RLJ Lodging Trust (RLJ) Projected to Post Earnings on Monday

RLJ Lodging Trust (NYSE:RLJ) will likely be announcing its Q1 2025 earnings results before the market opens on Monday, May 5th. Analysts expect RLJ Lodging Trust to post earnings of $0.31 per share and revenue of $328.08 million for the quarter. RLJ Lodging Trust has set its FY 2025 guidance at 1.460-1.660 EPS.

RLJ Lodging Trust (NYSE:RLJ) last issued its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.36. RLJ Lodging Trust had a net margin of 5.19% and a return on equity of 3.58%. The business had revenue of $329.99 million for the quarter, compared to analysts’ expectations of $324.66 million. On average, analysts expect RLJ Lodging Trust to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

RLJ Lodging Trust Price Performance

RLJ Lodging Trust stock opened at $7.27 on Friday. The business has a fifty day moving average price of $7.90 and a 200-day moving average price of $9.14. The firm has a market capitalization of $1.10 billion, a P/E ratio of 25.07, a PEG ratio of 2.87 and a beta of 1.51. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.74 and a quick ratio of 2.74. RLJ Lodging Trust has a one year low of $6.16 and a one year high of $10.98.

RLJ Lodging Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.25%. The ex-dividend date was Monday, March 31st. RLJ Lodging Trust’s payout ratio is 222.22%.

Analysts Set New Price Targets

RLJ has been the subject of a number of recent analyst reports. Wells Fargo & Company reduced their price target on shares of RLJ Lodging Trust from $10.50 to $9.75 and set an “underweight” rating for the company in a research report on Tuesday, February 18th. Truist Financial lowered shares of RLJ Lodging Trust from a “buy” rating to a “hold” rating and decreased their price target for the stock from $11.00 to $10.00 in a report on Friday, March 21st. StockNews.com downgraded shares of RLJ Lodging Trust from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, KeyCorp lowered their price target on RLJ Lodging Trust from $14.00 to $12.00 and set an “overweight” rating on the stock in a research report on Monday, March 24th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $10.82.

Insider Buying and Selling at RLJ Lodging Trust

In other RLJ Lodging Trust news, Director Patricia L. Gibson bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average cost of $8.03 per share, with a total value of $80,300.00. Following the completion of the purchase, the director now directly owns 124,217 shares of the company’s stock, valued at $997,462.51. This trade represents a 8.76 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 2.60% of the stock is currently owned by corporate insiders.

About RLJ Lodging Trust

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 96 hotels with approximately 21,200 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.