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

Key Points

• RLJ Lodging Trust has updated its fiscal year 2025 earnings guidance, projecting earnings per share between 1.380-1.580, compared to the consensus estimate of 1.461.
• Brokerage firms have adjusted their ratings on RLJ, with Oppenheimer reducing its price target from $12.00 to $11.00 and Wells Fargo increasing it from $6.00 to $7.00.
• The company recently declared a quarterly dividend of $0.15 per share, yielding approximately 8.2%, although its dividend payout ratio is high at 230.77%.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday 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 1.461. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Wells Fargo & Company raised their target price on RLJ Lodging Trust from $6.00 to $7.00 and gave the company an "underweight" rating in a report on Tuesday, July 1st. Wall Street Zen cut RLJ Lodging Trust from a "hold" rating to a "sell" rating in a research note on Wednesday, May 21st. Oppenheimer decreased their price objective on RLJ Lodging Trust from $12.00 to $11.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th. Finally, Truist Financial cut their target price on RLJ Lodging Trust from $10.00 to $7.00 and set a "hold" rating on the stock in a research report on Monday, June 9th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $9.25.

RLJ Lodging Trust Stock Down 0.4%

NYSE RLJ traded down $0.03 on Monday, hitting $6.92. 400,929 shares of the stock traded hands, compared to its average volume of 2,088,833. RLJ Lodging Trust has a twelve month low of $6.16 and a twelve month high of $10.84. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $1.05 billion, a P/E ratio of 32.97 and a beta of 1.54. The stock has a 50-day moving average of $7.45 and a 200 day moving average of $7.94.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The real estate investment trust reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. RLJ Lodging Trust had a return on equity of 3.01% and a net margin of 4.23%. The business had revenue of $363.10 million during the quarter, compared to analyst estimates of $365.30 million. During the same period last year, the company earned $0.51 earnings per share. RLJ Lodging Trust's quarterly revenue was down 1.7% compared to the same quarter last year. As a group, analysts expect that RLJ Lodging Trust will post 1.37 earnings per share for the current fiscal year.

RLJ Lodging Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.60 dividend on an annualized basis and a yield of 8.7%. RLJ Lodging Trust's dividend payout ratio (DPR) is 285.71%.

Institutional Investors Weigh In On RLJ Lodging Trust

An institutional investor recently raised its position in RLJ Lodging Trust stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of RLJ Lodging Trust (NYSE:RLJ - Free Report) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 993,552 shares of the real estate investment trust's stock after purchasing an additional 103,065 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.65% of RLJ Lodging Trust worth $7,839,000 as of its most recent filing with the Securities and Exchange Commission. 92.35% of the stock is owned by hedge funds and other institutional investors.

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.