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

StockNews.com initiated coverage on shares of Sotherly Hotels (NASDAQ:SOHO) in a research note issued to investors on Thursday. The firm issued a hold rating on the real estate investment trust’s stock.

Sotherly Hotels Stock Down 3.9 %

Shares of NASDAQ SOHO opened at $0.83 on Thursday. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. The firm’s 50-day moving average is $0.96 and its two-hundred day moving average is $1.14. Sotherly Hotels has a 12-month low of $0.81 and a 12-month high of $1.54. The company has a market capitalization of $16.48 million, a PE ratio of -2.52 and a beta of 1.55.

Sotherly Hotels (NASDAQ:SOHO) last issued its quarterly earnings data on Tuesday, November 12th. The real estate investment trust reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.30). The company had revenue of $40.70 million for the quarter, compared to analyst estimates of $42.00 million. Sotherly Hotels had a return on equity of 3.48% and a net margin of 0.92%. Equities analysts anticipate 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.