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) updated its FY 2025 earnings guidance on Thursday. 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 -.

Analyst Ratings Changes

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

RLJ Lodging Trust Stock Performance

RLJ traded down $0.01 during trading hours on Thursday, hitting $7.32. The stock had a trading volume of 1,508,389 shares, compared to its average volume of 2,092,183. The company's fifty day simple moving average is $7.46 and its 200 day simple moving average is $8.01. RLJ Lodging Trust has a 1 year low of $6.16 and a 1 year high of $10.84. The stock has a market cap of $1.11 billion, a PE ratio of 28.15 and a beta of 1.54. The company has a quick ratio of 2.57, a current ratio of 2.57 and a debt-to-equity ratio of 1.18.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last posted its earnings results on Thursday, August 7th. The real estate investment trust reported $0.48 earnings per share for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. RLJ Lodging Trust had a return on equity of 3.43% and a net margin of 4.84%. Equities analysts anticipate that RLJ Lodging Trust will post 1.37 earnings per share for the current year.

RLJ Lodging Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date was Monday, June 30th. RLJ Lodging Trust's dividend payout ratio (DPR) is 230.77%.

Institutional Trading of RLJ Lodging Trust

A hedge fund recently raised its stake in RLJ Lodging Trust stock. Amundi boosted its stake in RLJ Lodging Trust (NYSE:RLJ - Free Report) by 12.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 90,874 shares of the real estate investment trust's stock after purchasing an additional 9,983 shares during the period. Amundi owned about 0.06% of RLJ Lodging Trust worth $717,000 at the end of the most recent reporting period. 92.35% of the stock is owned by hedge funds and other institutional investors.

About RLJ Lodging Trust

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.

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