RLJ Lodging Trust (NYSE: RLJ) is -31.24% lower on its value in year-to-date trading and has touched a low of $6.16 and a high of $11.25 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 $7.09 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $7.02, the stock is 0.22% and -14.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.57 million and changing -0.99% at the moment leaves the stock -24.00% off its SMA200. RLJ registered -36.66% loss for a year compared to 6-month loss of -22.73%. The firm has a 50-day simple moving average (SMA 50) of $8.185 and a 200-day simple moving average (SMA200) of $9.2417.
The stock witnessed a -12.47% gain in the last 1 month and extending the period to 3 months gives it a -29.87%, and is 2.18% 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 3.25% over the week and 5.90% over the month.
RLJ Lodging Trust (RLJ) has around 73 employees, a market worth around $1.07B and $1.37B in sales. Current P/E ratio is 25.82 and Fwd P/E is 44.02. Profit margin for the company is 3.07%. Distance from 52-week low is 13.96% and -37.61% from its 52-week high. The company has generated returns on investments over the last 12 months (0.95%).
with sales reaching $327.26M over the same period.The EPS is expected to shrink by -51.76% this year, but quarterly earnings will post 0.61% year-over-year. Quarterly sales are estimated to grow 0.88% in year-over-year returns.
RLJ Lodging Trust (RLJ) Top Institutional Holders
317.0 institutions hold shares in RLJ Lodging Trust (RLJ), with institutional investors hold 103.07% of the company’s shares. The shares outstanding are 153.30M, and float is at 146.72M with Short Float at 8.48%. Institutions hold 99.81% 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 16.4864% 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 14.2349 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 7.49 million shares representing 4.8742% and valued at over $72.12 million, while STATE STREET CORP holds 4.5932 of the shares totaling 7.06 million with a market value of $68.64 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 10,000 shares of the company’s common stock on Mar 28 ’25 at a price of $8.03 per share for a total of $80298.0. Following the purchase, the insider now owns 0.12 million shares.
RLJ Lodging Trust disclosed in a document filed with the SEC on Mar 07 ’25 that Gibson Patricia L (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $9.38 per share for $93783.0. Following the transaction, the insider now directly holds 0.11 million shares of the RLJ stock.