RLJ Lodging Trust is a self-administered real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. As of December 31, 2016, the Company owned 122 hotels with approximately 20,100 rooms, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel. Its hotels' brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Fairfield Inn & Suites, Marriott, Renaissance, Hilton Garden Inn, Hampton Inn/Hampton Inn & Suites, Embassy Suites, DoubleTree, Homewood Suites, Hilton, Hyatt House, Hyatt Place and Hyatt/Hyatt Centric. Its operating partnership is RLJ Lodging Trust, L.P. Its properties include Courtyard San Francisco, Courtyard Boulder Longmont, Residence Inn Longmont Boulder, DoubleTree Grand Key Resort, Courtyard Atlanta Buckhead, Courtyard Chicago Southeast Hammond, Courtyard Louisville Northeast, DoubleTree Hotel Columbia and Residence Inn Detroit Novi.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Hospitality REITs
- Sub-Industry: Specialized REITs
- Symbol: NYSE:RLJ
- CUSIP: 74965L10
- Web: www.rljlodgingtrust.com
Capitalization:- Market Cap: $2.62492 billion
- Outstanding Shares: 123,753,000
Average Prices:- 50 Day Moving Avg: $20.53
- 200 Day Moving Avg: $22.07
- 52 Week Range: $18.92 - $25.10
P/E:- Trailing P/E Ratio: 13.39
- Foreward P/E Ratio: 9.00
- P/E Growth: 1.20
Sales & Book Value:- Annual Revenue: $1.15 billion
- Price / Sales: 2.28
- Book Value: $17.86 per share
- Price / Book: 1.18
Dividend:- Annual Dividend: $1.32
- Dividend Yield: 6.3%
Profitability:- EBIDTA: $376.35 million
- Net Margins: 17.19%
- Return on Equity: 8.95%
- Return on Assets: 4.94%
Debt:- Debt-to-Equity Ratio: 0.71%
- Current Ratio: 4.56%
- Quick Ratio: 4.56%
Misc:- Average Volume: 1.95 million shs.
- Beta: 1.15
- Short Ratio: 6.5
Frequently Asked Questions for RLJ Lodging Trust (NYSE:RLJ)
What is RLJ Lodging Trust's stock symbol?
RLJ Lodging Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RLJ."
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 Thursday, June 15th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.33 per share on Friday, July 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.24%. The ex-dividend date is Wednesday, June 28th. View RLJ Lodging Trust's Dividend History.
How were RLJ Lodging Trust's earnings last quarter?
RLJ Lodging Trust (NYSE:RLJ) announced its quarterly earnings data on Monday, May, 8th. The company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $260.20 million for the quarter, compared to analysts' expectations of $263.57 million. RLJ Lodging Trust had a net margin of 17.19% and a return on equity of 8.95%. RLJ Lodging Trust's quarterly revenue was down 5.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.57 earnings per share. View RLJ Lodging Trust's Earnings History.
Where is RLJ Lodging Trust's stock going? Where will RLJ Lodging Trust's stock price be in 2017?
8 brokerages have issued twelve-month target prices for RLJ Lodging Trust's shares. Their predictions range from $20.00 to $28.00. On average, they expect RLJ Lodging Trust's stock price to reach $25.13 in the next twelve months. View Analyst Ratings for RLJ Lodging Trust.
What are analysts saying about RLJ Lodging Trust stock?
Here are some recent quotes from research analysts about RLJ Lodging Trust stock:
- 1. According to Zacks Investment Research, "RLJ Lodging Trust is a REIT focused on investing primarily in premium-branded, focused-service, and compact full-service hotels. It plans to own hotels concentrated in urban and dense suburban markets. " (7/12/2017)
- 2. Boenning Scattergood analysts commented, "We are updating our quarterly estimates to adjust for the ongoing Louisville convention renovation, the Northern California renovation disruption, and the weaker year-on-year RevPAR comparisons in Houston and Austin. Our updated second quarter normalized FFO goes down by four cents to $0.69 per share, three cents below consensus. As a result, our full-year normalized FFO estimate declines by three cents to $2.37 per share. Because of these tweaks, we are marginally adjusting our NAV estimate downward to $24.15 per share. We remain Underperform on RLJ for the time being due to a softer second quarter and greater uncertainty with the pending merger." (6/14/2017)
Who are some of RLJ Lodging Trust's key competitors?
Some companies that are related to RLJ Lodging Trust include Hospitality Properties Trust (HPT), Apple Hospitality REIT (APLE), Strategic Hotels and Resorts (BEE), Sunstone Hotel Investors (SHO), LaSalle Hotel Properties (LHO), Diamondrock Hospitality Company (DRH), Pebblebrook Hotel Trust (PEB), Xenia Hotels & Resorts (XHR), Summit Hotel Properties (INN), MGM Growth Properties LLC (MGP), Chesapeake Lodging Trust (CHSP), FelCor Lodging Trust Incorporated (FCH), Chatham Lodging Trust (REIT) (CLDT), Hersha Hospitality Trust (HT), Ashford Hospitality Trust (AHT), Empiric Student Property PLC (ESP), Ashford Hospitality Prime (AHP) and Sotherly Hotels (SOHO).
Who are RLJ Lodging Trust's key executives?
RLJ Lodging Trust's management team includes the folowing people:
- Robert L. Johnson, Executive Chairman of the Board of Trustees
- Ross H. Bierkan, President, Chief Executive Officer, Chief Investment Officer, Director
- Leslie D. Hale, Chief Financial Officer, Chief Operating Officer, Executive Vice President, Treasurer
- Arthur Reginald Collins, Director
- Evan Bayh, Independent Trustee
- Nathaniel A. Davis, Independent Trustee
- Robert M. La Forgia, Independent Trustee
- Glenda G. McNeal, Independent Trustee
Who owns RLJ Lodging Trust stock?
RLJ Lodging Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.37%), Russell Investments Group Ltd. (0.32%), Pensionfund DSM Netherlands (0.06%), State of Alaska Department of Revenue (0.05%), James Investment Research Inc. (0.05%) and Profit Investment Management LLC (0.05%). View Institutional Ownership Trends for RLJ Lodging Trust.
Who sold RLJ Lodging Trust stock? Who is selling RLJ Lodging Trust stock?
RLJ Lodging Trust's stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, State of Alaska Department of Revenue, Meeder Asset Management Inc., Profit Investment Management LLC and Adams Diversified Equity Fund Inc.. View Insider Buying and Selling for RLJ Lodging Trust.
Who bought RLJ Lodging Trust stock? Who is buying RLJ Lodging Trust stock?
RLJ Lodging Trust's stock was bought by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Russell Investments Group Ltd., James Investment Research Inc., Forsta AP Fonden, Breton Hill Capital Ltd., NN Investment Partners Holdings N.V. and Aperio Group LLC. View Insider Buying and Selling for RLJ Lodging Trust.
How do I buy RLJ Lodging Trust stock?
Shares of RLJ Lodging Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is RLJ Lodging Trust's stock price today?
One share of RLJ Lodging Trust stock can currently be purchased for approximately $21.15.
MarketBeat Community Rating for RLJ Lodging Trust (NYSE RLJ)MarketBeat's community ratings are surveys of what our community members think about RLJ Lodging Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for RLJ Lodging Trust (NYSE:RLJ) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Sell Ratings, 2 Hold Ratings, 4 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.25) |
| Consensus Price Target: | $25.13 (18.79% upside) |
Analysts' Ratings History for RLJ Lodging Trust (NYSE:RLJ)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/18/2017 | Boenning Scattergood | Set Price Target | Sell | $20.00 | Low |  |
| 6/5/2017 | Janney Montgomery Scott | Reiterated Rating | Buy | $26.00 -> $28.00 | Low | |
| 2/14/2017 | Barclays PLC | Set Price Target | Sell | $23.00 | N/A | |
| 1/4/2017 | Canaccord Genuity | Reiterated Rating | Hold | $23.00 | N/A | |
| 1/3/2017 | Royal Bank Of Canada | Reiterated Rating | Buy | $27.00 | N/A | |
| 12/14/2016 | Nomura | Initiated Coverage | Buy | $28.00 | N/A | |
| 12/14/2016 | Instinet | Initiated Coverage | Buy | $28.00 | N/A | |
| 8/8/2016 | Robert W. Baird | Downgrade | Outperform -> Neutral | $25.00 -> $24.00 | N/A | |
| 5/19/2016 | Bank of America Corporation | Downgrade | Buy -> Underperform | $23.00 -> $18.00 | N/A | |
| 5/5/2016 | Credit Suisse Group | Reiterated Rating | Buy | $25.00 | N/A | |
| 4/27/2016 | Raymond James Financial, Inc. | Downgrade | Outperform -> Market Perform | | N/A | |
| 1/19/2016 | Ladenburg Thalmann Financial Services | Downgrade | Neutral -> Sell | | N/A | |
| 1/8/2016 | BB&T Corporation | Initiated Coverage | Buy | $26.00 | N/A | |
| 11/6/2015 | Compass Point | Lower Price Target | Buy | $36.00 -> $32.00 | N/A | |
| 10/14/2015 | Wells Fargo & Company | Downgrade | Outperform -> Market Perform | | N/A | |
| 8/5/2015 | MLV & Co. | Reiterated Rating | Buy | $35.00 | N/A | |
(Data available from 7/25/2015 forward)
Earnings History for RLJ Lodging Trust (NYSE:RLJ)Earnings History by Quarter for RLJ Lodging Trust (NYSE RLJ)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/8/2017 | Q1 2017 | $0.50 | $0.52 | $263.57 million | $260.20 million | View | Listen | |
| 2/22/2017 | Q416 | $0.20 | $0.60 | $268.79 million | $271.45 million | View | Listen | |
| 11/2/2016 | Q316 | $0.70 | $0.69 | $297.13 million | $296.30 million | View | Listen | |
| 8/3/2016 | Q216 | $0.46 | $0.82 | $318.47 million | $317.11 million | View | Listen | |
| 5/4/2016 | Q116 | $0.19 | $0.57 | $274.25 million | $275.20 million | View | Listen | |
| 2/24/2016 | Q415 | $0.26 | $0.60 | $273.78 million | $275.30 million | View | Listen | |
| 11/4/2015 | Q315 | $0.33 | $0.66 | $289.01 million | $289.40 million | View | Listen | |
| 8/5/2015 | Q215 | $0.43 | $0.74 | $299.15 million | $301.25 million | View | Listen | |
| 5/7/2015 | Q115 | $0.19 | $0.51 | $266.40 million | $270.41 million | View | Listen | |
| 2/25/2015 | Q414 | $0.29 | $0.26 | $278.26 million | $280.11 million | View | Listen | |
| 11/3/2014 | Q314 | $0.33 | $0.66 | $292.30 million | $297.70 million | View | Listen | |
| 8/5/2014 | Q214 | $0.42 | $0.74 | $296.11 million | $295.00 million | View | Listen | |
| 5/7/2014 | Q114 | $0.13 | $0.43 | $232.17 million | $236.40 million | View | Listen | |
| 2/26/2014 | Q413 | $0.22 | $0.51 | $241.37 million | $242.60 million | View | Listen | |
| 11/7/2013 | Q313 | $0.24 | $0.53 | $253.56 million | $252.40 million | View | Listen | |
| 8/7/2013 | Q213 | $0.29 | $0.61 | $256.50 million | $261.60 million | View | Listen | |
| 5/9/2013 | Q113 | $0.37 | $0.41 | $208.11 million | $215.90 million | View | Listen | |
| 2/28/2013 | Q412 | $0.46 | $0.48 | $217.76 million | $222.50 million | View | Listen | |
| 11/7/2012 | Q312 | $0.49 | $0.48 | $225.05 million | $225.20 million | View | N/A | |
| 8/7/2012 | | $0.52 | $0.52 | | | View | N/A | |
| 5/10/2012 | | $0.20 | $0.27 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for RLJ Lodging Trust (NYSE:RLJ)2017 EPS Consensus Estimate: $2.30
2018 EPS Consensus Estimate: $2.36
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.50 | $0.50 | $0.50 |
| Q2 2017 | 1 | $0.67 | $0.67 | $0.67 |
| Q3 2017 | 1 | $0.60 | $0.60 | $0.60 |
| Q4 2017 | 1 | $0.53 | $0.53 | $0.53 |
| Q1 2018 | 1 | $0.49 | $0.49 | $0.49 |
| Q2 2018 | 1 | $0.71 | $0.71 | $0.71 |
| Q3 2018 | 1 | $0.63 | $0.63 | $0.63 |
| Q4 2018 | 1 | $0.53 | $0.53 | $0.53 |
(Data provided by Zacks Investment Research)
Current Dividend Information for RLJ Lodging Trust (NYSE:RLJ)| Most Recent Dividend: | 7/14/2017 |
| Annual Dividend: | $1.32 |
| Dividend Yield: | 6.24% |
| Dividend Growth: | 17.20% (3 Year Average) |
| Payout Ratio: | 83.54% (Trailing 12 Months of Earnings)
57.39% (Based on This Year's Estimates)
56.17% (Based on Next Year's Estimates)
|
| Track Record: | 6 Years of Consecutive Dividend Growth |
Dividend History by Quarter for RLJ Lodging Trust (NYSE RLJ)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/15/2017 | Quarterly | $0.33 | 6.3% | 6/28/2017 | 6/30/2017 | 7/14/2017 |
| 3/15/2017 | quarterly | $0.33 | 5.76% | 3/29/2017 | 3/31/2017 | 4/14/2017 |
| 12/16/2016 | Quarterly | $0.33 | 5.39% | 12/28/2016 | 12/30/2016 | 1/13/2017 |
| 9/15/2016 | Quarterly | $0.33 | 6.2% | 9/28/2016 | 9/30/2016 | 10/14/2016 |
| 6/16/2016 | quarterly | $0.33 | 6.21% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 3/16/2016 | quarterly | $0.33 | 5.83% | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 12/16/2015 | quarterly | $0.33 | 5.81% | 12/29/2015 | 12/31/2015 | 1/15/2016 |
| 9/16/2015 | quarterly | $0.33 | 4.64% | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 6/16/2015 | quarterly | $0.33 | 4.36% | 6/26/2015 | 6/30/2015 | 7/15/2015 |
| 3/16/2015 | quarterly | $0.33 | 4.24% | 3/27/2015 | 3/31/2015 | 4/15/2015 |
| 12/16/2014 | quarterly | $0.30 | 3.64% | 12/29/2014 | 12/31/2014 | 1/15/2015 |
| 8/5/2014 | quarterly | $0.30 | 4.22% | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 6/13/2014 | quarterly | $0.22 | 3.17% | 6/26/2014 | 6/30/2014 | 7/15/2014 |
| 3/14/2014 | quarterly | $0.22 | 3.29% | 3/27/2014 | 3/31/2014 | 4/15/2014 |
| 12/13/2013 | quarterly | $0.21 | 3.51% | 12/27/2013 | 12/31/2013 | 1/15/2014 |
| 12/13/2013 | special | $0.04 | 3.51% | 12/27/2013 | 12/31/2013 | 1/15/2014 |
| 9/13/2013 | quarterly | $0.21 | 3.44% | 9/26/2013 | 9/30/2013 | 10/15/2013 |
| 6/14/2013 | quarterly | $0.21 | 3.49% | 6/26/2013 | 6/28/2013 | 7/15/2013 |
| 3/15/2013 | quarterly | $0.21 | 3.69% | 3/26/2013 | 3/28/2013 | 4/15/2013 |
| 12/14/2012 | quarterly | $0.21 | 4.36% | 12/27/2012 | 12/31/2012 | 1/15/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for RLJ Lodging Trust (NYSE:RLJ)Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 99.37%
Insider Trades by Quarter for RLJ Lodging Trust (NYSE:RLJ)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/12/2016 | Leslie D Hale | CFO | Sell | 5,000 | $25.00 | $125,000.00 | |
| 8/1/2016 | Leslie D Hale | CFO | Sell | 10,000 | $23.62 | $236,200.00 | |
| 5/10/2016 | Leslie D Hale | CFO | Sell | 5,000 | $22.51 | $112,550.00 | |
| 12/8/2014 | Leslie D Hale | CFO | Sell | 4,192 | $33.30 | $139,593.60 | |
| 9/5/2014 | Leslie D Hale | CFO | Sell | 4,985 | $30.00 | $149,550.00 | |
| 12/12/2013 | Forgia Robert La | Director | Buy | 1,500 | $22.70 | $34,050.00 | |
| 9/6/2013 | Leslie D Hale | CFO | Sell | 15,000 | $23.12 | $346,800.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for RLJ Lodging Trust (NYSE:RLJ)
Latest Headlines for RLJ Lodging Trust (NYSE:RLJ)
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RLJ Lodging Trust (RLJ) Chart for Tuesday, July, 25, 2017
