On 2016-07-26, LaSalle Hotel Properties (NYSE:LHO) confirmed the dividend disbursement of $0.45 a share to shareholders as on record 2016-06-30. The firm will release dividend on 2016-07-15 while ex-dividend date is reported to be 2016-06-28.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, LaSalle Hotel Properties (NYSE:LHO) paid a total of $0.45 per share in dividends. This figure stood at $0.45 a share in the same period a year ago indicating a deviation of 22.7758%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $25.3 on the stock. This figure is the average of recommendations offered by 10 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $30 and $15, respectively.
Taking the mathematical rating formula, the price for LaSalle Hotel Properties (NYSE:LHO) stands at 3.15. Earnings Review LaSalle Hotel Properties (NYSE:LHO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-27. For the period ending on 2016-09-30, experts are expecting EPS of $0.88.
Coming to the quarter ending on 2015-12-31, LaSalle Hotel Properties (NYSE:LHO) recorded EPS of $0.95. The reported numbers came lower than the analysts’ estimates of $0.96, demonstrating a miss of $-0.01 as against reported figures.
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