Service Properties Trust is a real estate investment trust, or REIT, which owns a diverse portfolio of hotels and net lease service and necessity-based retail properties across the United States and in Puerto Rico and Canada with 149 distinct brands across 23 industries. SVC's properties are primarily operated under long-term management or lease agreements. SVC is managed by the operating subsidiary of The RMR Group Inc. (Nasdaq: RMR), or RMR Inc., an alternative asset management company that is headquartered in Newton, Massachusetts.
IPO Year:
Exchange: NASDAQ
Website: svcreit.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2023 | $8.00 | Hold | HSBC Securities |
| 4/22/2022 | $8.50 | Perform | Oppenheimer |
| 2/28/2022 | $15.00 → $13.00 | Buy | B. Riley Securities |
| 10/18/2021 | Equal Weight → Underweight | Wells Fargo | |
| 8/10/2021 | $15.00 | Neutral → Buy | B. Riley Securities |
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
SC 13G - Service Properties Trust (0000945394) (Subject)
SC 13G/A - Service Properties Trust (0000945394) (Subject)
SC 13G/A - Service Properties Trust (0000945394) (Subject)
SC 13G/A - Service Properties Trust (0000945394) (Subject)
SC 13G/A - Service Properties Trust (0000945394) (Subject)
SC 13G/A - Service Properties Trust (0000945394) (Subject)
SC 13G - Service Properties Trust (0000945394) (Subject)
SC 13G/A - Service Properties Trust (0000945394) (Subject)
4 - Service Properties Trust (0000945394) (Issuer)
4 - Service Properties Trust (0000945394) (Issuer)
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
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 (NASDAQ:RMR), where he leads a team responsible for the sourcing, underwriting, design, entitlement and leasing of all development projects managed by RMR. He has more than 15 years of experience in commercial real estate development. Prior to joining RMR in 2017, Mr. Abair was a partner at a Boston law firm, where he managed a comprehensive real estate practice that included assisting clients with land use regulation and development matters. About Service Properties Trust Service Properties Trust (NASDAQ:SVC) is a real es
Industrial Logistics Properties Trust (NASDAQ:ILPT) today announced that Brian E. Donley has been appointed as Chief Financial Officer and Treasurer, effective October 1, 2022. Mr. Donley has more than 25 years of commercial real estate experience, including expertise in corporate finance and reporting, mergers and acquisitions, capital market transactions and compliance. He has served in various finance and accounting leadership roles at The RMR Group (NASDAQ:RMR) since 1997 and has been promoted to a Senior Vice President of RMR, effective October 1, 2022. Mr. Donley also serves as Chief Financial Officer and Treasurer of Service Properties Trust (NASDAQ:SVC) and is a certified public ac
Service Properties Trust (NASDAQ:SVC) announced the results of its 2022 Annual Meeting of Shareholders, which was held earlier today, as follows. Laurie B. Burns was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Independent Trustee is as follows: Independent Trustee Percentage of Shares Voted For Laurie B. Burns 81.9% Robert E. Cramer was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Independent Trustee is as follows: Independent Trustee Percentage of Shares Voted For Robert E. Cramer 78.9
Service Properties Trust (NASDAQ:SVC) today announced that Todd Hargreaves has been appointed as its President and Chief Investment Officer, effective April 1, 2022. Mr. Hargreaves has served as Vice President of SVC since 2019 and as Vice President and Chief Investment Officer of SVC since 2020. Mr. Hargreaves is also Senior Vice President of The RMR Group (NASDAQ:RMR), responsible for all real estate and real estate related acquisitions at RMR. Prior to joining RMR in 2010, Mr. Hargreaves worked at AIG Investments, where he was responsible for commercial real estate loan origination and asset management. He has more than 15 years of experience working in the commercial real estate indust
Service Properties Trust (NASDAQ:SVC) today announced the results of its 2021 Annual Meeting of Shareholders, which was held earlier today, as follows. Laurie B. Burns was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Independent Trustee is as follows: Independent Trustee Percentage of Shares Voted For Laurie B. Burns 76.0% William A. Lamkin was re-elected as an Independent Trustee. The final tabulation of the percentage of shareholders' votes cast for this Independent Trustee is as follows: Independent Trustee Percentage of Shares Voted For William A. Lamkin 65.7% Shareholders v
SCHEDULE 13G - Service Properties Trust (0000945394) (Subject)
8-K - Service Properties Trust (0000945394) (Filer)
10-Q - Service Properties Trust (0000945394) (Filer)
8-K - Service Properties Trust (0000945394) (Filer)
10-Q - Service Properties Trust (0000945394) (Filer)
8-K - Service Properties Trust (0000945394) (Filer)
8-K - Service Properties Trust (0000945394) (Filer)
8-K - Service Properties Trust (0000945394) (Filer)
8-K - Service Properties Trust (0000945394) (Filer)
FWP - Service Properties Trust (0000945394) (Subject)
HSBC Securities initiated coverage of Service Properties Trust with a rating of Hold and set a new price target of $8.00
Oppenheimer initiated coverage of Service Properties Trust with a rating of Perform and set a new price target of $8.50
B. Riley Securities reiterated coverage of Service Properties Trust with a rating of Buy and set a new price target of $13.00 from $15.00 previously
Wells Fargo downgraded Service Properties Trust from Equal Weight to Underweight
B. Riley Securities upgraded Service Properties Trust from Neutral to Buy and set a new price target of $15.00
B. Riley resumed coverage of Service Properties Trust with a rating of Neutral and set a new price target of $14.00
B. Riley Securities downgraded Service Properties Trust from Buy to Neutral and set a new price target of $14.00
B. Riley Securities upgraded Service Properties Trust from Neutral to Buy and set a new price target of $14.00
B. Riley upgraded Service Properties Trust from Neutral to Buy
Service Properties Trust (NASDAQ:SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to SVC's common shareholders of record as of the close of business on January 27, 2025 and distributed on or about February 20, 2025. About Service Properties Trust 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 September 30, 2024, SVC owned 214 hotels with over 36,000 guest rooms throughout the United States and in Puerto Rico and Canada. As of September 30,
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
NEW YORK, Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from t
Service Properties Trust (NASDAQ:SVC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of SVC's website at https://www.svcreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106106064/en/ A conference call to discuss SVC's third quarter results will be held on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be ava
Reduces Quarterly Distribution to $0.01 Per Share; $127 Million in Annual Savings Will Increase Liquidity 114 Sonesta Managed Focused Service Hotels Expected to be Sold in 2025; SVC Expects to Use Net Sales Proceeds to Repay Debt Actions are Expected to Reduce Capital Expenditures and Leverage, Improve Portfolio Performance and Better Position SVC's Hotel Portfolio for the Long Term Service Properties Trust (NASDAQ:SVC) today announced that SVC's Board of Trustees has reduced SVC's regular quarterly cash distribution on its common shares from $0.20 per common share ($0.80 per share per year) to $0.01 per common share ($0.04 per share per year). The dividend reduction will result in $127
Service Properties Trust (NASDAQ:SVC) today announced that it will issue a press release containing its third quarter 2024 results after the Nasdaq closes on Wednesday, November 6, 2024. On Thursday, November 7, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) 317-5434. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prio
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 SVC's website at https://www.svcreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240806340280/en/ A conference call to discuss SVC's second quarter results will be held on Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be availab
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). This distribution will be paid to SVC's common shareholders of record as of the close of business on July 22, 2024 and distributed on or about August 15, 2024. About Service Properties Trust Service Properties Trust (NASDAQ:SVC) is a real estate investment trust, or REIT, with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of March 31, 2024, SVC owned 220 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majorit
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, August 6, 2024. On Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) 317-5434. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior t
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 (NASDAQ:RMR), where he leads a team responsible for the sourcing, underwriting, design, entitlement and leasing of all development projects managed by RMR. He has more than 15 years of experience in commercial real estate development. Prior to joining RMR in 2017, Mr. Abair was a partner at a Boston law firm, where he managed a comprehensive real estate practice that included assisting clients with land use regulation and development matters. About Service Properties Trust Service Properties Trust (NASDAQ:SVC) is a real es
Service Properties Trust (NASDAQ:SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to SVC's common shareholders of record as of the close of business on January 27, 2025 and distributed on or about February 20, 2025. About Service Properties Trust 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 September 30, 2024, SVC owned 214 hotels with over 36,000 guest rooms throughout the United States and in Puerto Rico and Canada. As of September 30,
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
Service Properties Trust (NASDAQ:SVC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of SVC's website at https://www.svcreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106106064/en/ A conference call to discuss SVC's third quarter results will be held on Thursday, November 7, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be ava
Reduces Quarterly Distribution to $0.01 Per Share; $127 Million in Annual Savings Will Increase Liquidity 114 Sonesta Managed Focused Service Hotels Expected to be Sold in 2025; SVC Expects to Use Net Sales Proceeds to Repay Debt Actions are Expected to Reduce Capital Expenditures and Leverage, Improve Portfolio Performance and Better Position SVC's Hotel Portfolio for the Long Term Service Properties Trust (NASDAQ:SVC) today announced that SVC's Board of Trustees has reduced SVC's regular quarterly cash distribution on its common shares from $0.20 per common share ($0.80 per share per year) to $0.01 per common share ($0.04 per share per year). The dividend reduction will result in $127
Service Properties Trust (NASDAQ:SVC) today announced that it will issue a press release containing its third quarter 2024 results after the Nasdaq closes on Wednesday, November 6, 2024. On Thursday, November 7, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) 317-5434. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prio
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 SVC's website at https://www.svcreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240806340280/en/ A conference call to discuss SVC's second quarter results will be held on Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be availab
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). This distribution will be paid to SVC's common shareholders of record as of the close of business on July 22, 2024 and distributed on or about August 15, 2024. About Service Properties Trust Service Properties Trust (NASDAQ:SVC) is a real estate investment trust, or REIT, with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of March 31, 2024, SVC owned 220 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majorit
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, August 6, 2024. On Wednesday, August 7, 2024 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results. The conference call telephone number is (877) 329-3720. Participants calling from outside the United States and Canada should dial (412) 317-5434. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior t
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 of SVC's website at https://www.svcreit.com/investors/financial-information/default.aspx. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507445673/en/ A conference call to discuss SVC's first quarter results will be held on Wednesday, May 8, 2024 at 10:00 a.m. Eastern Time. The conference call may be accessed by dialing (877) 329-3720 or (412) 317-5434 (if calling from outside the United States and Canada); a pass code is not required. A replay will be available
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). This distribution will be paid to SVC's common shareholders of record as of the close of business on April 22, 2024 and distributed on or about May 16, 2024. About Service Properties Trust Service Properties Trust (NASDAQ:SVC) is a real estate investment trust, or REIT, 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 majori