Wolfe Research initiated coverage on RLJ Lodging Trust with a new price target
$RLJ
Real Estate Investment Trusts
Real Estate
Wolfe Research initiated coverage of RLJ Lodging Trust with a rating of Outperform and set a new price target of $15.00
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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 |
Net Income per share attributable to common shareholders of $0.15 Adjusted FFO per diluted common share and unit of $0.48 Adjusted EBITDA of $104.0 million Repurchased 0.8 million shares and addressed all near term maturities RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three and six months ended June 30, 2025. Second Quarter Highlights Portfolio Comparable RevPAR of $155.08, a decrease of 2.1% over the prior year Total Revenues of $363.1 million Net Income of $28.6 million Comparable Hotel EBITDA of $113.0 million Adjusted EBITDA of $104.0 million Adjusted FFO per diluted common share and unit of $0.48 Repurchased 0.8 million sh
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
4 - RLJ Lodging Trust (0001511337) (Issuer)
4 - RLJ Lodging Trust (0001511337) (Issuer)
3 - RLJ Lodging Trust (0001511337) (Issuer)
4 - RLJ Lodging Trust (0001511337) (Issuer)
4 - RLJ Lodging Trust (0001511337) (Issuer)
Truist downgraded RLJ Lodging Trust from Buy to Hold and set a new price target of $10.00 from $11.00 previously
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
10-Q - RLJ Lodging Trust (0001511337) (Filer)
8-K - RLJ Lodging Trust (0001511337) (Filer)
10-Q - RLJ Lodging Trust (0001511337) (Filer)
Net Income per share attributable to common shareholders of $0.15 Adjusted FFO per diluted common share and unit of $0.48 Adjusted EBITDA of $104.0 million Repurchased 0.8 million shares and addressed all near term maturities RLJ Lodging Trust (the "Company") (NYSE:RLJ) today reported results for the three and six months ended June 30, 2025. Second Quarter Highlights Portfolio Comparable RevPAR of $155.08, a decrease of 2.1% over the prior year Total Revenues of $363.1 million Net Income of $28.6 million Comparable Hotel EBITDA of $113.0 million Adjusted EBITDA of $104.0 million Adjusted FFO per diluted common share and unit of $0.48 Repurchased 0.8 million sh
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
RLJ Lodging Trust (the "Company") (NYSE:RLJ) announced today that following seven successful years at the Company, Sean M. Mahoney, the Company's Executive Vice President and Chief Financial Officer will be retiring in May of this year after a dynamic career spanning over 30 years, including more than 20 years in the hospitality REIT industry. "On behalf of the Board of Trustees and the entire RLJ team, I want to thank Sean for his invaluable contributions during his tenure," said Leslie D. Hale, President and Chief Executive Officer of the Company. "Sean has been a great partner and valued member of our management team. He joined RLJ at a pivotal time as we were transforming and repositio
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
SC 13G/A - RLJ Lodging Trust (0001511337) (Subject)
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SC 13G/A - RLJ Lodging Trust (0001511337) (Subject)