Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

A downtrend has been apparent in Sotherly Hotels (SOHO) lately. While the stock has lost 6.4% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support. While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the futur ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...

财务数据和关键指标变化 - 第二季度总收入约为5,070万美元,同比增长3.4% [18] - 第二季度酒店EBITDA约为1,570万美元,同比增长5.8% [19] - 第二季度调整后FFO约为750万美元,同比增长6.8% [20] 各条业务线数据和关键指标变化 - 第二季度组团业务收入同比增长3.8%,组团房价同比增长1.8% [32] - 第二季度组团业务预订量同比增长6.4% [33] 各个市场数据和关键指标变化 - 萨凡纳的DeSoto酒店第二季度RevPAR同比增长6.8%,较2019年增长超过33% [9] - 坦帕的Hotel Alba第二季度RevPAR同比增长7.8%,较2019年增长近63% [10] - 亚特兰大的Georgian Terrace酒店第二季度RevPAR同比增长8.5% [11] - 休斯顿的Whitehall酒店第二季度RevPAR同比增长9.4% [12] - 费城的DoubleTree酒店第二季度RevPAR同比增长7.6%,但仍低于2019年同期1,250个基点 [31] 公司战略和发展方向及行业竞争 - 公司正在对杰克逊维尔的DoubleTree酒店进行14.6百万美元的全面翻新和重新定位,预计2027年完工 [15][34] - 公司正在对费城机场的DoubleTree酒店进行11.5百万美元的翻新,预计2026年完工 [17] - 公司将谨慎应对未来几年的贷款到期,并保持谨慎的资产负债表管理策略 [35] 管理层对经营环境和未来前景的评论 - 公司对下半年的经营基本面持谨慎乐观态度,尽管消费者对价格更加敏感,但预订趋势仍然相对强劲 [35] - 公司预计2024年全年RevPAR将达到2023年水平的104%-106% [36] - 公司认为其拥有优质酒店资产组合,加上团队和商务出行的增长趋势,将继续为股东带来良好业绩 [36] 其他重要信息 - 公司已完成约1亿美元的贷款再融资和延期 [33] - 公司2024年预计资本支出约7百万美元,其中3百万用于费城机场DoubleTree酒店的翻新 [23][24]

Sotherly Hotels (SOHO) came out with quarterly funds from operations (FFO) of $0.37 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to FFO of $0.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 8.82%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.21 per share when it actually produced FFO of $0.20, delivering a surprise of -4.76%. Over the last four q ...

财务表现 - 总收入增加至约5,070万美元，同比增长3.4%[2] - 净收入归属普通股东减少约50万美元，同比下降16.3%[7,8] - 酒店EBITDA增加至约1,570万美元，同比增长5.8%[9] - 经调整的普通股东和单位持有人的FFO增加6.7%至约750万美元[9] - 公司总收入在第二季度达到50,694,367美元，同比增长3.4%[26] - 客房部门收入为34,575,890美元，同比增长4.0%[26] - 食品饮料部门收入为9,901,554美元，同比增长4.2%[26] - 公司净利润为4,664,232美元，同比下降11.3%[26] 财务指引 - 2024年全年指引:总收入预计在1.79亿美元至1.83亿美元之间，经调整的FFO预计在1,277.8万美元至1,377.3万美元之间[15,16] - 2024年全年净收入预测范围为159.8万美元至259.3万美元[43] - 2024年全年EBITDA预测范围为3985.8万美元至4085.3万美元[44] - 2024年全年FFO预测范围为2034.8万美元至2134.3万美元[47][48] - 2024年全年Adjusted FFO预测范围为1277.8万美元至1377.3万美元[49] 资产负债情况 - 公司现金及现金等价物为18,904,793美元，较上年末增加10.5%[25] - 公司总资产为401,730,676美元，较上年末增加2.1%[25] - 公司总负债为351,529,805美元，较上年末增加1.7%[25] - 公司权益为50,200,871美元，较上年末增加4.8%[25] 运营数据 - 房间收入收益率(RevPAR)增加4.3%至137.67美元，主要由于入住率上升5.8%[7] - 公司整体入住率为69.2%,较上年同期增加4.3个百分点[30] - 公司整体平均房价为188.91美元,较上年同期下降2.3%[32] - 公司整体RevPAR为130.64美元,较上年同期增加4.1%[34] 其他 - 公司宣布向优先股股东支付季度现金股息[9] - 公司完成了约1亿美元的贷款再融资、重组和展期[10,12,13] - 公司拥有约3,730万美元的可用现金和现金等价物[11] - 公司获得了1,041,994美元的套期保值收益[26] - 公司提供了多种非GAAP财务指标以供投资者参考[50][51][52][53][54][55]

WILLIAMSBURG, Va., Aug. 13, 2024 (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, 2024. The Company's results include the following*: | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------|----------------------------------------|-------|-----------------|-- ...

WILLIAMSBURG, Va., July 30, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company’s Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company’s 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend ...

WILLIAMSBURG, Va., July 30, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ: SOHO) (the "Company") today announced that its Board of Directors has authorized payment of quarterly cash dividends for the Company's Series B, Series C, and Series D Preferred Stock. The Board of Directors authorized, and the Company has declared, a quarterly cash dividend of $0.50 per share of beneficial interest of the Company's 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock. The Series B preferred dividend ...

WILLIAMSBURG, Va., July 17, 2024 (GLOBE NEWSWIRE) -- Sotherly Hotels Inc. (NASDAQ:SOHO) (the "Company") announced that the Company will report financial results for the second quarter 2024 prior to the market opening on Tuesday, August 13, 2024. 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 2024 results. The information to be discussed on the call will be contained i ...