Sotherly Hotels (NASDAQ:SOHO) Posts Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Sotherly Hotels (NASDAQ:SOHO) posted its quarterly earnings data on Thursday. The real estate investment trust reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.05, Zacks reports. Sotherly Hotels had a return on equity of 3.48% and a net margin of 0.92%. Sotherly Hotels updated its FY 2025 guidance to 0.570-0.610 EPS.

Sotherly Hotels Trading Down 0.3 %

SOHO stock traded down $0.00 during trading on Thursday, hitting $0.81. The company had a trading volume of 10,255 shares, compared to its average volume of 36,268. Sotherly Hotels has a 52-week low of $0.78 and a 52-week high of $1.54. The company has a 50 day simple moving average of $0.84 and a 200-day simple moving average of $1.04. The firm has a market capitalization of $16.04 million, a P/E ratio of -2.45 and a beta of 1.51. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of Sotherly Hotels in a report on Wednesday. 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.