Sotherly Hotels (SOHO) to Release Quarterly Earnings on Wednesday

Sotherly Hotels (NASDAQ:SOHO) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.03 per share and revenue of $42.80 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Sotherly Hotels Price Performance

Shares of SOHO opened at $0.81 on Tuesday. The company has a market capitalization of $16.08 million, a P/E ratio of -2.45 and a beta of 1.53. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 7.16. The firm has a 50 day moving average of $0.87 and a 200 day moving average of $1.06. Sotherly Hotels has a twelve month low of $0.78 and a twelve month high of $1.54.

Analysts Set New Price Targets

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

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.