RLJ Lodging TrustRLJ
RLJ
About: RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.
Employees: 79
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
12% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 25
1% more funds holding
Funds holding: 200 [Q2] → 202 (+2) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
2.4% less ownership
Funds ownership: 93.96% [Q2] → 91.57% (-2.4%) [Q3]
7% less capital invested
Capital invested by funds: $1.41B [Q2] → $1.31B (-$99.7M) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 80
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$10.50
9%
upside
Avg. target
$11.25
17%
upside
High target
$12
24%
upside
2 analyst ratings
1 positive
50%
0 neutral
0%
1 negative
50%
Wells Fargo Dori Kesten 43% 1-year accuracy 12 / 28 met price target | 9%upside $10.50 | Underweight Maintained | 9 Dec 2024 |
Oppenheimer Tyler Batory 35% 1-year accuracy 13 / 37 met price target | 24%upside $12 | Outperform Maintained | 12 Nov 2024 |
Financial journalist opinion
Based on 5 articles about RLJ published over the past 30 days
Positive
Zacks Investment Research
1 day ago
Should Value Investors Buy RLJ Lodging Trust (RLJ) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Business Wire
5 days ago
RLJ Lodging Trust Announces Tax Treatment of 2024 Dividends
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2024 tax classification of the dividend distributions made to the Company's holders of its common shares of beneficial interest and Series A Preferred Shares during the year ended December 31, 2024. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Common Stock (CUSIP # 74965L101): RecordDate Payment Date Total DistributionPer Share Total DistributionAllocable.
Neutral
Seeking Alpha
1 week ago
The State Of REITs: January 2025 Edition
The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperformed large caps (-7.43%) and micro caps (-8.63%) in December. Only 9.68% of REIT securities had a positive total return in December. 55.63% had a positive total return for all of 2024.
Positive
MarketBeat
2 weeks ago
3 REITs With Big Dividend Growth and Sustainable Payouts
When it comes to earning investment income, one of the most relevant investment vehicles is Real Estate Investment Trusts (REITs). REITs must distribute at least 90% of their taxable earnings out as dividends.
Neutral
Business Wire
3 weeks ago
RLJ Lodging Trust Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call Dates
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2024, after the markets close on February 25, 2025. The Company will also host a conference call on February 26, 2025 at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for in.
Positive
Seeking Alpha
1 month ago
RLJ Lodging Trust: Preferred Shares Offer A Yield Close To 8%
RLJ Lodging Trust's preferred shares offer a 7.8% yield and are unlikely to be called due to the common stock trading below $10. The REIT's financials are strong, with AFFO covering preferred dividends by a wide margin, ensuring a safety cushion for investors. With $2B in common equity ranking junior to preferred shares, there's a significant buffer against potential losses.
Positive
Zacks Investment Research
1 month ago
What Makes RLJ Lodging (RLJ) a New Buy Stock
RLJ Lodging (RLJ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
1 month ago
RLJ vs. NHI: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of RLJ Lodging (RLJ) and National Health Investors (NHI). But which of these two stocks presents investors with the better value opportunity right now?
Positive
Zacks Investment Research
1 month ago
Are Investors Undervaluing RLJ Lodging Trust (RLJ) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
Business Wire
1 month ago
RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2024
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on January 31, 2025, to shareholders of record as of.
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