Service Properties Trust (SVC)

NASDAQ: SVC · Real-Time Price · USD
4.890
-0.070 (-1.42%)
Sep 20, 2024, 9:54 AM EDT - Market open
-1.42%
Market Cap 811.18M
Revenue (ttm) 1.89B
Net Income (ttm) -199.68M
Shares Out 165.89M
EPS (ttm) -1.21
PE Ratio n/a
Forward PE n/a
Dividend $0.80 (16.48%)
Ex-Dividend Date Jul 22, 2024
Volume 387,140
Open 4.910
Previous Close 4.960
Day's Range 4.841 - 4.940
52-Week Range 4.260 - 8.720
Beta 2.19
Analysts Hold
Price Target 6.67 (+36.4%)
Earnings Date Nov 4, 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]

Sector Real Estate
Founded 1995
Country United States
Stock Exchange NASDAQ
Ticker Symbol SVC
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for SVC stock is "Hold." The 12-month stock price forecast is $6.67, which is an increase of 36.40% from the latest price.

Price Target
$6.67
(36.40% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

6 weeks ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 7% 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...

Other symbols: DEAMPW
7 weeks ago - Benzinga

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.

Other symbols: EPRTIVTO
2 months ago - Benzinga

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). ...

2 months ago - Business Wire

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,...

2 months ago - Business Wire

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.

Other symbols: GNLGPMT
3 months ago - Seeking Alpha

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 ...

Other symbols: BDNOUT
3 months ago - Benzinga

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...

Other symbols: RMR
3 months ago - Business Wire

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...

3 months ago - Seeking Alpha

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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...

4 months ago - Business Wire

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 ...

4 months ago - Business Wire

Service Properties Trust (SVC) Q1 2024 Earnings Call Transcript

Service Properties Trust (NASDAQ:SVC) Q1 2024 Earnings Call Transcript May 8, 2024 10:00 AM ET Company Participants Stephen Colbert - Director of IR Todd Hargreaves - President and CIO Brian Donley -...

4 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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, ...

5 months ago - Business Wire

Service Properties Trust: Hidden Value In Sonesta

Service Properties Trust is a hybrid hotel and triple net REIT trading at a deep value multiple of 4.4X forward consensus FFO. Service Properties' interest expense will increase as cheap fixed rate de...

6 months ago - Seeking Alpha

Picking A Winner In Hotel REITs

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards ser...

7 months ago - Seeking Alpha

Service Properties Trust (SVC) Q4 2023 Earnings Call Transcript

Service Properties Trust (NASDAQ:SVC) Q4 2023 Earnings Conference Call February 29, 2024 11:00 AM ET

7 months ago - Seeking Alpha

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...

7 months ago - Business Wire

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...

8 months ago - Business Wire

8 REITs That Could Cut The Cheese

I know what it's like to own shares in a company that cuts its dividend. It's not fun. I write articles like these in order to help readers navigate away from "sucker yields" and purchase "SWANs" inst...

8 months ago - Seeking Alpha

3 Rotten REITs

I'm no fan of externally-managed REITs. Especially the three tickers I'm discussing today. I suggest you avoid these rotten REITs at all costs.

Other symbols: ILPTOPI
8 months ago - Seeking Alpha

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...

8 months ago - Business Wire