Headlines about RLJ Lodging Trust (NYSE:RLJ) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. RLJ Lodging Trust earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 46.448584273684 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern’s rankings:
- Analysts Expect RLJ Lodging Trust (RLJ) Will Post Quarterly Sales of $417.48 Million (americanbankingnews.com)
- Leslie Hale Latest Black Woman CEO of $ 1.2 Billion Company (blackenterprise.com)
- Brokerages Anticipate RLJ Lodging Trust (RLJ) to Announce $0.45 EPS (americanbankingnews.com)
- RLJ’s next CEO: Staying on course critical for growth (hotelnewsnow.com)
- RLJ’s new CEO: ‘When you invest in people it can pay dividends’ (hotelsmag.com)
Shares of RLJ stock opened at $20.55 on Thursday. RLJ Lodging Trust has a 52 week low of $18.67 and a 52 week high of $23.98. The company has a market capitalization of $3,545.90, a PE ratio of 8.56, a P/E/G ratio of 1.70 and a beta of 1.15. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.06 and a quick ratio of 3.06.
RLJ Lodging Trust (NYSE:RLJ) last announced its quarterly earnings results on Tuesday, February 27th. The real estate investment trust reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.08. RLJ Lodging Trust had a net margin of 5.52% and a return on equity of 2.77%. The firm had revenue of $462.49 million during the quarter, compared to analyst estimates of $442.14 million. equities research analysts anticipate that RLJ Lodging Trust will post 2.38 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, April 13th. Stockholders of record on Thursday, March 29th were paid a $0.33 dividend. The ex-dividend date was Wednesday, March 28th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.42%. RLJ Lodging Trust’s dividend payout ratio is presently 55.00%.
RLJ has been the subject of several recent analyst reports. Zacks Investment Research raised shares of RLJ Lodging Trust from a “sell” rating to a “hold” rating in a report on Tuesday, March 20th. Robert W. Baird reaffirmed a “hold” rating on shares of RLJ Lodging Trust in a report on Thursday, December 21st. Deutsche Bank lifted their target price on shares of RLJ Lodging Trust from $22.00 to $23.00 and gave the stock a “hold” rating in a report on Friday, February 9th. ValuEngine cut shares of RLJ Lodging Trust from a “buy” rating to a “hold” rating in a report on Wednesday, February 28th. Finally, Boenning Scattergood set a $20.00 target price on shares of RLJ Lodging Trust and gave the stock a “sell” rating in a report on Thursday, March 1st. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $23.27.
About RLJ Lodging Trust
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. The Company's portfolio consists of 156 hotels with approximately 30,570 rooms, located in 26 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
Receive News & Ratings for RLJ Lodging Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RLJ Lodging Trust and related companies with MarketBeat.com's FREE daily email newsletter.