Sotherly Hotels (SOHO) to Release Quarterly Earnings on Thursday

Sotherly Hotels (NASDAQ:SOHO) is expected to release its earnings data before the market opens on Thursday, March 13th. Analysts expect Sotherly Hotels to post earnings of $0.03 per share and revenue of $42.80 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Sotherly Hotels Stock Up 0.0 %

SOHO opened at $0.82 on Tuesday. The company’s 50-day moving average is $0.85 and its 200 day moving average is $1.04. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.51 and a quick ratio of 1.51. 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 $16.26 million, a P/E ratio of -2.48 and a beta of 1.51.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Sotherly Hotels in a report on Tuesday, March 4th. They issued a “hold” rating on the stock.

About Sotherly Hotels

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.