Hotel Property Investments Share Price and Company Fundamentals



Price
$3.15
Change
0.020 (0.639%)
52 week
2.37 - 3.41

Last traded: Today at 6:10 AM

HPI owns a Portfolio of freehold hotels and associated specialty tenancies located throughout Queensland and South Australia. The pubs are leased to the Queensland Venue Company (“QVC”), a joint venture between Coles group and Australian Venue Company, and to Australian Leisure & Hospitality ("ALH"), a joint venture 75% owned by the Woolworths group. HPI's objective is to maximise the long term income and capital returns from its investments for the benefit of its Securityholders. Approximately 93% of the income is earned from the pubs leased to QVC and ALH. The remaining rental income is derived from Speciality Tenants leasing the On-site Specialty Stores. Specialty Tenants include a mix of franchisors and franchisees including 7-Eleven, Nightowl, Nando's, Subway, Noodle Box, The Good Guys and Quest Apartments. The Responsible Entity of the Trust is Hotel Property Investments Limited.

Key Metrics

PE ratio

9.78

PB ratio

1.02

Dividend yield

6.17%

Beta

0.68

Market cap

$549.84M

Enterprise value

$847.23M

Company profile

Primary activitiesOwnership of real property.
Industry / SectorREIT—Diversified / Real Estate
Websitehttp://www.hpitrust.com.au
Mailing addressIBM Centre Suite 2, Level 17 60 City Road Southbank Melbourne VIC 3006 Australia
Phone / Fax61 3 9038 1774 / 61 3 8526 7430
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Hotel Property Investments Dividend history, yield and payout ratio

Dividend yield

6.17%

Dividend amount

$0.19

Payout ratio

60.24%

5Y Avg. yield

7.18%

Hotel Property Investments paid $0.19 dividend and the ex-dividend date was 30 Dec 2020.The dividend payout ratio is 60.24%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.HPI dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

HPI's forward dividend amount is $0.19 and the forward dividend yield is 6.17%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Hotel Property Investments.

NameTitleAgeTotal Pay
Mr. Donald SmithCEO, MD & Director560.5k
Mr. Blair StrikCompany Sec. & CFO391.75k

Profitability and management effectiveness

Profit margin

90.54%

Operating margin

78.25%

Return on assets

3.44%

Return on equity

10.43%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Hotel Property Investments is 549.84M and its enterprise value is 847.23M. The enterprise value to revenue ratio of HPI is 15.20.

The HPI's stocks Beta value is 0.68 making it 32% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Hotel Property Investments (HPI)

Hotel Property Investments (ASX:HPI) Frequently Asked Questions

1. What is Hotel Property Investments's Stock Symbol?

Hotel Property Investments trades on ASX under the ticker symbol "HPI".

2. What is Hotel Property Investments's stock price today?

One share of HPI stock can currently be purchased for approximately $3.15.

3. How can I contact Hotel Property Investments?

Hotel Property Investments's mailing address is IBM Centre Suite 2, Level 17 60 City Road Southbank Melbourne VIC 3006 Australia. The company can be reached via phone at 61 3 9038 1774.

4. What is Hotel Property Investments's official website?

The official website of Hotel Property Investments is http://www.hpitrust.com.au.

5. Which share registry manages Hotel Property Investments's stock?

Hotel Property Investments's stock is managed by LINK MARKET SERVICES LIMITED.