RLJ Lodging Trust (NYSE: RLJ) is -1.37% lower on its value in year-to-date trading and has touched a low of $8.74 and a high of $12.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RLJ stock was last observed hovering at around $9.78 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $10.07, the stock is 1.17% and -0.15% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing 2.97% at the moment leaves the stock 2.81% off its SMA200. RLJ registered -12.59% loss for a year compared to 6-month gain of 7.82%. The firm has a 50-day simple moving average (SMA 50) of $10.08 and a 200-day simple moving average (SMA200) of $9.80465.
The stock witnessed a -0.98% loss in the last 1 month and extending the period to 3 months gives it a 11.89%, and is 1.61% up 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 2.35% over the week and 2.25% over the month.
RLJ Lodging Trust (RLJ) has around 79 employees, a market worth around $1.55B and $1.36B in sales. Current P/E ratio is 34.80 and Fwd P/E is 53.22. Profit margin for the company is 3.29%. Distance from 52-week low is 15.15% and -18.72% from its 52-week high. The company has generated returns on investments over the last 12 months (0.96%).
with sales reaching $324.1M over the same period.The EPS is expected to shrink by -24.66% this year, but quarterly earnings will post 2.86% year-over-year. Quarterly sales are estimated to grow 1.37% in year-over-year returns.
RLJ Lodging Trust (RLJ) Top Institutional Holders
311.0 institutions hold shares in RLJ Lodging Trust (RLJ), with institutional investors hold 96.06% of the company’s shares. The shares outstanding are 153.63M, and float is at 148.60M with Short Float at 7.07%. Institutions hold 93.38% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.33 million shares valued at $243.93 million. The investor’s holdings represent 16.5587% of the RLJ Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 21.87 million shares valued at $210.61 million to account for 14.2973 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 7.49 million shares representing 4.8956% and valued at over $72.12 million, while STATE STREET CORP holds 4.6133 of the shares totaling 7.06 million with a market value of $68.64 million.
RLJ Lodging Trust (RLJ) Insider Activity
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