RLJ Lodging Trust [RLJ] has traded in a range of $3.88 to $18.17 in the last 1 year. As of this writing, the stock is at $8.68, up 4.20%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, RLJ shares are -5.14% down with the monthly amount drift of -15.89% and seems bad in a long time frame.

On 5, October 2020, RLJ Lodging Trust Sets Dates for Third Quarter 2020 Earnings Release and Conference Call. According to news published on Yahoo Finance, RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the third quarter ended September 30, 2020, after the markets close on November 4, 2020. The Company will also host a conference call on November 5, 2020, at 11:00 a.m. (Eastern Time).

Analyst Birdseye View:

The most recent analyst activity for RLJ Lodging Trust [NYSE:RLJ] stock was on September 29, 2020, when it was Downgrade with an Underperform rating from BofA Securities, which also lowered its 12-month price target on the stock from $11 to $9.50. Before that, on October 05, 2020, Compass Point Recapitulated a Neutral rating and elevated its amount target to $9.50. On July 24, 2020, SunTrust Upgrade a Hold rating. On June 29, 2020, CapitalOne Upgrade an Overweight rating and increased its price target to $11.50. On June 10, 2020, Robert W. Baird Downgrade a Neutral rating and increased its price target to $13. On March 17, 2020, Barclays Downgrade an Equal weight rating and boosted its amount on this stock to $8. On March 09, 2020, Wells Fargo Downgrade an Equal weight rating and decreased its target amount on this stock from $17 to $11.50. On January 07, 2020, Raymond James Upgrade an Outperform rating and improved its amount target to $20.

In the past 52 weeks of trading, this stock has oscillated between a low of $3.88 and a peak of $18.17. Right now, according to Wall Street analyst the average 12-month amount target is $10.40. At the most recent market close, shares of RLJ Lodging Trust [NYSE:RLJ] were valued at $8.68. According to the average price forecast, investors can expect a potential return of 0.48%.

FUNDAMENTAL ANALYSIS

RLJ Lodging Trust [NYSE:RLJ] most recently reported quarterly sales of 32.59 billion, which represented growth of -92.70%. This publicly-traded organization’s revenue is $18,064,276 per employee, while its income is $1,469,414 per employee. This company’s Gross Margin is currently 32.70%, its Operating Margin is -3.50%, its Pretax Margin is +7.99, and its Net Margin is +8.13. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 2.16, 3.83, 2.52 and 2.35 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 41.98 and the whole liability to whole assets at 39.59. It shows enduring liability to the whole principal at 41.92 and enduring liability to assets at 0.40 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 8.27 points at 1st support level, the second support level is making up to 7.86. But as of 1st resistance point, this stock is sitting at 8.89 and at 9.10 for 2nd resistance point.

RLJ Lodging Trust [RLJ] reported its earnings at -$0.74 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.71/share signifying the difference of -0.03 and -4.20% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.21 calling estimates for -$0.09/share with the difference of -0.12 depicting the surprise of -133.30%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.93 and it’s amount to book ratio is 1.06.

Insider Stories

The most recent insider trade was by Gibson Patricia L, Director, and it was the purchase of 2500.0 shares on Mar 10. Gibson Patricia L, the Director, completed a purchase of 2500.0 shares on Mar 09. On Mar 05, Gibson Patricia L, Director, completed a purchase of 5000.0 shares.