Hospitality Properties Trust (SVC) to Issue Quarterly Dividend of $0.01 on November 19th

Hospitality Properties Trust (NASDAQ:SVC) declared a quarterly dividend on Thursday, October 15th, Zacks reports. Shareholders of record on Monday, October 26th will be paid a dividend of 0.01 per share by the real estate investment trust on Thursday, November 19th. This represents a $0.04 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend is Friday, October 23rd.

SVC stock opened at $7.80 on Friday. The company has a market cap of $1.28 billion, a price-to-earnings ratio of -27.86 and a beta of 2.04. The company has a quick ratio of 0.14, a current ratio of 0.14 and a debt-to-equity ratio of 2.63. The business has a fifty day simple moving average of $8.25 and a 200-day simple moving average of $7.35. Hospitality Properties Trust has a 52 week low of $3.59 and a 52 week high of $26.28.

Hospitality Properties Trust (NASDAQ:SVC) last released its quarterly earnings data on Friday, August 7th. The real estate investment trust reported ($0.23) EPS for the quarter, topping analysts’ consensus estimates of ($0.63) by $0.40. Hospitality Properties Trust had a negative return on equity of 1.86% and a negative net margin of 2.44%. As a group, analysts expect that Hospitality Properties Trust will post 2.06 earnings per share for the current fiscal year.

A number of research firms have recently commented on SVC. BidaskClub downgraded Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Friday. Zacks Investment Research downgraded Hospitality Properties Trust from a “hold” rating to a “sell” rating in a report on Tuesday, September 29th. ValuEngine downgraded Hospitality Properties Trust from a “sell” rating to a “strong sell” rating in a report on Monday, August 3rd. Finally, Wells Fargo & Company decreased their price target on shares of Hospitality Properties Trust from $13.00 to $7.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 22nd. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $9.00.

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, the District of Columbia, 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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Dividend History for Hospitality Properties Trust (NASDAQ:SVC)

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