RLJ Lodging Trust (NYSE:RLJ) Releases Quarterly Earnings Results

RLJ Lodging Trust (NYSE:RLJGet Free Report) announced its quarterly earnings data on Thursday. The real estate investment trust reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04, Zacks reports. RLJ Lodging Trust had a return on equity of 1.78% and a net margin of 2.48%. RLJ Lodging Trust updated its FY 2026 guidance to 1.210-1.410 EPS.

RLJ Lodging Trust Price Performance

Shares of RLJ Lodging Trust stock traded up $0.36 on Thursday, hitting $8.31. The company’s stock had a trading volume of 3,535,059 shares, compared to its average volume of 1,637,486. The company has a debt-to-equity ratio of 1.21, a quick ratio of 2.55 and a current ratio of 2.55. RLJ Lodging Trust has a 1 year low of $6.16 and a 1 year high of $9.63. The firm has a fifty day moving average price of $7.78 and a 200-day moving average price of $7.49. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of 166.20 and a beta of 1.12.

RLJ Lodging Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were issued a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.60 dividend on an annualized basis and a yield of 7.2%. RLJ Lodging Trust’s payout ratio is presently 1,200.00%.

Analysts Set New Price Targets

RLJ has been the topic of a number of research reports. Zacks Research raised shares of RLJ Lodging Trust from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Raymond James Financial raised shares of RLJ Lodging Trust from a “market perform” rating to a “strong-buy” rating and set a $9.00 price objective on the stock in a report on Wednesday, November 12th. Barclays began coverage on RLJ Lodging Trust in a report on Tuesday, January 6th. They set an “underweight” rating and a $6.00 target price for the company. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of RLJ Lodging Trust in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $8.64.

Check Out Our Latest Report on RLJ

Institutional Trading of RLJ Lodging Trust

A number of institutional investors and hedge funds have recently modified their holdings of the stock. EverSource Wealth Advisors LLC increased its position in shares of RLJ Lodging Trust by 2,721.1% during the second quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust’s stock worth $25,000 after purchasing an additional 3,347 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in 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 worth $34,000 after acquiring an additional 2,887 shares during the last quarter. Danske Bank A S purchased a new stake in RLJ Lodging Trust in the 3rd quarter valued at about $50,000. Los Angeles Capital Management LLC purchased a new stake in shares of RLJ Lodging Trust in the 4th quarter valued at approximately $51,000. Finally, Focus Partners Wealth purchased a new stake in RLJ Lodging Trust in the third quarter valued at approximately $73,000. Hedge funds and other institutional investors own 92.35% of the company’s stock.

About RLJ Lodging Trust

(Get Free Report)

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.

Further Reading

Earnings History for RLJ Lodging Trust (NYSE:RLJ)

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