RLJ Lodging Trust (NYSE:RLJ) Issues FY 2025 Earnings Guidance

RLJ Lodging Trust (NYSE:RLJGet Free Report) updated its FY 2025 earnings guidance on Tuesday. 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 Stock Up 1.8 %

NYSE:RLJ traded up $0.17 during mid-day trading on Thursday, hitting $9.46. 1,868,049 shares of the company’s stock were exchanged, compared to its average volume of 1,579,751. The company has a market cap of $1.45 billion, a PE ratio of 32.60, a P/E/G ratio of 2.87 and a beta of 1.68. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.74 and a quick ratio of 2.74. RLJ Lodging Trust has a one year low of $8.74 and a one year high of $12.39. The business has a fifty day moving average price of $9.83 and a 200 day moving average price of $9.63.

RLJ Lodging Trust (NYSE:RLJGet Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The real estate investment trust reported $0.33 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.36. RLJ Lodging Trust had a return on equity of 3.58% and a net margin of 5.19%. The company had revenue of $329.99 million for the quarter, compared to the consensus estimate of $324.66 million. Equities analysts predict that RLJ Lodging Trust will post 1.37 EPS for the current year.

RLJ Lodging Trust Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.60 annualized dividend and a dividend yield of 6.35%. RLJ Lodging Trust’s payout ratio is presently 222.22%.

Analysts Set New Price Targets

Several brokerages recently commented on RLJ. StockNews.com raised shares of RLJ Lodging Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Wells Fargo & Company reduced their price target 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, Oppenheimer boosted their price objective on shares of RLJ Lodging Trust from $11.00 to $12.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $10.79.

Read Our Latest Analysis on RLJ

About RLJ Lodging Trust

(Get Free Report)

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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