RLJ Lodging Trust (NYSE:RLJ) Issues Earnings Results, Beats Estimates By $0.36 EPS

RLJ Lodging Trust (NYSE:RLJ) issued its quarterly earnings results on Tuesday. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.36, Zacks reports. RLJ Lodging Trust had a net margin of 5.19% and a return on equity of 3.58%. RLJ Lodging Trust updated its FY 2025 guidance to 1.460-1.660 EPS.

RLJ Lodging Trust Trading Down 1.0 %

Shares of RLJ Lodging Trust stock opened at $9.19 on Wednesday. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.74 and a quick ratio of 2.74. The business has a fifty day simple moving average of $9.84 and a two-hundred day simple moving average of $9.63. RLJ Lodging Trust has a 1 year low of $8.74 and a 1 year high of $12.39. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 31.69, a P/E/G ratio of 2.87 and a beta of 1.68.

RLJ Lodging Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date was Tuesday, December 31st. RLJ Lodging Trust’s payout ratio is presently 206.90%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on RLJ shares. StockNews.com raised RLJ Lodging Trust from a “sell” rating to a “hold” rating in a research report on Thursday, February 6th. Oppenheimer boosted their price target on RLJ Lodging Trust from $11.00 to $12.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Finally, Wells Fargo & Company cut their price objective on RLJ Lodging Trust from $10.50 to $9.75 and set an “underweight” rating for the company in a report on Tuesday, February 18th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, RLJ Lodging Trust has a consensus rating of “Hold” and an average price target of $10.79.

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.