InnSuites Hospitality Trust (NYSE:IHT – Get Free Report) declared a semi-annual dividend on Monday, January 13th,Wall Street Journal reports. Investors of record on Friday, January 24th will be paid a dividend of 0.01 per share on Wednesday, February 5th. This represents a dividend yield of 0.8%. The ex-dividend date is Friday, January 24th.
InnSuites Hospitality Trust Price Performance
NYSE:IHT opened at $2.47 on Wednesday. The firm has a market capitalization of $21.65 million, a price-to-earnings ratio of -41.16 and a beta of 0.21. The company has a debt-to-equity ratio of 4.54, a current ratio of 1.22 and a quick ratio of 1.22. The business has a 50 day simple moving average of $2.20 and a 200-day simple moving average of $1.94. InnSuites Hospitality Trust has a 1 year low of $1.25 and a 1 year high of $2.70.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on shares of InnSuites Hospitality Trust in a research report on Saturday. They set a “hold” rating on the stock.
InnSuites Hospitality Trust Company Profile
InnSuites Hospitality Trust (NYSE American symbol: IHT) first listed on the NYSE in 1971 is headquartered in Phoenix, Arizona is an unincorporated Ohio Business. Trust that owns and manages hotels under the InnSuites Hotels name. IHT qualifies as a Real Estate Investment Trust (REIT) for tax treatment currently taxed as a corporation with the IRS.
Recommended Stories
- Five stocks we like better than InnSuites Hospitality Trust
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- 3 Stocks With Strong Capital Returns and Insider Buying Signals
- Which Wall Street Analysts are the Most Accurate?
- 3 Affordable Dividend Stocks to Buy Now for Income and Growth
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- The Fed Is More Likely to Hike Than Cut Rates in 2025
Receive News & Ratings for InnSuites Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for InnSuites Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.
