Analysts Set RLJ Lodging Trust (NYSE:RLJ) PT at $8.64

Shares of RLJ Lodging Trust (NYSE:RLJ) have earned a consensus rating of “Hold” from the nine brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $8.6429.

Several research firms have recently weighed in on RLJ. Weiss Ratings reaffirmed a “sell (d)” rating on shares of RLJ Lodging Trust in a report on Monday, December 29th. Barclays initiated coverage on RLJ Lodging Trust in a report on Tuesday, January 6th. They issued an “underweight” rating and a $6.00 target price on the stock. Finally, Zacks Research raised RLJ Lodging Trust from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th.

RLJ Lodging Trust Trading Down 2.1%

RLJ stock opened at $7.48 on Friday. RLJ Lodging Trust has a 1-year low of $6.16 and a 1-year high of $8.70. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.21. The business’s 50 day moving average is $7.83 and its 200-day moving average is $7.53. The firm has a market cap of $1.14 billion, a P/E ratio of 373.95 and a beta of 1.07.

RLJ Lodging Trust (NYSE:RLJ) last posted its earnings results on Thursday, February 26th. The real estate investment trust reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. RLJ Lodging Trust had a return on equity of 1.54% and a net margin of 2.11%.The business had revenue of $328.59 million during the quarter, compared to the consensus estimate of $317.95 million. During the same quarter last year, the company earned $0.33 EPS. RLJ Lodging Trust’s revenue was down .4% on a year-over-year basis. RLJ Lodging Trust has set its FY 2026 guidance at 1.210-1.410 EPS. Equities analysts anticipate that RLJ Lodging Trust will post 1.37 earnings per share for the current fiscal year.

RLJ Lodging Trust Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.60 dividend on an annualized basis and a yield of 8.0%. RLJ Lodging Trust’s dividend payout ratio is currently 3,000.00%.

Hedge Funds Weigh In On RLJ Lodging Trust

Large investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its holdings in RLJ Lodging Trust by 2,721.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust’s stock worth $25,000 after buying an additional 3,347 shares in the last quarter. Daytona Street Capital LLC bought a new stake in shares of RLJ Lodging Trust during the fourth quarter worth $28,000. PNC Financial Services Group Inc. lifted its stake in shares of RLJ Lodging Trust by 166.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 4,618 shares of the real estate investment trust’s stock valued at $34,000 after acquiring an additional 2,887 shares during the period. Aster Capital Management DIFC Ltd bought a new position in RLJ Lodging Trust in the third quarter valued at about $36,000. Finally, KBC Group NV increased its position in RLJ Lodging Trust by 55.2% in the second quarter. KBC Group NV now owns 5,258 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 1,870 shares during the period. 92.35% of the stock is currently owned by institutional investors and hedge funds.

About RLJ Lodging Trust

RLJ Lodging Trust is a self-managed, publicly traded real estate investment trust (REIT) that acquires, owns and operates premium-branded, focused-service and compact full-service hotels. The company’s portfolio is concentrated in major U.S. markets, targeting properties that benefit from strong corporate and leisure demand, limited new supply and established brand affiliations.

The trust’s hotels are affiliated with leading global lodging brands across the spectrum of service levels, including lifestyle and upscale segments.