David Folsom - Sotherly Hotels President, COO and Director
| SOHO Stock | USD 0.90 0.02 2.17% |
President
Mr. David R. Folsom is President, Chief Operating Officer, Director of Sotherly Hotels Inc. He was appointed to the position of president in January 2011 and to the position of chief operating officer in January 2006. Mr. Folsom was appointed as a director in 2011. Mr. Folsom assists the chief executive officer in the execution of Sotherlys strategic business plan and coordinates Sotherlys capital raising and borrowing efforts, as well as sourcing and conducting due diligence on potential acquisitions to facilitate the companys growth. Prior to joining Sotherly, Mr. Folsom was Vice President of Paragon Real Estate, a Clevelandbased early stage real estate venture focusing on distressed multifamily assets in 2005. From 2001 to 2005, he was an investment banker with BBT Capital Markets, where he served in the Real Estate Securities Group and Debt Capital Markets Groups. While at BBT, Mr. Folsom participated in over 70 equity, debt and preferred stock underwritings, as well as financial advisory transactions across many industries. He was a member of the lead underwriting team that took Sotherly public in 2004 since 2011.
| Age | 59 |
| Tenure | 13 years |
| Professional Marks | MBA |
| Address | 306 South Henry Street, Suite 100, Williamsburg, VA, United States, 23185-4046 |
| Phone | 757 229 5648 |
| Web | https://www.sotherlyhotels.com |
Sotherly Hotels Management Efficiency
The company has return on total asset (ROA) of 0.0313 % which means that it generated a profit of $0.0313 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0322 %, meaning that it created $0.0322 on every $100 dollars invested by stockholders. Sotherly Hotels' management efficiency ratios could be used to measure how well Sotherly Hotels manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of November 2024, Return On Tangible Assets is likely to grow to 0.01. Also, Return On Capital Employed is likely to grow to 0.05. At this time, Sotherly Hotels' Non Current Assets Total are very stable compared to the past year. As of the 30th of November 2024, Intangible Assets is likely to grow to about 3 M, while Total Assets are likely to drop about 279.8 M.Similar Executives
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Management Performance
| Return On Equity | 0.0322 | ||||
| Return On Asset | 0.0313 |
Sotherly Hotels Leadership Team
Elected by the shareholders, the Sotherly Hotels' board of directors comprises two types of representatives: Sotherly Hotels inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sotherly. The board's role is to monitor Sotherly Hotels' management team and ensure that shareholders' interests are well served. Sotherly Hotels' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sotherly Hotels' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anthony CPA, Secretary VP | ||
| Ashley Kirkland, Corporate Officer | ||
| Lindsay Newport, VP Marketing | ||
| David CPA, Corporate Controller | ||
| Teresa Moran, Accounting Manager | ||
| David Folsom, President, COO and Director | ||
| Scott Kucinski, VP of Operations and Investor Relations | ||
| Andrew Sims, Chairman and CEO | ||
| Robert IV, General Counsel |
Sotherly Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Sotherly Hotels a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0322 | ||||
| Return On Asset | 0.0313 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 345.6 M | ||||
| Shares Outstanding | 19.85 M | ||||
| Shares Owned By Insiders | 14.27 % | ||||
| Shares Owned By Institutions | 29.38 % | ||||
| Number Of Shares Shorted | 14.28 K | ||||
| Price To Earning | (236.80) X |
Pair Trading with Sotherly Hotels
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sotherly Hotels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sotherly Hotels will appreciate offsetting losses from the drop in the long position's value.Moving against Sotherly Stock
| 0.6 | RLJ | RLJ Lodging Trust | PairCorr |
| 0.54 | CLDT | Chatham Lodging Trust | PairCorr |
| 0.47 | LTC | LTC Properties | PairCorr |
| 0.46 | OZ | Belpointe PREP LLC | PairCorr |
| 0.41 | PK | Park Hotels Resorts Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Sotherly Hotels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sotherly Hotels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sotherly Hotels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sotherly Hotels to buy it.
The correlation of Sotherly Hotels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sotherly Hotels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sotherly Hotels moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sotherly Hotels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sotherly Hotels. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Sotherly Stock, please use our How to Invest in Sotherly Hotels guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Hotel & Resort REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sotherly Hotels. If investors know Sotherly will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sotherly Hotels listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.19) | Earnings Share (0.33) | Revenue Per Share 9.299 | Quarterly Revenue Growth 0.039 | Return On Assets 0.0313 |
The market value of Sotherly Hotels is measured differently than its book value, which is the value of Sotherly that is recorded on the company's balance sheet. Investors also form their own opinion of Sotherly Hotels' value that differs from its market value or its book value, called intrinsic value, which is Sotherly Hotels' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sotherly Hotels' market value can be influenced by many factors that don't directly affect Sotherly Hotels' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sotherly Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sotherly Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sotherly Hotels' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.