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

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

RLJ Lodging Trust Price Performance

NYSE RLJ traded down $0.09 during trading on Tuesday, hitting $9.19. 2,416,701 shares of the company’s stock were exchanged, compared to its average volume of 1,541,672. The stock’s 50 day moving average price is $9.87 and its two-hundred day moving average price is $9.63. The company has a market cap of $1.41 billion, a PE ratio of 31.69, a P/E/G ratio of 2.87 and a beta of 1.68. The company has a current ratio of 2.74, a quick ratio of 2.74 and a debt-to-equity ratio of 1.14. RLJ Lodging Trust has a fifty-two week low of $8.74 and a fifty-two week high of $12.39.

RLJ Lodging Trust Dividend Announcement

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

Analyst Ratings Changes

Several analysts have issued reports on the stock. Truist Financial lowered their price objective on shares of RLJ Lodging Trust from $14.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, October 28th. StockNews.com raised shares of RLJ Lodging Trust from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Wells Fargo & Company lowered their price target on RLJ Lodging Trust from $10.50 to $9.75 and set an “underweight” rating on the stock in a research report on Tuesday, February 18th. Finally, Oppenheimer increased their price target on RLJ Lodging Trust from $11.00 to $12.00 and gave the company an “outperform” rating in a research report on Tuesday, November 12th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, RLJ Lodging Trust presently has an average rating of “Hold” and an average target price 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.