RLJ Lodging Trust (RLJ) – What Are Investment Firms Saying About This Stock?

Shares of RLJ Lodging Trust (NYSE:RLJ) have received a consensus recommendation of “Reduce” from the nine analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $11.69.

RLJ has been the topic of a number of recent analyst reports. Zacks Research downgraded shares of RLJ Lodging Trust from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Oppenheimer reaffirmed an “outperform” rating and set a $13.00 target price (up from $10.00) on shares of RLJ Lodging Trust in a report on Thursday, June 18th. LADENBURG THALM/SH SH raised their price objective on shares of RLJ Lodging Trust from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Weiss Ratings cut RLJ Lodging Trust from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, August 11th. Finally, Truist Financial boosted their price target on shares of RLJ Lodging Trust from $10.00 to $11.00 and gave the company a “hold” rating in a report on Monday, September 21st.

RLJ Lodging Trust Stock Performance

RLJ opened at $11.29 on Tuesday. The business’s 50 day moving average is $11.16 and its 200-day moving average is $10.37. The stock has a market cap of $1.72 billion, a PE ratio of 7.78 and a beta of 1.12. The company has a current ratio of 5.71, a quick ratio of 5.71 and a debt-to-equity ratio of 1.50. RLJ Lodging Trust has a twelve month low of $6.54 and a twelve month high of $12.89.

RLJ Lodging Trust (NYSE:RLJ) last issued its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.37. RLJ Lodging Trust had a return on equity of 1.52% and a net margin of 2.00%. The business had revenue of $382.99 million during the quarter, compared to the consensus estimate of $370.49 million. During the same period in the previous year, the firm posted $0.48 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. RLJ Lodging Trust has set its FY 2026 guidance at 1.370-1.500 EPS. On average, analysts predict that RLJ Lodging Trust will post 1.33 earnings per share for the current year.

RLJ Lodging Trust Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Wednesday, September 30th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Donald Smith & CO. Inc. acquired a new position in RLJ Lodging Trust in the 2nd quarter valued at $145,895,000. Aegis Financial Corp increased its position in shares of RLJ Lodging Trust by 2.5% during the second quarter. Aegis Financial Corp now owns 2,049,425 shares of the real estate investment trust’s stock valued at $24,286,000 after purchasing an additional 50,000 shares during the period. Palisade Capital Management LP bought a new stake in RLJ Lodging Trust in the 2nd quarter valued at $13,440,000. Centersquare Investment Management LLC bought a new stake in RLJ Lodging Trust in the fourth quarter valued at about $13,254,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of RLJ Lodging Trust in the 2nd quarter worth approximately $7,482,000. Institutional investors and hedge funds own 92.35% of the company’s stock.

About RLJ Lodging Trust

RLJ Lodging Trust (NYSE: RLJ) is a real estate investment trust that owns a portfolio of premium-branded, focused-service and compact full-service hotels in the United States. The company’s properties primarily serve business and leisure travelers and are located in urban, suburban and resort-oriented markets.

RLJ’s hotels operate under well-known hospitality brands, including Marriott, Hilton, Hyatt and other major lodging systems. Its properties provide accommodations and related services such as guest rooms, meeting facilities, food and beverage offerings, and other amenities.