RLJ Lodging Trust (NYSE:RLJ) Stock Price Crosses Above Two Hundred Day Moving Average - What's Next?

Key Points

• RLJ Lodging Trust shares rose above their 200-day moving average, reaching $12.38 and last trading near $12.27, compared with a 200-day average of $10.58.
• Analyst sentiment remains cautious: the stock has a consensus rating of “Reduce”, with one Buy, five Hold, and three Sell ratings, and an average price target of $11.81.
• RLJ reported quarterly EPS of $0.52, beating the $0.15 consensus estimate, and pays a quarterly dividend of $0.15, equivalent to a roughly 4.9% annual yield; institutional investors own 92.35% of its shares.

Shares of RLJ Lodging Trust (NYSE:RLJ - Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $10.58 and traded as high as $12.38. RLJ Lodging Trust shares last traded at $12.2740, with a volume of 2,426,213 shares.

Wall Street Analyst Weigh In

A number of research firms have recently commented on RLJ. Weiss Ratings cut RLJ Lodging Trust from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, August 11th. Barclays boosted their target price on RLJ Lodging Trust from $11.00 to $12.00 and gave the company an "underweight" rating in a report on Tuesday, October 13th. Bank of America upped their target price on RLJ Lodging Trust from $9.25 to $10.50 and gave the company an "underperform" rating in a research report on Monday, July 20th. Truist Financial raised their price target on RLJ Lodging Trust from $10.00 to $11.00 and gave the stock a "hold" rating in a research note on Monday, September 21st. Finally, Raymond James Financial downgraded RLJ Lodging Trust from an "outperform" rating to a "market perform" rating in a research note on Monday, September 28th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Reduce" and an average price target of $11.81.

RLJ Lodging Trust Stock Up 0.9%

The business's fifty day moving average price is $11.19 and its 200 day moving average price is $10.58. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 8.14 and a beta of 1.12. The company has a current ratio of 5.71, a quick ratio of 5.71 and a debt-to-equity ratio of 1.50.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.52 EPS for the quarter, beating the consensus estimate of $0.15 by $0.37. The firm had revenue of $382.99 million during the quarter, compared to the consensus estimate of $370.49 million. RLJ Lodging Trust had a net margin of 2.00% and a return on equity of 1.52%. RLJ Lodging Trust's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.48 EPS. RLJ Lodging Trust has set its FY 2026 guidance at 1.370-1.500 EPS. On average, equities analysts expect that RLJ Lodging Trust will post 1.33 EPS for the current year.

RLJ Lodging Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.15 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.60 dividend on an annualized basis and a yield of 4.9%.

Institutional Investors Weigh In On RLJ Lodging Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Readystate Asset Management LP acquired a new position in RLJ Lodging Trust in the 2nd quarter valued at about $1,377,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in RLJ Lodging Trust during the 2nd quarter valued at approximately $1,544,000. Public Employees Retirement System of Ohio purchased a new stake in RLJ Lodging Trust during the 2nd quarter valued at approximately $1,727,000. Sei Investments Co. raised its stake in RLJ Lodging Trust by 122.5% during the 1st quarter. Sei Investments Co. now owns 251,168 shares of the real estate investment trust's stock valued at $1,864,000 after acquiring an additional 138,259 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in RLJ Lodging Trust during the 2nd quarter worth approximately $1,640,000. 92.35% of the stock is owned by hedge funds and other institutional investors.

About RLJ Lodging Trust

RLJ Lodging Trust NYSE: RLJ is a self-advised real estate investment trust that owns a portfolio of premium-branded, focused-service and compact full-service hotels. The company's properties primarily operate under brands affiliated with Marriott International, Hilton Worldwide Holdings and Hyatt Hotels, among other major lodging companies.

RLJ's hotels are generally located in urban and densely populated areas, including major business and leisure markets across the United States. The properties provide guest accommodations and related hospitality services, while independent hotel management companies typically oversee day-to-day operations.

The company was formed in 2011 and is named after Robert L.

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