Gold is 2025’s best performer. UBS sees more upside
In a challenging market environment, MHI Hospitality Corporation (SOHO) stock has reached a 52-week low, dipping to $0.63. According to InvestingPro data, the company’s current market capitalization stands at $14.25 million, with an EBITDA of $39.91 million for the last twelve months. This latest price level reflects a significant downturn for the company, which has seen its stock value decrease by nearly half, with a 1-year change showing a steep decline of -47.96%. Investors are closely monitoring SOHO’s performance as it navigates through the current economic headwinds, which have taken a toll on its market valuation. The 52-week low serves as a critical indicator for the company’s near-term prospects and potential recovery strategies. InvestingPro analysis indicates the stock is currently undervalued, with the next earnings report expected on May 8, 2025. InvestingPro subscribers have access to 11 additional key insights about SOHO’s financial health and market position through the comprehensive Pro Research Report.
In other recent news, Sotherly Hotels (NASDAQ:SOHO) reported its fourth-quarter 2024 earnings, revealing a slight revenue miss. The company posted a revenue of $43.95 million, which fell short of the forecasted $44.4 million. Earnings per share stood at -$0.16, aligning with expectations. Despite the revenue shortfall, Sotherly Hotels experienced a 4.3% year-over-year revenue increase to $44 million. The hotel EBITDA for the quarter rose by 3.6% year-over-year to $10.7 million, although adjusted funds from operations decreased by $850,000 due to higher interest costs. The company is planning significant renovations in Philadelphia and Jacksonville, with expected completion dates in 2026 and 2027, respectively. Looking ahead, Sotherly Hotels projects total revenue for 2025 to range between $183.4 million and $188.2 million, with anticipated hotel EBITDA between $48.8 million and $49.6 million. Piper Sandler analysts raised questions about the company’s guidance and potential refinancing activities, which were addressed during the earnings call.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.