Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, RLJ Lodging Trust (NYSE: RLJ) closed at $9.70 down -2.51% from its previous closing price of $9.95. In other words, the price has decreased by -$2.51 from its previous closing price. On the day, 2.3 million shares were traded. RLJ stock price reached its highest trading level at $9.99 during the session, while it also had its lowest trading level at $9.655.
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 3.52 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.01. 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 1494576000 and an Enterprise Value of 3795323392. As of this moment, RLJ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.52, and their Forward P/E ratio for the next fiscal year is 51.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 2.792 whereas that against EBITDA is 11.437.
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 $8.74. The 50-Day Moving Average of the stock is -2.16%, while the 200-Day Moving Average is calculated to be -2.09%.
Shares Statistics:
For the past three months, RLJ has traded an average of 1.66M shares per day and 1429460 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 91.80% stake in the company. Shares short for RLJ as of 1734048000 were 12853224 with a Short Ratio of 7.75, compared to 1731628800 on 13776505. Therefore, it implies a Short% of Shares Outstanding of 12853224 and a Short% of Float of 12.640001000000002.
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 0.04522613The stock’s 5-year Average Dividend Yield is 2.86.
