RLJ Lodging Trust Company Profile (NYSE:RLJ)

About RLJ Lodging Trust (NYSE:RLJ)

RLJ Lodging Trust logoRLJ 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: Financials
  • Industry: Hospitality REITs
  • Sub-Industry: Specialized REITs
  • Symbol: NYSE:RLJ
  • CUSIP: 74965L10
  • Web: rljlodgingtrust.com/
  • Market Cap: $2.77446 billion
  • Outstanding Shares: 123,812,000
Average Prices:
  • 50 Day Moving Avg: $21.62
  • 200 Day Moving Avg: $21.11
  • 52 Week Range: $18.92 - $25.10
  • Trailing P/E Ratio: 15.50
  • Foreward P/E Ratio: 9.18
  • P/E Growth: 1.40
Sales & Book Value:
  • Annual Revenue: $1.12 billion
  • Price / Sales: 2.49
  • Book Value: $17.86 per share
  • Price / Book: 1.26
  • Annual Dividend: $0.44
  • Dividend Yield: 2.0%
  • EBITDA: $355.9 million
  • Net Margins: 14.52%
  • Return on Equity: 7.61%
  • Return on Assets: 4.26%
  • Debt-to-Equity Ratio: 0.71%
  • Current Ratio: 4.39%
  • Quick Ratio: 4.39%
  • Average Volume: 2.26 million shs.
  • Beta: 1.17
  • 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 Friday, August 18th. Investors of record on Wednesday, August 30th will be given a dividend of $0.22 per share on Friday, September 15th. This represents a $0.88 annualized dividend and a yield of 3.91%. The ex-dividend date of this dividend is Monday, August 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 results on Thursday, August, 3rd. The company reported $0.71 EPS for the quarter, topping the Zacks' consensus estimate of $0.68 by $0.03. The business had revenue of $292.28 million for the quarter, compared to the consensus estimate of $293.16 million. RLJ Lodging Trust had a return on equity of 7.61% and a net margin of 14.52%. RLJ Lodging Trust's quarterly revenue was down 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.82 earnings per share. View RLJ Lodging Trust's Earnings History.

When will RLJ Lodging Trust make its next earnings announcement?

RLJ Lodging Trust is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for RLJ Lodging Trust.

Where is RLJ Lodging Trust's stock going? Where will RLJ Lodging Trust's stock price be in 2017?

12 brokers have issued 1 year price objectives for RLJ Lodging Trust's stock. Their forecasts range from $20.00 to $28.00. On average, they expect RLJ Lodging Trust's share price to reach $24.00 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. " (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)

Are investors shorting RLJ Lodging Trust?

RLJ Lodging Trust saw a drop in short interest in September. As of September 15th, there was short interest totalling 4,546,555 shares, a drop of 45.4% from the August 31st total of 8,334,180 shares. Based on an average daily trading volume, of 2,381,568 shares, the days-to-cover ratio is presently 1.9 days. Currently, 3.8% of the shares of the company are sold short.

Who are some of RLJ Lodging Trust's key competitors?

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

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 $22.48.

MarketBeat Community Rating for RLJ Lodging Trust (NYSE RLJ)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  258 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  481
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.

Analyst Ratings

Consensus Ratings for RLJ Lodging Trust (NYSE:RLJ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.42)
Consensus Price Target: $24.00 (6.76% upside)
Consensus Price Target History for RLJ Lodging Trust (NYSE:RLJ)
Price Target History for RLJ Lodging Trust (NYSE:RLJ)
Analysts' Ratings History for RLJ Lodging Trust (NYSE:RLJ)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017SunTrust Banks, Inc.Initiated CoverageHold -> Hold$22.00N/AView Rating Details
10/6/2017Barclays PLCInitiated CoverageEqual Weight -> Equal Weight$24.00N/AView Rating Details
9/21/2017Robert W. BairdReiterated RatingHold$23.00LowView Rating Details
9/19/2017Deutsche Bank AGInitiated CoverageHold -> Hold$22.00LowView Rating Details
9/8/2017Canaccord GenuityUpgradeHold -> Buy$21.00 -> $23.00HighView Rating Details
9/5/2017Wells Fargo & CompanyUpgradeMarket Perform -> Outperform$23.00LowView Rating Details
8/14/2017Bank of America CorporationInitiated CoverageNeutral -> Neutral$22.00LowView Rating Details
8/7/2017Boenning ScattergoodSet Price TargetSell$20.00LowView Rating Details
8/4/2017Royal Bank Of CanadaReiterated RatingBuy$25.00HighView Rating Details
6/5/2017Janney Montgomery ScottReiterated RatingBuy$26.00 -> $28.00LowView Rating Details
12/14/2016NomuraInitiated CoverageBuy$28.00N/AView Rating Details
12/14/2016InstinetInitiated CoverageBuy$28.00N/AView Rating Details
5/5/2016Credit Suisse GroupReiterated RatingBuy$25.00N/AView Rating Details
4/27/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
1/19/2016Ladenburg Thalmann Financial ServicesDowngradeNeutral -> SellN/AView Rating Details
1/8/2016BB&T CorporationInitiated CoverageBuy$26.00N/AView Rating Details
11/6/2015Compass PointLower Price TargetBuy$36.00 -> $32.00N/AView Rating Details
(Data available from 10/19/2015 forward)


Earnings History for RLJ Lodging Trust (NYSE:RLJ)
Earnings by Quarter for RLJ Lodging Trust (NYSE:RLJ)
Earnings History by Quarter for RLJ Lodging Trust (NYSE RLJ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.25N/AView Earnings Details
8/3/2017Q2 2017$0.68$0.71$293.16 million$292.28 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.50$0.52$263.57 million$260.20 millionViewListenView Earnings Details
2/22/2017Q416$0.20$0.60$268.79 million$271.45 millionViewListenView Earnings Details
11/2/2016Q316$0.70$0.69$297.13 million$296.30 millionViewListenView Earnings Details
8/3/2016Q216$0.46$0.82$318.47 million$317.11 millionViewListenView Earnings Details
5/4/2016Q116$0.19$0.57$274.25 million$275.20 millionViewListenView Earnings Details
2/24/2016Q415$0.26$0.60$273.78 million$275.30 millionViewListenView Earnings Details
11/4/2015Q315$0.33$0.66$289.01 million$289.40 millionViewListenView Earnings Details
8/5/2015Q215$0.43$0.74$299.15 million$301.25 millionViewListenView Earnings Details
5/7/2015Q115$0.19$0.51$266.40 million$270.41 millionViewListenView Earnings Details
2/25/2015Q414$0.29$0.26$278.26 million$280.11 millionViewListenView Earnings Details
11/3/2014Q314$0.33$0.66$292.30 million$297.70 millionViewListenView Earnings Details
8/5/2014Q214$0.42$0.74$296.11 million$295.00 millionViewListenView Earnings Details
5/7/2014Q114$0.13$0.43$232.17 million$236.40 millionViewListenView Earnings Details
2/26/2014Q413$0.22$0.51$241.37 million$242.60 millionViewListenView Earnings Details
11/7/2013Q313$0.24$0.53$253.56 million$252.40 millionViewListenView Earnings Details
8/7/2013Q213$0.29$0.61$256.50 million$261.60 millionViewListenView Earnings Details
5/9/2013Q113$0.37$0.41$208.11 million$215.90 millionViewListenView Earnings Details
2/28/2013Q412$0.46$0.48$217.76 million$222.50 millionViewListenView Earnings Details
11/7/2012Q312$0.49$0.48$225.05 million$225.20 millionViewN/AView Earnings Details
8/7/2012$0.52$0.52ViewN/AView Earnings Details
5/10/2012$0.20$0.27ViewN/AView Earnings Details
(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
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.50$0.50$0.50
Q2 20171$0.67$0.67$0.67
Q3 20171$0.60$0.60$0.60
Q4 20171$0.53$0.53$0.53
Q1 20181$0.49$0.49$0.49
Q2 20181$0.71$0.71$0.71
Q3 20181$0.63$0.63$0.63
Q4 20181$0.53$0.53$0.53
(Data provided by Zacks Investment Research)


Current Dividend Information for RLJ Lodging Trust (NYSE:RLJ)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.44
Dividend Yield:1.96%
Dividend Growth:17.20% (3 Year Average)
Payout Ratio:30.34% (Trailing 12 Months of Earnings)
19.38% (Based on This Year's Estimates)
17.96% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for RLJ Lodging Trust (NYSE:RLJ)

Dividend History by Quarter for RLJ Lodging Trust (NYSE RLJ)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for RLJ Lodging Trust (NYSE:RLJ)
Insider Ownership Percentage: 2.30%
Institutional Ownership Percentage: 99.24%
Insider Trades by Quarter for RLJ Lodging Trust (NYSE:RLJ)
Institutional Ownership by Quarter for RLJ Lodging Trust (NYSE:RLJ)
Insider Trades by Quarter for RLJ Lodging Trust (NYSE:RLJ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/5/2017Nathaniel A DavisDirectorSell10,000$20.11$201,100.00View SEC Filing  
8/16/2017Forgia Robert M LaDirectorBuy5,000$19.73$98,650.00View SEC Filing  
12/12/2016Leslie D HaleCFOSell5,000$25.00$125,000.00View SEC Filing  
8/1/2016Leslie D HaleCFOSell10,000$23.62$236,200.00View SEC Filing  
5/10/2016Leslie D HaleCFOSell5,000$22.51$112,550.00View SEC Filing  
12/8/2014Leslie D HaleCFOSell4,192$33.30$139,593.60View SEC Filing  
9/5/2014Leslie D HaleCFOSell4,985$30.00$149,550.00View SEC Filing  
12/12/2013Forgia Robert LaDirectorBuy1,500$22.70$34,050.00View SEC Filing  
9/6/2013Leslie D HaleCFOSell15,000$23.12$346,800.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for RLJ Lodging Trust (NYSE:RLJ)
Latest Headlines for RLJ Lodging Trust (NYSE:RLJ)
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Now Covered by SunTrust Banks, Inc.
www.americanbankingnews.com - October 19 at 8:19 AM
nasdaq.com logoMutual Of America Capital Management Corp Buys iShares MSCI EAFE Growth, iShares MSCI EAFE ...
www.nasdaq.com - October 19 at 8:13 AM
finance.yahoo.com logoRLJ Lodging Trust Sets Dates for Third Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - October 18 at 8:23 AM
finance.yahoo.com logoRLJ Lodging Trust Sets Dates for Third Quarter 2017 Earnings Release and Conference Call
finance.yahoo.com - October 18 at 8:23 AM
finance.yahoo.com logoRLJ Lodging Trust : RLJ-US: Dividend Analysis : September 29th, 2017 (record date) : By the numbers : October 12, 2017
finance.yahoo.com - October 14 at 7:23 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Research Coverage Started at Barclays PLC
www.americanbankingnews.com - October 7 at 3:36 PM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - October 7 at 7:36 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) & Hersha Hospitality Trust (HT) Financial Comparison
www.americanbankingnews.com - October 5 at 8:26 PM
americanbankingnews.com logo Analysts Anticipate RLJ Lodging Trust (RLJ) Will Announce Earnings of $0.61 Per Share
www.americanbankingnews.com - October 5 at 9:22 AM
americanbankingnews.com logoShort Interest in RLJ Lodging Trust (RLJ) Declines By 45.4%
www.americanbankingnews.com - October 2 at 3:46 AM
americanbankingnews.com logoHead to Head Survey: RLJ Lodging Trust (RLJ) vs. FelCor Lodging Trust (FCH)
www.americanbankingnews.com - September 30 at 8:18 PM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) versus Its Competitors Head to Head Analysis
www.americanbankingnews.com - September 29 at 2:30 AM
americanbankingnews.com logoContrasting RLJ Lodging Trust (RLJ) and Its Competitors
www.americanbankingnews.com - September 25 at 4:10 PM
americanbankingnews.com logoHospitality Properties Trust (HPT) and RLJ Lodging Trust (RLJ) Head-To-Head Contrast
www.americanbankingnews.com - September 25 at 2:18 PM
americanbankingnews.com logoAshford Hospitality Trust (AHT) & RLJ Lodging Trust (RLJ) Critical Comparison
www.americanbankingnews.com - September 25 at 10:28 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Receives New Coverage from Analysts at Deutsche Bank AG
www.americanbankingnews.com - September 24 at 1:00 PM
finance.yahoo.com logoRLJ Lodging Trust : RLJ-US: Dividend Analysis : August 30th, 2017 (record date) : By the numbers : September 22, 2017
finance.yahoo.com - September 22 at 4:45 PM
americanbankingnews.com logoRLJ Lodging Trust's (RLJ) "Hold" Rating Reiterated at Robert W. Baird
www.americanbankingnews.com - September 21 at 9:32 PM
reuters.com logoBRIEF-RLJ Lodging Trust posts change of control offer for Felcor’s 5.625 pct Senior Secured Notes
www.reuters.com - September 20 at 8:24 AM
americanbankingnews.com logo$277.25 Million in Sales Expected for RLJ Lodging Trust (RLJ) This Quarter
www.americanbankingnews.com - September 18 at 6:56 AM
finance.yahoo.com logoRLJ Lodging Trust Names Thomas J. Bardenett Executive Vice President of Asset Management
finance.yahoo.com - September 16 at 8:09 AM
finance.yahoo.com logoRLJ Lodging Trust Announces Preferred Dividend for Third Quarter of 2017
finance.yahoo.com - September 16 at 8:09 AM
reuters.com logoBRIEF-RLJ Lodging Trust provides hurricane update
www.reuters.com - September 15 at 8:15 AM
finance.yahoo.com logoRLJ Lodging Trust Provides Hurricane Update
finance.yahoo.com - September 13 at 3:45 PM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) versus Its Competitors Critical Analysis
www.americanbankingnews.com - September 13 at 10:16 AM
streetinsider.com logoForm 3 RLJ Lodging Trust For: Aug 31 Filed by: Gibson Patricia L
www.streetinsider.com - September 12 at 9:17 AM
finance.yahoo.com logoForest City to weigh sale, merger to 'enhance shareholder value'
finance.yahoo.com - September 12 at 9:17 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 12 at 6:56 AM
finance.yahoo.com logoRLJ Lodging Stock Valuation May Be Too Attractive To Ignore
finance.yahoo.com - September 9 at 7:57 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Upgraded by Canaccord Genuity to "Buy"
www.americanbankingnews.com - September 8 at 7:26 PM
streetinsider.com logoUPDATE: Canaccord Genuity Upgrades RLJ Lodging Trust (RLj) to Buy
www.streetinsider.com - September 8 at 7:44 AM
reuters.com logoBRIEF-RLJ Lodging Trust issues statement in response to Land & Buildings
www.reuters.com - September 8 at 7:44 AM
finance.yahoo.com logoRLJ Lodging Trust Issues Statement in Response to Land & Buildings
finance.yahoo.com - September 8 at 7:44 AM
americanbankingnews.com logoInsider Selling: RLJ Lodging Trust (RLJ) Director Sells 10,000 Shares of Stock
www.americanbankingnews.com - September 7 at 8:08 PM
reuters.com logoBRIEF-Land and Buildings issues open letter to RLJ Lodging Trust shareholders
www.reuters.com - September 7 at 8:25 AM
News IconUPDATE 1-Activist investor urges RLJ Lodging to consider selling itself
www.businessinsider.com - September 7 at 8:24 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) & Chesapeake Lodging Trust (CHSP) Financial Comparison
www.americanbankingnews.com - September 6 at 6:20 AM
streetinsider.com logoRLJ Lodging Trust (RLJ) Appoints Patricia Gibson to Board
www.streetinsider.com - September 5 at 10:11 PM
reuters.com logoBRIEF-RLJ Lodging Trust expands board of trustees with appointment of Patricia Gibson
www.reuters.com - September 5 at 10:11 PM
finance.yahoo.com logoRLJ Lodging Trust breached its 50 day moving average in a Bullish Manner : RLJ-US : September 5, 2017
finance.yahoo.com - September 5 at 5:09 PM
finance.yahoo.com logoRLJ Lodging Trust Completes Merger with FelCor Lodging Trust
finance.yahoo.com - September 2 at 8:07 AM
seekingalpha.com logoBuy The FelCor Prefs On The Upcoming Merger With RLJ
seekingalpha.com - September 1 at 8:08 AM
nasdaq.com logoEx-Dividend Reminder: Loews, Sun Life Financial and RLJ Lodging Trust
www.nasdaq.com - August 24 at 12:02 PM
americanbankingnews.com logoHead-To-Head Survey: Sotherly Hotels (SOHO) & RLJ Lodging Trust (RLJ)
www.americanbankingnews.com - August 22 at 4:16 PM
nasdaq.com logoRLJ Lodging Trust Named Top Dividend Stock With Insider Buying and 4.49% Yield (RLJ)
www.nasdaq.com - August 22 at 6:17 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about RLJ Lodging Trust.
finance.yahoo.com - August 19 at 7:01 AM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Director Acquires $98,650.00 in Stock
www.americanbankingnews.com - August 18 at 8:32 PM
americanbankingnews.com logoRLJ Lodging Trust (RLJ) Declares $0.11 Quarterly Dividend
www.americanbankingnews.com - August 18 at 5:22 PM
americanbankingnews.com logoRLJ Lodging Trust Declares Quarterly Dividend of $0.22 (RLJ)
www.americanbankingnews.com - August 18 at 5:22 PM
americanbankingnews.com logoCritical Survey: RLJ Lodging Trust (RLJ) versus Park Hotels & Resorts (PK)
www.americanbankingnews.com - August 18 at 10:46 AM



RLJ Lodging Trust (RLJ) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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