RLJ Lodging Trust (NYSE:RLJ) price on current trading day, fall -5.06% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $7.03.
A look at the stock’s price movement, the level at last check in today’s session was $7.41, moving within a range at $6.955 and $7.31. The beta value (5-Year monthly) was 1.53 while the PE ratio in trailing twelve months stood at 25.87. Turning to its 52-week performance, $11.81 and $6.16 were the 52-week high and 52-week low respectively. Overall, RLJ moved -21.04% over the past month.
RLJ Lodging Trust’s market cap currently stands at around $1.07 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24. The company has a Forward Dividend ratio of 0.53, with its dividend yield at 7.60%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 328.52M for the company’s revenue for the quarter, with a low and high estimate of 318.32M and 332.48M respectively. The average forecast suggests up to a 1.27% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.39B, representing a 1.56% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RLJ is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 1 recommend RLJ as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RLJ’s current price about -11.70% and -20.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 35.72, while 7-day volatility ratio is 12.38% and 5.44% in the 30-day chart. Further, RLJ Lodging Trust (RLJ) has a beta value of 1.51, and an average true range (ATR) of 0.45. Analysts have given the company’s stock an average 52-week price target of $11.5, forecast between a low of $11 and high of $12. Looking at the price targets, the low is -56.47% off recent price level in today’s trading while to achieve the yearly target high, it has to move -70.7%. Nonetheless, investors will most likely welcome a -63.58% jump to $11.5 which is the analysts’ median price.
If we refocus on RLJ Lodging Trust (NYSE:RLJ), historical trading data shows that trading volumes averaged 4.36 over the past 10 days and 2.37 million over the past 3 months. The company’s latest data on shares outstanding shows there are 153.30 million shares.
The 3.29% of RLJ Lodging Trust’s shares are in the hands of company insiders while institutional holders own 98.07% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.5 million on 2025-03-14, giving us a short ratio of 5.19. The data shows that as of 2025-03-14 short interest in RLJ Lodging Trust (RLJ) stood at 1147.00004 of shares outstanding, with shares short falling to 12.85 million registered in 2025-02-14. Current price change has pushed the stock -31.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RLJ stock continues to rise going into the next quarter.
