RLJ Lodging Trust (NYSE:RLJ) will issue its quarterly earnings data after the market closes on Tuesday, February 27th. Analysts expect the company to announce earnings of $0.13 per share for the quarter.
RLJ Lodging Trust (RLJ) opened at $21.14 on Monday. RLJ Lodging Trust has a twelve month low of $19.12 and a twelve month high of $23.98. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $3,697.60, a PE ratio of 8.66, a PEG ratio of 1.77 and a beta of 1.10.
RLJ has been the subject of several research reports. Zacks Investment Research lowered RLJ Lodging Trust from a “hold” rating to a “sell” rating in a research note on Wednesday, December 6th. KeyCorp raised RLJ Lodging Trust from a “sector weight” rating to an “overweight” rating and set a $25.00 target price for the company in a research note on Tuesday, December 19th. TheStreet lowered RLJ Lodging Trust from a “b-” rating to a “c+” rating in a research note on Wednesday, November 8th. Robert W. Baird set a $23.00 target price on RLJ Lodging Trust and gave the stock a “hold” rating in a research note on Sunday, October 29th. Finally, Deutsche Bank upped their target price on RLJ Lodging Trust from $22.00 to $23.00 and gave the stock a “hold” rating in a research note on Friday, February 9th. Three analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $23.45.
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.
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