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In the latest session, RLJ Lodging Trust (NYSE: RLJ) closed at $9.90 up 0.30% from its previous closing price of $9.87. In other words, the price has increased by $0.30 from its previous closing price. On the day, 1.43 million shares were traded. RLJ stock price reached its highest trading level at $9.935 during the session, while it also had its lowest trading level at $9.78.
Ratios:
For a deeper understanding of RLJ Lodging Trust’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.19. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
On September 13, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $11 to $9.
Compass Point Downgraded its Buy to Neutral on August 05, 2024, whereas the target price for the stock was revised from $18 to $10.
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 1525392000 and an Enterprise Value of 3825661952. As of this moment, RLJ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.21, and their Forward P/E ratio for the next fiscal year is 52.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 0.79. Its current Enterprise Value per Revenue stands at 2.814 whereas that against EBITDA is 11.529.
Stock Price History:
The Beta on a monthly basis for RLJ is 1.68, which has changed by -0.1642676 over the last 52 weeks, in comparison to a change of 0.24440956 over the same period for the S&P500. Over the past 52 weeks, RLJ has reached a high of $12.39, while it has fallen to a 52-week low of $8.74. The 50-Day Moving Average of the stock is -1.77%, while the 200-Day Moving Average is calculated to be 0.86%.
Shares Statistics:
For the past three months, RLJ has traded an average of 1.74M shares per day and 1840940 over the past ten days. A total of 153.63M shares are outstanding, with a floating share count of 148.60M. Insiders hold about 3.07% of the company’s shares, while institutions hold 91.78% stake in the company. Shares short for RLJ as of 1735603200 were 10511515 with a Short Ratio of 6.04, compared to 1732838400 on 13693313. Therefore, it implies a Short% of Shares Outstanding of 10511515 and a Short% of Float of 10.34.
Dividends & Splits
According to the company, the forward annual dividend rate for RLJ is 0.50, from 0.45 in the trailing year. Against a Trailing Annual Dividend Yield of 0.045592703The stock’s 5-year Average Dividend Yield is 2.86.
