NYSE:RLJRLJ Lodging Trust Stock Price, Forecast & News

RLJ Lodging Trust's stock was trading at $9.42 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RLJ stock has increased by 0.5% and is now trading at $9.47. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLJ Lodging Trust in the last year. There are currently 1 sell rating, 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for RLJ Lodging Trust.

RLJ Lodging Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for RLJ Lodging Trust.

RLJ Lodging Trust (NYSE:RLJ) issued its earnings results on Tuesday, May, 12th. The real estate investment trust reported ($0.21) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.45. The real estate investment trust earned $265.50 million during the quarter, compared to analyst estimates of $261.41 million. RLJ Lodging Trust had a net margin of 4.98% and a return on equity of 2.50%. RLJ Lodging Trust's quarterly revenue was down 33.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.48 earnings per share. View RLJ Lodging Trust's earnings history.

RLJ Lodging Trust declared a quarterly dividend on Monday, June 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.01 per share on Wednesday, July 15th. This represents a $0.04 annualized dividend and a yield of 0.42%. The ex-dividend date is Monday, June 29th. View RLJ Lodging Trust's dividend history.

8 equities research analysts have issued 12 month target prices for RLJ Lodging Trust's stock. Their forecasts range from $7.00 to $20.00. On average, they anticipate RLJ Lodging Trust's stock price to reach $12.09 in the next year. This suggests a possible upside of 27.7% from the stock's current price. View analysts' price targets for RLJ Lodging Trust.

Media stories about RLJ stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. RLJ Lodging Trust earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about RLJ Lodging Trust.

Some companies that are related to RLJ Lodging Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), HCP (HCP), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RLJ Lodging Trust investors own include AT&T (T), Blackstone Group (BX), Vereit (VER), Enterprise Products Partners (EPD), AbbVie (ABBV), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), Iron Mountain (IRM), Micron Technology (MU) and ANNALY CAP MGMT/SH (NLY).

RLJ Lodging Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RLJ."

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

One share of RLJ stock can currently be purchased for approximately $9.47.

RLJ Lodging Trust has a market capitalization of $1.56 billion and generates $1.57 billion in revenue each year. The real estate investment trust earns $127.84 million in net income (profit) each year or $2.03 on an earnings per share basis. RLJ Lodging Trust employs 84 workers across the globe.

The official website for RLJ Lodging Trust is www.rljlodgingtrust.com.

RLJ Lodging Trust's mailing address is 3 BETHESDA METRO CENTER SUITE 1000, BETHESDA MD, 20814. The real estate investment trust can be reached via phone at 301-280-7777 or via email at [email protected]