Service Properties Trust (NASDAQ:SVC) Announces Quarterly Earnings Results, Beats Expectations By $0.40 EPS

Service Properties Trust (NASDAQ:SVC - Get Free Report) announced its quarterly earnings data on Wednesday. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.36) by $0.40, Zacks reports. Service Properties Trust had a negative return on equity of 35.74% and a negative net margin of 13.59%.The firm had revenue of $364.45 million during the quarter, compared to the consensus estimate of $347.82 million. Service Properties Trust updated its FY 2026 guidance to 0.240-0.270 EPS.

Service Properties Trust Stock Performance

SVC opened at $1.54 on Friday. The company has a market cap of $258.80 million, a PE ratio of -1.08 and a beta of 1.61. The stock has a 50-day moving average of $1.73 and a 200-day moving average of $1.89. Service Properties Trust has a 52-week low of $1.13 and a 52-week high of $3.08. The company has a debt-to-equity ratio of 5.00, a quick ratio of 0.14 and a current ratio of 0.14.

Service Properties Trust Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Tuesday, April 21st will be given a $0.01 dividend. The ex-dividend date of this dividend is Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.6%. Service Properties Trust's payout ratio is currently -3.31%.

Insider Buying and Selling at Service Properties Trust

In related news, CEO Christopher J. Bilotto acquired 100,000 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were acquired at an average cost of $1.20 per share, with a total value of $120,000.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Brian E. Donley bought 55,000 shares of Service Properties Trust stock in a transaction that occurred on Thursday, April 2nd. The stock was bought at an average price of $1.20 per share, with a total value of $66,000.00. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 41,914,999 shares of company stock worth $50,297,999 in the last 90 days. Company insiders own 1.57% of the company's stock.

Hedge Funds Weigh In On Service Properties Trust

A number of institutional investors have recently modified their holdings of the company. Abel Hall LLC acquired a new stake in shares of Service Properties Trust in the fourth quarter worth $32,000. Caxton Associates LLP acquired a new position in Service Properties Trust in the 3rd quarter valued at $33,000. BNP Paribas Financial Markets grew its stake in Service Properties Trust by 54.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 14,470 shares of the real estate investment trust's stock valued at $35,000 after buying an additional 5,099 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in Service Properties Trust in the 3rd quarter worth $45,000. Finally, Jain Global LLC raised its holdings in Service Properties Trust by 37.8% in the 4th quarter. Jain Global LLC now owns 34,638 shares of the real estate investment trust's stock worth $64,000 after acquiring an additional 9,500 shares during the period. Institutional investors own 77.62% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SVC. Wells Fargo & Company reduced their price target on Service Properties Trust from $2.50 to $2.00 and set an "equal weight" rating for the company in a report on Thursday, January 22nd. Weiss Ratings restated a "sell (d-)" rating on shares of Service Properties Trust in a report on Tuesday, April 21st. Zacks Research lowered shares of Service Properties Trust from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 30th. B. Riley Financial upgraded shares of Service Properties Trust from a "neutral" rating to a "buy" rating and set a $2.00 target price for the company in a research note on Thursday, April 2nd. Finally, Wall Street Zen raised shares of Service Properties Trust from a "sell" rating to a "hold" rating in a research report on Saturday, March 28th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $2.00.

Service Properties Trust Company Profile

Service Properties Trust NASDAQ: SVC is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.