RLJ Lodging Trust Company Profile (NYSE:RLJ)

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

RLJ Lodging Trust declared a quarterly dividend on Friday, August 18th. Shareholders of record on Wednesday, August 30th will be paid a dividend of $0.22 per share on Friday, September 15th. This represents a $0.88 dividend on an annualized basis and a yield of 4.04%. The ex-dividend date of this dividend is Monday, August 28th. View RLJ Lodging Trust's Dividend History.

RLJ Lodging Trust (NYSE:RLJ) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.68 by $0.03. The business earned $292.28 million during the quarter, compared to the consensus estimate of $293.16 million. RLJ Lodging Trust had a net margin of 16.12% and a return on equity of 8.16%. The business's revenue was down 7.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.82 earnings per share. View RLJ Lodging Trust's Earnings History.

RLJ Lodging Trust is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for RLJ Lodging Trust.

11 brokers have issued 12-month price targets for RLJ Lodging Trust's shares. Their predictions range from $20.00 to $28.00. On average, they anticipate RLJ Lodging Trust's stock price to reach $24.09 in the next twelve months. View Analyst Ratings for RLJ Lodging Trust.

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. " (8/17/2017)
• 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)

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), Pebblebrook Hotel Trust (PEB), Xenia Hotels & Resorts (XHR), Diamondrock Hospitality Company (DRH), MGM Growth Properties LLC (MGP), Summit Hotel Properties (INN), 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).

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
• Patricia L. Gibson, Board of Trustees
• Robert M. La Forgia, Independent Trustee

RLJ Lodging Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (16.11%), BlackRock Inc. (9.83%), Lasalle Investment Management Securities LLC (5.85%), JPMorgan Chase & Co. (4.61%), State Street Corp (3.90%) and Northern Trust Corp (3.29%). Company insiders that own RLJ Lodging Trust stock include Forgia Robert M La, Leslie D Hale and Nathaniel A Davis. View Institutional Ownership Trends for RLJ Lodging Trust.

RLJ Lodging Trust's stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, FMR LLC, Teachers Advisors LLC, TIAA CREF Investment Management LLC, Westpac Banking Corp, Bank of Montreal Can, Ameriprise Financial Inc. and Strs Ohio. Company insiders that have sold RLJ Lodging Trust stock in the last year include Leslie D Hale and Nathaniel A Davis. View Insider Buying and Selling for RLJ Lodging Trust.

RLJ Lodging Trust's stock was bought by a variety of institutional investors in the last quarter, including AJO LP, Citadel Advisors LLC, BlackRock Inc., Duff & Phelps Investment Management Co., UBS Oconnor LLC, Numeric Investors LLC, Alpine Associates Management Inc. and Lasalle Investment Management Securities LLC. View Insider Buying and Selling for RLJ Lodging Trust.

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.

One share of RLJ Lodging Trust stock can currently be purchased for approximately $21.80.