Service Properties Trust (SVC)
Market Cap | 835.43M |
Revenue (ttm) | 1.88B |
Net Income (ttm) | -137.11M |
Shares Out | 165.76M |
EPS (ttm) | -0.84 |
PE Ratio | n/a |
Forward PE | 21.14 |
Dividend | $0.80 (15.87%) |
Ex-Dividend Date | Apr 19, 2024 |
Volume | 788,865 |
Open | 5.04 |
Previous Close | 5.01 |
Day's Range | 4.95 - 5.06 |
52-Week Range | 4.81 - 9.39 |
Beta | 2.17 |
Analysts | Hold |
Price Target | 7.58 (+50.4%) |
Earnings Date | Aug 5, 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, SVC'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 3 analysts, the average rating for SVC stock is "Hold." The 12-month stock price forecast is $7.58, which is an increase of 50.40% from the latest price.
News
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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 ...
![](https://cdn.snapi.dev/images/v1/1/b/press1-2481803.jpg)
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...
![](https://cdn.snapi.dev/images/v1/p/2/conf17-2460093.jpg)
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...
![](https://cdn.snapi.dev/images/v1/6/2/press20-2454989.jpg)
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...
![](https://cdn.snapi.dev/images/v1/u/a/press15-2453618.jpg)
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...
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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...
![](https://cdn.snapi.dev/images/v1/r/g/press6-2433410.jpg)
Service Properties Trust Announces a 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 that it has commenced a cash tender offer, or the Offer, to purchase any and all of its outstanding $350,000,000 ...
![](https://cdn.snapi.dev/images/v1/x/v/press1-2416291.jpg)
Service Properties Trust Announces First Quarter 2024 Results
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2024, which can be found at the Quarterly Results section o...
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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). ...
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Service Properties Trust First Quarter 2024 Conference Call Scheduled for Wednesday, May 8th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its first quarter 2024 results after the Nasdaq closes on Tuesday, ...
![](https://cdn.snapi.dev/images/v1/t/q/press3-2299651.jpg)
Service Properties Trust Announces Fourth Quarter 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2023, which can be found at the Quarterly Results sectio...
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Service Properties Trust Fourth Quarter 2024 Conference Call Scheduled for Thursday, February 29th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its fourth quarter 2023 results after the Nasdaq closes on Wednesda...
![](https://cdn.snapi.dev/images/v1/r/i/press13-2231555.jpg)
Service Properties Trust Announces 2023 Dividend Allocation
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that the characterization of dividends for 2023 income tax reporting purposes is as follows: Common Shares Divi...
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Service Properties Trust Prices $1.0 Billion of Senior Secured Notes Due 2031
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it has priced $1.0 billion aggregate principal amount of 8.625% senior secured notes due 2031. The closing i...
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Service Properties Trust Announces Third Quarter 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended September 30, 2023, which can be found at the Quarterly Results secti...
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5 Dividend Growth Stocks To Watch This Quarter
The safest dividend is usually the one that was just raised. Recession or no landing, bull or bear, these payers don't care.
![](https://cdn.snapi.dev/images/v1/w/w/conf11-2092965.jpg)
Service Properties Trust Third Quarter 2023 Conference Call Scheduled for Tuesday, November 7th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its third quarter 2023 results after the Nasdaq closes on Monday, N...
![](https://cdn.snapi.dev/images/v1/t/x/press2-2010599.jpg)
Service Properties Trust Announces Second Quarter 2023 Results
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended June 30, 2023, which can be found at the Quarterly Results section of...
![](https://cdn.snapi.dev/images/v1/c/p/conf13-1965752.jpg)
Service Properties Trust Second Quarter 2023 Conference Call Scheduled for Tuesday, August 8th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its second quarter 2023 results after the Nasdaq closes on Monday, ...
![](https://cdn.snapi.dev/images/v1/g/3/press6-1960399.jpg)
Service Properties Trust Enters New $650 Million Credit Facility
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it has entered into a new $650 million secured revolving credit facility. The maturity date of the new facil...
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Service Properties Trust Elects Rajan Penkar to Board of Trustees
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that it has elected Rajan Penkar to its Board as an Independent Trustee, effective immediately. With the addition...
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Service Properties Trust Acquires Nautilus Hotel in South Beach Miami
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) announced today that it has acquired the 250-room Nautilus Hotel located at 1825 Collins Avenue, Miami Beach, FL for $165.4 milli...
![](https://cdn.snapi.dev/images/v1/4/a/conf20-1916279.jpg)
Service Properties Trust to Present at Nareit's REITweek 2023 Investor Conference on Wednesday, June 7th
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) today announced that President and Chief Investment Officer Todd Hargreaves and Chief Financial Officer and Treasurer Brian Donle...
![](https://cdn.snapi.dev/images/v1/v/q/press3-1893213.jpg)
Service Properties Trust Completes Transaction with BP in Connection with BP's Acquisition of TravelCenters of America Inc.
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC) announced today that BP p.l.c. (NYSE: BP) completed its acquisition of TravelCenters of America Inc. on May 15, 2023, and the pre...