Sotherly Hotels Inc.

SOHO

US83600C1036

Specialized REITs

Delayed Nasdaq Other stock markets 12:32:47 2024-04-30 pm EDT			5-day change	1st Jan Change
1.3 ^USD	0.00%		+2.36%	-12.75%

Mar. 06	Transcript : Sotherly Hotels Inc., Q4 2023 Earnings Call, Mar 06, 2024
Mar. 06	Earnings Flash (SOHO) SOTHERLY HOTELS Reports Q4 Revenue $42.1M	MT

Sotherly Hotels Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

March 06, 2024 at 06:30 am EST

Sotherly Hotels Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 114.75 million compared to USD 109.55 million a year ago. Revenue was USD 173.84 million compared to USD 166.08 million a year ago.

Net income was USD 3.94 million compared to USD 32.54 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to basic earnings per share from continuing operations of USD 1.4 a year ago. Diluted loss per share from continuing operations was USD 0.22 compared to diluted earnings per share from continuing operations of USD 1.4 a year ago.

Latest news about Sotherly Hotels Inc.

Transcript : Sotherly Hotels Inc., Q4 2023 Earnings Call, Mar 06, 2024	Mar. 06
Earnings Flash (SOHO) SOTHERLY HOTELS Reports Q4 Revenue $42.1M	Mar. 06	MT
North American Morning Briefing : Stock Futures -2-	Mar. 06	DJ
Sotherly Hotels LP Provides Earnings Guidance for the Year 2024	Mar. 06	CI
Sotherly Hotels Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Transcript : Sotherly Hotels Inc., Q3 2023 Earnings Call, Nov 09, 2023	Nov. 09
Earnings Flash (SOHO) SOTHERLY HOTELS Posts Q3 Revenue $39.2M	Nov. 09	MT
Sotherly Hotels Inc. Provides Earnings Guidance for the Fourth Quarter of 2023	Nov. 09	CI
Sotherly Hotels Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
An Affiliate of Sotherly Hotels Inc. Enters into A Loan Amendment	Nov. 01	CI
Piper Sandler Adjusts Sotherly Hotels' Price Target to $2.25 From $2, Keeps Neutral Rating	23-08-11	MT
Transcript : Sotherly Hotels Inc., Q2 2023 Earnings Call, Aug 10, 2023	23-08-10
Earnings Flash (SOHO) SOTHERLY HOTELS Posts Q2 Revenue $49M	23-08-10	MT
Sotherly Hotels Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-10	CI
Sotherly Hotels Inc. Provides Earnings Guidance for the Third Quarter of 2023	23-08-10	CI
North American Morning Briefing : Attention Turns -2-	23-08-10	DJ
Sotherly Hotels Posts Higher Q2 Preliminary Occupancy, Revenue per Available Room	23-07-06	MT
Sotherly Hotels Inc. Reports Preliminary Operating Results for the Second Quarter Ended June 30, 2023	23-07-06	CI
Sotherly Hotels Inc.(NasdaqGM:SOHO) dropped from Russell Microcap Growth Index	23-06-23	CI
Sotherly Hotels Inc.(NasdaqGM:SOHO) dropped from Russell 3000E Growth Index	23-06-23	CI
Piper Sandler Adjusts Sotherly Hotels Price Target to $2 From $2.50, Maintains Neutral Rating	23-05-31	MT
Sotherly Hotels Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-12	CI
Transcript : Sotherly Hotels Inc., Q1 2023 Earnings Call, May 11, 2023	23-05-11
Earnings Flash (SOHO) SOTHERLY HOTELS Reports Q1 Revenue $43.5M	23-05-11	MT
Sotherly Hotels Inc. Provides Earnings Guidance for the Second Quarter of 2023	23-05-11	CI

Chart Sotherly Hotels Inc.

Duration

Period

More charts

Company Profile

Sotherly Hotels Inc. is a self-managed and self-administered lodging real estate investment trust. The Company is focused on the acquisition, renovation, up branding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. The Company conducts its business through Sotherly Hotels LP, its operating partnership (the Operating Partnership). Its portfolio consists of ten full-service, primarily upscale and upper-upscale hotels located in seven states with an aggregate of 2,786 hotel rooms, and interests in two condominium hotels and their associated rental programs. Its wholly owned properties include The DeSoto; DoubleTree by Hilton Jacksonville Riverfront; DoubleTree by Hilton Laurel; DoubleTree by Hilton Philadelphia Airport; DoubleTree Resort by Hilton Hollywood Beach; Georgian Terrace; Hotel Alba Tampa, Tapestry Collection by Hilton; Hotel Ballast Wilmington, Tapestry Collection by Hilton; Hyatt Centric Arlington and The Whitehall.

Sector

Specialized REITs

Calendar

2024-04-29 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

1.3 USD

Average target price

2 USD

Spread / Average Target

+53.85%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

Sector Hospitality REITs

	1st Jan change	Capi.
SOTHERLY HOTELS INC.	-12.75%	25.35M
VICI PROPERTIES, INC.	-9.61%	30.3B
GAMING AND LEISURE PROPERTIES, INC.	-12.08%	11.73B
RYMAN HOSPITALITY PROPERTIES, INC.	-3.60%	6.34B
APPLE HOSPITALITY REIT, INC.	-10.42%	3.65B
PARK HOTELS & RESORTS INC.	+7.22%	3.51B
CAPITALAND ASCOTT TRUST	-8.08%	2.53B
JAPAN HOTEL REIT INVESTMENT CORPORATION	+19.94%	2.45B
COVIVIO HOTELS	-8.84%	2.34B
SUNSTONE HOTEL INVESTORS, INC.	-5.17%	2.1B

Hospitality REITs