RLJ Lodging Trust (RLJ)
Market Cap | 1.62B |
Revenue (ttm) | 1.34B |
Net Income (ttm) | 45.58M |
Shares Out | 155.90M |
EPS (ttm) | 0.28 |
PE Ratio | 37.21 |
Forward PE | 64.10 |
Dividend | $0.40 (3.84%) |
Ex-Dividend Date | Mar 27, 2024 |
Volume | 1,097,344 |
Open | 10.47 |
Previous Close | 10.36 |
Day's Range | 10.34 - 10.53 |
52-Week Range | 9.07 - 12.39 |
Beta | 1.69 |
Analysts | Buy |
Price Target | 13.90 (+33.4%) |
Earnings Date | May 1, 2024 |
About RLJ
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. [Read more]
Financial Performance
In 2023, RLJ's revenue was $1.33 billion, an increase of 11.05% compared to the previous year's $1.19 billion. Earnings were $51.29 million, an increase of 205.12%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for RLJ stock is "Buy." The 12-month stock price forecast is $13.9, which is an increase of 33.40% from the latest price.
News
RLJ Lodging Trust Reports First Quarter 2024 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2024. Highlights Portfolio Comparable RevPAR of $137.88; an in...
RLJ Lodging Trust Announces Dividends for First Quarter of 2024
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial ...
RLJ Lodging Trust Announces First Quarter 2024 Earnings Release and Conference Call Dates
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2024, after the markets close on Ma...
RLJ Lodging Trust Reports Fourth Quarter and Full Year 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months and year ended December 31, 2023. Fourth Quarter Highlights Portfolio Comparab...
RLJ Lodging Trust Announces Tax Treatment of 2023 Dividends
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2023 tax classification of the dividend distributions made to the Company's holders of its common shar...
RLJ Lodging Trust's Zachari Dunes on Mandalay Beach Hotel Named ‘Best New Hotel' for 2023
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) is pleased to announce that the Company's Zachari Dunes on Mandalay Beach, Curio Collection by Hilton hotel has been named...
RLJ Lodging Trust Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call Dates
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2023, after the m...
RLJ Lodging Trust Announces Dividends for Fourth Quarter of 2023
BETHESDA, M.D.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial...
RLJ Lodging Trust Provides Update on its Embedded Value Creation Initiatives
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today provided an update to its embedded value creation initiatives. These initiatives include two new conversions in 2024...
RLJ Lodging Trust Reports Third Quarter 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2023. Third Quarter Highlights Portfolio Comparab...
RLJ Lodging Trust Announces Dividends for Third Quarter of 2023
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) previously announced in its Q2 2023 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of ...
RLJ Lodging Trust Sets Dates for Third Quarter 2023 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the third quarter ended September 30, 2023, after the markets close o...
RLJ Lodging Trust Reports Second Quarter 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2023. Second Quarter Highlights Portfolio Comparable Re...
RLJ Lodging Trust's Boutique Nashville Hotel to Join Hilton's Tapestry Collection
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Nashville property is joining the Tapestry Collection by Hilton. The 124-room property will under...
RLJ Lodging Trust Sets Dates for Second Quarter 2023 Earnings Release and Conference Call
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the second quarter ended June 30, 2023, after the markets close on Au...
RLJ Lodging Trust Announces Dividends for Second Quarter of 2023
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.08 per common share of beneficial ...
RLJ Lodging Trust Announces the Appointment of Chad Perry as Executive Vice President and General Counsel
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (“RLJ” or the “Company”) (NYSE: RLJ) today announced the appointment of Chad D. Perry as Executive Vice President and General Counsel. Prior to his ap...
RLJ Lodging Trust Successfully Refinances $600 Million Senior Unsecured Credit Facility and $225 Million of Term Loans
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it successfully recast its $600.0 million senior unsecured revolving credit facility (the “Revolver”)...
RLJ Lodging Trust Reports First Quarter 2023 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2023. First Quarter And Year To Date Highlights Portfolio Comp...
RLJ Lodging Trust Announces First Quarter 2023 Earnings Release and Conference Call Dates
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the first quarter ended March 31, 2023, after the markets close on Ma...
RLJ Lodging Trust Announces Dividends for First Quarter of 2023
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) announced in its Q4 2022 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.08 per c...
RLJ Lodging Trust Reports Fourth Quarter and Full Year 2022 Results
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months and year ended December 31, 2022. Fourth Quarter Highlights Portfolio comparab...
RLJ Lodging Trust Announces Tax Treatment of 2022 Dividends
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2022 tax classification of the dividend distributions made to the Company's holders of its common sh...
RLJ Lodging Trust Announces Publication of Inaugural Corporate Sustainability Report
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the release of its inaugural Corporate Sustainability Report, building upon the Company's longstanding c...
RLJ Lodging Trust Announces Fourth Quarter and Full Year 2022 Earnings Release and Conference Call Dates
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2022, after the...