Press coverage about SOTHERLY HOTELS/SH SH (NASDAQ:SOHO) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. SOTHERLY HOTELS/SH SH earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 47.059293145924 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
SOTHERLY HOTELS/SH SH traded up $0.01, hitting $7.05, during midday trading on Friday, according to MarketBeat. 18,231 shares of the company’s stock traded hands, compared to its average volume of 30,785. The firm has a market cap of $99.41 million, a PE ratio of 7.05 and a beta of 0.60. The company has a debt-to-equity ratio of 4.13, a quick ratio of 2.74 and a current ratio of 2.74. SOTHERLY HOTELS/SH SH has a one year low of $5.78 and a one year high of $7.20.
SOTHERLY HOTELS/SH SH (NASDAQ:SOHO) last released its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.28 by ($0.18). SOTHERLY HOTELS/SH SH had a net margin of 0.41% and a return on equity of 0.80%. The firm had revenue of $51.55 million during the quarter, compared to the consensus estimate of $43.80 million. sell-side analysts anticipate that SOTHERLY HOTELS/SH SH will post 1.04 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 11th. Stockholders of record on Friday, September 14th will be given a $0.125 dividend. This is a positive change from SOTHERLY HOTELS/SH SH’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend is Thursday, September 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 7.09%. SOTHERLY HOTELS/SH SH’s dividend payout ratio (DPR) is currently 48.00%.
Several analysts recently commented on SOHO shares. Zacks Investment Research cut shares of SOTHERLY HOTELS/SH SH from a “buy” rating to a “hold” rating in a report on Thursday, May 10th. ValuEngine cut shares of SOTHERLY HOTELS/SH SH from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, TheStreet raised shares of SOTHERLY HOTELS/SH SH from a “d+” rating to a “c” rating in a research report on Tuesday, May 1st.
About SOTHERLY HOTELS/SH SH
Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company's portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, and an interest in the Hyde Resort & Residences, a luxury condo hotel.
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