RLJ Lodging Trust - RLJ Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLJ Lodging Trust in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RLJ shares.
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6 Wall Street analysts have issued 12 month price targets for RLJ Lodging Trust's shares. Their RLJ share price forecasts range from $13.50 to $20.00. On average, they predict the company's stock price to reach $15.79 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price.
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RLJ Lodging Trust's stock was trading at $10.59 at the beginning of 2023. Since then, RLJ shares have increased by 18.7% and is now trading at $12.57.
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RLJ Lodging Trust saw a drop in short interest in December. As of December 30th, there was short interest totaling 7,610,000 shares, a drop of 28.1% from the December 15th total of 10,590,000 shares. Based on an average daily volume of 1,580,000 shares, the short-interest ratio is currently 4.8 days. Currently, 4.8% of the shares of the stock are sold short.
View RLJ Lodging Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our RLJ earnings forecast.

RLJ Lodging Trust will be holding an earnings conference call on Tuesday, February 28th 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 "13735659".

RLJ Lodging Trust (NYSE:RLJ) released its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported ($0.13) EPS for the quarter, missing analysts' consensus estimates of $0.17 by $0.30. The real estate investment trust had revenue of $242.90 million for the quarter, compared to analyst estimates of $239.79 million. RLJ Lodging Trust had a net margin of 0.67% and a trailing twelve-month return on equity of 0.37%. RLJ Lodging Trust's revenue was up 103.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.18) earnings per share.

RLJ Lodging Trust announced a quarterly dividend on Thursday, December 15th. Shareholders of record on Saturday, December 31st will be given a dividend of $0.05 per share on Tuesday, January 17th. This represents a $0.20 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Thursday, December 29th.
Read our dividend analysis for RLJ.

RLJ Lodging Trust (NYSE:RLJ) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.62%.
Read our dividend analysis for RLJ.

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

RLJ Lodging Trust's stock is owned by a number of retail and institutional investors. Top institutional shareholders include New York State Common Retirement Fund (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Strs Ohio (0.10%), State of Alaska Department of Revenue (0.05%), Hemington Wealth Management (0.03%) and Sumitomo Mitsui DS Asset Management Company Ltd (0.01%). Insiders that own company stock include Nathaniel A Davis and Patricia L Gibson.
View institutional ownership trends.

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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One share of RLJ stock can currently be purchased for approximately $12.57.

RLJ Lodging Trust (NYSE:RLJ) has a market capitalization of $2.04 billion and generates $785.66 million in revenue each year. The real estate investment trust earns $-305,170,000.00 in net income (profit) each year or ($0.11) on an earnings per share basis.

RLJ Lodging Trust's mailing address is 3 BETHESDA METRO CENTER SUITE 1000, BETHESDA MD, 20814. The official website for the company is www.rljlodgingtrust.com. The real estate investment trust can be reached via phone at (301) 280-7777, via email at ir@rljlodgingtrust.com, or via fax at 301-280-7750.