After Hours
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. Earlier, Yahoo Finance discussed this stock as it revealed RLJ Lodging Trust Reports Fourth Quarter and Full Year 2023 Results.
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Stocks Info
RLJ Lodging Trust is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Hotel & Motel industry. The current market capitalization of RLJ Lodging Trust is $1.89B. A total of 0.81 million shares were traded on the day, compared to an average of 1.47M shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, RLJ has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 25,000 shares. Over the last 12 months, there were 12 BUYs and 12 SELLs from insiders. Insiders purchased 237,359 shares during that period but sold 232,062.
In the most recent transaction, Collins Arthur Reginald sold 25,000 shares of RLJ for 11.92 per share on Dec 22. After the transaction, the Director now owns 30,758 company shares. In a previous transaction on Nov 10, DAVIS NATHANIEL A sold 39,594 shares at 9.87 per share. RLJ shares that Director owns now total 43,423.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. RLJ Lodging Trust pays an annual dividend of $0.04, resulting in a dividend yield of 0.29%, and it has a price to earnings (P/E) ratio of 37.94. RLJ’s most recent ex-dividend date was 12/28/2023 when it declared a $0.10 quarterly dividend that was paid in cash on 1/16/2024. Previously, the company paid the dividend on 10/17/2023 with an ex-dividend date of 9/28/2023. The RLJ stock dividend was $0.10 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, RLJ has a high of $12.18 and a low of $8.98.
As of this writing, RLJ has an earnings estimate of $0.01 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.05 per share and a lower estimate of -$0.03. The company reported an EPS of $0.06 in the last quarter, which was 50.00% higher than expectations of $0.04.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. RLJ’s latest balance sheet shows that the firm has $665.34M in Cash & Short Term Investments as of fiscal 2021. There were $2.53B in debt and $182.59M in liabilities at the time. Its Book Value Per Share was $12.68, while its Total Shareholder’s Equity was $2.41B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 4.00.
