RLJ Lodging Trust (NYSE:RLJ) Receiving Favorable Media Coverage, Analysis Finds

Media headlines about RLJ Lodging Trust (NYSE:RLJ) have been trending positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. RLJ Lodging Trust earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 45.3648988857278 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several equities research analysts have commented on the stock. ValuEngine upgraded shares of RLJ Lodging Trust from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Robert W. Baird reiterated a “hold” rating on shares of RLJ Lodging Trust in a research note on Thursday, December 21st. TheStreet downgraded shares of RLJ Lodging Trust from a “b-” rating to a “c+” rating in a report on Wednesday, November 8th. KeyCorp raised shares of RLJ Lodging Trust from a “sector weight” rating to an “overweight” rating and set a $25.00 price target for the company in a report on Tuesday, December 19th. Finally, Barclays began coverage on shares of RLJ Lodging Trust in a report on Friday, October 6th. They issued an “equal weight” rating and a $24.00 price target for the company. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $23.36.

Shares of RLJ Lodging Trust (RLJ) traded down $0.17 during midday trading on Thursday, hitting $22.95. 126,193 shares of the company traded hands, compared to its average volume of 1,299,864. RLJ Lodging Trust has a one year low of $19.12 and a one year high of $23.98. The company has a debt-to-equity ratio of 0.90, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market capitalization of $4,049.17, a PE ratio of 20.46, a P/E/G ratio of 1.94 and a beta of 1.13.

RLJ Lodging Trust (NYSE:RLJ) last posted its quarterly earnings data on Wednesday, November 8th. The real estate investment trust reported $0.61 EPS for the quarter, topping the consensus estimate of $0.59 by $0.02. The business had revenue of $341.26 million for the quarter, compared to analyst estimates of $347.74 million. RLJ Lodging Trust had a net margin of 12.30% and a return on equity of 5.80%. RLJ Lodging Trust’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.69 earnings per share. equities analysts anticipate that RLJ Lodging Trust will post 2.25 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Friday, December 29th were given a dividend of $0.33 per share. This is an increase from RLJ Lodging Trust’s previous quarterly dividend of $0.22. The ex-dividend date was Thursday, December 28th. This represents a $1.32 dividend on an annualized basis and a yield of 5.75%. RLJ Lodging Trust’s dividend payout ratio is 116.82%.

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RLJ Lodging Trust Company Profile

RLJ Lodging Trust is a self-administered real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. As of December 31, 2016, the Company owned 122 hotels with approximately 20,100 rooms, located in 21 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel.

Insider Buying and Selling by Quarter for RLJ Lodging Trust (NYSE:RLJ)

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