestreetpoint.com)
A number of equities research analysts have commented on the company. Wells Fargo & Co upgraded Hospitality Properties Trust from an “underperform” rating to a “market perform” rating and lowered their target price for the company from $28.00 to $25.00 in a report on Monday, March 19th. ValuEngine cut Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. BidaskClub upgraded Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, Stifel Nicolaus increased their target price on Hospitality Properties Trust from $29.00 to $30.00 and gave the company a “buy” rating in a report on Friday, June 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $30.13.
Shares of Hospitality Properties Trust traded up $0.47, hitting $28.78, during trading hours on Wednesday, according to Marketbeat Ratings. The stock had a trading volume of 523,312 shares, compared to its average volume of 799,980. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 1.48. The firm has a market capitalization of $4.65 billion, a P/E ratio of 8.06, a price-to-earnings-growth ratio of 1.47 and a beta of 0.97. Hospitality Properties Trust has a 12-month low of $23.83 and a 12-month high of $31.27.
Hospitality Properties Trust (NASDAQ:HPT) last issued its earnings results on Wednesday, May 9th. The real estate investment trust reported $0.94 earnings per share for the quarter, hitting the consensus estimate of $0.94. The business had revenue of $528.60 million for the quarter, compared to analyst estimates of $525.68 million. Hospitality Properties Trust had a return on equity of 6.85% and a net margin of 11.67%. The business’s quarterly revenue was up 8.2% on a year-over-year basis. During the same period last year, the company posted $0.16 EPS. sell-side analysts predict that Hospitality Properties Trust will post 3.86 earnings per share for the current year.
About Hospitality Properties Trust
Hospitality Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and travel centers located in 45 states, Puerto Rico and Canada. HPT's properties are operated under long term management or lease agreements. HPT is managed by the operating subsidiary of The RMR Group Inc (Nasdaq: RMR), an alternative asset management company that is headquartered in Newton, Massachusetts.
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