The closing price of RLJ Lodging Trust (NYSE: RLJ) was $10.29 for the day, down -3.20% from the previous closing price of $10.63. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 2404081 shares were traded. RLJ stock price reached its highest trading level at $10.59 during the session, while it also had its lowest trading level at $10.23.
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Our analysis of RLJ’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.18. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.10.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 23 when Gibson Patricia L bought 5,000 shares for $10.47 per share. The transaction valued at 52,350 led to the insider holds 79,635 shares of the business.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RLJ now has a Market Capitalization of 1.74B and an Enterprise Value of 3.96B. As of this moment, RLJ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.88, and their Forward P/E ratio for the next fiscal year is 22.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 3.13 whereas that against EBITDA is 11.52.
Stock Price History:
Over the past 52 weeks, RLJ has reached a high of $14.31, while it has fallen to a 52-week low of $9.27. The 50-Day Moving Average of the stock is 10.32, while the 200-Day Moving Average is calculated to be 11.28.
RLJ traded an average of 1.99M shares per day over the past three months and 2.12M shares per day over the past ten days. A total of 159.48M shares are outstanding, with a floating share count of 158.33M. Insiders hold about 0.20% of the company’s shares, while institutions hold 95.70% stake in the company. Shares short for RLJ as of May 14, 2023 were 8.93M with a Short Ratio of 10.27M, compared to 9.94M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.61% and a Short% of Float of 7.81%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.19, RLJ has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 1.79%, it implies a Forward Annual Dividend Yield of 3.11%. The stock’s 5-year Average Dividend Yield is 3.97.
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.2, while EPS last year was $0.16. The consensus estimate for the next quarter is $0.05, with high estimates of $0.07 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.31 and $0.31 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.46, with 1 analysts recommending between $0.46 and $0.46.
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $361.3M to a low estimate of $347.83M. As of the current estimate, RLJ Lodging Trust’s year-ago sales were $330.5M, an estimated increase of 8.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $331.12M, an increase of 6.20% less than the figure of $8.10% in the same quarter last year. There is a high estimate of $335.17M for the next quarter, whereas the lowest estimate is $322.17M.
A total of 5 analysts have provided revenue estimates for RLJ’s current fiscal year. The highest revenue estimate was $1.33B, while the lowest revenue estimate was $1.3B, resulting in an average revenue estimate of $1.31B. In the same quarter a year ago, actual revenue was $1.19B, up 10.10% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $1.4B in the next fiscal year. The high estimate is $1.48B and the low estimate is $1.35B. The average revenue growth estimate for next year is up 6.90% from the average revenue estimate for this year.