Red Lion Hotels (NYSE:RLH) will be issuing its quarterly earnings data after the market closes on Monday, November 5th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.
Red Lion Hotels (NYSE:RLH) last announced its quarterly earnings results on Thursday, August 9th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11). The firm had revenue of $38.61 million during the quarter, compared to analysts’ expectations of $36.32 million. Red Lion Hotels had a net margin of 2.80% and a negative return on equity of 1.97%.
Shares of NYSE RLH opened at $11.69 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.57 and a quick ratio of 1.57. Red Lion Hotels has a 52-week low of $7.95 and a 52-week high of $14.75.
RLH has been the subject of a number of research reports. Zacks Investment Research lowered Red Lion Hotels from a “buy” rating to a “hold” rating in a report on Thursday, October 11th. B. Riley boosted their price target on Red Lion Hotels from $14.50 to $16.25 and gave the company a “buy” rating in a report on Wednesday, July 25th. ValuEngine upgraded Red Lion Hotels from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 28th. Finally, TheStreet upgraded Red Lion Hotels from a “c” rating to a “b-” rating in a report on Wednesday, August 15th.
In other Red Lion Hotels news, Director Pacific Opportunity F. Columbia sold 126,822 shares of the company’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $13.06, for a total transaction of $1,656,295.32. Following the completion of the sale, the director now owns 703,068 shares in the company, valued at $9,182,068.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Pacific Opportunity F. Columbia sold 18,200 shares of the company’s stock in a transaction on Monday, August 27th. The stock was sold at an average price of $13.90, for a total value of $252,980.00. Following the sale, the director now owns 807,905 shares of the company’s stock, valued at approximately $11,229,879.50. The disclosure for this sale can be found here. Insiders sold 375,917 shares of company stock valued at $4,954,786 in the last quarter. 19.70% of the stock is owned by company insiders.
Red Lion Hotels Company Profile
Red Lion Hotels Corporation, doing business as RLH Corporation, operates as a hospitality and leisure company the United States. It operates in two segments, Company Operated Hotels and Franchised Hotels. The company owns, manages, and franchises upscale, midscale, and economy hotels under the Hotel RL, Red Lion Hotels, Red Lion Inn & Suites, GuestHouse, Settle Inn, Americas Best Value Inn, Canadas Best Value Inn, Signature and Signature Inn, and Country Hearth Inns & Suites brands; America's Best Inn & Suites, Jameson Inns, Lexington Hotels & Inns, and 3 Palm Hotels brands; and Value Inn Worldwide and Value Hotel Worldwide brands.
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