TSE:HOT.UN

0.49
0.01 (2.00%) 1d
0

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DON'T BUY
They own U.S. hotels, a high-risk, high-reward stock. He's bearish on hotels, which is struggling with labour costs and keeping labour. HOT.UN has done a good job restoring vacancies, in the low-70s, though their peak was in the 80s. However, they've made up the balance on their hotel rates. Their balance sheet is slightly higher, so he would avoid. There are better hotel names.
investment companies / funds
DON'T BUY
Hotels are typically the first sector to go down in a downturn and the first to come out. Today there is zero visibility, however. He would move on from this one.
investment companies / funds
DON'T BUY
He once owned this, selling it before Covid fortunately. The reason was that the 9% dividend could not be sustainable. Indeed, the dividend was cut during Covid. He wouldn't buy it back. Their hotels remain largely empty. He isn't a flipper or trader. Perhaps you can make a trade her if the US economy rapidly reopens and travel revives. There are better ways to play the reopening. Doesn't know when their dividend will return.
investment companies / funds
SELL
It is a difficult stock to own in this environment. The pandemic has shut them. He believes the distribution has been suspended. They have impaired cash flow and higher level.
investment companies / funds
DON'T BUY
He does not think their distribution level is sustainable. They don’t have the right dividend coverage or distribution level.
investment companies / funds
DON'T BUY
It is operating in a very difficult space and he is short in that space. These leases reset every night. Revenue per available room at best is going be flat over the next year. They have too much debt and don’t cover their distribution.
investment companies / funds
SELL
This would be a sell for him. He is not into the hotel space. It comes down to how well you operate these assets. He is not a fan of the operations or management. Railway hotels that are now being sold at losses. Not a good investment. Avoid.
investment companies / funds
DON'T BUY
This REIT has had so many problems. They owned a lot of railway depot hotels, where engineers would take rest. These contracts have been lost and they own in secondary markets. They have over distributed and missed earnings on several occasions. They are now having to invest to keep these assets maintained. This is still a work in progress stock. He does not think the 12% yield will be sustainable. Stay away.
investment companies / funds
COMMENT
A steady downtrend since 2017, but there are places to hang your hat. Now, it's in a seasonal time, going up or sideways at worst in the summer.
investment companies / funds
DON'T BUY
A huge dividend is not a good thing. The market is telling us something – the dividend is too high. They may be capitalizing too much of their maintenance expenditures. The CAP-X is about 6% of net operating income. It should be 20-25%, which is closer to what they are actually spending. They don’t have to cut their dividend, but at this point in the cycle and with more sensitivity in the cycle, they should be more conservative with their capital.
investment companies / funds
BUY
A REIT that owns hotels in secondary US cities. They've upgraded old hotels, many on railway lines. They took a cash-flow hit and the street wasn't ready for that. The stock took a big hit in 2018. Good sustainable yield of 11%. As these investments pay off this and next year, they'll see higher income and share price. But they need to show payback and results in their next earnings report.
investment companies / funds
BUY
REITs aren't doing bad now. We're getting close to the end of the cycle rate-tightening as bond yields have risen alot. on This REIT comes down to your view on interest rates--he thinks we'll come to the end of this in 6-12 months when the cycle turns. REITs like this have decent valuations. However, the bears say that the bond market will correct for another two years.
investment companies / funds
DON'T BUY
He suggests to be careful about chasing yield. He would not suggest any investor to average down in this type of near peak market conditions. This is one you want to be disciplined with your exit strategy, especially if it drops below $8.50 per share level.
investment companies / funds
DON'T BUY

He's met them a few times and nearly bought their stock. It was the hotel chain for railroad workers, but have since re-positioned themselves into premiere brands operating in secondary markets like Pittsburgh. They've done a good job of repositioning, but had a poor quarter. True, there are good things in thosenumbers, but it'll take maybe three quarters to work through this transition. Also, hotels are vulnerable to an economic downturn.

investment companies / funds
HOLD

He has met with their management a few times. They have transitioned their business from hotels for railworkers and staff, which was a simple and good business. They have transitioned to owning more hotels, generally in B cities in the US. He doesn’t have confidence that this will work out well. Its price has been dropping. He doesn’t recommend selling it this low.

investment companies / funds
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American Hotel Income(HOT.UN-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for American Hotel Income is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

American Hotel Income(HOT.UN-T) Frequently Asked Questions

What is American Hotel Income stock symbol?

American Hotel Income is a Canadian stock, trading under the symbol HOT.UN-T on the Toronto Stock Exchange (HOT.UN-CT). It is usually referred to as TSX:HOT.UN or HOT.UN-T

Is American Hotel Income a buy or a sell?

In the last year, there was no coverage of American Hotel Income published on Stockchase.

Is American Hotel Income a good investment or a top pick?

American Hotel Income was recommended as a Top Pick by on . Read the latest stock experts ratings for American Hotel Income.

Why is American Hotel Income stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is American Hotel Income worth watching?

0 stock analysts on Stockchase covered American Hotel Income In the last year. It is a trending stock that is worth watching.

What is American Hotel Income stock price?

On 2024-12-13, American Hotel Income (HOT.UN-T) stock closed at a price of $0.49.