Brokerages Set Service Properties Trust (NASDAQ:SVC) PT at $2.67

Service Properties Trust (NASDAQ:SVC) has received an average recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $2.5625.

A number of analysts have recently issued reports on SVC shares. LADENBURG THALM/SH SH started coverage on Service Properties Trust in a report on Tuesday. They issued a “buy” rating and a $2.25 target price for the company. Wall Street Zen lowered Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. B. Riley Financial upped their target price on Service Properties Trust from $2.00 to $2.50 and gave the company a “buy” rating in a report on Wednesday, June 17th. Weiss Ratings cut shares of Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. Finally, Odeon Capital Group assumed coverage on shares of Service Properties Trust in a research report on Friday, May 8th. They set a “buy” rating and a $3.50 price objective on the stock.

Service Properties Trust Price Performance

NASDAQ SVC opened at $1.68 on Friday. The business’s fifty day moving average is $1.64 and its two-hundred day moving average is $1.83. The stock has a market capitalization of $1.09 billion, a P/E ratio of -1.18 and a beta of 1.65. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.01 and a current ratio of 0.01. Service Properties Trust has a 1 year low of $1.13 and a 1 year high of $3.08.

Service Properties Trust shares are set to reverse split on Tuesday, July 7th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, July 6th.

Service Properties Trust (NASDAQ:SVC) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.40. Service Properties Trust had a negative return on equity of 38.18% and a negative net margin of 13.59%.The business had revenue of $364.45 million during the quarter, compared to analyst estimates of $347.82 million. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. On average, research analysts forecast that Service Properties Trust will post 0.25 earnings per share for the current fiscal year.

Service Properties Trust Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Tuesday, April 21st were paid a $0.01 dividend. The ex-dividend date was Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a yield of 2.4%. Service Properties Trust’s payout ratio is -2.82%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Yorkville Advisors Global LP acquired a new stake in Service Properties Trust in the 1st quarter worth $28,333,000. Lonestar Capital Management LLC acquired a new position in shares of Service Properties Trust during the third quarter valued at about $7,412,000. Goldman Sachs Group Inc. lifted its stake in shares of Service Properties Trust by 114.8% in the first quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock valued at $10,749,000 after buying an additional 2,200,754 shares during the period. Silver Point Capital L.P. lifted its stake in shares of Service Properties Trust by 93.3% in the fourth quarter. Silver Point Capital L.P. now owns 3,439,000 shares of the real estate investment trust’s stock valued at $6,328,000 after buying an additional 1,660,000 shares during the period. Finally, Philosophy Capital Management LLC acquired a new stake in Service Properties Trust during the third quarter worth about $3,838,000. Institutional investors and hedge funds own 77.62% of the company’s stock.

About Service Properties Trust

Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.