Hersha Hospitality Trust chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 10.31
Dividend & Yield0.10$ (1.20%)
Beta 2.03
Market capitalization 351.69M
Operating cash flow 75.57M
ESG Scores unknown

Company description

Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale and lifestyle hotels in urban gateway markets and resort destinations. The Company's 49 hotels totaling 7,774 rooms are located in New York, Washington, DC, Boston, Philadelphia, South Florida and select markets on the West Coast. The Company's common shares are traded on The New York Stock Exchange under the ticker “HT.”

Sector: Real Estate - Industry: REIT—Hotel & Motel

Financial Ratios
Quick Ratio0.65
Working Capital0.68
Return On Equity-0.07
Debt To Equity1.8
Fixed Asset Ratio0
Fixed Interest Cover-0.56

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 2.28M -10.59M 7.78M 10.91M
Total Cashflows From Investing Activities -53.57M -1.51M 151.47M 510.24M
Net Borrowings 37.05M 66.97M -57.83M -403.6M
Total Cash From Financing Activities -53.34M 45.6M -106.36M -440.73M
Change To Operating Activities -4.29M 11.21M -4.91M -6.19M
Issuance Of Stock
Net Income -3.67M -164.99M -38.83M 146.72M
Change In Cash -3.8M -13.38M 61.34M 145.07M
Effect Of Exchange Rate
Total Cash From Operating Activities 103.11M -57.47M 16.23M 75.57M
Depreciation 98.12M 100.07M 88.29M 69.37M
Change To Account Receivables 1.03M 3.52M -2.8M -431k
Other Cashflows From Financing Activities -8.27M -4.52M -6.23M -10.99M
Change To Netincome 9.65M 3.31M -33.29M -144.81M
Capital Expenditures -48.94M -26.34M -10.87M -23.59M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -5.75M -176.44M -42.52M 170.86M
Net Income -3.67M -164.99M -38.83M 146.72M
Selling General Administrative 26.43M 20.08M 23.03M 26.48M
Gross Profit 170.03M -16.18M 73.96M 133.62M
Ebit 47.07M -133.22M -32.37M 42.17M
Operating Income 47.07M -133.22M -32.37M 42.17M
Interest Expense -52.2M -51.78M -56.06M -48.42M
Income Tax Expense 92k 11.33M 838k 4.8M
Total Revenue 530.65M 173.72M 293.7M 405.82M
Cost Of Revenue 360.62M 189.9M 219.73M 272.21M
Total Other Income ExpenseNet -52.83M -43.22M -10.14M 128.69M
Net Income From Continuing Ops -5.85M -187.77M -43.35M 166.06M
Net Income Applicable To Common Shares -28.82M -189.16M -63.01M 121.34M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 1.25B 1.31B 1.22B 727.34M
Total Stockholder Equity 807.51M 622.86M 556.9M 682.85M
Other Current Liabilities 17.06M 7.77M 34.3M
Total Assets 2.12B 1.98B 1.83B 1.49B
Common Stock 387k 389k 394k 398k
Other Current Assets 23.83M 111.44M 27M 16.14M
Retained Earnings
Treasury Stock -337.69M -528.52M -598.52M -474.6M
Cash 27.01M 16.64M 72.24M 224.96M
Total Current Liabilities 62.35M 166.7M 163.56M 80.59M
Other Stockholder Equity -337.69M -528.52M -598.52M -474.6M
Property, Plant, and Equipment 2.02B 1.83B 1.71B 1.21B
Total Current Assets 70.47M 136.41M 110.32M 268.97M
Net Tangible Assets 805.37M 621.12M 555.57M 682.17M
Net Receivables 17.11M 8.33M 10.99M 9.17M
Accounts Payable 45.29M 32.19M 35.17M 44.15M


Insider Transactions

Here are the insider transactions of stock shares related to Hersha Hospitality Trust:

Filer Name Transaction Text Ownership Date Filer Relation Shares
HUTCHISON THOMAS J IIIPurchase at price 8.56 per share.D2023-02-23Director5k
LANDRY DONALD JStock Award(Grant) at price 0.00 per share.D2023-01-03Director4.83k
SABIN JOHN MStock Award(Grant) at price 0.00 per share.D2023-01-03Director4.83k
HUTCHISON THOMAS J IIIStock Award(Grant) at price 0.00 per share.D2023-01-03Director4.83k
LEVEN MICHAEL ALANStock Award(Grant) at price 0.00 per share.D2023-01-03Director4.83k
HSIEH JACKSONStock Award(Grant) at price 0.00 per share.D2023-01-03Director4.83k
MORGAN DIANNA FStock Award(Grant) at price 0.00 per share.D2023-01-03Director4.83k
GILLESPIE MICHAEL RSale at price 8.40 - 8.50 per share.D2022-12-30Officer39.89k
LANDRY DONALD JStock Award(Grant) at price 0.00 - 11.25 per share.D2022-06-01Director16.88k
SABIN JOHN MStock Award(Grant) at price 0.00 per share.D2022-06-01Director7.89k
HUTCHISON THOMAS J IIIStock Award(Grant) at price 0.00 - 11.25 per share.D2022-06-01Director23.9k
LEVEN MICHAEL ALANStock Award(Grant) at price 0.00 - 11.25 per share.D2022-06-01Director12.39k
HSIEH JACKSONStock Award(Grant) at price 0.00 - 11.25 per share.D2022-06-01Director21.46k
MORGAN DIANNA FStock Award(Grant) at price 0.00 per share.D2022-06-01Director7.89k
LANDRY DONALD JStock Award(Grant) at price 9.60 per share.D2022-01-03Director4.98k
SABIN JOHN MStock Award(Grant) at price 9.60 per share.D2022-01-03Director4.98k
HUTCHISON THOMAS J IIIStock Award(Grant) at price 9.60 per share.D2022-01-03Director4.98k
LEVEN MICHAEL ALANStock Award(Grant) at price 9.60 per share.D2022-01-03Director4.98k
HSIEH JACKSONStock Award(Grant) at price 9.60 per share.D2022-01-03Director4.98k
MORGAN DIANNA FStock Award(Grant) at price 9.60 per share.D2022-01-03Director4.98k
PARIKH ASHISH RStock Gift at price 0.00 per share.D2021-09-15Chief Financial Officer10.75k
PARIKH ASHISH RD2021-09-15Chief Financial Officer10.75k
LEVEN MICHAEL ALANSale at price 9.37 per share.D2021-08-27Director10.06k
LANDRY DONALD JStock Award(Grant) at price 0.00 - 11.31 per share.D2021-06-01Director15.28k
SABIN JOHN MStock Award(Grant) at price 0.00 per share.D2021-06-01Director5.64k
HUTCHISON THOMAS J IIIStock Award(Grant) at price 0.00 - 11.31 per share.D2021-06-01Director13.77k
LEVEN MICHAEL ALANStock Award(Grant) at price 0.00 - 11.31 per share.D2021-06-01Director10.46k
HSIEH JACKSONStock Award(Grant) at price 0.00 - 11.31 per share.D2021-06-01Director19.59k
MORGAN DIANNA FStock Award(Grant) at price 0.00 per share.D2021-06-01Director5.64k
HUTCHISON THOMAS J IIISale at price 11.84 per share.D2021-05-03Director10k
HUTCHISON THOMAS J IIISale at price 10.92 per share.D2021-03-30Director10k
LANDRY DONALD JStock Award(Grant) at price 0.00 - 8.24 per share.D2021-01-13Director7.64k
SABIN JOHN MStock Award(Grant) at price 0.00 - 8.24 per share.D2021-01-13Director7.71k
HUTCHISON THOMAS J IIIStock Award(Grant) at price 0.00 - 8.24 per share.D2021-01-13Director7.71k
LEVEN MICHAEL ALANStock Award(Grant) at price 0.00 - 8.24 per share.D2021-01-13Director7.41k
HSIEH JACKSONStock Award(Grant) at price 0.00 - 8.24 per share.D2021-01-13Director7.71k
MORGAN DIANNA FStock Award(Grant) at price 0.00 - 8.24 per share.D2021-01-13Director7.64k
PARIKH ASHISH RSale at price 8.08 per share.D2020-12-30Chief Financial Officer22.73k
PARIKH ASHISH RSale at price 8.15 - 8.24 per share.D2020-12-29Chief Financial Officer86.73k
SHAH JAY HPurchase at price 4.75 per share.D2020-10-29Chief Executive Officer5.3k
SHAH NEIL HPurchase at price 4.75 per share.D2020-10-29President5.3k
LANDRY DONALD JStock Award(Grant) at price 0.00 - 5.54 per share.D2020-09-30Director7.92k
SABIN JOHN MStock Award(Grant) at price 0.00 - 5.54 per share.D2020-09-30Director8.02k
HUTCHISON THOMAS J IIIStock Award(Grant) at price 0.00 - 5.54 per share.D2020-09-30Director8.02k
LEVEN MICHAEL ALANStock Award(Grant) at price 0.00 - 5.54 per share.D2020-09-30Director7.61k
HSIEH JACKSONStock Award(Grant) at price 0.00 - 5.54 per share.D2020-09-30Director8.02k
MORGAN DIANNA FStock Award(Grant) at price 0.00 - 5.54 per share.D2020-09-30Director7.92k
SHAH JAY HPurchase at price 5.00 per share.D2020-07-09Chief Executive Officer20k
SHAH NEIL HPurchase at price 5.00 per share.D2020-07-09President20k
LANDRY DONALD JStock Award(Grant) at price 0.00 - 5.76 per share.D2020-06-30Director11.47k
SABIN JOHN MStock Award(Grant) at price 0.00 - 5.76 per share.D2020-06-30Director9.48k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Hersha Hospitality Trust. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Hersha Hospitality Trust

Here is the result of two systematic investment strategies applied to Hersha Hospitality Trust. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Hersha Hospitality Trust

The following chart shows the equity curve of the two systematic investment strategies applied to Hersha Hospitality Trust:

Hersha Hospitality Trust automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -2.02% on the backtest period.

Performance at glance

Performance

-2.02 %

Latent gain

-45.88 $

Invested capital

2266.6 $

Annualized return

-0.49 %
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Momentum strategy results on Hersha Hospitality Trust

This is the result of two momentum investment strategies applied to Hersha Hospitality Trust. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Hersha Hospitality Trust

The following chart shows all the entries opened by the momentum investment system on Hersha Hospitality Trust:

Hersha Hospitality Trust momentum entries
  • The first momentum investment strategy would give -8.08% of return on Hersha Hospitality Trust. That represents -404.38$ of latent gain with 5001.66$ of employed capital.
  • The second momentum investment strategy would give -6.64% of return on Hersha Hospitality Trust. That represents -167.56$ of latent gain with 2524.64$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-8.08 %

Latent gain

-404.38 $

Invested capital

5001.66 $

Annualized return

-7.25 %
Performance at glance (2Q Momentum)

Performance

-6.64 %

Latent gain

-167.56 $

Invested capital

2524.64 $

Annualized return

-1.81 %

Momentum equity curve on Hersha Hospitality Trust

The following chart shows the equity curve of the two momentum strategies applied to Hersha Hospitality Trust:

Hersha Hospitality Trust momentum equity

Note: the dividends potentially given by Hersha Hospitality Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hersha Hospitality Trust

The following chart shows the employed capital evolution of the two momentum strategies on Hersha Hospitality Trust since the beginning:

Hersha Hospitality Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Hersha Hospitality Trust

Buy the dip entry openings on Hersha Hospitality Trust

Hersha Hospitality Trust

The performance achieved by the robo-advisor on Hersha Hospitality Trust is -15.52%. That represents -39.38$ of latent gain with 253.66$ of employed capital. The following chart shows Hersha Hospitality Trust stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Hersha Hospitality Trust, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-15.52 %

Latent gain

-39.38 $

Invested capital

253.66 $

Annualized return

-7.25 %

Equity curve of the strategy applied to Hersha Hospitality Trust

The following chart shows the result of the investment strategy applied to Hersha Hospitality Trust:

Hersha Hospitality Trust

Note: the dividends potentially given by Hersha Hospitality Trust are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Hersha Hospitality Trust

The following chart shows the employed capital evolution since the beginning of the investment strategy on Hersha Hospitality Trust:

Hersha Hospitality Trust

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Hersha Hospitality Trust

In this section, I will compare the three previous investment strategies applied to Hersha Hospitality Trust.

Equity curve comparison on Hersha Hospitality Trust

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Hersha Hospitality Trust investment strategy comparison

Employed capital comparison on Hersha Hospitality Trust

Hersha Hospitality Trust investment comparison

Performance comparison on Hersha Hospitality Trust

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -2.02% -45.88$ 2266.6$ -0.49%
Momentum 1 quarter -8.08% -404.38$ 5001.66$ -2.07%
Momentum 2 quarters -6.64% -167.56$ 2524.64$ -1.81%
Non-directional -15.52% -39.38$ 253.66$ -7.25%
Annualized return comparison

Automatic investment

-0.49 %

Momentum 1Q

-1.81 %

Momentum 2Q

-1.81 %

Non-directional

-7.25 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Hersha Hospitality Trust:

Note: The algorithm computes the probability of correlation between Hersha Hospitality Trust and the other stocks. There may be false positives or some missing correlated stocks. If the price of Hersha Hospitality Trust does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Hersha Hospitality Trust
Country United States
City Harrisburg
Address 44 Hersha Drive
Phone 717-236-4400
Website www.hersha.com
FullTime employees 27
Industry REIT—Hotel & Motel
Sector Real Estate
Exchange XNYS
Ticker HT
Market www.nyse.com

Hersha Hospitality Trust ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown