RLJ Lodging Trust (NYSE:RLJ – Get Free Report) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.370-1.500 for the period, compared to the consensus earnings per share estimate of 1.260. The company issued revenue guidance of -.
RLJ Lodging Trust Trading Down 2.7%
Shares of RLJ traded down $0.34 during mid-day trading on Thursday, reaching $11.98. The company had a trading volume of 1,758,866 shares, compared to its average volume of 1,713,169. RLJ Lodging Trust has a fifty-two week low of $6.54 and a fifty-two week high of $12.89. The firm has a fifty day simple moving average of $11.49 and a 200-day simple moving average of $9.30. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of -1,198.30 and a beta of 1.09. The company has a current ratio of 2.89, a quick ratio of 2.89 and a debt-to-equity ratio of 1.22.
RLJ Lodging Trust (NYSE:RLJ – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.37. The business had revenue of $382.99 million during the quarter, compared to the consensus estimate of $370.49 million. RLJ Lodging Trust had a return on equity of 1.37% and a net margin of 1.84%.The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.48 EPS. RLJ Lodging Trust has set its FY 2026 guidance at 1.370-1.500 EPS. On average, sell-side analysts anticipate that RLJ Lodging Trust will post 1.26 EPS for the current fiscal year.
RLJ Lodging Trust Dividend Announcement
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on RLJ shares. Oppenheimer restated an “outperform” rating and issued a $13.00 price objective (up from $10.00) on shares of RLJ Lodging Trust in a report on Thursday, June 18th. Bank of America boosted their target price on RLJ Lodging Trust from $9.25 to $10.50 and gave the stock an “underperform” rating in a report on Monday, July 20th. Truist Financial boosted their target price on RLJ Lodging Trust from $7.00 to $10.00 and gave the stock a “hold” rating in a report on Friday, June 12th. LADENBURG THALM/SH SH increased their target price on shares of RLJ Lodging Trust from $9.00 to $12.00 and gave the stock a “neutral” rating in a research report on Thursday, June 18th. Finally, UBS Group set a $13.00 price target on shares of RLJ Lodging Trust in a report on Thursday, June 18th. Two analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $10.83.
View Our Latest Stock Analysis on RLJ Lodging Trust
Hedge Funds Weigh In On RLJ Lodging Trust
A number of institutional investors have recently made changes to their positions in RLJ. Amundi increased its stake in shares of RLJ Lodging Trust by 12.3% in the first quarter. Amundi now owns 90,874 shares of the real estate investment trust’s stock worth $717,000 after buying an additional 9,983 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in RLJ Lodging Trust by 11.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 993,552 shares of the real estate investment trust’s stock valued at $7,839,000 after acquiring an additional 103,065 shares in the last quarter. Norges Bank bought a new position in RLJ Lodging Trust during the 2nd quarter valued at $1,248,000. Invesco Ltd. boosted its stake in RLJ Lodging Trust by 47.5% during the 2nd quarter. Invesco Ltd. now owns 1,634,179 shares of the real estate investment trust’s stock valued at $11,897,000 after acquiring an additional 526,172 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in RLJ Lodging Trust by 2,721.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,470 shares of the real estate investment trust’s stock valued at $25,000 after acquiring an additional 3,347 shares during the last quarter. 92.35% of the stock is owned by institutional investors and hedge funds.
RLJ Lodging Trust Company Profile
RLJ Lodging Trust is a self-managed, publicly traded real estate investment trust (REIT) that acquires, owns and operates premium-branded, focused-service and compact full-service hotels. The company’s portfolio is concentrated in major U.S. markets, targeting properties that benefit from strong corporate and leisure demand, limited new supply and established brand affiliations.
The trust’s hotels are affiliated with leading global lodging brands across the spectrum of service levels, including lifestyle and upscale segments.
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