Analysts expect Sotherly Hotels Inc. (NASDAQ:SOHO – Get Rating) to report $0.10 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Sotherly Hotels’ earnings. The highest EPS estimate is $0.22 and the lowest is ($0.03). Sotherly Hotels posted earnings per share of ($0.33) during the same quarter last year, which indicates a positive year-over-year growth rate of 130.3%. The firm is expected to announce its next quarterly earnings results before the market opens on Monday, January 1st.
On average, analysts expect that Sotherly Hotels will report full year earnings of $0.53 per share for the current financial year, with EPS estimates ranging from $0.45 to $0.60. For the next financial year, analysts expect that the business will post earnings of $0.67 per share. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that follow Sotherly Hotels.
Sotherly Hotels (NASDAQ:SOHO – Get Rating) last released its quarterly earnings results on Thursday, March 3rd. The real estate investment trust reported ($1.05) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.39) by ($0.66). Sotherly Hotels had a negative return on equity of 85.71% and a negative net margin of 20.55%. During the same period last year, the business posted ($0.69) EPS.
Several large investors have recently bought and sold shares of SOHO. Moors & Cabot Inc. acquired a new position in shares of Sotherly Hotels during the 3rd quarter worth approximately $31,000. J.W. Cole Advisors Inc. acquired a new position in shares of Sotherly Hotels during the 4th quarter worth approximately $59,000. PSI Advisors LLC bought a new position in shares of Sotherly Hotels during the 3rd quarter worth approximately $84,000. Golden State Equity Partners bought a new position in shares of Sotherly Hotels during the 3rd quarter worth approximately $99,000. Finally, Citadel Advisors LLC bought a new position in shares of Sotherly Hotels during the 3rd quarter worth approximately $107,000. 20.70% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NASDAQ SOHO traded up $0.01 during mid-day trading on Friday, reaching $2.08. 51,456 shares of the company’s stock were exchanged, compared to its average volume of 74,744. The firm has a market capitalization of $36.67 million, a price-to-earnings ratio of -0.99 and a beta of 1.81. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 22.96. The business has a fifty day simple moving average of $2.22 and a 200 day simple moving average of $2.28. Sotherly Hotels has a twelve month low of $1.89 and a twelve month high of $4.17.
Sotherly Hotels Company Profile (Get Rating)
Sotherly Hotels, Inc is a real estate investment trust, which engages in the ownership and management of hotels. It operates under the Hilton, CrownePlaza, DoubleTree, and Sheraton brands. The company was founded in August 2004 and is headquartered in Williamsburg, VA.
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