RLJ Lodging Trust (RLJ)

Market Cap	1.71B
Revenue (ttm)	1.33B
Net Income (ttm)	51.29M
Shares Out	155.84M
EPS (ttm)	0.32
PE Ratio	34.25
Forward PE	42.98
Dividend	$0.40 (3.65%)
Ex-Dividend Date	Mar 27, 2024

Volume	1,147,434
Open	11.28
Previous Close	11.23
Day's Range	10.94 - 11.30
52-Week Range	9.07 - 12.39
Beta	1.70
Analysts	Buy
Price Target	13.90 (+26.83%)
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.

• Industry: REIT - Hotel & Motel
• Sector: Real Estate
• IPO Date: May 11, 2011
• Employees: 79
• Stock Exchange: NYSE
• Ticker Symbol: RLJ

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%.

Analyst 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 26.83% from the latest price.

Price Target

$13.9

(26.83% upside)

Analyst Consensus: Buy