Sotherly Hotels (NASDAQ:SOHO) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a note issued to investors on Friday. The firm set a “hold” rating on the real estate investment trust’s stock.

Sotherly Hotels Price Performance

Sotherly Hotels stock opened at $0.79 on Friday. Sotherly Hotels has a fifty-two week low of $0.78 and a fifty-two week high of $1.54. The firm has a market capitalization of $15.68 million, a price-to-earnings ratio of -2.39 and a beta of 1.55. The stock’s fifty day moving average is $0.94 and its two-hundred day moving average is $1.13. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.51 and a current ratio of 1.51.

Sotherly Hotels (NASDAQ:SOHO) last released its quarterly earnings data on Tuesday, November 12th. The real estate investment trust reported ($0.29) EPS for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $42.00 million. Analysts predict that Sotherly Hotels will post 0.55 EPS for the current fiscal year.

Sotherly Hotels Company Profile

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.