Hospitality Properties Trust (HPT) to Release Earnings on Tuesday

Hospitality Properties Trust (NASDAQ:HPT) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 6th. Analysts expect Hospitality Properties Trust to post earnings of $1.04 per share for the quarter.

Hospitality Properties Trust (NASDAQ:HPT) last issued its quarterly earnings results on Thursday, August 9th. The real estate investment trust reported $0.59 EPS for the quarter, missing the consensus estimate of $1.07 by ($0.48). Hospitality Properties Trust had a return on equity of 8.19% and a net margin of 13.08%. The business had revenue of $612.00 million for the quarter, compared to the consensus estimate of $601.86 million. During the same period last year, the firm earned $0.37 earnings per share. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. On average, analysts expect Hospitality Properties Trust to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of NASDAQ:HPT opened at $25.83 on Tuesday. The company has a current ratio of 0.43, a quick ratio of 0.43 and a debt-to-equity ratio of 1.49. Hospitality Properties Trust has a one year low of $23.83 and a one year high of $31.27. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 7.24, a price-to-earnings-growth ratio of 1.31 and a beta of 0.88.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Monday, October 29th will be given a dividend of $0.53 per share. The ex-dividend date of this dividend is Friday, October 26th. This represents a $2.12 annualized dividend and a yield of 8.21%. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 59.38%.

A number of brokerages have recently issued reports on HPT. Zacks Investment Research cut shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Thursday, October 11th. ValuEngine raised shares of Hospitality Properties Trust from a “sell” rating to a “hold” rating in a report on Thursday, July 19th. BidaskClub cut shares of Hospitality Properties Trust from a “buy” rating to a “hold” rating in a report on Tuesday, July 17th. Finally, B. Riley upped their target price on shares of Hospitality Properties Trust from $32.00 to $33.00 and gave the company a “buy” rating in a report on Monday, August 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $29.83.

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.

See Also: Stop Order Uses For Individual Investors

Earnings History for Hospitality Properties Trust (NASDAQ:HPT)

Receive News & Ratings for Hospitality Properties Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hospitality Properties Trust and related companies with's FREE daily email newsletter.

Leave a Reply