RLJ Lodging Trust (RLJ) to Release Quarterly Earnings on Monday

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Monday, May 5th. Analysts expect the company to announce earnings of $0.31 per share and revenue of $328.08 million for the quarter. RLJ Lodging Trust has set its FY 2025 guidance at 1.460-1.660 EPS.

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.36. The business had revenue of $329.99 million for the quarter, compared to analysts' expectations of $324.66 million. RLJ Lodging Trust had a return on equity of 3.58% and a net margin of 5.19%. On average, analysts expect RLJ Lodging Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

RLJ Lodging Trust Stock Performance

RLJ stock traded up $0.16 during midday trading on Friday, hitting $7.27. The stock had a trading volume of 3,696,375 shares, compared to its average volume of 1,801,040. RLJ Lodging Trust has a 52 week low of $6.16 and a 52 week high of $10.87. 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 stock has a 50-day simple moving average of $7.90 and a 200 day simple moving average of $9.14. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 25.07, a P/E/G ratio of 2.87 and a beta of 1.51.

RLJ Lodging Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date of this dividend was Monday, March 31st. RLJ Lodging Trust's payout ratio is 222.22%.

Insider Activity

In related news, Director Patricia L. Gibson bought 10,000 shares of RLJ Lodging Trust stock in a transaction dated 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 completion of the transaction, the director now owns 124,217 shares of the company's stock, valued at approximately $997,462.51. This trade represents a 8.76 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.60% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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.