RLJ Lodging Trust (RLJ)
NYSE: RLJ · IEX Real-Time Price · USD
11.82
+0.08 (0.68%)
Mar 28, 2024, 4:00 PM EDT - Market closed

RLJ Lodging Trust Stock Forecast

Stock Price Forecast

The 5 analysts with 12-month price forecasts for RLJ Lodging Trust stock have an average target of 13.9, with a low estimate of 12.5 and a high estimate of 15. The average target predicts an increase of 17.60% from the current stock price of 11.82.

Analyst Consensus: Buy
Target Low Average Median High
Price $12.5 $13.9 $14 $15
Change +5.75% +17.60% +18.44% +26.90%

Analyst Ratings

The average analyst rating for RLJ stock from 5 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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 121222
Hold 422222
Sell 000000
Strong Sell 000000
Total 654555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Oppenheimer
Oppenheimer
Buy
Maintains
$14$15
Buy Maintains $14$15 +26.90% Feb 29, 2024
Wolfe Research
Wolfe Research
Buy
Initiates
$15
Buy Initiates $15 +26.90% Jan 10, 2024
Oppenheimer
Oppenheimer
Buy
Maintains
$13$14
Buy Maintains $13$14 +18.44% Jan 5, 2024
Truist Securities
Truist Securities
Strong Buy
Maintains
$13$14
Strong Buy Maintains $13$14 +18.44% Dec 22, 2023
Wells Fargo
Wells Fargo
Hold
Maintains
$11$13
Hold Maintains $11$13 +5.75% Dec 22, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
1.38B
from 1.33B
Increased by 4.41%
Revenue Next Year
1.43B
from 1.38B
Increased by 2.96%
EPS This Year
0.27
from 0.32
Decreased by -14.78%
EPS Next Year
0.62
from 0.27
Increased by 126.67%
Year 2019202020212022202320242025
Revenue
1.57B473.09M785.66M1.19B1.33B1.38B1.43B
Revenue Growth
-11.07%-69.79%66.07%51.93%11.05%4.41%2.96%
EPS
0.59-2.61-2.010.100.320.270.62
EPS Growth
-36.56%---220.00%-14.78%126.67%
No. Analysts -----76
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 1.5B 1.5B
Avg 1.4B 1.4B
Low 1.3B 1.3B

Revenue Growth

Revenue Growth 20242025
High
9.5%
8.6%
Avg
4.4%
3.0%
Low
-0.4%
-2.6%

EPS Forecast

EPS 20242025
High 0.40 1.67
Avg 0.27 0.62
Low 0.09 0.32

EPS Growth

EPS Growth 20242025
High
24.7%
512.2%
Avg
-14.8%
126.7%
Low
-72.4%
18.6%
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.