Service Properties Trust (NASDAQ:SVC) Receives $12.81 Average PT from Brokerages

Service Properties Trust (NASDAQ:SVC) has received an average recommendation of “Hold” from the six analysts that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $12.8125.

A number of equities research analysts have recently weighed in on SVC shares. B. Riley Financial lifted their price target on Service Properties Trust from $10.00 to $12.50 and gave the company a “buy” rating in a report on Wednesday, June 17th. Weiss Ratings lowered Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. Zacks Research cut Service Properties Trust from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 7th. Odeon Capital Group initiated coverage on Service Properties Trust in a research note on Friday, May 8th. They set a “buy” rating and a $17.50 target price on the stock. Finally, LADENBURG THALM/SH SH began coverage on Service Properties Trust in a research report on Tuesday, June 30th. They set a “buy” rating and a $11.25 price target for the company.

Service Properties Trust Trading Down 0.8%

NASDAQ:SVC opened at $8.46 on Wednesday. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 4.56. The business’s 50 day moving average is $8.50 and its two-hundred day moving average is $9.08. Service Properties Trust has a 52 week low of $5.65 and a 52 week high of $15.20. The company has a market cap of $1.10 billion, a PE ratio of -1.19 and a beta of 1.65.

Service Properties Trust (NASDAQ:SVC) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.82) by $2.02. The company had revenue of $364.45 million for the quarter, compared to the consensus estimate of $347.82 million. Service Properties Trust had a negative net margin of 13.59% and a negative return on equity of 38.18%. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. On average, analysts predict that Service Properties Trust will post 1.25 EPS for the current year.

Service Properties Trust Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, July 20th will be paid a dividend of $0.05 per share. This is an increase from Service Properties Trust’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Monday, July 20th. Service Properties Trust’s dividend payout ratio (DPR) is presently -2.82%.

Hedge Funds Weigh In On Service Properties Trust

A number of institutional investors and hedge funds have recently bought and sold shares of SVC. AQR Capital Management LLC raised its position in shares of Service Properties Trust by 30.8% during the 1st quarter. AQR Capital Management LLC now owns 1,346,098 shares of the real estate investment trust’s stock worth $3,446,000 after buying an additional 317,218 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Service Properties Trust by 114.8% in the first quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock valued at $10,749,000 after acquiring an additional 2,200,754 shares in the last quarter. Strs Ohio acquired a new position in shares of Service Properties Trust during the first quarter valued at approximately $77,000. Cetera Investment Advisers increased its stake in shares of Service Properties Trust by 54.5% during the second quarter. Cetera Investment Advisers now owns 104,585 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 36,873 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in Service Properties Trust by 15.1% during the second quarter. JPMorgan Chase & Co. now owns 955,257 shares of the real estate investment trust’s stock worth $2,283,000 after purchasing an additional 125,256 shares in the last quarter. Institutional investors own 77.62% of the company’s stock.

About Service Properties Trust

Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.