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The price of RLJ Lodging Trust (NYSE: RLJ) closed at $10.91 in the last session, down -0.46% from day before closing price of $10.96. In other words, the price has decreased by -$0.46 from its previous closing price. On the day, 1.23 million shares were traded. RLJ stock price reached its highest trading level at $11.05 during the session, while it also had its lowest trading level at $10.84.
Ratios:
We take a closer look at RLJ’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.30. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.84.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3410749440 and an Enterprise Value of 3857180416. As of this moment, RLJ’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.04, and their Forward P/E ratio for the next fiscal year is 33.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.28 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 2.909 whereas that against EBITDA is 11.451.
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 -7.30%, while the 200-Day Moving Average is calculated to be 2.13%.
Shares Statistics:
According to the various share statistics, RLJ traded on average about 1.31M shares per day over the past 3-months and 1091200 shares per day over the past 10 days. A total of 155.30M shares are outstanding, with a floating share count of 151.12M. Insiders hold about 2.99% of the company’s shares, while institutions hold 93.56% stake in the company. Shares short for RLJ as of 1711584000 were 7871766 with a Short Ratio of 6.00, compared to 1709164800 on 10287078. Therefore, it implies a Short% of Shares Outstanding of 7871766 and a Short% of Float of 7.57.
Dividends & Splits
The forward annual dividend rate for RLJ is 0.38, which was 0.36 in the trailing 12 months. The stock’s 5-year Average Dividend Yield is 3.36.
Earnings Estimates
The market rating for RLJ Lodging Trust (RLJ) is a result of the insights provided by Ralph Lauren Corporation analysts actively involved in the assessment.The consensus estimate for the next quarter is $137.09, with high estimates of $1.81 and low estimates of $58.69.
