NYSE:RLJ

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

$11.40
+0.12 (+1.06%)
(As of 04/23/2024 ET)
Today's Range
$11.25
$11.48
50-Day Range
$10.91
$12.20
52-Week Range
$9.06
$12.39
Volume
820,428 shs
Average Volume
1.27 million shs
Market Capitalization
$1.77 billion
P/E Ratio
35.63
Dividend Yield
3.51%
Price Target
$13.90

RLJ Lodging Trust MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
21.9% Upside
$13.90 Price Target
Short Interest
Healthy
5.21% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.81
Upright™ Environmental Score
News Sentiment
1.46mentions of RLJ Lodging Trust in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.90%
From $1.56 to $1.73 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.75 out of 5 stars

Finance Sector

93rd out of 838 stocks

Real Estate Investment Trusts Industry

12th out of 171 stocks

RLJ stock logo

About RLJ Lodging Trust Stock (NYSE:RLJ)

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.

RLJ Stock Price History

RLJ Stock News Headlines

RLJ Lodging Trust Shs of Benef Interest
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Q4 2023 RLJ Lodging Trust Earnings Call
RLJ Mar 2024 12.500 call
A Preview Of RLJ Lodging's Earnings
BLDR Mar 2024 210.000 call
BLDR Mar 2024 170.000 put
See More Headlines
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Company Calendar

Last Earnings
2/26/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Real estate investment trusts
Sub-Industry
Specialized REITs
CUSIP
74965L10
Employees
79
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.90
High Stock Price Target
$15.00
Low Stock Price Target
$12.50
Potential Upside/Downside
+21.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$76.40 million
Pretax Margin
5.87%

Debt

Sales & Book Value

Annual Sales
$1.33 billion
Cash Flow
$1.93 per share
Book Value
$12.73 per share

Miscellaneous

Free Float
151,011,000
Market Cap
$1.78 billion
Optionable
Optionable
Beta
1.71
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Key Executives

  • Mr. Robert Louis Johnson (Age 78)
    Co-Founder & Executive Chairman of the Board
    Comp: $1.25M
  • Ms. Leslie D. Hale (Age 52)
    President, CEO & Trustee
    Comp: $2.55M
  • Mr. Sean M. Mahoney CPA (Age 52)
    Executive VP & CFO
    Comp: $1.2M
  • Mr. Thomas J. Bardenett (Age 60)
    COO & Executive VP of Asset Management
    Comp: $1.19M
  • Ms. Kate B. Henriksen (Age 49)
    Executive Vice President & Co-Chief Investment Officer
  • Mr. Jeffrey Dauray
    Executive Vice President & Co-Chief Investment Officer
  • Mr. Christopher A. Gormsen CPA (Age 48)
    Senior VP & Chief Accounting Officer
  • Ms. Anita Cooke Wells
    Senior Vice President of Administration
  • Mr. Chad D. Perry J.D. (Age 52)
    Executive VP, General Counsel & Corporate Secretary
  • Mr. Craig Amos
    Executive Vice President, Design & Construction

RLJ Stock Analysis - Frequently Asked Questions

Should I buy or sell RLJ Lodging Trust stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLJ Lodging Trust in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RLJ shares.
View RLJ analyst ratings
or view top-rated stocks.

What is RLJ Lodging Trust's stock price target for 2024?

5 Wall Street research analysts have issued 12-month price objectives for RLJ Lodging Trust's stock. Their RLJ share price targets range from $12.50 to $15.00. On average, they expect the company's stock price to reach $13.90 in the next twelve months. This suggests a possible upside of 21.9% from the stock's current price.
View analysts price targets for RLJ
or view top-rated stocks among Wall Street analysts.

How have RLJ shares performed in 2024?

RLJ Lodging Trust's stock was trading at $11.72 at the beginning of 2024. Since then, RLJ shares have decreased by 2.7% and is now trading at $11.40.
View the best growth stocks for 2024 here
.

Are investors shorting RLJ Lodging Trust?

RLJ Lodging Trust saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 7,870,000 shares, a decline of 23.7% from the March 15th total of 10,320,000 shares. Based on an average daily trading volume, of 1,300,000 shares, the short-interest ratio is currently 6.1 days. Approximately 5.2% of the shares of the stock are short sold.
View RLJ Lodging Trust's Short Interest
.

When is RLJ Lodging Trust's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our RLJ earnings forecast
.

How can I listen to RLJ Lodging Trust's earnings call?

RLJ Lodging Trust will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13745014".

How were RLJ Lodging Trust's earnings last quarter?

RLJ Lodging Trust (NYSE:RLJ) announced its quarterly earnings data on Monday, February, 26th. The real estate investment trust reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.04. The real estate investment trust had revenue of $319.70 million for the quarter, compared to the consensus estimate of $313.34 million. RLJ Lodging Trust had a net margin of 5.76% and a trailing twelve-month return on equity of 3.79%. The business's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.33 EPS.

How often does RLJ Lodging Trust pay dividends? What is the dividend yield for RLJ Lodging Trust?

RLJ Lodging Trust declared a quarterly dividend on Friday, March 15th. Investors of record on Friday, March 29th will be paid a dividend of $0.10 per share on Monday, April 15th. This represents a $0.40 annualized dividend and a dividend yield of 3.51%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for RLJ
.

Is RLJ Lodging Trust a good dividend stock?

RLJ Lodging Trust (NYSE:RLJ) pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.62%. 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 125.00%. 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 23.12% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RLJ.

What guidance has RLJ Lodging Trust issued on next quarter's earnings?

RLJ Lodging Trust updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of 1.550-1.750 for the period, compared to the consensus EPS estimate of 1.660. The company issued revenue guidance of -.

What other stocks do shareholders of RLJ Lodging Trust own?

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).

Who are RLJ Lodging Trust's major shareholders?

RLJ Lodging Trust's stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.11%), Raymond James Financial Services Advisors Inc. (0.08%), Pensionfund DSM Netherlands (0.06%), Vert Asset Management LLC (0.04%), Pensionfund Sabic (0.02%) and BTC Capital Management Inc. (0.02%). Insiders that own company stock include Arthur Reginald Collins, Nathaniel A Davis and Patricia L Gibson.
View institutional ownership trends
.

How do I buy shares of RLJ Lodging Trust?

Shares of RLJ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RLJ) was last updated on 4/23/2024 by MarketBeat.com Staff

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