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Sotherly Hotels Inc (SOHO) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Sotherly Hotels Inc (SOHO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Sotherly Hotels Inc is a self-managed and self-administered real estate investment trust that owns and manages a portfolio of upper up-scale, up-scale and mid-scale hotels located in main markets in the Mid-Atlantic and Southeastern United States. Sotherly Hotels Inc has a market cap of $93.360 million; its shares were traded at around $6.57 with and P/S ratio of 0.51. The dividend yield of Sotherly Hotels Inc stocks is 7.52%. Sotherly Hotels Inc had annual average EBITDA growth of 4.40% over the past ten years.

For the last quarter Sotherly Hotels Inc reported a revenue of $43.5 million, compared with the revenue of $38.16 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $178.2 million, an increase of 15.5% from last year. For the last five years Sotherly Hotels Inc had an average revenue growth rate of 12.8% a year.

The reported loss per diluted share was 42 cents for the year, compared with the loss per share of $0.43 in the previous year. The Sotherly Hotels Inc had a decent operating margin of 11.57%, compared with the operating margin of 11.44% a year before. The 10-year historical median operating margin of Sotherly Hotels Inc is 11.42%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Sotherly Hotels Inc has the cash and cash equivalents of $33.8 million, compared with $29.8 million in the previous year. The long term debt was $388.7 million, compared with $297.3 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Sotherly Hotels Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $6.57, Sotherly Hotels Inc is traded at close to its historical median P/S valuation band of $6.58. The P/S ratio of the stock is 0.51, while the historical median P/S ratio is 0.52. The stock gained 13.36% during the past 12 months.

For the complete 20-year historical financial data of SOHO, click here.

This article first appeared on GuruFocus.