LaSalle Hotel Properties (NYSE: LHO) shares as of market close today will be eligible for a dividend of 28 cents per share. At a price of $31.69 as of 9:35 a.m. ET, the dividend yield is 3.6%. The average volume for LaSalle Hotel Properties has been 864,600 shares per day over the past 30 days. LaSalle Hotel Properties has a market cap of $3.0 billion and is part of the real estate industry. Shares are up 23.8% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States. The company has a P/E ratio of 44.90. TheStreet Ratings rates LaSalle Hotel Properties as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, good cash flow from operations, increase in stock price during the past year and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full LaSalle Hotel Properties Ratings Report now.
- See our top-yielding stocks list.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts