RLJ Lodging Trust (NYSE: RLJ)’s stock price has plunge by 0.29relation to previous closing price of 10.28. Nevertheless, the company has seen a 2.79% surge in its stock price over the last five trading sessions. businesswire.com reported 2024-12-13 that BETHESDA, Md.–(BUSINESS WIRE)–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 January 15, 2025, to shareholders of record as of December 31, 2024. 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 January 31, 2025, to shareholders of record as of.
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 35.63x compared to its average ratio. RLJ has 36-month beta value of 1.72. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for RLJ is 148.60M, and currently, short sellers hold a 8.65% ratio of that float. The average trading volume of RLJ on December 27, 2024 was 1.68M shares.
RLJ’s Market Performance
RLJ’s stock has seen a 2.79% increase for the week, with a 2.28% rise in the past month and a 8.41% gain in the past quarter. The volatility ratio for the week is 2.36%, and the volatility levels for the past 30 days are at 2.50% for RLJ Lodging Trust The simple moving average for the past 20 days is -0.66% for RLJ’s stock, with a 3.39% 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 5.36% 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 -16.79% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 2.36%, as shares surge +2.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.55% upper at present.
During the last 5 trading sessions, RLJ rose by +2.79%, which changed the moving average for the period of 200-days by -14.72% in comparison to the 20-day moving average, which settled at $10.38. In addition, RLJ Lodging Trust saw -12.03% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for RLJ
Current profitability levels for the company are sitting at:
- 0.11 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 0.03. 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 1.5.
Currently, EBITDA for the company is 336.84 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 2.6. 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 bullish 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.
