NYSE:LHO

LaSalle Hotel Properties (LHO) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$31.36
$32.49
50-Day Range
N/A
52-Week Range
$24.10
$36.13
Volume
13.58 million shs
Average Volume
3.07 million shs
Market Capitalization
$3.54 billion
P/E Ratio
12.98
Dividend Yield
3.52%
Price Target
N/A
LHO stock logo

About LaSalle Hotel Properties Stock (NYSE:LHO)

LaSalle Hotel Properties is a leading multi-operator real estate investment trust. The Company owns 41 properties, which are upscale, full-service hotels, totaling approximately 10,400 guest rooms in 11 markets in seven states and the District of Columbia. The Company focuses on owning, redeveloping and repositioning upscale, full-service hotels located in urban, resort and convention markets. LaSalle Hotel Properties seeks to grow through strategic relationships with premier lodging groups, including Access Hotels & Resorts, Accor, Benchmark Hospitality, Davidson Hotel Company, Evolution Hospitality, HEI Hotels & Resorts, Highgate Hotels, Hilton, Hyatt Hotels Corporation, IHG, JRK Hotel Group, Inc., Marriott International, Noble House Hotels & Resorts, Outrigger Lodging Services, Provenance Hotels, Two Roads Hospitality, and Viceroy Hotel Group.

LHO Stock News Headlines

Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Hotel Properties Ltd H15
Hempel buys LaSalle Plaza in downtown Minneapolis
Move Your Money Before May 22
The SIX WORDS That Could Destroy America... And The Value of Your Savings. He predicted the dangerous rise of inflation... the death of the 60/40 portfolio... and now, this 40-year market veteran and retirement expert is stepping forward with a new must-see warning for every American. It involves the world's most powerful investors, central bankers, and America's most bitter geopolitical rivals.
Choice Privileges
Local hotel industry faces some challenges
See More Headlines
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Company Calendar

Last Earnings
8/09/2018
Today
4/26/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real Estate Investment Trusts
Sub-Industry
Specialized REITs
CUSIP
51794210
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$195.03 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.10 billion
Cash Flow
$3.49 per share
Book Value
$21.87 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.54 billion
Optionable
Optionable
Beta
0.99
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Key Executives

  • Mr. Michael D. Barnello (Age 53)
    Pres, CEO & Trustee
  • Mr. Kenneth G. Fuller (Age 40)
    CFO, Exec. VP, Sec. & Treasurer
  • Mr. Alfred L. Young Jr. (Age 50)
    Exec. VP & COO
  • Mr. Ian Gaum
    Chief Investment Officer
  • Mr. Max D. Leinweber
    VP of Fin. & Asset Management

LHO Stock Analysis - Frequently Asked Questions

How were LaSalle Hotel Properties' earnings last quarter?

LaSalle Hotel Properties (NYSE:LHO) announced its quarterly earnings data on Thursday, August, 9th. The real estate investment trust reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.49. The real estate investment trust earned $304.60 million during the quarter, compared to the consensus estimate of $300.86 million. LaSalle Hotel Properties had a negative net margin of 3.94% and a positive trailing twelve-month return on equity of 3.56%. LaSalle Hotel Properties's revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 EPS.

Is LaSalle Hotel Properties a good dividend stock?

LaSalle Hotel Properties (NYSE:LHO) pays an annual dividend of $1.13 per share and currently has a dividend yield of 3.51%. The dividend payout ratio is 45.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LHO will have a dividend payout ratio of 47.68% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LHO.

What other stocks do shareholders of LaSalle Hotel Properties own?

Based on aggregate information from My MarketBeat watchlists, some companies that other LaSalle Hotel Properties investors own include Hawkins (HWKN), Apple Hospitality REIT (APLE), Xtrackers California Municipal Bond ETF (CA), Bank of America (BAC), BlackRock (BLK), Walt Disney (DIS), Hersha Hospitality Trust (HT), Citigroup (C), Ford Motor (F) and Alphabet (GOOG).

This page (NYSE:LHO) was last updated on 4/26/2024 by MarketBeat.com Staff

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