Sotherly Hotels (SOHO) Set to Announce Earnings on Tuesday

Sotherly Hotels (NASDAQ:SOHO) will release its earnings data before the market opens on Tuesday, February 27th. Analysts expect Sotherly Hotels to post earnings of ($0.08) per share for the quarter.

Sotherly Hotels (NASDAQ:SOHO) opened at $6.19 on Tuesday. The stock has a market cap of $85.57, a price-to-earnings ratio of -619.00 and a beta of 0.71. The company has a debt-to-equity ratio of 4.46, a quick ratio of 2.78 and a current ratio of 2.78. Sotherly Hotels has a 1-year low of $5.57 and a 1-year high of $7.66.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 11th. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.115 per share. 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. This represents a $0.46 annualized dividend and a dividend yield of 7.43%. Sotherly Hotels’s dividend payout ratio is -4,400.00%.

Several brokerages have recently issued reports on SOHO. Zacks Investment Research upgraded shares of Sotherly Hotels from a “strong sell” rating to a “hold” rating in a report on Thursday, February 15th. ValuEngine downgraded shares of Sotherly Hotels from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd.

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About Sotherly Hotels

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.

Earnings History for Sotherly Hotels (NASDAQ:SOHO)

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