RLJ Lodging Trust - RLJ Stock Forecast, Price & News

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 "buy" RLJ shares.
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5 equities research analysts have issued 12 month price objectives for RLJ Lodging Trust's shares. Their RLJ share price forecasts range from $13.50 to $20.00. On average, they anticipate the company's stock price to reach $16.58 in the next twelve months. This suggests a possible upside of 61.9% from the stock's current price.
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RLJ Lodging Trust's stock was trading at $13.93 at the beginning of the year. Since then, RLJ shares have decreased by 26.5% and is now trading at $10.24.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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RLJ Lodging Trust will be holding an earnings conference call on Thursday, November 3rd at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13733001".

RLJ Lodging Trust (NYSE:RLJ) released its quarterly earnings data on Wednesday, May, 4th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by $0.30. The real estate investment trust earned $242.90 million during the quarter, compared to analyst estimates of $239.79 million. RLJ Lodging Trust had a negative net margin of 15.12% and a negative trailing twelve-month return on equity of 7.70%. The business's revenue was up 103.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.18) EPS.

RLJ Lodging Trust declared a quarterly dividend on Thursday, August 4th. Shareholders of record on Friday, September 30th will be given a dividend of $0.05 per share on Monday, October 17th. This represents a $0.20 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Thursday, September 29th. This is a boost from the stock's previous quarterly dividend of $0.01.
Read our dividend analysis for RLJ.

RLJ Lodging Trust (NYSE:RLJ) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.38%.
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 State Street Corp (4.92%), JPMorgan Chase & Co. (2.84%), Allianz Asset Management GmbH (1.76%), Northern Trust Corp (1.17%), Clearbridge Investments LLC (0.90%) and Legal & General Group Plc (0.60%).
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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 $10.24.

RLJ Lodging Trust (NYSE:RLJ) has a market capitalization of $1.67 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 ($1.12) 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.