RLJ Lodging Trust (NYSE:RLJ – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.460-1.660 for the period, compared to the consensus estimate of 1.600. The company issued revenue guidance of -.
RLJ Lodging Trust Trading Up 0.7 %
RLJ stock traded up $0.07 during midday trading on Wednesday, reaching $9.25. 1,430,053 shares of the company traded hands, compared to its average volume of 1,537,151. The company has a debt-to-equity ratio of 1.14, a quick ratio of 2.74 and a current ratio of 2.74. RLJ Lodging Trust has a 52-week low of $8.74 and a 52-week high of $12.39. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 31.88, a P/E/G ratio of 2.87 and a beta of 1.68. The business has a 50 day moving average of $9.84 and a 200-day moving average of $9.63.
RLJ Lodging Trust (NYSE:RLJ – Get Free Report) last issued its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.36. RLJ Lodging Trust had a net margin of 5.19% and a return on equity of 3.58%. The firm had revenue of $329.99 million during the quarter, compared to analyst estimates of $324.66 million. As a group, sell-side analysts expect that RLJ Lodging Trust will post 1.37 earnings per share for the current fiscal year.
RLJ Lodging Trust Announces Dividend
Analyst Upgrades and Downgrades
A number of research firms have commented on RLJ. Oppenheimer increased their price target on RLJ Lodging Trust from $11.00 to $12.00 and gave the company an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company decreased their price objective on shares of RLJ Lodging Trust from $10.50 to $9.75 and set an “underweight” rating for the company in a research report on Tuesday, February 18th. Finally, StockNews.com raised shares of RLJ Lodging Trust from a “sell” rating to a “hold” rating in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $10.79.
View Our Latest Research Report on RLJ
RLJ Lodging Trust Company Profile
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 96 hotels with approximately 21,200 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
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