NYSE:RLJRLJ Lodging Trust Stock Price, Forecast & News

RLJ Lodging Trust's stock was trading at $9.42 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RLJ shares have increased by 9.4% and is now trading at $10.31. View which stocks have been most impacted by Coronavirus.

7 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 and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for RLJ Lodging Trust.

RLJ Lodging Trust is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for RLJ Lodging Trust.

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

RLJ Lodging Trust declared a quarterly dividend on Wednesday, March 18th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.01 per share on Wednesday, April 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Monday, March 30th. View RLJ Lodging Trust's dividend history.

7 equities research analysts have issued 12 month price targets for RLJ Lodging Trust's shares. Their forecasts range from $7.00 to $21.00. On average, they expect RLJ Lodging Trust's stock price to reach $12.68 in the next twelve months. This suggests a possible upside of 23.0% from the stock's current price. View analysts' price targets for RLJ Lodging Trust.

Media stories about RLJ stock have been trending negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. RLJ Lodging Trust earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutRLJ Lodging Trust.

RLJ Lodging Trust saw a increase in short interest in May. As of May 15th, there was short interest totaling 11,890,000 shares, an increase of 55.0% from the April 30th total of 7,670,000 shares. Based on an average daily volume of 3,060,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 7.3% of the shares of the company are short sold. View RLJ Lodging Trust's Current Options Chain.

Some companies that are related to RLJ Lodging Trust include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), 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 number of retail and institutional investors. Top institutional investors include State Street Corp (4.78%), JPMorgan Chase & Co. (4.61%), Alliancebernstein L.P. (2.37%), Invesco Ltd. (2.06%), Geode Capital Management LLC (1.96%) and Centersquare Investment Management LLC (1.55%). 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 Invesco Ltd., Mackenzie Financial Corp, Healthcare of Ontario Pension Plan Trust Fund, AQR Capital Management LLC, Mutual of America Capital Management LLC, Fisher Asset Management LLC, Schroder Investment Management Group, and Los Angeles Capital Management & Equity Research Inc.. 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 Centersquare Investment Management LLC, State Street Corp, Balyasny Asset Management LLC, Alliancebernstein L.P., JPMorgan Chase & Co., Matarin Capital Management LLC, Federated Hermes Inc., and Parametric Portfolio Associates LLC. 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 $10.31.

RLJ Lodging Trust has a market capitalization of $1.70 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]