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RLJ Lodging Trust

RLJ Lodging Trust (RLJ)

8.77
-0.08
(-0.90%)
Closed November 04 4:00PM
8.77
0.00
(0.00%)
After Hours: 4:55PM

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Key stats and details

Current Price
8.77
Bid
-
Ask
-
Volume
1,349,854
8.755 Day's Range 8.99
8.77 52 Week Range 12.39
Market Cap
Previous Close
8.85
Open
8.87
Last Trade
151940
@
8.77
Last Trade Time
Financial Volume
$ 11,952,887
VWAP
8.8549
Average Volume (3m)
1,477,484
Shares Outstanding
155,024,153
Dividend Yield
6.84%
PE Ratio
26.53
Earnings Per Share (EPS)
0.33
Revenue
1.33B
Net Profit
51.29M

About RLJ Lodging Trust

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 ... 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 districts within metropolitan areas where utmost of their customers are business, leisure, and other travelers. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels. Show more

Sector
Real Estate Investment Trust
Industry
Real Estate Investment Trust
Headquarters
Lutherville Timonium, Maryland, USA
Founded
-
RLJ Lodging Trust is listed in the Real Estate Investment Trust sector of the New York Stock Exchange with ticker RLJ. The last closing price for RLJ Lodging was $8.85. Over the last year, RLJ Lodging shares have traded in a share price range of $ 8.77 to $ 12.39.

RLJ Lodging currently has 155,024,153 shares outstanding. The market capitalization of RLJ Lodging is $1.37 billion. RLJ Lodging has a price to earnings ratio (PE ratio) of 26.53.

RLJ Latest News

RLJ Lodging Trust Announces Dividends for Third Quarter of 2024

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...

RLJ Lodging Trust Sets Dates for Third Quarter 2024 Earnings Release and Conference Call

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...

RLJ Lodging Trust Acquires Hotel Teatro in Denver

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...

RLJ Lodging Trust Reports Second Quarter 2024 Results

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...

RLJ Lodging Trust Announces Dividends for Second Quarter of 2024

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...

RLJ Lodging Trust Sets Dates for Second Quarter 2024 Earnings Release and Conference Call

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...

RLJ Lodging Trust Reports First Quarter 2024 Results

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...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.38-4.153005464489.159.2258.7716387449.0086013CS
4-0.61-6.503198294249.389.498.7714070689.11254474CS
12-0.26-2.879291251389.0310.0058.7714774849.25377651CS
26-2.29-20.70524412311.0611.168.7714410029.5167492CS
52-0.68-7.195767195779.4512.398.77141121210.3939303CS
156-5.71-39.433701657514.4816.228.77161588911.30255833CS
260-7.7-46.751669702516.4718.173.88160017011.5795284CS

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RLJ Discussion

View Posts
free_bee free_bee 11 years ago
ighlights from the ratings report include:

RLJ's revenue growth has slightly outpaced the industry average of 6.8%. Since the same quarter one year prior, revenues slightly increased by 9.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
RLJ LODGING TRUST reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, RLJ LODGING TRUST increased its bottom line by earning $0.87 versus $0.40 in the prior year. This year, the market expects an improvement in earnings ($1.01 versus $0.87).
The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 99.9% when compared to the same quarter one year prior, rising from $13.73 million to $27.45 million.

http://www.thestreet.com/story/12548903/1/today-rlj-lodging-rlj-hits-new-lifetime-high.html
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