Taking On Challenges And Growing? – RLJ Lodging Trust (RLJ)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for RLJ Lodging Trust (RLJ) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.68, or -5.61%, to $11.44. Volume reached 76,793 shares, with price reaching a high of $11.43 and a low of $11.43. Most recently, Yahoo Finance reported about the stock as it publicized that RLJ Lodging Trust Sets Dates for Third Quarter 2022 Earnings Release and Conference Call.


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Stocks Info

This NYSE-listed company operates within the REIT – Hotel & Motel industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $11.43 and fluctuated between $12.29 as its day high and $11.43 as its day low. The current market capitalization of RLJ Lodging Trust is $1.87B. A total of 1.41 million shares were traded on the day, compared to an average of 1.42M shares.

Insider trades can also provide insight into a stock’s future direction. During the recent three months, RLJ has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 33 SELLs from insiders. Insiders purchased 146,849 shares during that period but sold 449,756.

In the most recent transaction, DAVIS NATHANIEL A sold 40,000 shares of RLJ for 14.40 per share on Mar 18. After the transaction, the Director now owns 62,674 company shares.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. RLJ’s most recent ex-dividend date was 09/29/2022 when it declared a $0.05 quarterly dividend that was paid in cash on 10/17/2022. Previously, the company paid the dividend on 07/15/2022 with an ex-dividend date of 06/29/2022. The dividend was $0.01 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for RLJ in the last 3 months, the mean price target is $16.85 with high estimates of $21.00 and low estimates of $13.50. In terms of 52-week highs and lows, RLJ has a high of $16.22 and a low of $10.19.

As of this writing, RLJ has an earnings estimate of $0.4 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.36. The company reported an EPS of $0.49 in the last quarter, which was 16.67% higher than expectations of $0.42.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 11 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RLJ is Hold with a score of 3.90. A total of 4 analysts rated the stock as Buy while 2 rated it as Overweight while 4 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.

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