Media headlines about Sotherly Hotels (NASDAQ:SOHO) have trended somewhat negative on Wednesday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sotherly Hotels earned a news sentiment score of -0.02 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.9710932382601 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Sotherly Hotels (SOHO) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS (americanbankingnews.com)
- Sotherly Hotels Inc. Reports Financial Results for the Year Ended December 31, 2017 (finance.yahoo.com)
- What the Latest Uber Effect Means for Your Dining Experience (Hint: It’s All Good) (inc.com)
- Victory House, London, UK (wallpaper.com)
Sotherly Hotels (SOHO) traded up $0.02 during trading on Wednesday, hitting $6.12. The stock had a trading volume of 70,000 shares, compared to its average volume of 30,458. Sotherly Hotels has a one year low of $5.57 and a one year high of $7.66. The company has a debt-to-equity ratio of 4.46, a current ratio of 2.78 and a quick ratio of 2.78. The firm has a market capitalization of $84.32, a P/E ratio of -611.39 and a beta of 0.71.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 11th. Shareholders of record on Thursday, March 15th will be given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 7.52%. The ex-dividend date of this dividend is Wednesday, March 14th. This is an increase from Sotherly Hotels’s previous quarterly dividend of $0.11. Sotherly Hotels’s dividend payout ratio is currently -4,395.60%.
SOHO has been the subject of several recent research reports. ValuEngine downgraded Sotherly Hotels from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Sandler O’Neill set a $7.00 price objective on Sotherly Hotels and gave the company a “hold” rating in a research note on Wednesday. Finally, Zacks Investment Research raised Sotherly Hotels from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 15th.
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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