Service Properties Trust (SVC) Projected to Post Quarterly Earnings on Wednesday

Service Properties Trust (NASDAQ:SVC) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.32) per share and revenue of $443.61 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Service Properties Trust Stock Performance

SVC opened at $2.62 on Wednesday. Service Properties Trust has a twelve month low of $2.29 and a twelve month high of $7.73. The company has a 50-day simple moving average of $2.63 and a 200 day simple moving average of $3.52. The company has a quick ratio of 0.03, a current ratio of 0.03 and a debt-to-equity ratio of 4.32. The stock has a market capitalization of $436.62 million, a price-to-earnings ratio of -1.78 and a beta of 2.19.

Service Properties Trust Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Monday, January 27th will be given a dividend of $0.01 per share. The ex-dividend date is Monday, January 27th. This represents a $0.04 annualized dividend and a yield of 1.53%. Service Properties Trust’s dividend payout ratio is -2.72%.

Analyst Upgrades and Downgrades

Separately, Wells Fargo & Company cut their price objective on shares of Service Properties Trust from $2.75 to $2.50 and set an “underweight” rating for the company in a research report on Tuesday.

Service Properties Trust Company Profile

Service Properties Trust (Nasdaq: SVC) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of December 31, 2023, SVC owned 221 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majority of which are extended stay and select service.