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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 1 | 2 | 1 | 2 | 2 | 2 |
Hold | 4 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 6 | 5 | 4 | 5 | 5 | 5 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 1.5B | 1.5B |
Avg | 1.4B | 1.4B |
Low | 1.3B | 1.3B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 9.5% | 8.6% |
Avg | 4.4% | 3.0% |
Low | -0.4% | -2.6% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 0.40 | 1.67 |
Avg | 0.27 | 0.62 |
Low | 0.09 | 0.32 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.