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

RLJ Lodging Trust (NYSE:RLJ - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Monday, May 5th. Analysts expect RLJ Lodging Trust to post 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 announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of ($0.03) by $0.36. RLJ Lodging Trust had a net margin of 5.19% and a return on equity of 3.58%. The business had revenue of $329.99 million during the quarter, compared to the consensus estimate of $324.66 million. 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 Trading Up 1.7 %

RLJ Lodging Trust stock traded up $0.12 during trading hours on Thursday, reaching $7.13. 1,666,181 shares of the company's stock were exchanged, compared to its average volume of 1,790,539. The firm has a market capitalization of $1.08 billion, a PE ratio of 24.59, a PEG ratio of 2.87 and a beta of 1.51. The company has a quick ratio of 2.74, a current ratio of 2.74 and a debt-to-equity ratio of 1.14. The firm's 50 day simple moving average is $7.98 and its 200 day simple moving average is $9.17. RLJ Lodging Trust has a twelve month low of $6.16 and a twelve month high of $11.16.

RLJ Lodging Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 8.42%. The ex-dividend date was Monday, March 31st. RLJ Lodging Trust's dividend payout ratio (DPR) is presently 222.22%.

Analyst Upgrades and Downgrades

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

Insider Activity at RLJ Lodging Trust

In other RLJ Lodging Trust news, Director Patricia L. Gibson acquired 10,000 shares of the business's stock in a transaction on Friday, March 28th. The shares were acquired at an average price of $8.03 per share, with a total value of $80,300.00. Following the completion of the transaction, the director now owns 124,217 shares in the company, valued at approximately $997,462.51. This trade represents a 8.76 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 2.60% of the stock is currently owned by company 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.