Sotherly Hotels, Inc. | REIT Profile

Symbol: SOHO
CIK: 1301236
Exchange: NASDAQ
Founded: 1957 (64 years)
HQ: Williamsburg, VA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Hotel, Resorts

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See SOHO on SEC.gov

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Overall Score: 3.4

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Sotherly Hotels, Inc. Company Logo

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Hightlights of Trading Day October 15, 2021


Open Price: $2.49
Closing Price: $2.43
Price Change: -0.03 (-1.22%)
Lowest Price: $2.43
Highest Price: $2.49

52-Week Low: $1.48
52-Week High: $4.49
52-Week Change: 43.86%

5 Day Price Change: -1.99%
1 Month Price Change: -1.99%
3 Month Price Change: -10.55%
6 Month Price Change: -12.77%
YTD Price Change: -1.60%
1 Year Price Change: 43.02%
2 Year Price Change: -59.85%
5 Year Price Change: -34.13%

Dividend of Trading Day October 15, 2021 [Dividends Currently Suspended]


Dividend Yield: 21.399%*
Annualized Dividend: $0.52*
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): N/A
Ex-Dividend Date: N/A
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for Sotherly Hotels, Inc.

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day October 15, 2021


Total Cash: N/A
Current Debt: N/A
Revenue: N/A
Gross Profit: N/A
Total Revenue: N/A
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): N/A
Revenue Per Share: N/A
Revenue Per Employee: N/A
Employee: 10
Debt to Equity Ratio (D/E): N/A
Profit Margin: N/A
Enterprise Value (EV): N/A
Enterprise Value to Revenue (EV/R): N/A
Price to Sales (P/S): N/A
Price to Book (P/B): N/A
Peg Ratio: N/A
P/E Ratio: N/A
P/E High: N/A
P/E Low: N/A
Forward P/E Ratio: -1.83
Market Capitalization: $40,624,638
Beta: 1.87
Latest Volume: 36,213.00
Avg. Total Volume: 74,895
Avg. 10 Volume: 51,194.00
Avg. 30 Volume: 74,895.00
TTM EPS: N/A
TTM Dividend Rate: N/A
Shares Outstanding: 16,717,958
Float: N/A
50-Day Moving Avg.: 2.54
200-Day Moving Avg.: 2.89

Latest REIT Community Comments on #SOHO


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Properties Owned by SOHO


Properties Based on REIT's Official Presentation

Properties Types States Countries
12 1 7 1

Please visit REIT’s official webpage for the most up-to-date property list.

SOHO Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $6.66 per share you would have been able to buy 150 shares of SOHO on 2020-10-15 costing $999.00 @ $6.66 per share you would have been able to buy 75 shares of SOHO on 2020-10-15 costing $499.50 @ $6.66 per share you would have been able to buy 37 shares of SOHO on 2020-10-15 costing $246.42 @ $6.66 per share you would have been able to buy 15 shares of SOHO on 2020-10-15 costing $99.90 @ $6.66 per share you would have been able to buy 7 shares of SOHO on 2020-10-15 costing $46.62
Current worth On 2021-10-15 these 150 shares would be worth $364.50 @ $2.43 On 2021-10-15 these 75 shares would be worth $182.25 @ $2.43 On 2021-10-15 these 37 shares would be worth $89.91 @ $2.43 On 2021-10-15 these 15 shares would be worth $36.45 @ $2.43 On 2021-10-15 these 7 shares would be worth $17.01 @ $2.43
Dividends earned $0.00 in dividends would have been earned since 2020-10-15 with 150 shares. $0 in dividends would have been earned since 2020-10-15 with 75 shares. $0.00 in dividends would have been earned since 2020-10-15 with 37 shares. $0.00 in dividends would have been earned since 2020-10-15 with 15 shares. $0.00 in dividends would have been earned since 2020-10-15 with 75 shares.
Net (gain / loss)* -634.50 USD -317.25 USD -156.51 USD -63.45 USD -29.61 USD
ROI** -63.51% -63.51% -63.51% -63.51% -63.51%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by SOHO. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
SOHO 2020-03-12 0.130 --- 2020-01-27 2020-03-13 0000-00-00
SOHO 2019-12-12 0.130 --- 2019-10-28 2019-12-13 2020-01-10
SOHO 2019-09-12 0.130 --- 2019-07-29 2019-09-13 2019-10-11
SOHO 2019-06-13 0.130 4.00% 2019-04-29 2019-06-14 2019-07-11
SOHO 2019-03-14 0.125 --- 2019-01-29 2019-03-15 2019-04-11
SOHO 2018-12-13 0.125 --- 2018-10-30 2018-12-14 2019-01-11
SOHO 2018-09-13 0.125 4.17% 2018-07-24 2018-09-14 2018-10-11
SOHO 2018-06-14 0.120 4.35% 2018-05-01 2018-06-15 2018-07-11
SOHO 2018-03-14 0.115 4.55% 2018-01-30 2018-03-15 2018-04-11
SOHO 2017-12-14 0.110 --- 2017-10-24 2017-12-15 2018-01-11
SOHO 2017-09-14 0.110 4.76% 2017-07-25 2017-09-15 2017-10-11
SOHO 2017-06-13 0.105 5.00% 2017-04-25 2017-06-15 2017-07-11
SOHO 2017-03-13 0.100 5.26% 2017-01-31 2017-03-15 2017-04-11
SOHO 2016-12-13 0.095 --- 2016-10-25 2016-12-15 2017-01-11
SOHO 2016-09-13 0.095 5.56% 2016-07-26 2016-09-15 2016-10-11
SOHO 2016-06-13 0.090 5.88% 2016-04-28 2016-06-15 2016-07-11
SOHO 2016-03-11 0.085 6.25% 2016-01-26 2016-03-15 2016-04-11
SOHO 2015-12-11 0.080 --- 2015-10-27 2015-12-15 2016-01-11
SOHO 2015-09-11 0.080 6.67% 2015-07-27 2015-09-15 2015-10-09
SOHO 2015-06-11 0.075 7.14% 2015-04-27 2015-06-15 2015-07-10

Financial Statements Overview


Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Current Cash 0 22,075,920 27,984,236 35,252,427
Receivables 0 0 0 0
Inventory 0 0 0 0
Current Assets 0 0 0 0
Current Assets (Other) 0 0 0 0
Short Term Investments 0 0 0 0
Long-term Investments 0 0 0 0
Property, Plant & Equipment Net 0 0 0 0
Goodwill 0 0 0 0
Intangible Assets 0 0 0 0
Other Assets 7,970,700 7,562,730 5,648,770 5,494,160
Net Tangible Assets 71,286,247 86,279,642 102,605,903 107,738,075
Total Assets 472,131,704 474,762,831 487,226,790 498,649,964
Accounts Payable 0 0 0 0
Liabilities (Other) 32,325,190 28,986,110 27,185,740 30,916,520
Current Liabilities (Other) 4,277,071 4,217,385 4,210,494 4,210,494
Total Current Liabilities 0 0 0 0
Current Long-term Debt 2,013,060 4,755,367 6,614,133 1,611,840
Long-term Debt 370,057,566 356,959,220 352,019,751 358,938,050
Total Liabilities 404,395,818 390,700,698 385,819,619 391,466,409
Minority Interest -1,365,368 -1,197,416 -240,766 -13,337
Common Stock 14,881,267 14,823,580 14,272,378 14,222,378
Retained Earnings -105,129,724 -90,134,337 -73,990,690 -68,687,461
Treasury Stock 0 0 0 0
Capital Surplus 180,200,464 180,258,406 180,515,861 180,415,231
Shareholder Equity 71,286,247 86,279,642 102,605,903 107,738,075

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Total Revenue 5,293,907 37,208,465 44,304,953 42,552,175
Cost of Revenue 9,424,890 24,615,374 40,545,395 38,628,179
Gross Profit -4,130,983 12,593,091 3,759,558 3,923,996
Research and Development 0 0 0 0
Selling General and Admin 0 0 0 0
Operating Expense 16,271,601 37,009,100 42,367,458 40,397,091
Operating Income -12,218,020 -3,389,140 2,314,540 1,928,590
Income Expense Net (Other) -4,059,688 -4,489,031 -4,655,631 -554,034
EBIT -12,218,020 -3,389,140 2,314,540 1,928,590
Interest Income 4,719,796 4,561,840 4,652,502 4,722,456
Pretax Income -16,277,708 -7,878,171 -2,341,091 1,374,556
Income Tax 23,362 5,454,034 -688,803 -694,190
Minority Interest -1,365,368 -1,197,416 -240,766 -13,337
Net Income -14,935,702 -12,134,789 -1,411,522 2,082,083
Net Income Basic -17,124,612 -14,323,699 -3,600,419 -106,827

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2020-06-30 2020-03-31 2019-12-31 2019-09-30
Net Income -14,935,702 -12,134,789 -1,411,522 2,082,083
Depreciation 4,993,107 4,982,876 5,520,038 4,980,168
Changes in Receivables 0 0 0 0
Changes in Inventories 0 0 0 0
Cash Change 2,847,009 -5,908,316 -7,268,191 -2,086,375
Cash Flow -6,413,150 1,435,253 571,691 7,453,802
Capital Expenditures -1,226,614 -1,796,662 -1,814,844 -1,996,536
Investments 0 0 0 -6,346,378
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -1,212,446 -1,784,223 -1,813,212 -8,212,321
Dividends Paid 0 -4,189,328 -4,054,169 -4,544,799
Net Borrowings -246,495 -1,370,018 -1,800,634 -1,644,070
Cash Flow Financing 10,472,605 -5,559,346 -6,026,670 -1,327,856
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Sotherly Hotels, Inc.


Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Company’s portfolio consists of investments in eleven hotel properties, comprising 2,838 rooms, and an interest in the Hyde Resort & Residences, a luxury condo hotel. Most of the Company’s properties operate under the Hilton Worldwide, InterContinental Hotels Group and Marriott International, Inc. brands. Sotherly Hotels Inc. was organized in 2004 and is headquartered in Williamsburg, Virginia.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
9 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
Rating AFFO & Efficiency Section Avg. Rating
2 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.8
6 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.2
Rating Leverage Section Avg. Rating
0 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.4
0 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.9
5 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.9
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
1 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 4.9
7 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.7
Rating Asset & Revenue Section Avg. Rating
1 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.3
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.0
Rating Properties Section Avg. Rating
2 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
0 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.3
7 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
10 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 7.9
Rating Market Cap Section Avg. Rating
4 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.6
3.4 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this SOHO. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
The Georgian Terrace Hotel 659 Peachtree St NE Atlanta GA
The Whitehall Hotel 1700 Smith Street Houston TX
Hyde Resort & Residences Hotel 4111 S Ocean Drive Hollywood FL

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Pebblebrook Hotel Trust, Inc. (PEB) 3.5 NYSE Mid-Cap Hotel Resorts United States
Hersha Hospitality Trust (HT) 4.2 NYSE Small-Cap Resorts Hotel United States
Condor Hospitality Trust, Inc. (CDOR) 3.3 NASDAQ Micro-Cap Hotel Resorts United States

Last updated: 2021-10-15 - v1.9