RLJ Lodging Trust with ticker code (RLJ) have now 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 18 and 12 with the average target price sitting at $14.67. Given that the stocks previous close was at $9.72 this indicates there is a potential upside of 50.9%. There is a 50 day moving average of $11.36 and the 200 day moving average is $11.52. The company has a market capitalization of $1,597m. You can visit the company’s website by visiting: https://www.rljlodgingtrust.com
The potential market cap would be $2,411m 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 3.29% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 97.8, revenue per share of 7.37 and a 1.5% return on assets.
