NYSE:RLJRLJ Lodging Trust Stock Price, Forecast & News

RLJ Lodging Trust's stock was trading at $9.42 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, RLJ stock has decreased by 8.9% and is now trading at $8.58. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RLJ Lodging Trust in the last year. There are currently 1 sell rating, 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for RLJ Lodging Trust.

RLJ Lodging Trust is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for RLJ Lodging Trust.

RLJ Lodging Trust will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

RLJ Lodging Trust (NYSE:RLJ) released its quarterly earnings results on Tuesday, May, 12th. The real estate investment trust reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.45. The real estate investment trust earned $265.50 million during the quarter, compared to analyst estimates of $261.41 million. RLJ Lodging Trust had a net margin of 4.98% and a return on equity of 2.50%. RLJ Lodging Trust's quarterly revenue was down 33.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share. View RLJ Lodging Trust's earnings history.

RLJ Lodging Trust declared a quarterly dividend on Monday, June 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.01 per share on Wednesday, July 15th. This represents a $0.04 annualized dividend and a yield of 0.47%. The ex-dividend date of this dividend is Monday, June 29th. View RLJ Lodging Trust's dividend history.

8 Wall Street analysts have issued twelve-month price objectives for RLJ Lodging Trust's shares. Their forecasts range from $7.00 to $20.00. On average, they expect RLJ Lodging Trust's stock price to reach $12.09 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price. View analysts' price targets for RLJ Lodging Trust.

Headlines about RLJ stock have been trending neutral on Saturday, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. RLJ Lodging Trust earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about RLJ Lodging Trust.

Some companies that are related to RLJ Lodging Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), HCP (HCP), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other RLJ Lodging Trust investors own include AT&T (T), Blackstone Group (BX), Vereit (VER), Enterprise Products Partners (EPD), AbbVie (ABBV), AGNC Investment (AGNC), Energy Transfer LP Unit (ET), Iron Mountain (IRM), Micron Technology (MU) and ANNALY CAP MGMT/SH (NLY).

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 Spirit of America Management Corp NY (0.01%) and Truehand Inc (0.01%). Company insiders that own RLJ Lodging Trust stock include Forgia Robert M La and Patricia L Gibson. View institutional ownership trends for RLJ Lodging Trust.

RLJ stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. View insider buying and selling activity for RLJ Lodging Trust.

RLJ stock was acquired by a variety of institutional investors in the last quarter, including Truehand Inc. Company insiders that have bought RLJ Lodging Trust stock in the last two years include Forgia Robert M La, and Patricia L Gibson. View insider buying and selling activity for RLJ Lodging Trust.

Shares of RLJ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RLJ stock can currently be purchased for approximately $8.58.

RLJ Lodging Trust has a market capitalization of $1.42 billion and generates $1.57 billion in revenue each year. The real estate investment trust earns $127.84 million in net income (profit) each year or $2.03 on an earnings per share basis. RLJ Lodging Trust employs 84 workers across the globe.

The official website for RLJ Lodging Trust is www.rljlodgingtrust.com.

RLJ Lodging Trust's mailing address is 3 BETHESDA METRO CENTER SUITE 1000, BETHESDA MD, 20814. The real estate investment trust can be reached via phone at 301-280-7777 or via email at [email protected]