RLJ Lodging Trust (NYSE: RLJ)’s stock price has gone rise by 1.98 in comparison to its previous close of 9.61, however, the company has experienced a 1.34% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-17 that Every month we screen for potential dividend growth opportunities, which can provide some new potential ideas that could otherwise slip by. While we look for more consistent dividend growers with relatively higher yields, we also include safety in terms of earnings stability or growth potential in the screening process. We look at five of those that screen the highest based on yield, and this month, we have two new names that haven’t made the discussion portion before.
Is It Worth Investing in RLJ Lodging Trust (NYSE: RLJ) Right Now?
RLJ Lodging Trust (NYSE: RLJ) has a higher price-to-earnings ratio of 33.86x compared to its average ratio. RLJ has 36-month beta value of 1.70. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 1 as “sell.”
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The public float for RLJ is 148.65M, and currently, short sellers hold a 9.32% ratio of that float. The average trading volume of RLJ on November 22, 2024 was 1.63M shares.
RLJ’s Market Performance
The stock of RLJ Lodging Trust (RLJ) has seen a 1.34% increase in the past week, with a 8.89% rise in the past month, and a 2.83% gain in the past quarter. The volatility ratio for the week is 2.14%, and the volatility levels for the past 30 days are at 2.74% for RLJ.. The simple moving average for the past 20 days is 4.34% for RLJ’s stock, with a -3.42% simple moving average for the past 200 days.
Analysts’ Opinion of RLJ
Wells Fargo, on the other hand, stated in their research note that they expect to see RLJ reach a price target of $9, previously predicting the price at $11. The rating they have provided for RLJ stocks is “Underweight” according to the report published on September 13th, 2024.
Compass Point gave a rating of “Neutral” to RLJ, setting the target price at $10 in the report published on August 05th of the current year.
RLJ Trading at 4.88% from the 50-Day Moving Average
After a stumble in the market that brought RLJ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.90% of loss for the given period.
Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 2.14%, as shares surge +7.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.77% upper at present.
During the last 5 trading sessions, RLJ rose by +1.34%, which changed the moving average for the period of 200-days by -14.86% in comparison to the 20-day moving average, which settled at $9.39. In addition, RLJ Lodging Trust saw -16.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RLJ starting from Collins Arthur Reginald, who sale 25,000 shares at the price of $11.92 back on Dec 22 ’23. After this action, Collins Arthur Reginald now owns 30,758 shares of RLJ Lodging Trust, valued at $298,000 using the latest closing price.
Stock Fundamentals for RLJ
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.18 for the gross margin
The net margin for RLJ Lodging Trust stands at 0.05. The total capital return value is set at 0.01. Equity return is now at value 3.03, with 1.44 for asset returns.
Based on RLJ Lodging Trust (RLJ), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.96. The interest coverage ratio of the stock is 0.52.
Currently, EBITDA for the company is 329.53 million with net debt to EBITDA at 5.85. When we switch over and look at the enterprise to sales, we see a ratio of 2.54. The receivables turnover for the company is 51.41for trailing twelve months and the total asset turnover is 0.28.
Conclusion
To put it simply, RLJ Lodging Trust (RLJ) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
