Hospitality Properties Trust (HPT) Earns News Sentiment Score of 0.34
Media headlines about Hospitality Properties Trust (NASDAQ:HPT) have been trending positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hospitality Properties Trust earned a daily sentiment score of 0.34 on Accern’s scale. Accern also assigned news coverage about the real estate investment trust an impact score of 47.2488959462877 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Notable Active Stock’s Momentum: Northwest Biotherapeutics, Inc., (NASDAQ: NWBO), Hospitality Properties Trust … – Stocks In The News (press release) (tradingnewsnow.com)
- Hospitality Properties Trust (HPT) Short Interest Update (americanbankingnews.com)
- HPT to buy more conservatively, focus on renovations (hotelnewsnow.com)
- Hospitality Properties Trust (HPT) PT Raised to $35 at B.Riley/FBR – StreetInsider.com (streetinsider.com)
- Hospitality Properties Trust (HPT) Upgraded by Zacks Investment Research to Hold (americanbankingnews.com)
Shares of Hospitality Properties Trust (NASDAQ HPT) opened at $29.58 on Wednesday. Hospitality Properties Trust has a fifty-two week low of $26.64 and a fifty-two week high of $32.68. The company has a market cap of $4,849.94, a price-to-earnings ratio of 8.17, a PEG ratio of 1.65 and a beta of 1.05. The company has a current ratio of 0.42, a quick ratio of 0.42 and a debt-to-equity ratio of 1.44.
Hospitality Properties Trust (NASDAQ:HPT) last announced its earnings results on Wednesday, November 8th. The real estate investment trust reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $1.04 by $0.03. Hospitality Properties Trust had a net margin of 11.66% and a return on equity of 8.79%. The firm had revenue of $577.60 million for the quarter, compared to analysts’ expectations of $581.67 million. During the same quarter in the previous year, the business posted $1.03 EPS. The company’s quarterly revenue was up 6.3% on a year-over-year basis. sell-side analysts forecast that Hospitality Properties Trust will post 3.58 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 16th. Stockholders of record on Monday, October 23rd will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 7.03%. The ex-dividend date of this dividend is Friday, October 20th. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 148.57%.
HPT has been the topic of a number of research analyst reports. BidaskClub downgraded shares of Hospitality Properties Trust from a “sell” rating to a “strong sell” rating in a research report on Tuesday, July 25th. FBR & Co reissued a “buy” rating and set a $33.00 price objective (down from $35.00) on shares of Hospitality Properties Trust in a research report on Thursday, August 10th. Stifel Nicolaus reissued a “buy” rating and set a $33.00 price objective (down from $33.50) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Canaccord Genuity reissued a “hold” rating and set a $30.00 price objective (down from $32.00) on shares of Hospitality Properties Trust in a research report on Friday, August 11th. Finally, Zacks Investment Research raised shares of Hospitality Properties Trust from a “hold” rating to a “buy” rating and set a $32.00 price objective on the stock in a research report on Wednesday, October 11th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $32.17.
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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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