RLJ Lodging Trust - RLJ Stock Forecast, Price & News

6 Wall Street research 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 research analysts is that investors should "buy" RLJ shares.
View RLJ analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 12 month target prices 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 $15.79 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price.
View analysts price targets for RLJ or view top-rated stocks among Wall Street analysts.

RLJ Lodging Trust's stock was trading at $10.59 on January 1st, 2023. Since then, RLJ stock has increased by 16.1% and is now trading at $12.30.
View the best growth stocks for 2023 here.

RLJ Lodging Trust saw a decline in short interest during the month of December. As of December 30th, there was short interest totaling 7,610,000 shares, a decline 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 presently 4.8 days. Approximately 4.8% of the company's shares 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) announced its quarterly earnings results on Wednesday, May, 4th. The real estate investment trust reported ($0.13) EPS for the quarter, missing the consensus estimate of $0.17 by $0.30. The real estate investment trust earned $242.90 million during the quarter, compared to analysts' expectations 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%. The company's quarterly revenue was up 103.2% compared to the same quarter last year. During the same quarter last 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 1.63%. 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 1.58%.
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 variety of retail and institutional investors. Top institutional shareholders include Fisher Asset Management LLC (2.27%), New York State Common Retirement Fund (0.46%), Asset Management One Co. Ltd. (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Strs Ohio (0.10%) and State of Alaska Department of Revenue (0.05%). 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.
Compare Top Brokerages Here.

One share of RLJ stock can currently be purchased for approximately $12.30.

RLJ Lodging Trust (NYSE:RLJ) has a market capitalization of $1.99 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.