Service Properties Trust (SVC)
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]
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 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.
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...
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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). ...
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,...
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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...
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 ...
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 -...
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...
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, ...
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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
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...
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...
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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...