News stories about Sotherly Hotels (NASDAQ:SOHO) have trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sotherly Hotels earned a news impact score of 0.21 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 47.8379000547292 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several analysts have recently commented on SOHO shares. ValuEngine raised shares of Sotherly Hotels from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 6th. Zacks Investment Research raised shares of Sotherly Hotels from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th.
Shares of Sotherly Hotels (NASDAQ SOHO) opened at $6.10 on Friday. The company has a market cap of $85.71, a P/E ratio of -609.39 and a beta of 0.71. Sotherly Hotels has a 52-week low of $5.57 and a 52-week high of $7.66. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 4.46.
Sotherly Hotels (NASDAQ:SOHO) last announced its quarterly earnings data on Tuesday, November 7th. The real estate investment trust reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.24 by ($0.35). Sotherly Hotels had a return on equity of 3.98% and a net margin of 2.01%. research analysts expect that Sotherly Hotels will post 0.92 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Thursday, March 15th will be given a dividend of $0.115 per share. This is an increase from Sotherly Hotels’s previous quarterly dividend of $0.11. The ex-dividend date is Wednesday, March 14th. This represents a $0.46 annualized dividend and a dividend yield of 7.54%. Sotherly Hotels’s dividend payout ratio (DPR) is -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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