Service Properties Trust (SVC) to Release Quarterly Earnings on Wednesday

Service Properties Trust (NASDAQ:SVC) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Service Properties Trust to post earnings of ($0.32) per share and revenue of $446.64 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Service Properties Trust Price Performance

Shares of NASDAQ:SVC opened at $2.69 on Monday. The business’s 50 day simple moving average is $2.63 and its 200-day simple moving average is $3.46. The firm has a market capitalization of $448.28 million, a price-to-earnings ratio of -1.83 and a beta of 2.19. The company has a debt-to-equity ratio of 4.32, a current ratio of 0.03 and a quick ratio of 0.03. Service Properties Trust has a 12 month low of $2.29 and a 12 month high of $7.73.

Service Properties Trust Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Monday, January 27th were paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend was Monday, January 27th. Service Properties Trust’s dividend payout ratio (DPR) is -2.72%.

Analyst Ratings Changes

Separately, Wells Fargo & Company decreased their price target on Service Properties Trust from $2.75 to $2.50 and set an “underweight” rating on the stock in a research note on Tuesday, February 18th.

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.