Hospitality Properties Trust (HPT) to Release Earnings on Tuesday

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

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

NASDAQ HPT opened at $25.74 on Monday. The firm has a market cap of $4.23 billion, a P/E ratio of 7.21, a P/E/G ratio of 1.31 and a beta of 0.92. 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 fifty-two week low of $23.83 and a fifty-two week high of $31.27.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 15th. Investors of record on Monday, October 29th will be given a dividend of $0.53 per share. The ex-dividend date is Friday, October 26th. This represents a $2.12 annualized dividend and a yield of 8.24%. Hospitality Properties Trust’s dividend payout ratio (DPR) is presently 59.38%.

Several equities analysts recently weighed in on HPT shares. ValuEngine downgraded Hospitality Properties Trust from a “hold” rating to a “sell” rating in a research report on Thursday, October 4th. BidaskClub downgraded Hospitality Properties Trust from a “buy” rating to a “hold” rating in a research report on Tuesday, July 17th. Zacks Investment Research upgraded Hospitality Properties Trust from a “sell” rating to a “hold” rating in a research report on Tuesday, October 23rd. Finally, B. Riley lifted their target price on Hospitality Properties Trust from $32.00 to $33.00 and gave the company a “buy” rating in a research report on Monday, August 13th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $29.83.

Hospitality Properties Trust Company Profile

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: Fundamental Analysis

Earnings History for Hospitality Properties Trust (NASDAQ:HPT)

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