While RLJ Lodging Trust has underperformed by -3.40%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, RLJ fell by -5.95%, with highs and lows ranging from $12.39 to $8.74, whereas the simple moving average fell by -5.16% in the last 200 days.
On September 26, 2024, Wolfe Research Downgraded RLJ Lodging Trust (NYSE: RLJ) to Peer Perform. A report published by Wells Fargo on September 13, 2024, Downgraded its rating to ‘Underweight’ for RLJ. Compass Point also Downgraded RLJ shares as ‘Neutral’, setting a target price of $10 on the company’s shares in a report dated August 05, 2024. Wolfe Research Initiated an Outperform rating on January 10, 2024, and assigned a price target of $15. Oppenheimer November 28, 2023d its ‘Perform’ rating to ‘Outperform’ for RLJ, as published in its report on November 28, 2023. Oppenheimer also rated the stock as ‘Outperform’.
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Analysis of RLJ Lodging Trust (RLJ)
A return on investment can be expected regardless of RLJ’s performance over the next quarter with the dividend set at $0.45 per share. Further, the quarter-over-quarter increase in sales is 3.39%, showing a positive trend in the upcoming months.
To gain a thorough understanding of RLJ Lodging Trust’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 3.03% is sufficient for you to turn a profit off your investment.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and RLJ is recording an average volume of 1.62M. On a monthly basis, the volatility of the stock is set at 2.59%, whereas on a weekly basis, it is put at 3.42%, with a gain of 1.90% over the past seven days. Furthermore, long-term investors anticipate a median target price of $11.25, showing growth from the present price of $9.67, which can serve as yet another indication of whether RLJ is worth investing in or should be passed over.
How Do You Analyze RLJ Lodging Trust Shares?
A leading company in the REIT – Hotel & Motel sector, RLJ Lodging Trust (RLJ) is based in the USA. When comparing RLJ Lodging Trust shares with other companies under Real Estate, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 33.41, there is a growth in quarterly earnings of 43.82%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.87%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.39% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
RLJ shares are owned by institutional investors to the tune of 93.39% at present.
