RLJ Lodging Trust Stock Price, News & Analysis (NYSE:RLJ)

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RLJ Lodging Trust in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RLJ shares.
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4 equities research analysts have issued twelve-month target prices for RLJ Lodging Trust's shares. Their RLJ share price targets range from $11.00 to $13.00. On average, they expect the company's stock price to reach $12.50 in the next twelve months. This suggests a possible upside of 15.8% from the stock's current price.
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RLJ Lodging Trust's stock was trading at $10.59 on January 1st, 2023. Since then, RLJ shares have increased by 1.9% and is now trading at $10.79.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 26th 2024.
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RLJ Lodging Trust (NYSE:RLJ) issued its earnings results on Monday, February, 27th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. The real estate investment trust earned $302.20 million during the quarter, compared to analyst estimates of $304.99 million. RLJ Lodging Trust had a trailing twelve-month return on equity of 3.69% and a net margin of 5.74%. The business's revenue for the quarter was up 26.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 earnings per share.

RLJ Lodging Trust announced a quarterly dividend on Thursday, August 3rd. Investors of record on Saturday, September 30th will be paid a dividend of $0.10 per share on Tuesday, October 17th. This represents a $0.40 dividend on an annualized basis and a yield of 3.71%. The ex-dividend date is Thursday, September 28th. This is an increase from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for RLJ.

RLJ Lodging Trust (NYSE:RLJ) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.74%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 129.03%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, RLJ will have a dividend payout ratio of 25.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RLJ.

ETFs with the largest weight of RLJ Lodging Trust (NYSE:RLJ) stock in their portfolio include ALPS REIT Dividend Dogs ETF (RDOG), Nuveen Short-Term REIT ETF (NURE), Fidelity Real Estate Investment ETF (FPRO), Kelly Hotel & Lodging Sector ETF (HOTL) and Invesco Real Assets ESG ETF (IVRA).Hypatia Women CEO ETF (WCEO).

RLJ Lodging Trust updated its fourth quarter earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $0.30-$0.36 for the period, compared to the consensus EPS estimate of $0.34.

Based on aggregate information from My MarketBeat watchlists, some companies that other RLJ Lodging Trust investors own include AT&T (T), Blackstone (BX), Enterprise Products Partners (EPD), Iron Mountain (IRM), VEREIT (VER), Starwood Property Trust (STWD), Macerich (MAC), New Residential Investment (NRZ), AGNC Investment (AGNC) and Energy Transfer (ET).

RLJ Lodging Trust's stock is owned by a number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (3.25%), Charles Schwab Investment Management Inc. (2.13%), HG Vora Capital Management LLC (2.09%), Northern Trust Corp (1.22%), Jacobs Levy Equity Management Inc. (1.09%) and LSV Asset Management (0.98%). Insiders that own company stock include Nathaniel A Davis and Patricia L Gibson.
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Shares of RLJ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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