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 announced a quarterly dividend on Thursday, June 15th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.33 per share on Friday, July 14th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date of this dividend is Wednesday, June 28th. View RLJ Lodging Trust's Dividend History.

RLJ Lodging Trust (NYSE:RLJ) announced its quarterly earnings results on Monday, May, 8th. The company reported $0.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.50 by $0.02. The business earned $260.20 million during the quarter, compared to the consensus estimate of $263.57 million. RLJ Lodging Trust had a return on equity of 8.95% and a net margin of 17.19%. The company's revenue was down 5.4% on a year-over-year basis. During the same period last year, the company earned $0.57 earnings per share. View RLJ Lodging Trust's Earnings History.

RLJ Lodging Trust is scheduled to release their next quarterly earnings announcement on Thursday, August, 3rd 2017. View Earnings Estimates for RLJ Lodging Trust.

8 brokerages 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 share price to reach $25.13 in the next year. 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. " (7/12/2017)
• 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), Diamondrock Hospitality Company (DRH), Pebblebrook Hotel Trust (PEB), Xenia Hotels & Resorts (XHR), Summit Hotel Properties (INN), MGM Growth Properties LLC (MGP), 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
• Robert M. La Forgia, Independent Trustee
• Glenda G. McNeal, Independent Trustee

RLJ Lodging Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (2.37%), Sumitomo Mitsui Asset Management Company LTD (0.35%), Russell Investments Group Ltd. (0.32%), Strs Ohio (0.16%), Pensionfund DSM Netherlands (0.06%) and Shell Asset Management Co. (0.06%). 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 Montreal Can, Strs Ohio, State of Alaska Department of Revenue, Meeder Asset Management Inc., Profit Investment Management LLC and Adams Diversified Equity Fund Inc.. View Insider Buying and Selling for RLJ Lodging Trust.

RLJ Lodging Trust's stock was acquired by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Asset Management Company LTD, Fisher Asset Management LLC, Russell Investments Group Ltd., James Investment Research Inc., Bowling Portfolio Management LLC, Forsta AP Fonden, Paragon Capital Management Ltd and Breton Hill Capital Ltd.. 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 $21.00.