Sotherly Hotels (NASDAQ:SOHO) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Sotherly Hotels (NASDAQ:SOHOGet Free Report) in a research report issued on Thursday. The brokerage set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Price Performance

Shares of NASDAQ:SOHO opened at $0.86 on Thursday. Sotherly Hotels has a 52 week low of $0.81 and a 52 week high of $1.54. The company has a 50-day moving average price of $0.96 and a 200 day moving average price of $1.14. The company has a market cap of $17.15 million, a P/E ratio of -2.62 and a beta of 1.55. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16.

Sotherly Hotels (NASDAQ:SOHOGet Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The real estate investment trust reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.30). Sotherly Hotels had a return on equity of 3.48% and a net margin of 0.92%. The business had revenue of $40.70 million for the quarter, compared to analyst estimates of $42.00 million. Research analysts predict that Sotherly Hotels will post 0.55 earnings per share for the current year.

About Sotherly Hotels

(Get Free Report)

Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.

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