NYSE:RLJRLJ Lodging Trust Stock Price, Forecast & News

RLJ Lodging Trust's stock was trading at $9.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RLJ stock has decreased by 10.1% and is now trading at $8.47. 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 Thursday, August 6th 2020. View our earnings forecast for RLJ Lodging Trust.

RLJ Lodging Trust will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

RLJ Lodging Trust (NYSE:RLJ) announced its quarterly earnings results on Tuesday, May, 12th. The real estate investment trust reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of $0.24 by $0.45. The real estate investment trust had revenue of $265.50 million for 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%. The company's revenue was down 33.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.48 EPS. View RLJ Lodging Trust's earnings history.

RLJ Lodging Trust announced a quarterly dividend on Monday, June 15th. Shareholders 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 dividend yield of 0.47%. The ex-dividend date of this dividend is Monday, June 29th. View RLJ Lodging Trust's dividend history.

8 brokers have issued 12 month target prices for RLJ Lodging Trust's shares. Their forecasts range from $7.00 to $20.00. On average, they anticipate RLJ Lodging Trust's share price to reach $12.09 in the next year. This suggests a possible upside of 42.8% from the stock's current price. View analysts' price targets for RLJ Lodging Trust.

News articles about RLJ stock have trended negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. RLJ Lodging Trust earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. 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."

RLJ Lodging Trust's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Truehand Inc (0.01%). Company insiders that own RLJ Lodging Trust stock include Forgia Robert M La and Patricia L Gibson. View institutional ownership trends for RLJ Lodging Trust.

RLJ stock was purchased by a variety of institutional investors in the last quarter, including Truehand Inc. Company insiders that have bought RLJ Lodging Trust stock in the last two years include Forgia Robert M La, and Patricia L Gibson. View insider buying and selling activity for RLJ Lodging Trust.

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 $8.47.

RLJ Lodging Trust has a market capitalization of $1.40 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]