RLJ Lodging Trust (NYSE:RLJ) Announces Earnings Results, Beats Estimates By $0.36 EPS

RLJ Lodging Trust (NYSE:RLJ) announced its earnings results on Tuesday. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.36, Zacks reports. RLJ Lodging Trust had a net margin of 5.19% and a return on equity of 3.58%. RLJ Lodging Trust updated its FY 2025 guidance to 1.460-1.660 EPS.

RLJ Lodging Trust Stock Down 1.0 %

Shares of RLJ Lodging Trust stock traded down $0.09 during midday trading on Tuesday, reaching $9.19. 2,416,701 shares of the company’s stock traded hands, compared to its average volume of 1,541,672. The company has a debt-to-equity ratio of 1.14, a quick ratio of 2.74 and a current ratio of 2.74. RLJ Lodging Trust has a 52 week low of $8.74 and a 52 week high of $12.39. The company’s 50 day simple moving average is $9.87 and its 200 day simple moving average is $9.63. The company has a market cap of $1.41 billion, a price-to-earnings ratio of 31.69, a price-to-earnings-growth ratio of 2.87 and a beta of 1.68.

RLJ Lodging Trust Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.53%. The ex-dividend date of this dividend was Tuesday, December 31st. RLJ Lodging Trust’s dividend payout ratio is 206.90%.

Analysts Set New Price Targets

Several brokerages recently issued reports on RLJ. Oppenheimer increased their price objective on RLJ Lodging Trust from $11.00 to $12.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 12th. Wells Fargo & Company decreased their price target on shares of RLJ Lodging Trust from $10.50 to $9.75 and set an “underweight” rating for the company in a report on Tuesday, February 18th. Truist Financial dropped their price objective on shares of RLJ Lodging Trust from $14.00 to $11.00 and set a “buy” rating on the stock in a research note on Monday, October 28th. Finally, StockNews.com raised shares of RLJ Lodging Trust from a “sell” rating to a “hold” rating in a research note on Thursday, February 6th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $10.79.

RLJ Lodging Trust Company Profile

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio currently consists of 96 hotels with approximately 21,200 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.