RLJ Lodging Trust (RLJ)

NYSE: RLJ · IEX Real-Time Price · USD
9.62
+0.01 (0.10%)
At close: Jul 12, 2024, 4:00 PM
9.63
+0.01 (0.10%)
After-hours: Jul 12, 2024, 7:26 PM EDT
0.10%
Market Cap 1.50B
Revenue (ttm) 1.34B
Net Income (ttm) 45.58M
Shares Out 155.90M
EPS (ttm) 0.28
PE Ratio 34.36
Forward PE 51.26
Dividend $0.40 (4.16%)
Ex-Dividend Date Jun 28, 2024
Volume 668,632
Open 9.73
Previous Close 9.61
Day's Range 9.61 - 9.77
52-Week Range 9.07 - 12.39
Beta 1.70
Analysts Buy
Price Target 13.58 (+41.16%)
Earnings Date Aug 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]

Sector Real Estate
IPO Date May 11, 2011
Employees 79
Stock Exchange NYSE
Ticker Symbol RLJ
Full Company Profile

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 Statements

Analyst Forecast

According to 6 analysts, the average rating for RLJ stock is "Buy." The 12-month stock price forecast is $13.58, which is an increase of 41.16% from the latest price.

Price Target
$13.58
(41.16% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Top 3 Real Estate Stocks You'll Regret Missing In June

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: CSGPWY
17 days ago - Benzinga

RLJ Lodging Trust Announces Dividends for Second 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 ...

4 weeks ago - Business Wire

RLJ Lodging Trust Sets Dates for Second Quarter 2024 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, 2024, after the markets close on Au...

4 weeks ago - Business Wire

Top 5 Real Estate Stocks That Could Lead To Your Biggest Gains This Month

The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.

Other symbols: SRGCHCTHPPUNIT
6 weeks ago - Benzinga

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...

2 months ago - Business Wire

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 ...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

Other symbols: SKT
1 year ago - Business Wire

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”)...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire