RLJ Lodging Trust (RLJ)
NYSE: RLJ · Real-Time Price · USD
9.06
-0.01 (-0.11%)
Oct 29, 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 11.17, with a low estimate of 9.00 and a high estimate of 15. The average target predicts an increase of 23.29% from the current stock price of 9.06.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RLJ stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 2 | 3 | 3 | 3 | 2 | 2 |
| Hold | 2 | 2 | 2 | 3 | 3 | 2 |
| Sell | 0 | 0 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 6 | 7 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $14 → $11 | Strong Buy | Maintains | $14 → $11 | +21.41% | Oct 28, 2024 |
| Wolfe Research | Wolfe Research | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Sep 26, 2024 |
| Wells Fargo | Wells Fargo | Hold → Sell Downgrades $11 → $9 | Hold → Sell | Downgrades | $11 → $9 | -0.66% | Sep 13, 2024 |
| Compass Point | Compass Point | Strong Buy → Hold Downgrades $10 | Strong Buy → Hold | Downgrades | $10 | +10.38% | Aug 5, 2024 |
| B of A Securities | B of A Securities | Sell Maintains $12 → $10 | Sell | Maintains | $12 → $10 | +10.38% | Jul 22, 2024 |
Financial Forecast
Revenue This Year
1.38B
Revenue Next Year
1.41B
from 1.38B
Increased by 2.54%
EPS This Year
0.14
from 0.32
Decreased by -55.81%
EPS Next Year
0.18
from 0.14
Increased by 25.00%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.4B | 1.5B | 1.5B |
| Avg | 1.4B | 1.4B | 1.4B |
| Low | 1.3B | 1.3B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 8.5% | 9.1% |
| Avg | - | 2.5% | 2.6% |
| Low | - | -2.8% | -3.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.26 | 0.38 | 0.08 |
| Avg | 0.14 | 0.18 | 0.08 |
| Low | 0.02 | -0.01 | 0.08 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -18.0% | 167.3% | -52.5% |
| Avg | -55.8% | 25.0% | -54.3% |
| Low | -93.9% | - | -55.6% |
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.