Service Properties Trust (SVC)
| Market Cap | 413.29M |
| Revenue (ttm) | 1.88B |
| Net Income (ttm) | -242.46M |
| Shares Out | 166.65M |
| EPS (ttm) | -1.47 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.61 (24.60%) |
| Ex-Dividend Date | Oct 28, 2024 |
| Volume | 39,133,729 |
| Open | 2.300 |
| Previous Close | 2.330 |
| Day's Range | 2.300 - 2.530 |
| 52-Week Range | 2.290 - 8.720 |
| Beta | 2.18 |
| Analysts | Buy |
| Price Target | 5.38 (+116.94%) |
| Earnings Date | Nov 6, 2024 |
About SVC
Service Properties Trust (Nasdaq: SVC) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of December 31, 2023, SVC owned 221 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majority of which are extended stay and select service. As of December 31, 2023, SVC also owned 752 service-focused retail net lease properties totaling approximately 13.3 million square feet throughout the United States. SVC ... [Read more]
Financial Performance
In 2023, Service Properties Trust's revenue was $1.87 billion, an increase of 0.58% compared to the previous year's $1.86 billion. Losses were -$32.78 million, -75.24% less than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for SVC stock is "Buy." The 12-month stock price forecast is $5.38, which is an increase of 116.94% from the latest price.
News
Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...
Service Properties: Extremely Cheap, Selling Assets, And Buying Its Own Shares
Service Properties Trust is undergoing significant transformation, selling hotels to reduce debt, which could positively impact stock price by 2024-2025. SVC's long-standing industry presence, diverse...
Service Properties Trust: Dividend Cut And Asset Sales May Not Be Enough
Service Properties Trust's third-quarter earnings reveal revenue headwinds and rising expenses, leading to a net loss of $200 million year-to-date. The company's cash flow issues are severe, with oper...
Service Properties Trust: Another Victim Of Leverage And External Management
Service Properties Trust has significantly underperformed, with a 70% stock decline YTD and a 90% drop since IPO, due to poor management and financial struggles. SVC's recent dividend cut to $0.01 per...
Service Properties Trust (SVC) Q3 2024 Earnings Conference Call Transcript
Service Properties Trust (NASDAQ:SVC) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Kevin Barry - Senior Director of IR Todd Hargreaves - President and Chief Inve...
Service Properties Trust Announces Third Quarter 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results secti...
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Service Properties Trust Announces Actions to Improve Liquidity and Reduce Leverage
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that SVC's Board of Trustees has reduced SVC's regular quarterly cash distribution on its common shares from $0.2...
Service Properties Trust Third Quarter 2024 Conference Call Scheduled for Thursday, November 7th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its third quarter 2024 results after the Nasdaq closes on Wednesday...
Hurricane Helene: REIT Property Damage Report
Hurricane Helene caused significant flooding in Ashville, NC, and Atlanta, GA, impacting numerous REIT-owned properties, but the financial impact on REITs is likely less severe than it appears. REITs ...
Fed Rate Cuts Breathe New Life Into These High-Yield Stocks
Real estate is great, except for the heavy time commitment, which makes it a non-starter for me. “Brett, can you come over and change my lightbulb?
Wall Street's Most Accurate Analysts Spotlight On 3 Real Estate Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Service Properties Trust Announces Second Quarter 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended June 30, 2024, which can be found at the Quarterly Results section of...
Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 7% Dividend Yields
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Top 4 Real Estate Stocks That May Fall Off A Cliff This Quarter
As of July 22, 2024, four stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Service Properties Trust Announces Quarterly Dividend on Common Shares
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.20 per common share ($0.80 per share per year). ...
Service Properties Trust Second Quarter 2024 Conference Call Scheduled for Wednesday, August 7th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its second quarter 2024 results after the Nasdaq closes on Tuesday,...
Who Else Is Avoiding These 3 High Yielding REITs?
As many of my readers know, I'm not a yield chaser. I typically like to avoid "sucker yields" to prevent capital losses. In this article, I will examine three REITs that I'm avoiding.
Wall Street's Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...
Service Properties Trust Appoints Jesse Abair as Vice President
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC), or SVC, today announced that Jesse Abair has been appointed as Vice President. Mr. Abair is a Vice President of The RMR Group (N...
Service Properties Trust: Lower Hotel Occupancy Renewing Dividend Concerns
Service Properties Trust's first quarter financial results showed a slight uptick in revenue, but a $72 million loss before taxes. The hotel segment is dragging due to declining occupancy rates, while...
Service Properties Trust to Present at Nareit's REITweek 2024 Investor Conference on Wednesday, June 5th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that President and Chief Investment Officer Todd Hargreaves together with Treasurer and Chief Financial Officer B...
Service Properties Trust Announces Pricing of Tender Offer for its $350,000,000 Outstanding 4.50% Senior Notes Due 2025
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced the pricing of its previously announced cash tender offer, or the Offer, to purchase any and all of its outstandi...
Service Properties Trust Announces Early Tender Offer Results for its $350,000,000 Outstanding 4.50% Senior Notes Due 2025
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced the early tender results as of 5:00 p.m. Eastern Time on May 29, 2024, of its previously announced cash tender of...
Service Properties Trust Prices an Aggregate of $1.2 Billion of Senior Unsecured Notes
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC), or SVC, today announced that it has priced underwritten public offerings of $700.0 million of 8.375% Senior Guaranteed Unsecured...