RLJ Lodging Trust (RLJ)
NYSE NYSE Primary 
RLJ Lodging Trust: Preferred Shares Offer A Yield Close To 8%
RLJ Lodging Trust's preferred shares offer a 7.8% yield and are unlikely to be called due to the common stock trading below $10. The REIT's financials are strong, with AFFO covering preferred dividends by a wide margin, ensuring a safety cushion for investors. With $2B in common equity ranking junior to preferred shares, there's a significant buffer against potential losses.
What Makes RLJ Lodging (RLJ) a New Buy Stock
RLJ Lodging (RLJ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
RLJ vs. NHI: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of RLJ Lodging (RLJ) and National Health Investors (NHI). But which of these two stocks presents investors with the better value opportunity right now?
Are Investors Undervaluing RLJ Lodging Trust (RLJ) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
RLJ Lodging Vs Chatham Lodging: Which Is The Better REIT For 2025
RLJ Lodging Trust and Chatham Lodging Trust are REITs focused on hotels in the Sun Belt region. Operating performance at RLJ Lodging is marginally stronger although its sustainability is in doubt given reliance on occupancy growth. Both REITs are attractively valued on a market-implied cap rate basis, with RLJ's higher leverage and interest rate hedging making it more attractive on an AFFO multiple basis.
RLJ Lodging Trust (RLJ) Q3 2024 Earnings Call Transcript
RLJ Lodging Trust (NYSE:RLJ ) Q3 2024 Earnings Conference Call November 7, 2024 12:00 PM ET Company Participants Nikhil Bhalla - Senior Vice President Finance and Treasurer Leslie Hale - President and CEO Sean Mahoney - Executive Vice President and CFO Tom Bardenett - Chief Operating Officer Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Michael Bellisario - Baird Jonathan Jenkins - Oppenheimer & Company Dori Kesten - Wells Fargo Chris Woronka - Deutsche Bank Gregory Miller - Truist Securities Floris van Dijkum - Compass Point Operator Welcome to the RLJ Lodging Trust Third Quarter 2024 Earnings Call. As a reminder, all participants are in listen-only mode and the conference is being recorded.
RLJ Lodging (RLJ) Reports Q3 Earnings: What Key Metrics Have to Say
The headline numbers for RLJ Lodging (RLJ) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
RLJ Lodging (RLJ) Surpasses Q3 FFO and Revenue Estimates
RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of $0.40 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to FFO of $0.40 per share a year ago.
Lock In The 7.5% Dividend Of The Preferred Stock Of RLJ Lodging Trust Before It Falls Further
RLJ Lodging Trust's preferred stock offers a 7.5% yield, down from 8.1%, but remains attractive thanks to the safety of its dividend and potential Fed rate cuts. The REIT owns 96 premium-branded hotels, has recovered from the pandemic, and maintains a healthy balance sheet, ensuring the preferred dividend's safety. The preferred dividend is well-covered with a 9.3 coverage ratio, and the REIT is unlikely to eliminate its common dividend, even in a recession.
RLJ Lodging: Deep Value If Recession Fears Are Overblown
RLJ Lodging is a hotel REIT managing 96 premium-branded urban-centric hotels, with the largest markets being Los Angeles/Anaheim and Washington, DC. The REIT has substantially underperformed the Vanguard Real Estate Index Fund ETF so far in 2024, delivering a 19% loss. The Q2 2024 results were mixed as robust RevPAR growth was offset by elevated expense growth, ultimately resulting in lower Adjusted FFO.
RLJ Lodging (RLJ) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for RLJ Lodging (RLJ) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
RLJ Lodging (RLJ) Q2 FFO and Revenues Beat Estimates
RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.56 per share a year ago.
