RLJ Lodging Trust (RLJ)

NYSE: RLJ · IEX Real-Time Price · USD
12.04
-0.15 (-1.23%)
Dec 2, 2022 4:00 PM EST - Market closed
-1.23%
Market Cap 1.98B
Revenue (ttm) 1.13B
Net Income (ttm) -17.53M
Shares Out 160.37M
EPS (ttm) -1.63
PE Ratio n/a
Forward PE 22.73
Dividend $0.08 (0.66%)
Ex-Dividend Date Sep 29, 2022
Volume 817,499
Open 11.99
Previous Close 12.19
Day's Range 11.93 - 12.16
52-Week Range 9.84 - 15.45
Beta 1.77
Analysts Buy
Price Target 16.07 (+33.5%)
Earnings Date Nov 2, 2022

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 consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms. [Read more]

Industry Equity Real Estate Investment Trusts (REITs)
IPO Date May 11, 2011
Employees 76
Stock Exchange NYSE
Ticker Symbol RLJ
Full Company Profile

Financial Performance

In 2021, RLJ's revenue was $785.66 million, an increase of 66.07% compared to the previous year's $473.09 million. Losses were -$305.17 million, -24.55% less than in 2020.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for RLJ stock is "Buy." The 12-month stock price forecast is 16.07, which is an increase of 33.47% from the latest price.

Price Target
$16.07
(33.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

RLJ Lodging (RLJ) Tops Q3 FFO and Revenue Estimates

RLJ Lodging (RLJ) delivered FFO and revenue surprises of 2.56% and 1.10%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

RLJ Lodging Trust Reports Third Quarter 2022 Results

BETHESDA, Md.

1 month ago - Business Wire

RLJ Lodging Trust Sets Dates for Third Quarter 2022 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, 2022, after the markets close on ...

2 months ago - Business Wire

RLJ Lodging Trust Announces Dividends for Third Quarter of 2022

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) previously announced in its Q2 2022 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0...

2 months ago - Business Wire

RLJ Lodging Trust Introduces Zachari Dunes on Mandalay Beach, a Curio Collection Hotel by Hilton

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company) (NYSE: RLJ) today announced the relaunch of Zachari Dunes on Mandalay Beach, a Curio Collection hotel by Hilton (“Zachari Dunes”) in Oxna...

2 months ago - Business Wire

RLJ Lodging Trust Relaunches Iconic Charleston, SC Property, The Mills House Hotel, a Curio Collection Hotel by Hilton

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the relaunch on October 1, 2022 of The Mills House Hotel (“Mills House”), located in the heart of downtown C...

2 months ago - Business Wire

Wall Street Analysts Think RLJ Lodging (RLJ) Could Surge 36%: Read This Before Placing a Bet

The average of price targets set by Wall Street analysts indicates a potential upside of 35.7% in RLJ Lodging (RLJ). While the effectiveness of this highly sought-after metric is questionable, the posit...

3 months ago - Zacks Investment Research

RLJ Lodging (RLJ) Moves to Buy: Rationale Behind the Upgrade

RLJ Lodging (RLJ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

3 months ago - Zacks Investment Research

New Strong Buy Stocks for August 5th

SU, POR, ANET, TITN and RLJ have been added to the Zacks Rank #1 (Strong Buy) List on August 5, 2022.

Other symbols: ANETPORSUTITN
3 months ago - Zacks Investment Research

RLJ Lodging (RLJ) Tops Q2 FFO and Revenue Estimates

RLJ Lodging (RLJ) delivered FFO and revenue surprises of 11.36% and 2.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

RLJ Lodging Trust Reports Second Quarter 2022 Results

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Reports Second Quarter 2022 Results

4 months ago - Business Wire

RLJ Lodging Trust Acquires a Boutique Lifestyle Hotel in Downtown Nashville and Repurchases Shares

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Acquires a Boutique Lifestyle Hotel in Downtown Nashville and Repurchases Shares

4 months ago - Business Wire

6 REITs to Sell Now

These are 6 REITs to sell now. They are not worth investing in as they have little or no income or they cannot afford their distributions, which REITs are required to make if they have income.

Other symbols: HSTINDTPEBPKSVC
4 months ago - InvestorPlace

Wall Street Analysts Think RLJ Lodging (RLJ) Could Surge 56%: Read This Before Placing a Bet

The mean of analysts' price targets for RLJ Lodging (RLJ) points to a 55.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analyst...

4 months ago - Zacks Investment Research

RLJ Lodging Trust Sets Dates for Second Quarter 2022 Earnings Release and Conference Call

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Sets Dates for Second Quarter 2022 Earnings Release and Conference Call

5 months ago - Business Wire

RLJ Lodging (RLJ) Soars 7%: Is Further Upside Left in the Stock?

RLJ Lodging (RLJ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength d...

5 months ago - Zacks Investment Research

RLJ Lodging Trust Announces Dividends for Second Quarter of 2022

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Announces Dividends for Second Quarter of 2022

5 months ago - Business Wire

RLJ Lodging (RLJ) Q1 FFO Lag Estimates

RLJ Lodging (RLJ) delivered FFO and revenue surprises of -12.50% and 1.80%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

RLJ Lodging Trust Reports First Quarter 2022 Results

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months ended March 31, 2022. Highlights Pro forma RevPAR of $107.39 for Q1, representin...

7 months ago - Business Wire

RLJ Lodging Trust Sets Dates for First Quarter 2022 Earnings Release and Conference Call

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Sets Dates for First Quarter 2022 Earnings Release and Conference Call

8 months ago - Business Wire

RLJ Lodging Trust Announces Dividends for First Quarter of 2022

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Announces Dividends for First Quarter of 2022

8 months ago - Business Wire

RLJ Lodging Trust Reports Fourth Quarter and Full Year 2021 Results

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Reports Fourth Quarter and Full Year 2021 Results

9 months ago - Business Wire

RLJ Lodging Trust Appoints Robin Zeigler to Board of Trustees

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Appoints Robin Zeigler to Board of Trustees

9 months ago - Business Wire

RLJ Lodging Trust Announces 2021 Dividend Income Tax Information

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Announces 2021 Dividend Income Tax Information

10 months ago - Business Wire

RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust Sets Dates for Fourth Quarter and Full Year 2021 Earnings Release and Conference Call

10 months ago - Business Wire