Service Properties Trust (SVC) Projected to Post Earnings on Tuesday

Service Properties Trust (NASDAQ:SVC - Get Free Report) is projected to release its Q1 2025 earnings data after the market closes on Tuesday, May 6th. Analysts expect Service Properties Trust to post earnings of $0.03 per share and revenue of $433.21 million for the quarter.

Service Properties Trust Stock Up 5.6 %

SVC traded up $0.10 during trading hours on Thursday, hitting $1.90. 1,997,083 shares of the company's stock were exchanged, compared to its average volume of 2,090,460. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 4.32. Service Properties Trust has a 12-month low of $1.71 and a 12-month high of $6.34. The firm has a market cap of $316.61 million, a P/E ratio of -1.29 and a beta of 1.80. The firm has a 50 day moving average of $2.34 and a 200 day moving average of $2.66.

Service Properties Trust Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd will be paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 2.11%. The ex-dividend date of this dividend is Tuesday, April 22nd. Service Properties Trust's payout ratio is currently -2.40%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. B. Riley began coverage on Service Properties Trust in a report on Tuesday, April 22nd. They set a "neutral" rating and a $2.00 price target on the stock. Wells Fargo & Company upgraded shares of Service Properties Trust from an "underweight" rating to an "overweight" rating and upped their target price for the stock from $2.50 to $4.00 in a research note on Wednesday, March 19th.

Service Properties Trust Company Profile

Service Properties Trust Nasdaq: SVC is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of December 31, 2023, SVC owned 221 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majority of which are extended stay and select service.