RLJ Lodging Trust - RLJ Stock Forecast, Price & News

6 Wall Street equities 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 equities research analysts is that investors should "buy" RLJ shares.
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6 brokers have issued 12 month target prices for RLJ Lodging Trust's stock. Their RLJ share price forecasts range from $13.50 to $20.00. On average, they predict the company's stock price to reach $15.79 in the next year. This suggests a possible upside of 24.4% from the stock's current price.
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RLJ Lodging Trust's stock was trading at $10.59 at the beginning of the year. Since then, RLJ stock has increased by 19.8% and is now trading at $12.69.
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RLJ Lodging Trust saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 7,610,000 shares, a decrease 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 days-to-cover ratio is presently 4.8 days. Currently, 4.8% of the shares of the stock are short sold.
View RLJ Lodging Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
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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) issued its 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 had revenue of $242.90 million for the quarter, compared to the consensus estimate of $239.79 million. RLJ Lodging Trust had a trailing twelve-month return on equity of 0.37% and a net margin of 0.67%. The business's quarterly revenue was up 103.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.18) earnings per share.

RLJ Lodging Trust declared a quarterly dividend on Thursday, December 15th. Investors of record on Saturday, December 31st will be paid 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 1.58%. 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 1.56%.
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 institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (2.27%), New York State Common Retirement Fund (0.46%), Sumitomo Mitsui Trust Holdings Inc. (0.11%), Strs Ohio (0.10%), State of Alaska Department of Revenue (0.05%) and Zurcher Kantonalbank Zurich Cantonalbank (0.03%). Insiders that own company stock include Nathaniel A Davis and Patricia L Gibson.
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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 $12.69.

RLJ Lodging Trust (NYSE:RLJ) has a market capitalization of $2.06 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.