HERSHA HOSPITALITY TRUST
Real Estate · Real Estate Investment Trusts · MD · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $405.9M | $296.0M | $176.7M | $530.0M | $495.1M | $498.2M |
| Operating income | $33.0M | −$29.6M | −$122.4M | $46.4M | $52.7M | $49.6M |
| Net income | −$16.6M | $9.5M | −$187.8M | −$5.8M | $8.4M | $104.9M |
| Total assets | $1.49B | $1.83B | $1.98B | $2.12B | $2.14B | $2.14B |
| Total liabilities | $727.3M | $1.22B | $1.31B | $1.25B | $1.18B | $1.25B |
| Equity | $683.0M | $557.0M | $623.0M | $807.7M | $892.8M | $833.9M |
| EPS (diluted) | — | — | — | $-0.34 | $-0.36 | $0.44 |
| Shares out. | 39.2M | 39.8M | 38.6M | 38.9M | 39.4M | 42.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 8.1%
- Net margin
- −4.1%
- Return on equity
- −2.4%
- Return on assets
- −1.1%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 48.9%
- Debt / equity
- 1.06×
- Book value / share
- $17.41
- Revenue growth (YoY)
- 37.1%
- Net income growth (YoY)
- −275.5%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Accruals / assets
- −6.2%clean
- Piotroski F-Score
- 6/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 1 severe● 1 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- Operating margin is positive
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 16, 2021
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Landry Donald JDirector | Nov 28, 2023 | D | 194,771 | — |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsNov 28, 2023
- Shareholder voteNov 8, 2023
- Entered a material agreement · Regulation FD disclosure · Other material eventAug 28, 2023
- Results of operationsAug 2, 2023
- Entered a material agreement · Shareholder voteMay 26, 2023
- Results of operationsApr 26, 2023
- Results of operationsFeb 15, 2023
- Director / officer changeJan 4, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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