RLJ Lodging Trust (NYSE: RLJ) kicked off on Tuesday, down -0.11% from the previous trading day, before settling in for the closing price of $9.11. Over the past 52 weeks, RLJ has traded in a range of $8.79-$12.39.
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It was noted that within the last five years, the titan of the Real Estate sector saw sales topped by 9.64%. While this was happening, its average annual earnings per share was recorded -55.82%. With a float of $150.45 million, this company’s outstanding shares have now reached $155.30 million.
The extent of productivity of a business whose workforce counts for 79 workers is very important to gauge. In terms of profitability, gross margin is 18.3%, operating margin of 16.83%, and the pretax margin is 5.02%.
RLJ Lodging Trust (RLJ) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the REIT – Hotel & Motel Industry. The insider ownership of RLJ Lodging Trust is 2.87%, while institutional ownership is 92.10%. The most recent insider transaction that took place on Dec 22 ’23, was worth 298,000. In this transaction Director of this company sold 25,000 shares at a rate of $11.92, taking the stock ownership to the 30,758 shares. Before that another transaction happened on Nov 10 ’23, when Company’s Director sold 39,594 for $9.87, making the entire transaction worth $390,793. This insider now owns 43,423 shares in total.
RLJ Lodging Trust (RLJ) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.06 earnings per share (EPS), higher than consensus estimate (set at 0.04) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -55.82% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.15% during the next five years compared to -19.14% drop over the previous five years of trading.
RLJ Lodging Trust (NYSE: RLJ) Trading Performance Indicators
Take a look at RLJ Lodging Trust’s (RLJ) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05. Likewise, its price to free cash flow for the trailing twelve months is 6.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.26, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.18 in one year’s time.
Technical Analysis of RLJ Lodging Trust (RLJ)
The latest stats from [RLJ Lodging Trust, RLJ] show that its last 5-days average volume of 1.03 million was inferior to 1.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.26%. Additionally, its Average True Range was 0.20.
During the past 100 days, RLJ Lodging Trust’s (RLJ) raw stochastic average was set at 22.22%, which indicates a significant decrease from 23.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.47% in the past 14 days, which was lower than the 24.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.28, while its 200-day Moving Average is $10.40. Now, the first resistance to watch is $9.15. This is followed by the second major resistance level at $9.19. The third major resistance level sits at $9.25. If the price goes on to break the first support level at $9.04, it is likely to go to the next support level at $8.98. Assuming the price breaks the second support level, the third support level stands at $8.94.
RLJ Lodging Trust (NYSE: RLJ) Key Stats
The company with the Market Capitalisation of 1.41 billion has total of 155,901K Shares Outstanding. Its annual sales at the moment are 1,326 M in contrast with the sum of 76,410 K annual income. Company’s last quarter sales were recorded 369,300 K and last quarter income was 37,110 K.
