Sotherly Hotels (SOHO) to Release Quarterly Earnings on Thursday

Sotherly Hotels (NASDAQ:SOHOGet Free Report) is expected to announce its earnings results 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. Individual interested in listening to the company’s earnings conference call can do so using this link.

Sotherly Hotels Stock Down 1.0 %

Sotherly Hotels stock opened at $0.81 on Wednesday. The company has a market capitalization of $16.10 million, a PE ratio of -2.46 and a beta of 1.51. Sotherly Hotels has a 12-month low of $0.78 and a 12-month high of $1.54. The firm’s fifty day moving average is $0.85 and its 200 day moving average is $1.04. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Sotherly Hotels in a research note on Wednesday. They issued a “hold” rating for the company.

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About Sotherly Hotels

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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.

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Earnings History for Sotherly Hotels (NASDAQ:SOHO)

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