RLJ Lodging Trust (RLJ)
NYSE: RLJ · IEX Real-Time Price · USD
9.43
+0.04 (0.43%)
Jul 2, 2024, 4:00 PM EDT - Market closed
RLJ Lodging Trust Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for RLJ Lodging Trust stock have an average target of 13.58, with a low estimate of 12 and a high estimate of 15. The average target predicts an increase of 44.01% from the current stock price of 9.43.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for RLJ stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 3 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $13 → $12 | Buy | Maintains | $13 → $12 | +27.25% | Jun 11, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $14 → $15 | Buy | Maintains | $14 → $15 | +59.07% | Feb 29, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates $15 | Buy | Initiates | $15 | +59.07% | Jan 10, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $13 → $14 | Buy | Maintains | $13 → $14 | +48.46% | Jan 5, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $13 → $14 | Strong Buy | Maintains | $13 → $14 | +48.46% | Dec 22, 2023 |
Financial Forecast
Revenue This Year
1.39B
from 1.33B
Increased by 5.09%
Revenue Next Year
1.43B
from 1.39B
Increased by 2.37%
EPS This Year
0.21
from 0.32
Decreased by -32.93%
EPS Next Year
0.27
from 0.21
Increased by 27.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.5B | 1.5B | 1.5B |
| Avg | 1.4B | 1.4B | 1.5B |
| Low | 1.3B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 10.4% | 9.3% | 8.4% |
| Avg | 5.1% | 2.4% | 3.6% |
| Low | 0.1% | -5.4% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.32 | 0.41 |
| Avg | 0.21 | 0.27 |
| Low | 0.10 | 0.11 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -1.6% | 90.8% |
| Avg | -32.9% | 27.1% |
| Low | -69.4% | -49.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.