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 consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
IPO Year: 2011
Exchange: NYSE
Website: rljlodgingtrust.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/26/2024 | Outperform → Peer Perform | Wolfe Research | |
| 9/13/2024 | $11.00 → $9.00 | Equal Weight → Underweight | Wells Fargo |
| 8/5/2024 | $18.00 → $10.00 | Buy → Neutral | Compass Point |
| 1/10/2024 | $15.00 | Outperform | Wolfe Research |
| 11/28/2023 | $13.00 | Perform → Outperform | Oppenheimer |
| 7/20/2023 | Outperform → Perform | Oppenheimer | |
| 4/22/2022 | $20.00 | Outperform | Oppenheimer |
| 1/14/2022 | $17.00 → $18.00 | Neutral → Outperform | Robert W. Baird |
| 1/14/2022 | $17.00 → $18.00 | Neutral → Outperform | Baird |
Q3 RevPAR increased 2.0% compared to 2023 Redeployed disposition proceeds to repurchase $20.7 million of common shares Entered into a new $500.0 million term loan RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three and nine months ended September 30, 2024. Third Quarter Highlights Portfolio Comparable RevPAR of $145.23; an increase of 2.0% from last year Comparable Hotel Revenue of $344.7 million; an increase of 3.0% from last year Net Income of $20.6 million Comparable Hotel EBITDA of $100.7 million, an increase of 2.6% from last year Adjusted EBITDA of $91.9 million; an increase of 3.6% from last year Adjusted FFO per diluted common share and
RLJ Lodging Trust (the "Company") (NYSE:RLJ) previously announced in its Q2 2024 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. The Board of Trustees had also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on October 31, 2024, to shareholders of record as of September 30, 2024. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compac
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the third quarter ended September 30, 2024, after the markets close on November 6, 2024. The Company will also host a conference call on November 7, 2024 at 12:00 p.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's second quarter earnings conference call. A replay of the call will be available from 4:00 p.m. (Eastern Time) on November 7, 2024, until midnight (Eastern Time) on November 21, 2024. Th
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that it has acquired the fee simple interest in the 110-room Hotel Teatro in Denver (the "Hotel") for a purchase price of $35.5 million. The Hotel was redeveloped into an independent boutique lifestyle hotel following the transformational conversion of the historic Denver Tramway Company office building, built circa 1911. The hotel is expected to generate over a 10% stabilized yield. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801032880/en/Hotel Teatro Exterior. (Photo: Business Wire) "We are pleased to expand our footprint in Denver by acquiring this unique bout
Q2 RevPAR increased 2.6% above 2023 Acquired a boutique lifestyle hotel in Denver Announced increase of quarterly dividend to $0.15 per share RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three and six months ended June 30, 2024. Second Quarter Highlights Portfolio Comparable RevPAR of $157.30; an increase of 2.6% from last year Total Revenue of $369.3 million; an increase of 3.5% from last year Net Income of $37.3 million Comparable Hotel EBITDA of $118.6 million Adjusted EBITDA of $109.0 million Adjusted FFO per diluted common share and unit of $0.51 Acquired Hotel Teatro in Denver for $35.5 million Repurchased 0.3 million shar
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on July 15, 2024, to shareholders of record as of June 28, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on July 31, 2024, to shareholders of record as of June 28, 2024. About Us 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. For additional information or
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the second quarter ended June 30, 2024, after the markets close on August 1, 2024. The Company will also host a conference call on August 2, 2024, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's second quarter earnings conference call. A replay of the call will be available from 1:00 p.m. (Eastern Time) on August 2, 2024, until 11:59 p.m. (Eastern Time) on August 16, 2024. The replay
Q1 RevPAR increased 1.0% above 2023 Adjusted FFO per diluted share of $0.33 Expanded conversion pipeline by acquiring Wyndham Boston Beacon Hill RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three months ended March 31, 2024. Highlights Portfolio Comparable RevPAR of $137.88; an increase of 1.0% from last year Total Revenue of $324.4 million; an increase of 3.1% from last year Net income of $4.7 million Comparable Hotel EBITDA of $88.9 million Adjusted EBITDA of $79.6 million Adjusted FFO per diluted common share and unit of $0.33 Addressed all 2024 debt maturities "Our first quarter RevPAR growth came in line with our expectatio
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on April 15, 2024, to shareholders of record as of March 29, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on April 30, 2024, to shareholders of record as of March 29, 2024. About Us 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. For additional information
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the first quarter ended March 31, 2024, after the markets close on May 1, 2024. The Company will also host a conference call on May 2, 2024, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's first quarter earnings conference call. A replay of the call will be available from 1:00 p.m. (Eastern Time) on May 2, 2024, until 11:59 p.m. (Eastern Time) on May 16, 2024. The replay can be access
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RLJ Lodging Trust ("RLJ" or the "Company") (NYSE:RLJ) today announced the appointment of Chad D. Perry as Executive Vice President and General Counsel. Prior to his appointment, Mr. Perry served as Executive Vice President, General Counsel and Secretary of Tanger Factory Outlet Centers, Inc. (NYSE:SKT). In his role at RLJ, Mr. Perry will lead the Company's legal department, reporting to President and Chief Executive Officer Leslie D. Hale. "I am thrilled to welcome Chad to RLJ," said Leslie D. Hale, RLJ's President and CEO. "Chad has a strong track record of effectively overseeing legal affairs, corporate governance, and risk management, in addition to his extensive background in the REIT
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced the appointment of Robin Zeigler, a real estate executive with over 25 years of experience in the industry, to the Company's Board of Trustees (the "Board"). Ms. Zeigler's appointment as a new independent member of the Board is effective immediately, and she will join the Board's Audit Committee and Nominating and Corporate Governance Committee. Ms. Zeigler will stand for election as a Board-recommended nominee at the 2022 Annual Meeting of Shareholders. "On behalf of the Trustees and the RLJ management team, we are thrilled to welcome Robin to our Board," commented Leslie D. Hale, President and Chief Executive Officer. "Robin ha
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Wolfe Research downgraded RLJ Lodging Trust from Outperform to Peer Perform
Wells Fargo downgraded RLJ Lodging Trust from Equal Weight to Underweight and set a new price target of $9.00 from $11.00 previously
Compass Point downgraded RLJ Lodging Trust from Buy to Neutral and set a new price target of $10.00 from $18.00 previously
Wolfe Research initiated coverage of RLJ Lodging Trust with a rating of Outperform and set a new price target of $15.00
Oppenheimer upgraded RLJ Lodging Trust from Perform to Outperform and set a new price target of $13.00
Oppenheimer downgraded RLJ Lodging Trust from Outperform to Perform
Oppenheimer initiated coverage of RLJ Lodging Trust with a rating of Outperform and set a new price target of $20.00
Robert W. Baird upgraded RLJ Lodging Trust from Neutral to Outperform and set a new price target of $18.00 from $17.00 previously
Baird upgraded RLJ Lodging from Neutral to Outperform and set a new price target of $18.00 from $17.00 previously
Keybanc reiterated coverage of RLJ Lodging with a rating of Overweight and set a new price target of $20.00 from $16.00 previously
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Q3 RevPAR increased 2.0% compared to 2023 Redeployed disposition proceeds to repurchase $20.7 million of common shares Entered into a new $500.0 million term loan RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three and nine months ended September 30, 2024. Third Quarter Highlights Portfolio Comparable RevPAR of $145.23; an increase of 2.0% from last year Comparable Hotel Revenue of $344.7 million; an increase of 3.0% from last year Net Income of $20.6 million Comparable Hotel EBITDA of $100.7 million, an increase of 2.6% from last year Adjusted EBITDA of $91.9 million; an increase of 3.6% from last year Adjusted FFO per diluted common share and
RLJ Lodging Trust (the "Company") (NYSE:RLJ) previously announced in its Q2 2024 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. The Board of Trustees had also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on October 31, 2024, to shareholders of record as of September 30, 2024. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compac
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the third quarter ended September 30, 2024, after the markets close on November 6, 2024. The Company will also host a conference call on November 7, 2024 at 12:00 p.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's second quarter earnings conference call. A replay of the call will be available from 4:00 p.m. (Eastern Time) on November 7, 2024, until midnight (Eastern Time) on November 21, 2024. Th
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that it has acquired the fee simple interest in the 110-room Hotel Teatro in Denver (the "Hotel") for a purchase price of $35.5 million. The Hotel was redeveloped into an independent boutique lifestyle hotel following the transformational conversion of the historic Denver Tramway Company office building, built circa 1911. The hotel is expected to generate over a 10% stabilized yield. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240801032880/en/Hotel Teatro Exterior. (Photo: Business Wire) "We are pleased to expand our footprint in Denver by acquiring this unique bout
Q2 RevPAR increased 2.6% above 2023 Acquired a boutique lifestyle hotel in Denver Announced increase of quarterly dividend to $0.15 per share RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three and six months ended June 30, 2024. Second Quarter Highlights Portfolio Comparable RevPAR of $157.30; an increase of 2.6% from last year Total Revenue of $369.3 million; an increase of 3.5% from last year Net Income of $37.3 million Comparable Hotel EBITDA of $118.6 million Adjusted EBITDA of $109.0 million Adjusted FFO per diluted common share and unit of $0.51 Acquired Hotel Teatro in Denver for $35.5 million Repurchased 0.3 million shar
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on July 15, 2024, to shareholders of record as of June 28, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on July 31, 2024, to shareholders of record as of June 28, 2024. About Us 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. For additional information or
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the second quarter ended June 30, 2024, after the markets close on August 1, 2024. The Company will also host a conference call on August 2, 2024, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's second quarter earnings conference call. A replay of the call will be available from 1:00 p.m. (Eastern Time) on August 2, 2024, until 11:59 p.m. (Eastern Time) on August 16, 2024. The replay
Q1 RevPAR increased 1.0% above 2023 Adjusted FFO per diluted share of $0.33 Expanded conversion pipeline by acquiring Wyndham Boston Beacon Hill RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three months ended March 31, 2024. Highlights Portfolio Comparable RevPAR of $137.88; an increase of 1.0% from last year Total Revenue of $324.4 million; an increase of 3.1% from last year Net income of $4.7 million Comparable Hotel EBITDA of $88.9 million Adjusted EBITDA of $79.6 million Adjusted FFO per diluted common share and unit of $0.33 Addressed all 2024 debt maturities "Our first quarter RevPAR growth came in line with our expectatio
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on April 15, 2024, to shareholders of record as of March 29, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on April 30, 2024, to shareholders of record as of March 29, 2024. About Us 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. For additional information
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the first quarter ended March 31, 2024, after the markets close on May 1, 2024. The Company will also host a conference call on May 2, 2024, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's first quarter earnings conference call. A replay of the call will be available from 1:00 p.m. (Eastern Time) on May 2, 2024, until 11:59 p.m. (Eastern Time) on May 16, 2024. The replay can be access
B of A Securities analyst Shaun Kelley maintains RLJ Lodging (NYSE:RLJ) with a Underperform and lowers the price target from $12 to $10.
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. RLJ Lodging Trust (NYSE:RLJ) On June 14, RLJ Lodging Trust declared a quarterly cash dividend of 10 cents per common share of
Baird analyst Michael Bellisario maintains RLJ Lodging (NYSE:RLJ) with a Outperform and lowers the price target from $13 to $12.
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. CoStar Group Inc (NASDAQ:CSGP) On April 23, CoStar Group reported better-than-expected first-quarter financial results.. The
The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. RLJ Lodging Trust (NYSE:RLJ) On May 1, RLJ Lodging posted better-than-expected quarterly sales. “Our first quarter RevPAR gro
RLJ Lodging (NYSE:RLJ) reported quarterly losses of $(0.01) per share which met the analyst consensus estimate. This is a 133.33 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $324.410 million which beat the analyst consensus estimate of $322.757 million by 0.51 percent. This is a 3.15 percent increase over sales of $314.503 million the same period last year.
Oppenheimer has decided to maintain its Outperform rating of RLJ Lodging (NYSE:RLJ) and raise its price target from $14.00 to $15.00. Shares of RLJ Lodging are trading up 0.0% over the last 24 hours, at $11.78 per share. A move to $15.00 would account for a 27.33% increase from the current share price. About RLJ Lodging RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business district
RLJ Lodging (NYSE:RLJ) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 3 1 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 0 0 0 3M Ago 1 0 1 0 0 Analysts have set 12-month price targets for RLJ Lodging, revealing an average target of $14.1, a high estimate of $15.00, and a low estimate of $12.50. This upward trend is evident, with the current average re
Oppenheimer analyst Tyler Batory maintains RLJ Lodging (NYSE:RLJ) with a Outperform and raises the price target from $14 to $15.