Sotherly Hotels (SOHO) Expected to Announce Quarterly Earnings on Thursday

Sotherly Hotels (NASDAQ:SOHOGet Free Report) is expected to be issuing its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $42.80 million for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Sotherly Hotels Stock Performance

Shares of SOHO opened at $0.81 on Thursday. The stock’s 50-day simple moving average is $0.86 and its 200 day simple moving average is $1.05. The stock has a market capitalization of $16.08 million, a price-to-earnings ratio of -2.45 and a beta of 1.53. 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 has a 52-week low of $0.78 and a 52-week high of $1.54.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on Sotherly Hotels in a report on Tuesday. They set a “hold” rating on the stock.

Read Our Latest Stock Report on Sotherly Hotels

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.

Further Reading

Earnings History for Sotherly Hotels (NASDAQ:SOHO)

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