Somewhat Positive News Coverage Somewhat Unlikely to Affect Sotherly Hotels (SOHO) Share Price
Media coverage about Sotherly Hotels (NASDAQ:SOHO) has trended somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sotherly Hotels earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 45.7935769050478 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Sotherly Hotels (NASDAQ:SOHO) traded down $0.07 during midday trading on Friday, hitting $6.24. The stock had a trading volume of 25,291 shares, compared to its average volume of 34,310. Sotherly Hotels has a twelve month low of $5.57 and a twelve month high of $7.66. The stock has a market capitalization of $86.26, a price-to-earnings ratio of -623.38 and a beta of 0.74. The company has a debt-to-equity ratio of 4.46, a quick ratio of 2.78 and a current ratio of 2.78.
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 11th. Stockholders of record on Friday, December 15th were given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 7.05%. The ex-dividend date was Thursday, December 14th. Sotherly Hotels’s payout ratio is -4,395.60%.
TRADEMARK VIOLATION WARNING: This report was first posted by Watch List News and is the property of of Watch List News. If you are reading this report on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The original version of this report can be read at https://www.watchlistnews.com/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-sotherly-hotels-soho-share-price/1807010.html.
About Sotherly Hotels
Sotherly Hotels Inc is a self-managed and self-administered lodging real estate investment trust. The Company is focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the southern United States. The Company operates through the hotel ownership segment.
Receive News & Ratings for Sotherly Hotels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sotherly Hotels and related companies with MarketBeat.com's FREE daily email newsletter.