RLJ Lodging Trust upgraded by Oppenheimer with a new price target
$RLJ
Real Estate Investment Trusts
Real Estate
Oppenheimer upgraded RLJ Lodging Trust from Perform to Outperform and set a new price target of $13.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/21/2025 | $11.00 → $10.00 | Buy → Hold | Truist |
| 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 |
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on July 15, 2025, to shareholders of record as of June 30, 2025. 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, 2025, to shareholders of record as of June 30, 2025. 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. Forward Looking Statements
RLJ Lodging Trust (the "Company") (NYSE:RLJ) today announced it will report financial results for the second quarter ended June 30, 2025, after the markets close on August 7, 2025. The Company will also host a conference call on August 8, 2025, 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 2:00 p.m. (Eastern Time) on August 8, 2025, until midnight (Eastern Time) on August 22, 2025. The replay ca
Q1 RevPAR increased 1.6% Addressed all 2025 debt maturities Repurchased 2.7 million shares for $24.3 million year-to-date RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three months ended March 31, 2025. Highlights Portfolio Comparable RevPAR of $141.23; an increase of 1.6% over the prior year Total Revenues of $328.1 million Net Income of $3.2 million Comparable Hotel EBITDA of $85.3 million Adjusted EBITDA of $77.6 million Adjusted FFO per diluted common share and unit of $0.31 Sold one non-core hotel for $24.3 million Recycled proceeds from asset sale to repurchase 2.7 million shares for approximately $24.3 million Addressed all 2025 deb