RLJ Lodging

Dividend Yield: 4.20%

RLJ Lodging (NYSE: RLJ) shares currently have a dividend yield of 4.20%.

RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. The company has a P/E ratio of 28.59.

The average volume for RLJ Lodging has been 883,500 shares per day over the past 30 days. RLJ Lodging has a market cap of $3.5 billion and is part of the real estate industry. Shares are up 17.6% year-to-date as of the close of trading on Friday.

TheStreet Ratings rates RLJ Lodging as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from the ratings report include:
  • RLJ's revenue growth has slightly outpaced the industry average of 10.5%. Since the same quarter one year prior, revenues rose by 13.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • RLJ LODGING TRUST has improved earnings per share by 35.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, RLJ LODGING TRUST increased its bottom line by earning $0.87 versus $0.40 in the prior year. This year, the market expects an improvement in earnings ($1.12 versus $0.87).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 30.6% when compared to the same quarter one year prior, rising from $40.51 million to $52.90 million.

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