RLJ Lodging Trust (NYSE:RLJ) Issues FY 2025 Earnings Guidance

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) issued an update on its FY 2025 earnings guidance on Monday morning. The company provided earnings per share guidance of 1.380-1.580 for the period, compared to the consensus earnings per share estimate of 1.540. The company issued revenue guidance of -.

RLJ Lodging Trust Stock Performance

NYSE:RLJ traded up $0.12 during trading hours on Wednesday, reaching $7.09. The company had a trading volume of 6,306,413 shares, compared to its average volume of 1,825,694. RLJ Lodging Trust has a 52 week low of $6.16 and a 52 week high of $10.84. The firm's 50 day moving average price is $7.76 and its 200-day moving average price is $9.09. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 1.14. The firm has a market cap of $1.08 billion, a price-to-earnings ratio of 24.45, a PEG ratio of 2.87 and a beta of 1.50.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The real estate investment trust reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The business had revenue of $328.12 million for the quarter, compared to analysts' expectations of $328.08 million. RLJ Lodging Trust had a return on equity of 3.58% and a net margin of 5.19%. The business's quarterly revenue was up 1.1% on a year-over-year basis. During the same period last year, the firm earned $0.33 earnings per share. On average, analysts forecast that RLJ Lodging Trust will post 1.37 EPS for the current year.

RLJ Lodging Trust Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 8.46%. The ex-dividend date was Monday, March 31st. RLJ Lodging Trust's dividend payout ratio is currently 222.22%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on RLJ. StockNews.com raised RLJ Lodging Trust from a "sell" rating to a "hold" rating in a research report on Wednesday. Wells Fargo & Company dropped their price objective on shares of RLJ Lodging Trust from $10.50 to $9.75 and set an "underweight" rating on the stock in a report on Tuesday, February 18th. KeyCorp dropped their price objective on shares of RLJ Lodging Trust from $14.00 to $12.00 and set an "overweight" rating on the stock in a report on Monday, March 24th. Finally, Truist Financial lowered RLJ Lodging Trust from a "buy" rating to a "hold" rating and dropped their target price for the stock from $11.00 to $10.00 in a report on Friday, March 21st. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $10.82.

Insider Buying and Selling at RLJ Lodging Trust

In other RLJ Lodging Trust news, Director Patricia L. Gibson acquired 10,000 shares of the company's stock in a transaction on Friday, March 28th. The shares were bought at an average cost of $8.03 per share, for a total transaction of $80,300.00. Following the acquisition, the director now directly owns 124,217 shares of the company's stock, valued at $997,462.51. This trade represents a 8.76 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.60% of the stock is owned by insiders.

RLJ Lodging Trust Company Profile

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 96 hotels with approximately 21,200 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.