RLJ Lodging Trust which can be found using ticker (RLJ) now have 9 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 18 and 12 suggesting an average Analsyt target price of $14.67. Now with the previous closing price of $9.52 and the analysts are correct then there would likely be a percentage uptick in value of 54.1%. The 50 day MA is $11.42 while the 200 day moving average is $11.56. The company has a market cap of $1,573m. You can visit the company’s website by visiting: https://www.rljlodgingtrust.com
The potential market cap would be $2,424m 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 3.36% with the ex dividend date set at 30-3-2023 (DMY).
Other points of data to note are a P/E ratio of 96.3, revenue per share of 7.37 and a 1.5% return on assets.
