Sotherly Hotels Inc. - Understand $soho stock

$SOHO Market Cap: $36.18 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$180.1M

TTM

Gross Margin

54.62%

TTM

Net Earnings

-$4.330M

TTM

Current Assets

$23.51M

Q3 2024

Current Liabilities

$28.68M

Q3 2024

Current Ratio

81.98%

Q3 2024

Total Assets

$415.0M

Q3 2024

Total Liabilities

$370.4M

Q3 2024

Book Value

$44.56M

Q3 2024

Cash

$14.02M

Q3 2024

P/E

-8.356

Nov 29, 2024 EST

Free Cash Flow

$12.11M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$173.8M	$166.1M	$127.6M	$71.50M	$185.8M	$178.2M	$154.3M	$152.8M	$138.5M	$122.9M	$89.37M	$87.34M	$81.17M	$77.40M	$71.50M	$70.80M	$69.80M	$67.20M	$55.20M	$23.80M	$24.40M	$24.00M	$24.10M
YoY Change	4.67%	30.17%	78.44%	-61.51%	4.27%	15.5%	0.93%	10.33%	12.68%	37.56%	2.33%	7.6%	4.87%	8.25%	0.99%	1.43%	3.87%	21.74%	131.93%	-2.46%	1.67%	-0.41%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	$173.8M	$166.1M	$127.6M	$71.50M	$185.8M	$178.2M	$154.3M	$152.8M	$138.5M	$122.9M	$89.37M	$87.34M	$81.17M	$77.40M	$71.50M	$70.80M	$69.80M	$67.20M	$55.20M	$23.80M	$24.40M	$24.00M	$24.10M
Cost Of Revenue	$59.42M	$54.80M	$41.59M	$29.20M	$138.9M	$130.5M	$113.3M	$55.70M	$50.60M	$45.10M	$31.80M	$31.40M	$30.00M	$29.00M	$27.00M	$27.90M	$26.80M	$26.00M	$22.00M	$9.500M	$10.10M	$9.700M	$10.00M
Gross Profit	$114.4M	$111.3M	$85.99M	$42.30M	$46.94M	$47.68M	$40.99M	$97.20M	$88.00M	$77.80M	$57.60M	$55.90M	$51.20M	$48.30M	$44.50M	$42.90M	$43.00M	$41.30M	$33.10M	$14.30M	$14.30M	$14.20M	$14.10M
Gross Profit Margin	65.82%	67.0%	67.4%	59.16%	25.26%	26.76%	26.57%	63.59%	63.52%	63.28%	64.45%	64.0%	63.08%	62.4%	62.24%	60.59%	61.6%	61.46%	59.96%	60.08%	58.61%	59.17%	58.51%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Selling, General & Admin	$76.71M	$71.43M	$62.10M	$52.00M	$77.20M	$71.80M	$63.90M	$63.20M	$58.60M	$50.20M	$38.10M	$37.10M	$35.80M	$33.40M	$32.20M	$31.00M	$28.20M	$26.80M	$22.40M	$10.10M	$9.400M	$9.200M	$9.000M
YoY Change	7.38%	15.03%	19.42%	-32.64%	7.52%	12.36%	1.11%	7.85%	16.73%	31.76%	2.7%	3.63%	7.19%	3.73%	3.87%	9.93%	5.22%	19.64%	121.78%	7.45%	2.17%	2.22%
% of Gross Profit	67.04%	64.2%	72.21%	122.93%	164.47%	150.58%	155.89%	65.02%	66.59%	64.52%	66.15%	66.37%	69.92%	69.15%	72.36%	72.26%	65.58%	64.89%	67.67%	70.63%	65.73%	64.79%	63.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$18.79M	$18.65M	$19.91M	$19.90M	$21.64M	$20.88M	$17.00M	$15.02M	$13.59M	$11.97M	$8.470M	$8.660M	$8.700M	$8.510M	$8.420M	$6.350M	$5.050M	$5.050M	$4.310M	$1.890M	$2.050M	$2.240M	$2.170M
YoY Change	0.74%	-6.32%	0.05%	-8.04%	3.64%	22.82%	13.18%	10.52%	13.53%	41.32%	-2.19%	-0.46%	2.23%	1.07%	32.6%	25.74%	0.0%	17.17%	128.04%	-7.8%	-8.48%	3.23%
% of Gross Profit	16.42%	16.76%	23.15%	47.04%	46.1%	43.79%	41.47%	15.45%	15.44%	15.39%	14.7%	15.49%	16.99%	17.62%	18.92%	14.8%	11.74%	12.23%	13.02%	13.22%	14.34%	15.77%	15.39%
Operating Expenses	$95.50M	$90.08M	$82.01M	$71.90M	$98.80M	$92.80M	$138.1M	$134.2M	$123.2M	$110.4M	$78.97M	$77.18M	$74.51M	$42.00M	$40.60M	$37.30M	$33.30M	$31.70M	$26.50M	$11.80M	$11.50M	$11.50M	$11.10M
YoY Change	6.01%	9.85%	14.06%	-27.23%	6.47%	-32.8%	2.88%	8.96%	11.56%	39.85%	2.31%	3.58%	77.41%	3.45%	8.85%	12.01%	5.05%	19.62%	124.58%	2.61%	0.0%	3.6%
Operating Profit	$18.92M	$21.19M	-$8.055M	-$29.60M	$18.35M	$20.11M	$16.16M	$18.61M	$15.33M	$12.51M	$10.41M	$10.16M	$6.662M	$6.300M	$3.900M	$5.600M	$9.700M	$9.600M	$6.600M	$2.500M	$2.800M	$2.700M	$3.000M
YoY Change	-10.71%	-363.08%	-72.79%	-261.34%	-8.75%	24.39%	-13.13%	21.38%	22.59%	20.16%	2.42%	52.54%	5.74%	61.54%	-30.36%	-42.27%	1.04%	45.45%	164.0%	-10.71%	3.7%	-10.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Interest Expense	-$17.52M	-$16.67M	$22.69M	$18.06M	$19.77M	$19.95M	$15.73M	$17.74M	$16.52M	$14.64M	$9.606M	$10.40M	$10.82M	-$9.300M	-$8.600M	-$7.400M	-$5.900M	-$4.200M	-$2.700M	-$2.200M	-$2.600M	-$2.700M	-$2.500M
YoY Change	5.15%	-173.46%	25.64%	-8.66%	-0.93%	26.87%	-11.32%	7.38%	12.84%	52.36%	-7.63%	-3.9%	-216.36%	8.14%	16.22%	25.42%	40.48%	55.56%	22.73%	-15.38%	-3.7%	8.0%
% of Operating Profit	-92.62%	-78.64%			107.75%	99.24%	97.3%	95.31%	107.73%	117.05%	92.3%	102.34%	162.44%	-147.62%	-220.51%	-132.14%	-60.82%	-43.75%	-40.91%	-88.0%	-92.86%	-100.0%	-83.33%
Other Income/Expense, Net	$456.4K		$0.00	$0.00	$3.900M								$0.00	$0.00
YoY Change				-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Pretax Income	$3.505M	$34.48M	-$28.51M	-$48.40M	$926.1K	-$138.8K	$1.767M	-$467.5K	$5.062M	-$2.466M	-$2.977M	-$4.163M	-$5.570M	-$3.000M	-$4.800M	-$2.400M	$3.600M	$5.400M	$3.700M	-$2.400M	$300.0K	$100.0K	$200.0K
YoY Change	-89.84%	-220.94%	-41.09%	-5326.55%	-767.17%	-107.85%	-478.04%	-109.24%	-305.24%	-17.17%	-28.48%	-25.25%	85.66%	-37.5%	100.0%	-166.67%	-33.33%	45.95%	-254.17%	-900.0%	200.0%	-50.0%
Income Tax	-$305.0K	$522.4K	$27.39K	$5.280M	-$249.5K	$469.3K	$1.738M	-$1.368M	-$1.336M	-$1.728M	$1.496M	$1.246M	$905.5K	$200.0K	-$1.800M	-$1.500M	-$200.0K	$300.0K	-$300.0K	-$200.0K	$0.00	$0.00	$0.00
% Of Pretax Income	-8.7%	1.51%			-26.94%		98.33%		-26.4%								-5.56%	5.56%	-8.11%		0.0%	0.0%	0.0%
Net Earnings	-$4.036M	$24.97M	-$28.54M	-$49.19M	$1.909M	$109.9K	$442.5K	$926.7K	$6.398M	-$584.7K	-$3.484M	-$4.168M	-$4.844M	-$2.400M	-$2.000M	-$600.0K	$2.500M	$3.200M	$2.500M	-$1.500M	$100.0K	-$100.0K	-$600.0K
YoY Change	-116.16%	-187.48%	-41.99%	-2676.33%	1636.87%	-75.16%	-52.25%	-85.51%	-1194.23%	-83.22%	-16.41%	-13.97%	101.85%	20.0%	233.33%	-124.0%	-21.88%	28.0%	-266.67%	-1600.0%	-200.0%	-83.33%
Net Earnings / Revenue	-2.32%	15.03%	-22.37%	-68.8%	1.03%	0.06%	0.29%	0.61%	4.62%	-0.48%	-3.9%	-4.77%	-5.97%	-3.1%	-2.8%	-0.85%	3.58%	4.76%	4.53%	-6.3%	0.41%	-0.42%	-2.49%
Basic Earnings Per Share	-$0.22	$1.40	-$2.15	-$4.05	-$0.43	-$0.42	-$0.24	-$0.01
Diluted Earnings Per Share	-$0.21	$1.36	-$1.688M	-$3.441M	$139.7K	$7.407K	-$0.24	-$0.01	$432.0K	-$57.69K	-$343.1K	-$420.0K	-$494.8K	-$255.3K	-$281.7K	-$86.96K	$362.3K	$470.6K	$373.1K	-$250.0K	$16.67K	-$16.67K	-$100.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Cash & Short-Term Investments	$17.10M	$21.92M	$13.17M	$25.30M	$23.70M	$33.80M	$29.80M	$31.80M	$11.50M	$16.60M	$9.400M	$7.200M	$4.400M	$3.000M	$3.500M	$1.700M	$4.000M	$1.400M	$500.0K	$8.300M	$100.0K	$200.0K
YoY Change	-21.98%	66.47%	-47.96%	6.75%	-29.88%	13.42%	-6.29%	176.52%	-30.72%	76.6%	30.56%	63.64%	46.67%	-14.29%	105.88%	-57.5%	185.71%	180.0%	-93.98%	8200.0%	-50.0%
Cash & Equivalents	$17.10M	$21.92M	$13.17M	$25.30M	$23.70M	$33.80M	$29.80M	$31.80M	$11.50M	$16.60M	$9.400M	$7.200M	$4.400M	$3.000M	$3.500M	$1.700M	$4.000M	$1.400M	$500.0K	$8.300M	$100.0K	$200.0K
Short-Term Investments
Other Short-Term Assets	$6.776M	$6.755M	$6.894M	$7.700M	$5.600M	$5.300M	$7.300M	$4.600M	$4.400M	$3.300M	$2.300M	$1.700M	$1.900M	$2.300M	$2.000M	$1.600M	$2.600M	$2.000M	$1.900M	$1.600M	$300.0K	$100.0K
YoY Change	0.31%	-2.02%	-10.46%	37.5%	5.66%	-27.4%	58.7%	4.55%	33.33%	43.48%	35.29%	-10.53%	-17.39%	15.0%	25.0%	-38.46%	30.0%	5.26%	18.75%	433.33%	200.0%
Inventory																						$100.0K
Prepaid Expenses
Receivables	$5.946M	$5.845M	$4.822M	$2.200M	$4.900M	$7.000M	$6.000M	$4.100M	$4.300M	$2.100M	$2.000M	$1.500M	$1.700M	$1.900M	$1.700M	$1.400M	$1.700M	$2.300M	$2.300M	$1.600M	$1.500M	$1.400M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$29.82M	$34.52M	$24.88M	$35.20M	$34.20M	$46.10M	$43.10M	$40.50M	$20.20M	$22.00M	$13.70M	$10.40M	$8.000M	$7.200M	$7.200M	$4.700M	$8.300M	$5.700M	$4.700M	$11.50M	$1.900M	$1.800M
YoY Change	-13.6%	38.72%	-29.31%	2.92%	-25.81%	6.96%	6.42%	100.5%	-8.18%	60.58%	31.73%	30.0%	11.11%	0.0%	53.19%	-43.37%	45.61%	21.28%	-59.13%	505.26%	5.56%
Property, Plant & Equipment	$354.9M	$365.1M	$398.8M	$427.8M	$443.3M	$438.2M	$357.8M	$348.6M	$355.0M	$260.2M	$202.6M	$176.4M	$181.5M	$183.9M	$188.6M	$187.4M	$140.7M	$111.4M	$101.6M	$78.40M	$27.90M	$28.20M
YoY Change	-2.78%	-8.45%	-6.79%	-3.5%	1.16%	22.47%	2.64%	-1.8%	36.43%	28.43%	14.85%	-2.81%	-1.31%	-2.49%	0.64%	33.19%	26.3%	9.65%	29.59%	181.0%	-1.06%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments							$0.00	$5.300M		$2.000M	$2.400M	$8.600M	$9.000M	$9.500M	$9.700M	$10.30M	$5.600M	$0.00				-$500.0K
YoY Change							-100.0%			-16.67%	-72.09%	-4.44%	-5.26%	-2.06%	-5.83%	83.93%
Other Assets	$9.134M	$5.423M	$12.41M	$10.00M	$9.700M	$9.200M	$9.100M	$11.50M	$11.20M	$15.60M	$9.200M	$8.100M	$10.00M	$7.800M	$7.000M	$6.900M	$2.800M	$3.300M	$4.500M	$800.0K	$1.000M	$1.100M
YoY Change	68.44%	-56.31%	24.12%	3.09%	5.43%	1.1%	-20.87%	2.68%	-28.21%	69.57%	13.58%	-19.0%	28.21%	11.43%	1.45%	146.43%	-15.15%	-26.67%	462.5%	-20.0%	-9.09%
Total Long-Term Assets	$364.1M	$370.5M	$411.2M	$437.8M	$453.0M	$447.4M	$366.9M	$365.5M	$368.8M	$277.8M	$214.5M	$193.6M	$201.3M	$202.4M	$206.8M	$206.5M	$151.7M	$121.9M	$113.7M	$82.70M	$28.90M	$28.80M
YoY Change	-1.74%	-9.89%	-6.08%	-3.36%	1.25%	21.94%	0.38%	-0.89%	32.76%	29.51%	10.8%	-3.83%	-0.54%	-2.13%	0.15%	36.12%	24.45%	7.21%	37.48%	186.16%	0.35%
Total Assets	$393.9M	$405.0M	$436.1M	$473.0M	$487.2M	$493.5M	$410.0M	$406.0M	$389.0M	$299.8M	$228.2M	$204.0M	$209.3M	$209.6M	$214.0M	$211.2M	$160.0M	$127.6M	$118.4M	$94.20M	$30.80M	$30.60M
YoY Change
Accounts Payable	$23.75M	$24.15M	$35.96M	$35.60M	$20.20M	$16.30M	$13.80M	$13.00M	$12.30M	$12.00M	$8.100M	$6.800M	$7.400M	$6.300M	$6.700M	$11.50M	$8.500M	$5.400M	$5.100M	$100.0K	$0.00	$1.500M
YoY Change	-1.65%	-32.85%	1.01%	76.24%	23.93%	18.12%	6.15%	5.69%	2.5%	48.15%	19.12%	-8.11%	17.46%	-5.97%	-41.74%	35.29%	57.41%	5.88%	5000.0%		-100.0%
Accrued Expenses																						$1.200M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due																						$1.100M
YoY Change
Total Short-Term Liabilities	$28.45M	$30.46M	$41.64M	$41.80M	$27.20M	$22.50M	$18.40M	$17.70M	$15.30M	$14.10M	$9.400M	$7.800M	$8.100M	$6.900M	$7.200M	$12.00M	$10.70M	$7.700M	$7.200M	$400.0K	$2.800M	$3.900M
YoY Change	-6.6%	-26.84%	-0.39%	53.68%	20.89%	22.28%	3.95%	15.69%	8.51%	50.0%	20.51%	-3.7%	17.39%	-4.17%	-40.0%	12.15%	38.96%	6.94%	1700.0%	-85.71%	-28.21%
Long-Term Debt	$317.5M	$323.0M	$377.9M	$387.0M	$358.6M	$388.7M	$297.3M	$307.0M	$320.8M	$258.2M	$188.0M	$153.9M	$154.3M	$151.9M	$152.9M	$145.4M	$89.40M	$56.80M	$46.20M	$27.80M	$30.10M	$29.70M
YoY Change	-1.7%	-14.52%	-2.35%	7.92%	-7.74%	30.74%	-3.16%	-4.3%	24.24%	37.34%	22.16%	-0.26%	1.58%	-0.65%	5.16%	62.64%	57.39%	22.94%	66.19%	-7.64%	1.35%
Other Long-Term Liabilities												$5.000M	$2.900M	$0.00
YoY Change												72.41%
Total Long-Term Liabilities	$317.5M	$323.0M	$377.9M	$387.0M	$358.6M	$388.7M	$297.3M	$307.0M	$320.8M	$258.2M	$188.0M	$158.9M	$157.2M	$151.9M	$152.9M	$145.4M	$89.40M	$56.80M	$46.20M	$27.80M	$30.10M	$29.70M
YoY Change	-1.7%	-14.52%	-2.35%	7.92%	-7.74%	30.74%	-3.16%	-4.3%	24.24%	37.34%	18.31%	1.08%	3.49%	-0.65%	5.16%	62.64%	57.39%	22.94%	66.19%	-7.64%	1.35%
Total Liabilities	$344.6M	$352.8M	$414.8M	$423.5M	$384.6M	$411.7M	$316.9M	$327.0M	$340.0M	$276.4M	$203.0M	$174.1M	$174.4M	$170.6M	$175.8M	$174.9M	$119.8M	$85.60M	$75.20M	$54.50M	$32.40M	$33.20M
YoY Change	-2.3%	-14.95%	-2.06%	10.11%	-6.58%	29.91%	-3.09%	-3.82%	23.01%	36.16%	16.6%	-0.17%	2.23%	-2.96%	0.51%	45.99%	39.95%	13.83%	37.98%	68.21%	-2.41%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	18.84M	17.80M	15.53M	14.31M	13.64M	13.52M	13.83M	14.90M	12.54M	10.38M	10.16M	9.996M shares	9.677M
Diluted Shares Outstanding	18.84M	17.80M	15.53M	14.31M			13.83M	14.90M	12.54M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $36.183 Million

About Sotherly Hotels Inc.

Sotherly Hotels, Inc. is a real estate investment trust. The company is headquartered in Williamsburg, Virginia and currently employs 9 full-time employees. The company went IPO on 2004-12-17. The firm is focused on the acquisition, renovation, up branding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. The firm conducts its business through Sotherly Hotels LP, its operating partnership (the Operating Partnership). Its portfolio consists of ten full-service, primarily upscale and upper-upscale hotels located in seven states with an aggregate of 2,786 hotel rooms, and interests in two condominium hotels and their associated rental programs. Its wholly owned properties include The DeSoto; DoubleTree by Hilton Jacksonville Riverfront; DoubleTree by Hilton Laurel; DoubleTree by Hilton Philadelphia Airport; DoubleTree Resort by Hilton Hollywood Beach; Georgian Terrace; Hotel Alba Tampa, Tapestry Collection by Hilton; Hotel Ballast Wilmington, Tapestry Collection by Hilton; Hyatt Centric Arlington and The Whitehall.

Industry: Real Estate Investment Trusts Peers: Braemar Hotels & Resorts Inc. ASHFORD HOSPITALITY TRUST INC Chatham Lodging Trust HERSHA HOSPITALITY TRUST HOST HOTELS & RESORTS, INC. INNSUITES HOSPITALITY TRUST