RLJ Lodging Trust with ticker code (RLJ) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 18 and 10.5 with the average target price sitting at $14.39. Given that the stocks previous close was at $10.34 this is indicating there is a potential upside of 39.2%. There is a 50 day moving average of $11.20 while the 200 day moving average is $11.48. The market cap for the company is $1,681m. Visit the company website at: https://www.rljlodgingtrust.com
The potential market cap would be $2,340m based on the market consensus.
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company’s portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
The company has a dividend yield of 3.09% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 103.5, revenue per share of 7.37 and a 1.5% return on assets.
