Equities research analysts expect Hospitality Properties Trust (NASDAQ:HPT) to announce earnings per share (EPS) of $1.09 for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Hospitality Properties Trust’s earnings, with the highest EPS estimate coming in at $1.11 and the lowest estimate coming in at $1.06. Hospitality Properties Trust also posted earnings per share of $1.09 during the same quarter last year. The firm is scheduled to issue its next earnings results on Tuesday, August 8th.
According to Zacks, analysts expect that Hospitality Properties Trust will report full-year earnings of $3.63 per share for the current financial year, with EPS estimates ranging from $3.44 to $3.78. For the next fiscal year, analysts expect that the firm will report earnings of $3.86 per share, with EPS estimates ranging from $3.53 to $4.03. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Hospitality Properties Trust.
Hospitality Properties Trust (NASDAQ:HPT) last posted its quarterly earnings data on Wednesday, May 10th. The real estate investment trust reported $0.91 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.91. Hospitality Properties Trust had a return on equity of 7.54% and a net margin of 10.10%. The company had revenue of $488.60 million during the quarter, compared to analyst estimates of $482.04 million. During the same period in the previous year, the business earned $0.93 EPS. Hospitality Properties Trust’s quarterly revenue was up 3.1% on a year-over-year basis.
A number of analysts recently issued reports on HPT shares. BidaskClub upgraded shares of Hospitality Properties Trust from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th. Zacks Investment Research lowered shares of Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th. DA Davidson started coverage on shares of Hospitality Properties Trust in a research report on Wednesday, March 22nd. They set a “buy” rating and a $35.00 target price on the stock. JMP Securities restated a “market perform” rating on shares of Hospitality Properties Trust in a research report on Friday, April 7th. Finally, Robert W. Baird restated a “neutral” rating and set a $32.00 target price (up previously from $31.00) on shares of Hospitality Properties Trust in a research report on Friday, June 16th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $33.21.
Shares of Hospitality Properties Trust (NASDAQ HPT) traded up 0.62% on Monday, hitting $29.42. The stock had a trading volume of 421,746 shares. The company’s 50 day moving average is $29.47 and its 200 day moving average is $30.93. The stock has a market cap of $4.83 billion, a PE ratio of 25.83 and a beta of 1.01. Hospitality Properties Trust has a one year low of $26.06 and a one year high of $32.68.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 17th. Investors of record on Monday, July 24th will be issued a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $2.08 annualized dividend and a dividend yield of 7.07%. Hospitality Properties Trust’s payout ratio is 180.87%.
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Several institutional investors have recently bought and sold shares of HPT. OLD Mutual Customised Solutions Proprietary Ltd. raised its position in Hospitality Properties Trust by 117.4% in the first quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 5,000 shares of the real estate investment trust’s stock valued at $158,000 after buying an additional 2,700 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Hospitality Properties Trust during the first quarter valued at about $198,000. Northwestern Mutual Wealth Management Co. increased its stake in Hospitality Properties Trust by 3,130.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 6,460 shares of the real estate investment trust’s stock valued at $204,000 after buying an additional 6,260 shares during the period. Jane Street Group LLC purchased a new stake in Hospitality Properties Trust during the first quarter valued at about $209,000. Finally, Sequoia Financial Advisors LLC purchased a new stake in Hospitality Properties Trust during the first quarter valued at about $211,000. Institutional investors and hedge funds own 77.83% of the company’s stock.
Hospitality Properties Trust Company Profile
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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