Service Properties Trust (NASDAQ:SVC) Receives Average Recommendation of “Hold” from Brokerages

Service Properties Trust (NASDAQ:SVC) has received an average rating of “Hold” from the five analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $2.50.

SVC has been the subject of several recent research reports. B. Riley Financial raised Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price target for the company in a research report on Thursday, April 2nd. Odeon Capital Group initiated coverage on Service Properties Trust in a research report on Friday, May 8th. They set a “buy” rating and a $3.50 price target for the company. Zacks Research downgraded Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 30th. Wells Fargo & Company lowered their price objective on Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating for the company in a research report on Thursday, January 22nd. Finally, Wall Street Zen downgraded Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th.

Insider Transactions at Service Properties Trust

In other news, Director Adam D. Portnoy bought 41,666,666 shares of Service Properties Trust stock in a transaction that occurred on Thursday, April 2nd. The shares were purchased at an average price of $1.20 per share, for a total transaction of $49,999,999.20. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Donna D. Fraiche bought 83,333 shares of Service Properties Trust stock in a transaction that occurred on Thursday, April 2nd. The stock was purchased at an average price of $1.20 per share, for a total transaction of $99,999.60. Following the acquisition, the director directly owned 182,013 shares of the company’s stock, valued at $218,415.60. The trade was a 84.45% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 41,914,999 shares of company stock valued at $50,297,999 in the last ninety days. Company insiders own 1.57% of the company’s stock.

Hedge Funds Weigh In On Service Properties Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. HighRoad Wealth Advisors LLC acquired a new position in shares of Service Properties Trust in the fourth quarter worth about $29,000. Abel Hall LLC acquired a new position in shares of Service Properties Trust in the fourth quarter worth about $32,000. Caxton Associates LLP acquired a new position in shares of Service Properties Trust in the third quarter worth about $33,000. BNP Paribas Financial Markets lifted its stake in shares of Service Properties Trust by 54.4% in the second quarter. BNP Paribas Financial Markets now owns 14,470 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 5,099 shares in the last quarter. Finally, Savant Capital LLC acquired a new position in shares of Service Properties Trust in the third quarter worth about $37,000. Hedge funds and other institutional investors own 77.62% of the company’s stock.

Service Properties Trust Stock Performance

NASDAQ SVC opened at $1.69 on Friday. Service Properties Trust has a 1-year low of $1.13 and a 1-year high of $3.08. The company has a market capitalization of $1.09 billion, a P/E ratio of -1.19 and a beta of 1.61. The business has a 50 day moving average price of $1.66 and a 200 day moving average price of $1.87. The company has a debt-to-equity ratio of 4.56, a current ratio of 0.01 and a quick ratio of 0.01.

Service Properties Trust (NASDAQ:SVC) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.40. The firm had revenue of $364.45 million during the quarter, compared to the consensus estimate of $347.82 million. Service Properties Trust had a negative return on equity of 38.18% and a negative net margin of 13.59%.Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. Sell-side analysts expect that Service Properties Trust will post 0.25 EPS for the current fiscal year.

Service Properties Trust Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Tuesday, April 21st were given a $0.01 dividend. The ex-dividend date of this dividend was Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.4%. Service Properties Trust’s payout ratio is currently -2.82%.

About Service Properties Trust

Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.