Sotherly Hotels press release (SOHO): Q2 AFFO of $0.33GAAP EPS of $1.38Revenue of $47.17M (+37.2% Y/Y) beats by $0.57M.2022 OutlookFor the third quarter of 2022, the Company…
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WILLIAMSBURG, Va., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) , (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the second quarter ended June 30, 2022. The Company’s results include the following*:
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WILLIAMSBURG, Va., July 13, 2022 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the second quarter 2022 prior to the market opening on Thursday, August 11, 2022. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s second quarter 2022 results. The information to be discussed on the call will be contained in the Company’s earnings release, which will be available via the Company’s website at www.sotherlyhotels.com in the Investors section under Financial Information .
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Sotherly Hotels (SOHO) stock is rising 3.8% in Wednesday morning trading after its preliminary second quarter revealed an improvement in its operating metrics due to a comeback…
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Shares of Sotherly Hotels Inc. rose 3.8% in morning trading Wednesday, after the real estate investment trust (REIT) that focuses on hotels in the South reported second-quarter occupancy that rose from a year ago, but showed monthly declines for occupancy and revenue per available room (RevPAR) during the quarter. The company said overall occupancy was 69.5% in the second quarter, up 17.3% from a year ago but down 10.0% from the same period in pre-pandemic 2019. RevPAR of $125.05 was up 43.2% from last year but 2.7% below 2019 levels. Meanwhile, occupancy fell to 67.8% in June from 68.4% in May, and from 72.4% in April, while June RevPAR of $116.10 was below May RevPAR of $124.73, which was below April RevPAR of $134.33. The company said the year-over-year improvement on a quarterly basis was driven by a "strong return in demand" from the business and group segments. "We''re encouraged with these preliminary results for the second quarter, which reflect the company''s continued improvement in performance and the sustained recovery of the industry," said Chief Executive Dave Folsom.
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Sotherly Hotels (SOHO) has not fared well from a share price perspective in recent months. Check out why I would rate SOHO stock as a hold.
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WILLIAMSBURG, Va., July 14, 2021 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the Company) announced that the Company will report financial results for the second quarter 2021 prior to the market opening on Thursday, August 12, 2021. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Companys second quarter 2021 results. The information to be discussed on the call will be contained in the Companys earnings release, which will be available via the Companys website at www.sotherlyhotels.com in the Investors section under Financial Information .
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Sotherly Hotels (NASDAQ: SOHO) shares fell -0.30% to end trading Wednesday at $3.30 per share - a net change of $-0.01. Shares traded between $3.36 and $3.22 throughout the day. 160784 shares of Sotherly Hotels exchanged hands. Visit Sotherly Hotelss profile for more information. About The Nasdaq Stock Market The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world\''s leading exchange for options volume and is home to the five largest US companies - Apple, Microsoft, Amazon, Alphabet and Facebook. To get more information on Sotherly Hotels and to follow the companys latest updates, you can visit the companys profile page here: Sotherly Hotelss Profile . For more news on the financial markets be sure to visit Equities News . Also, dont forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week. Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by Barchart as of 4:30pm ET on the day of publication.
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WILLIAMSBURG, Va. (AP) _ Sotherly Hotels Inc. (SOHO) on Wednesday reported a loss in a key measure in its first quarter. The real estate investment trust, based in Williamsburg, Virginia, said it had a funds from operations loss of $5.2 million, or 33 cents per share, in the period. Funds from operations is a closely []
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WILLIAMSBURG, Va., May 12, 2021 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) , (Sotherly or the Company), a self-managed and self-administered lodging real estate investment trust (a REIT), today reported its consolidated results for the first quarter ended March 31, 2021. The Companys results include the following*:
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Sotherly Hotels Inc. shares closed this week 21.4% higher than it did at the end of last week. The stock is currently up 70.0% year-to-date, up 131.0% over the past 12 months, and up 10.6% over the past five years. This week, the Dow Jones Industrial Average rose 4.1%, and the S&P 500 rose 2.7%. Trading Activity Shares traded as high as $4.38 and as low as $3.51 this week.Trading volume this week was 60.0% lower than the 10-day average and 67.7% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 2.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 66.7% The company's stock price performance over the past 12 months lags the peer average by -55.3%
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
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Sotherly Hotels (NASDAQ:SOHO) released its earnings results on Wednesday. The real estate investment trust reported ($1.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.73) by ($0.29), MarketWatch Earnings reports. Sotherly Hotels had a negative return on equity of 49.78% and a negative net margin of 38.08%. SOHO stock opened at […]
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WILLIAMSBURG, Va., June 24, 2020 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and…
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Companies Reporting Before The Bell Patterson Companies, Inc. (NASDAQ: PDCO ) is projected to report quarterly earnings at $0.20 per share on revenue of $1.28 billion. Winnebago Industries, Inc. (NYSE: WGO ) is estimated to report a quarterly loss at $0.44 per share on revenue of $343.36 million. Sotherly Hotels Inc. (NASDAQ: SOHO ) is expected to report quarterly loss at $0.15 per share on revenue of … Full story available on Benzinga.com
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An amateur astronomer has used data from NASA’s Solar and Heliospheric Observatory (SOHO) satellite to discover a new comet that will be visible in late May and early June.
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Luxury Hotel Brand Sotherly Hotels Double Dips in SBA PPP, While Casino Service Provider Joins List of Grantees Q1 2020 hedge fund letters, conferences and… The post Sotherly Hotels Double Dips in SBA PPP Program appeared first on .
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DUBLIN , April 28, 2020 /PRNewswire/ -- The "Global Small Office Home Office (SOHO) Server Market: Size and Forecast with Impact Analysis of Covid-19 (2020-2024)" report has been added to ResearchAndMarkets.com's offering. Data is a precious asset for companies. No access to data implies that companies may not be able to provide their customers with satisfactory services. Poor customer service or team collaboration problems are issues in the case of information unavailability. Each of these issues spirals into a lack of efficiency and potential loss of income if customers cannot wait for a data outage to be corrected. It is for all these reasons that small enterprises are always on the lookout for low cost, ease of operation and convenient data back up when it comes to data storage. Network added storage (NAS) servers are hence becoming the most popular go-to solution for small enterprises because it offers them with all these facilities A NAS server is a storage device connected to a network that allows storage and retrieval of data from a central location for authorized network users and varied clients.
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DUBLIN--(BUSINESS WIRE)--The "Global Small Office Home Office (SOHO) Server Market: Size and Forecast with Impact Analysis of COVID-19 (2020-2024)" report has been added to ResearchAndMarkets.com's offering. Data is a precious asset for companies. No access to data implies that companies may not be able to provide their customers with satisfactory services. Poor customer service or team collaboration problems are issues in the case of information unavailability. Each of these issues spirals int
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Sotherly Hotels Inc. (SOHO) (the “Company”) announced that the Company will report financial results for the third quarter 2019 prior to the market opening on Thursday, November 7, 2019. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same
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Sotherly Hotels Inc. (SOHO) (the “Company”) today announced that the Company has acquired the hotel commercial unit of the Hyde Beach House Resort & Residences (the “Resort”) located in Hollywood, Florida for $5.35 million. In connection with the closing, the Company acquired the hotel commercial unit
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Sotherly Hotels (SOHO) delivered FFO and revenue surprises of -12.96% and -1.64%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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