Service Properties Trust (SVC) to Issue Quarterly Dividend of $0.05 on August 13th

Service Properties Trust (NASDAQ:SVC) announced a quarterly dividend on Thursday, July 9th. Stockholders of record on Monday, July 20th will be paid a dividend of 0.05 per share by the real estate investment trust on Thursday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Monday, July 20th. This is a 0.0% increase from Service Properties Trust’s previous quarterly dividend of $0.05.

Service Properties Trust has decreased its dividend payment by an average of 0.4%per year over the last three years. Service Properties Trust has a payout ratio of -17.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities analysts expect Service Properties Trust to earn $1.42 per share next year, which means the company should continue to be able to cover its $0.20 annual dividend with an expected future payout ratio of 14.1%.

Service Properties Trust Stock Performance

NASDAQ SVC opened at $8.60 on Friday. The company has a debt-to-equity ratio of 4.56, a current ratio of 0.01 and a quick ratio of 0.01. The company has a market cap of $1.11 billion, a P/E ratio of -1.21 and a beta of 1.65. The stock has a 50-day moving average of $8.46 and a two-hundred day moving average of $9.09. Service Properties Trust has a 1-year low of $5.65 and a 1-year high of $15.38.

Service Properties Trust (NASDAQ:SVC) last released its 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 analyst estimates 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. As a group, analysts anticipate that Service Properties Trust will post 1.25 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on SVC. Weiss Ratings downgraded Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th. Odeon Capital Group started coverage on Service Properties Trust in a research note on Friday, May 8th. They set a “buy” rating and a $17.50 target price for the company. LADENBURG THALM/SH SH started coverage on Service Properties Trust in a report on Tuesday, June 30th. They set a “buy” rating and a $11.25 price objective on the stock. Wall Street Zen lowered shares of Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, B. Riley Financial boosted their price target on Service Properties Trust from $10.00 to $12.50 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Service Properties Trust currently has a consensus rating of “Hold” and a consensus price target of $12.81.

Service Properties Trust Company Profile

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.