RLJ Lodging Trust (NYSE: RLJ) is -6.93% lower on its value in year-to-date trading and has touched a low of $3.88 and a high of $17.34 in the current 52-week trading range. The RLJ stock was last observed hovering at around $13.52 in the last trading session, with the day’s loss setting it -0.35% off its average median price target of $14.00 for the next 12 months. It is also 37.29% off the consensus price target high of $21.00 offered by 11 analysts, but current levels are -46.33% lower than the price target low of $9.00 for the same period.
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Currently trading at $13.17, the stock is -5.08% and 9.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.21 million and changing -2.59% at the moment leaves the stock 35.05% off its SMA200. RLJ registered -22.89% loss for a year compared to 6-month gain of 55.49%. The firm has a 50-day simple moving average (SMA 50) of $13.36 and a 200-day simple moving average (SMA200) of $10.08.
The stock witnessed a -0.38% loss in the last 1 month and extending the period to 3 months gives it a 48.48%, and is -9.11% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.51% over the week and 4.18% over the month.
RLJ Lodging Trust (RLJ) has around 87 employees, a market worth around $2.18B and $729.10M in sales. Profit margin for the company is -42.30%. Distance from 52-week low is 239.43% and -24.05% from its 52-week high. The company has generated returns on investments over the last 12 months (4.40%).
RLJ Lodging Trust (RLJ) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for RLJ Lodging Trust (RLJ) is a “Hold”. 11 analysts offering their recommendations for the stock have an average rating of 2.70, where 7 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
RLJ Lodging Trust is expected to release its quarterly report on 05/12/2021 and quarterly earnings per share for the current quarter are estimated at -$0.64 with sales reaching $102.3M over the same period.The EPS is expected to shrink by -36.50% this year, but quarterly earnings will post -69.20% year-over-year. Quarterly sales are estimated to shrink -70.50% in year-over-year returns.
RLJ Lodging Trust (RLJ) Top Institutional Holders
288 institutions hold shares in RLJ Lodging Trust (RLJ), with 2.37M shares held by insiders accounting for 1.45% while institutional investors hold 91.67% of the company’s shares. The shares outstanding are 163.61M, and float is at 162.64M with Short Float at 6.36%. Institutions hold 90.35% of the Float.
The top institutional shareholder in the company is FMR, LLC with over 24.7 million shares valued at $213.94 million. The investor’s holdings represent 14.97% of the RLJ Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 22.64 million shares valued at $196.02 million to account for 13.72% of the shares outstanding. The other top investors are Blackrock Inc. which holds 17.64 million shares representing 10.69% and valued at over $152.73 million, while AllianceBernstein, L.P. holds 5.80% of the shares totaling 9.57 million with a market value of $82.85 million.
RLJ Lodging Trust (RLJ) Insider Activity
The most recent transaction is an insider purchase by Gibson Patricia L, the company’s Director. SEC filings show that Gibson Patricia L bought 2,500 shares of the company’s common stock on Mar 10 at a price of $10.07 per share for a total of $25175.0. Following the purchase, the insider now owns 48508.0 shares.
RLJ Lodging Trust disclosed in a document filed with the SEC on Mar 09 that Gibson Patricia L (Director) bought a total of 2,500 shares of the company’s common stock. The trade occurred on Mar 09 and was made at $10.51 per share for $26275.0. Following the transaction, the insider now directly holds 46008.0 shares of the RLJ stock.
Still, SEC filings show that on Mar 05, Gibson Patricia L (Director) acquired 5,000 shares at an average price of $12.62 for $63100.0. The insider now directly holds 43,508 shares of RLJ Lodging Trust (RLJ).
RLJ Lodging Trust (RLJ): Who are the competitors?
The company’s main competitors (and peers) include DiamondRock Hospitality Company (DRH) that is trading -22.20% down over the past 12 months. Sotherly Hotels Inc. (SOHO) is -62.95% down on the 1-year trading charts. Short interest in the company’s stock has risen 0.68% from the last report on Nov 12, 2020 to stand at a total of 10.28 million short shares sold with a short interest ratio of 7.12.