Sotherly Hotels (SOHO) Earning Somewhat Favorable News Coverage, Analysis Shows
Headlines about Sotherly Hotels (NASDAQ:SOHO) have been trending somewhat positive on Monday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sotherly Hotels earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 46.6254065949033 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Sotherly Hotels Inc. (SOHO) Downgraded by Zacks Investment Research to Strong Sell (americanbankingnews.com)
- Sotherly Hotels Inc. : Announces Plans for Wilmington Hotel; To Join Hiltons Tapestry Collection (4-traders.com)
- Sotherly Hotels Inc. Announces Plans for Wilmington Hotel; To Join Hilton’s Tapestry Collection (finance.yahoo.com)
- Critical Contrast: Sotherly Hotels (SOHO) and Ashford Hospitality Prime (AHP) (americanbankingnews.com)
Several brokerages have recently commented on SOHO. Zacks Investment Research lowered Sotherly Hotels from a “hold” rating to a “strong sell” rating in a research note on Saturday. ValuEngine raised Sotherly Hotels from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 6th. Finally, TheStreet lowered Sotherly Hotels from a “c” rating to a “d+” rating in a research note on Wednesday, August 9th. One analyst has rated the stock with a sell rating, one has issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $8.00.
Shares of Sotherly Hotels (SOHO) opened at $6.80 on Monday. The company has a market capitalization of $94.00, a P/E ratio of 7.64 and a beta of 0.71. The company has a debt-to-equity ratio of 4.46, a quick ratio of 2.78 and a current ratio of 2.78. Sotherly Hotels has a 52 week low of $5.29 and a 52 week high of $7.66.
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 11th. Investors of record on Friday, December 15th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 6.47%. The ex-dividend date of this dividend is Thursday, December 14th. Sotherly Hotels’s payout ratio is currently -4,395.60%.
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Sotherly Hotels Company Profile
Sotherly Hotels Inc is a self-managed and self-administered lodging real estate investment trust. The Company is focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the southern United States. The Company operates through the hotel ownership segment.
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