News stories about Sotherly Hotels (NASDAQ:SOHO) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sotherly Hotels earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media coverage about the real estate investment trust an impact score of 46.013285232418 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Shares of Sotherly Hotels (NASDAQ:SOHO) traded down $0.01 during trading hours on Friday, hitting $6.10. 24,470 shares of the stock were exchanged, compared to its average volume of 29,946. The stock has a market capitalization of $86.02, a price-to-earnings ratio of -24.40 and a beta of 0.73. Sotherly Hotels has a fifty-two week low of $5.57 and a fifty-two week high of $7.00. 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 issued its earnings results on Tuesday, February 27th. The real estate investment trust reported $0.22 EPS for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.04. The business had revenue of $38.16 million for the quarter, compared to analyst estimates of $40.00 million. Sotherly Hotels had a net margin of 0.27% and a return on equity of 0.56%. sell-side analysts expect that Sotherly Hotels will post 1.04 EPS for the current fiscal year.
A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Sotherly Hotels from a “buy” rating to a “hold” rating in a research report on Friday. Sandler O’Neill set a $7.00 target price on shares of Sotherly Hotels and gave the stock a “hold” rating in a research report on Wednesday, February 28th. Finally, ValuEngine lowered shares of Sotherly Hotels from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd.
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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