Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
RLJ Lodging Trust (NYSE: RLJ) closed the day trading at $10.66 down -0.37% from the previous closing price of $10.70. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 1.69 million shares were traded. RLJ stock price reached its highest trading level at $10.87 during the session, while it also had its lowest trading level at $10.6.
Ratios:
For a better understanding of RLJ, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.35. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 1.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wolfe Research on January 10, 2024, initiated with a Outperform rating and assigned the stock a target price of $15.
On November 28, 2023, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $13.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 22 ’23 when Collins Arthur Reginald sold 25,000 shares for $11.92 per share. The transaction valued at 298,000 led to the insider holds 30,758 shares of the business.
DAVIS NATHANIEL A sold 39,594 shares of RLJ for $390,793 on Nov 10 ’23. The Director now owns 43,423 shares after completing the transaction at $9.87 per share.
Valuation Measures:
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 1670123520 and an Enterprise Value of 3981114368. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.24 while its Price-to-Book (P/B) ratio in mrq is 0.85. Its current Enterprise Value per Revenue stands at 2.98 whereas that against EBITDA is 12.065.
Stock Price History:
Over the past 52 weeks, RLJ has reached a high of $12.39, while it has fallen to a 52-week low of $9.00. The 50-Day Moving Average of the stock is -8.07%, while the 200-Day Moving Average is calculated to be -0.74%.
Shares Statistics:
Over the past 3-months, RLJ traded about 1.25M shares per day on average, while over the past 10 days, RLJ traded about 1290510 shares per day. A total of 155.78M shares are outstanding, with a floating share count of 151.07M. Insiders hold about 3.03% of the company’s shares, while institutions hold 92.86% stake in the company. Shares short for RLJ as of 1713139200 were 10747885 with a Short Ratio of 8.63, compared to 1710460800 on 10322914. Therefore, it implies a Short% of Shares Outstanding of 10747885 and a Short% of Float of 10.319999600000001.
Dividends & Splits
RLJ’s forward annual dividend rate is 0.38, up from 0.38 a year ago. Against a Trailing Annual Dividend Yield of 0.03551402The stock’s 5-year Average Dividend Yield is 3.3.
