RLJ Lodging (NYSE:RLJ) Stock

RLJ Lodging

RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.


When it comes to earning investment income, one of the most relevant investment vehicles is Real Estate Investment Trusts (REITs). REITs must distribute at least 90% of their taxable earnings out as dividends. This can

3 REITs With Big Dividend Growth and Sustainable Payouts

RLJ Lodging Trust Common Shares of Beneficial Interest $0.01 par value

RLJ Lodging Trust

RLJ Lodging Trust $1.95 Series A Cumulative Convertible Preferred Shares

<p>Wells Fargo  analyst Dori Kesten   maintains RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) with a Underweight and lowers the price target from $10.5 to $9.75.</p>


News

Price Target

Analyst Ratings

Wells Fargo Maintains Underweight on RLJ Lodging, Lowers Price Target to $9.75

<p>Across the recent three months, 4 analysts have shared their insights on RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>), expressing a variety of opinions spanning from bullish to bearish.</p>
<p>The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th align="right"><strong>Bullish</strong></th>
<th align="right"><strong>Somewhat Bullish</strong></th>
<th align="right"><strong>Indifferent</strong></th>
<th align="right"><strong>Somewhat Bearish</strong></th>
<th align="right"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
<p>Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $10.62, along with a high estimate of $12.00 and a low estimate of $9.00. Highlighting a 7.65% decrease, the current average has fallen from the previous average price target of $11.50. </p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1733763643_0.png" alt="price target chart" /></p>
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
<p>In examining recent analyst actions, we gain insights into how financial experts perceive RLJ Lodging. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Underweight</td>
<td>$10.50</td>
<td>$10.00</td>
</tr>
<tr>
<td>Tyler Batory</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$12.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Gregory Miller</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$11.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Dori Kesten</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$9.00</td>
<td>$11.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to RLJ Lodging. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of RLJ Lodging compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts provide insights into price targets, offering estimates for the future value of RLJ Lodging's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
<p>Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of RLJ Lodging's market position. Stay informed and make well-informed decisions with our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/RLJ/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on RLJ Lodging analyst ratings.</strong></a></p>
<p>If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.</p>
<h2>Get to Know RLJ Lodging Better</h2>
<p>RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.</p>
<h3>RLJ Lodging: Financial Performance Dissected</h3>
<p><strong>Market Capitalization Analysis:</strong> Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.</p>
<p><strong>Positive Revenue Trend:</strong> Examining RLJ Lodging's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of <strong>3.39%</strong> as of 30 September, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Real Estate sector.</p>
<p><strong>Net Margin:</strong> RLJ Lodging's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of <strong>4.07%,</strong> the company showcases strong profitability and effective cost management.</p>
<p><strong>Return on Equity (ROE):</strong> RLJ Lodging's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.72%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> RLJ Lodging's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>0.29%</strong> ROA, the company effectively utilizes its assets for optimal returns.</p>
<p><strong>Debt Management:</strong> RLJ Lodging's debt-to-equity ratio is below the industry average. With a ratio of <b>1.21</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>Understanding the Relevance of Analyst Ratings</h2>
<p>Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.</p>
<p>In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.</p>
<p><strong>Which Stocks Are Analysts Recommending Now?</strong></p>
<p>Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights"><strong>Click here to stay ahead of the market</strong></a>.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Where RLJ Lodging Stands With Analysts

<p>Wells Fargo  analyst Dori Kesten   maintains RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) with a Underweight and raises the price target from $10 to $10.5.</p>


Wells Fargo Maintains Underweight on RLJ Lodging, Raises Price Target to $10.5

<p>Oppenheimer  analyst Tyler Batory   maintains RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) with a Outperform and raises the price target from $11 to $12.</p>


Oppenheimer Maintains Outperform on RLJ Lodging, Raises Price Target to $12

<p>During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.</p>
<p>Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.</p>
<p>Below are the ratings of the most accurate analysts for three high-yielding stocks in the real estate sector.</p>
<h3 class="wp-block-heading"><strong>OUTFRONT Media Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OUT#NYSE">OUT</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 6.65%</li>
<li><strong>Barrington Research </strong>analyst James Goss maintained an Outperform rating and raised the price target from $17 to $18 on Aug. 13. This analyst has an accuracy rate of 66%.</li>
<li><strong>TD Cowen</strong> analyst Lance Vitanza initiated coverage on the stock with a Hold rating and a price target of $16 on July 16. This analyst has an accuracy rate of 80%.</li>
<li><strong>Recent News:</strong> On Sept. 30, Scott Felenstein joined OUTFRONT Media as Senior Vice President of Brand Partnerships.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1">latest OUT news</a> </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="817" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12050955/image-116.png" alt="" class="wp-image-642417" style="width:728px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12050955/image-116.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12050955/image-116-300x270.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12050955/image-116-768x692.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Omega Healthcare Investors, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OHI#NYSE">OHI</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield:</strong> 6.47%</li>
<li><strong>RBC Capital </strong>analyst Michael Carroll maintained a Sector Perform rating and raised the price target from $39 to $43 on Nov. 11. This analyst has an accuracy rate of 61%.</li>
<li><strong>Wells Fargo </strong>analyst Connor Siversky assumed coverage on the stock with an Overweight rating and raised the price target from $40 to $43 on Oct. 1. This analyst has an accuracy rate of 66%.</li>
<li><strong>Recent News: </strong>On Oct. 30, Omega Healthcare Investors reported better-than-expected third-quarter financial results.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1">latest OHI news</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="903" height="818" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051035/image-117.png" alt="" class="wp-image-642420" style="width:674px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051035/image-117.png 903w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051035/image-117-300x272.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051035/image-117-768x696.png 768w" sizes="(max-width: 903px) 100vw, 903px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>RLJ Lodging Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>)</strong></h3>
<ul>
<li><strong>Dividend Yield: </strong>6.12%</li>
<li><strong>Truist Securities </strong>analyst Gregory Miller maintained a Buy rating and cut the price target from $14 to $11 on Oct. 28. This analyst has an accuracy rate of 68%.</li>
<li><strong>Wolfe Research </strong>analyst Keegan Carl downgraded the stock from Outperform to Peer Perform on Sept. 26. This analyst has an accuracy rate of 67%.</li>
<li><strong>Recent News: </strong>On Nov. 6, RLJ Lodging posted better-than-expected quarterly sales.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1">trend in RLJ stock</a>. </li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/?utm_source=BZprocontent111224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="913" height="830" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051116/image-118.png" alt="" class="wp-image-642422" style="width:645px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051116/image-118.png 913w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051116/image-118-300x273.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/12051116/image-118-768x698.png 768w" sizes="(max-width: 913px) 100vw, 913px" /></a></figure></p>
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Dividends

Pre-Market Outlook

Markets

Trading Ideas

Wall Street's Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 6% Dividend Yields

<p>RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) reported quarterly earnings of $0.09 per share. This is a 50 percent increase over earnings of $0.06 per share from the same period last year.  The company reported quarterly sales of $345.74 million which beat the analyst consensus estimate of $343.14 million by 0.76 percent.  This is a 3.39 percent increase over sales of $334.41 million the same period last year.</p>


Earnings

Earnings Beats

RLJ Lodging Q3 EPS $0.09 Up From $0.06 YoY, Sales $345.74M Beat $343.14M Estimate

<p>RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) affirms FY2024 FFO guidance from $1.45-1.58 to $1.45-1.58 vs $1.51 analyst estimate..</p>


Guidance

RLJ Lodging Affirms FY2024 FFO Guidance from $1.45-1.58 to $1.45-1.58 vs $1.51 Est

<p>RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) will release its quarterly earnings report on Wednesday, 2024-11-06. Here's a brief overview for investors ahead of the announcement.</p>
<p>Analysts anticipate RLJ Lodging to report an <strong>earnings per share</strong> (EPS) of $0.00.</p>
<p>Investors in RLJ Lodging are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.</p>
<p>It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.</p>
<h3>Performance in Previous Earnings</h3>
<p>Last quarter the company beat EPS by $0.05, which was followed by a 0.32% drop in the share price the next day.</p>
<p>Here's a look at RLJ Lodging's past performance and the resulting price change:</p>
<p>
<table>
<thead>
<tr>
<th><strong>Quarter</strong></th>
<th><strong>Q2 2024</strong></th>
<th><strong>Q1 2024</strong></th>
<th><strong>Q4 2023</strong></th>
<th><strong>Q3 2023</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>EPS Estimate</strong></td>
<td>0.15</td>
<td>-0.01</td>
<td>0</td>
<td>0.05</td>
</tr>
<tr>
<td><strong>EPS Actual</strong></td>
<td>0.20</td>
<td>-0.01</td>
<td>0.01</td>
<td>0.06</td>
</tr>
<tr>
<td><strong>Price Change %</strong></td>
<td>-0.0%</td>
<td>-2.0%</td>
<td>-1.0%</td>
<td>6.0%</td>
</tr>
</tbody>
</table>
</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1730833380_0.png" alt="eps graph" /></p>
<h3>Tracking RLJ Lodging's Stock Performance</h3>
<p>Shares of RLJ Lodging were trading at $8.84 as of November 04. Over the last 52-week period, shares are down 9.7%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. </p>
<h3>Analysts' Perspectives on RLJ Lodging</h3>
<p>For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding RLJ Lodging.</p>
<p>The consensus rating for RLJ Lodging is Buy, based on 2 analyst ratings. With an average one-year price target of $10.0, there's a potential 13.12% upside.</p>
<h3>Understanding Analyst Ratings Among Peers</h3>
<p>This comparison focuses on the analyst ratings and average 1-year price targets of Xenia Hotels &amp; Resorts, Pebblebrook Hotel and Diamondrock Hospitality, three major players in the industry, shedding light on their relative performance expectations and market positioning.</p>
<ul>
<li>As per analysts' assessments, Xenia Hotels &amp; Resorts is favoring an Neutral trajectory, with an average 1-year price target of $15.25, suggesting a potential 72.51% upside.</li>
<li>Analysts currently favor an Neutral trajectory for Pebblebrook Hotel, with an average 1-year price target of $13.67, suggesting a potential 54.64% upside.</li>
<li>Diamondrock Hospitality received a Neutral consensus from analysts, with an average 1-year price target of $9.5, implying a potential 7.47% upside.</li>
</ul>
<h3>Peer Analysis Summary</h3>
<p>The peer analysis summary provides a snapshot of key metrics for Xenia Hotels &amp; Resorts, Pebblebrook Hotel and Diamondrock Hospitality, illuminating their respective standings within the industry. These metrics offer valuable insights into their market positions and comparative performance.</p>
<p>
<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>RLJ Lodging</td>
<td>Buy</td>
<td>3.46%</td>
<td>$115.72M</td>
<td>1.55%</td>
</tr>
<tr>
<td>Xenia Hotels &amp; Resorts</td>
<td>Neutral</td>
<td>0.68%</td>
<td>$72.91M</td>
<td>1.19%</td>
</tr>
<tr>
<td>Pebblebrook Hotel</td>
<td>Neutral</td>
<td>3.32%</td>
<td>$124.45M</td>
<td>0.74%</td>
</tr>
<tr>
<td>Diamondrock Hospitality</td>
<td>Neutral</td>
<td>6.19%</td>
<td>$175.78M</td>
<td>1.35%</td>
</tr>
</tbody>
</table>
</p>
<p>Key Takeaway:</p>
<p>RLJ Lodging ranks at the top for Revenue Growth among its peers. It is in the middle for Gross Profit and Return on Equity.</p>
<h3>Delving into RLJ Lodging's Background</h3>
<p>RLJ Lodging Trust is a real estate investment trust that acquires focused-service and compact full-service hotels. Its portfolio consists of hotels in various states across the United States and the District of Columbia. Its hotels are under the Marriott, Hilton, and Hyatt brand names. These hotels are concentrated in urban areas, dense suburban markets, and business districts within metropolitan areas. Its revenue streams include hotel operations revenue, which is composed of the sale of rooms, food, and beverages, and other property revenue. The company derives the substantial majority of its revenue from the operation of hotels.</p>
<h3>Financial Milestones: RLJ Lodging's Journey</h3>
<p><strong>Market Capitalization Analysis:</strong> Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.</p>
<p><strong>Revenue Growth:</strong> RLJ Lodging displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately <strong>3.46%</strong>. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.</p>
<p><strong>Net Margin:</strong> RLJ Lodging's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>8.26%</strong> net margin, the company effectively manages costs and achieves strong profitability.</p>
<p><strong>Return on Equity (ROE):</strong> RLJ Lodging's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive <strong>1.55%</strong> ROE, the company effectively utilizes shareholder equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> RLJ Lodging's ROA stands out, surpassing industry averages. With an impressive ROA of <strong>0.62%</strong>, the company demonstrates effective utilization of assets and strong financial performance.</p>
<p><strong>Debt Management:</strong> The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at <strong>1.19</strong>.</p>
<p><a href="https://www.benzinga.com/quote/RLJ/earnings"><strong>To track all earnings releases for RLJ Lodging visit their earnings calendar on our site.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Earnings Preview: RLJ Lodging

<p>Truist Securities  analyst Gregory Miller   maintains RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) with a Buy and lowers the price target from $14 to $11.</p>


Truist Securities Maintains Buy on RLJ Lodging, Lowers Price Target to $11

<p>Wolfe Research  analyst Keegan Carl   downgrades RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) from Outperform to Peer Perform.</p>


Downgrades

Wolfe Research Downgrades RLJ Lodging to Peer Perform

<p>Wells Fargo  analyst Dori Kesten   downgrades RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) from Equal-Weight to Underweight and lowers the price target from $11 to $9.</p>


Wells Fargo Downgrades RLJ Lodging to Underweight, Lowers Price Target to $9

Offerings

RLJ Lodging Trust Files For Offering Of Up To 2.2M Common Shares By The Selling Shareholders

<p>Compass Point  analyst Floris Van Dijkum   downgrades RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) from Buy to Neutral and announces $10 price target.</p>


Compass Point Downgrades RLJ Lodging to Neutral, Announces $10 Price Target

RLJ Lodging Trust Acquires Hotel Teatro In Denver For $35.5M; 110-Room Boutique Hotel Expected To Generate Over 10% Stabilized Yield

<p>RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.17 by 17.65 percent. This is a 9.09 percent decrease over earnings of $0.22 per share from the same period last year.  The company reported quarterly sales of $369.297 million which beat the analyst consensus estimate of $365.646 million by 1.00 percent.  This is a 3.46 percent increase over sales of $356.960 million the same period last year.</p>


RLJ Lodging Q2 2024 GAAP EPS $0.20 Beats $0.17 Estimate, Sales $369.297M Beat $365.646M Estimate

<p>B of A Securities  analyst Shaun Kelley   maintains RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) with a Underperform and lowers the price target from $12 to $10.</p>


B of A Securities Maintains Underperform on RLJ Lodging, Lowers Price Target to $10

<p>The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.</p>
<p>Here's the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3 class="wp-block-heading"><strong>RLJ Lodging Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>)</strong></h3>
<ul>
<li>On June 14, RLJ Lodging Trust declared a quarterly cash dividend of 10 cents per common share of beneficial interest. The company's stock fell around 5% over the past month and has a <a href="https://www.benzinga.com/quote/RLJ">52-week low of $9.06</a>.</li>
<li><strong>RSI Value:</strong> 29.12</li>
<li><strong>RLJ Price Action:</strong> Shares of RLJ Lodging Trust fell 0.6% to close at $9.46 on Wednesday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062724&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest RLJ&#8217;s news.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="679" height="754" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223029/Screenshot-2024-06-27-at-9.30.24-AM.png" alt="" class="wp-image-407664" style="width:412px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223029/Screenshot-2024-06-27-at-9.30.24-AM.png 679w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223029/Screenshot-2024-06-27-at-9.30.24-AM-270x300.png 270w" sizes="(max-width: 679px) 100vw, 679px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>Weyerhaeuser Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></h3>
<ul>
<li>Weyerhaeuser Company is scheduled to release second quarter 2024 results on Thursday, July 25, after the closing bell. The company's stock fell around 6% over the past month. It <a href="https://www.benzinga.com/quote/WY">has a 52-week low</a> of $27.86.</li>
<li><strong>RSI Value:</strong> 25.02</li>
<li><strong>WY Price Action:</strong> Shares of Weyerhaeuser fell 1.1% to close at $27.96 on Wednesday.</li>
<li>Benzinga Pro's charting tool helped identify the <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062724&amp;t=be2bearmibe3na1">trend in Weyerhaeuser&#8217;s stock</a>.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="688" height="749" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223150/Screenshot-2024-06-27-at-9.31.44-AM.png" alt="" class="wp-image-407665" style="width:445px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223150/Screenshot-2024-06-27-at-9.31.44-AM.png 688w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223150/Screenshot-2024-06-27-at-9.31.44-AM-276x300.png 276w" sizes="(max-width: 688px) 100vw, 688px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>CoStar Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>)</strong></h3>
<ul>
<li>On June 18, CoStar Group named Chris Lown as Chief Financial Officer. &#8220;As we seek to build upon our strong performance in recent years, I&#8217;m confident Chris is the right person to lead CoStar Group&#8217;s financial operations,&#8221; said Andy Florance, Founder and Chief Executive Officer of CoStar Group. The company's stock fell around 13% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/CSGP">low of $67.35</a>.</li>
<li><strong>RSI Value:</strong> 27.30</li>
<li><strong>CSGP Price Action:</strong> Shares of CoStar Group fell 1.4% to close at $72.85 on Wednesday.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent062724&amp;t=be2bearmibe3na1">breakout in CSGP's shares</a>.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="https://pro.benzinga.com/dashboard"><img loading="lazy" decoding="async" width="662" height="749" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223304/Screenshot-2024-06-27-at-9.32.55-AM.png" alt="" class="wp-image-407666" style="width:482px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223304/Screenshot-2024-06-27-at-9.32.55-AM.png 662w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/26223304/Screenshot-2024-06-27-at-9.32.55-AM-265x300.png 265w" sizes="(max-width: 662px) 100vw, 662px" /></a></figure></p>
<p>Also Read This: <a href="https://www.benzinga.com/24/06/39499222/top-3-materials-stocks-that-may-explode-in-q2">Top 3 Materials Stocks That May Explode In Q2</a></p>


Long Ideas

CSGP

Top 3 Real Estate Stocks You'll Regret Missing In June

<p>Baird  analyst Michael Bellisario   maintains RLJ Lodging (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>) with a Outperform and lowers the price target from $13 to $12.</p>


Baird Maintains Outperform on RLJ Lodging, Lowers Price Target to $12

<p>The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.</p>
<p>Here's the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3 class="wp-block-heading"><strong>CoStar Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSGP#NASDAQ">CSGP</a>)</strong></h3>
<ul>
<li>On April 23, CoStar Group reported better-than-expected first-quarter financial results.. The company's stock fell around 14% over the past month and has a <a href="https://www.benzinga.com/quote/CSGP">52-week low of $67.35</a>.</li>
<li><strong>RSI Value:</strong> 24.07</li>
<li><strong>CSGP Price Action:</strong> Shares of CoStar Group rose 0.3% to close at $76.43 on Monday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061124&amp;t=be2bearmibe3na1">Benzinga Pro's real-time newsfeed</a> alerted to latest CoStar Group&#8217;s news.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="672" height="744" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11041857/Screenshot-2024-06-11-at-1.48.50-PM.png" alt="" class="wp-image-381487" style="width:421px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11041857/Screenshot-2024-06-11-at-1.48.50-PM.png 672w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11041857/Screenshot-2024-06-11-at-1.48.50-PM-271x300.png 271w" sizes="(max-width: 672px) 100vw, 672px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>DigitalBridge Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DBRG#NYSE">DBRG</a>)&nbsp;</strong></h3>
<ul>
<li>On April 30, DigitalBridge posted first-quarter earnings of 1 cent per share on revenue of $74.39 million. The company's stock fell around 12% over the past month. It h<a href="https://www.benzinga.com/quote/DBRG">as a 52-week low</a> of $12.33.</li>
<li><strong>RSI Value:</strong> 28.93</li>
<li><strong>DBRG Price Action:</strong> Shares of DigitalBridge Group fell 0.5% to close at $12.88 on Monday.</li>
<li><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061124&amp;t=be2bearmibe3na1">Benzinga Pro's charting tool</a> helped identify the trend in DBRG stock.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="688" height="746" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11041956/Screenshot-2024-06-11-at-1.49.51-PM.png" alt="" class="wp-image-381489" style="width:428px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11041956/Screenshot-2024-06-11-at-1.49.51-PM.png 688w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11041956/Screenshot-2024-06-11-at-1.49.51-PM-277x300.png 277w" sizes="(max-width: 688px) 100vw, 688px" /></a></figure></p>
<h3 class="wp-block-heading"><strong>RLJ Lodging Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>)</strong></h3>
<ul>
<li>On May 1, RLJ Lodging posted better-than-expected quarterly sales. &#8220;Our first quarter RevPAR growth came in line with our expectations given the holiday shift and we once again exceeded the industry while gaining market share,&#8221; commented Leslie D. Hale, President and Chief Executive Officer. The company's stock fell around 6% over the past month and has a 52-week &lt;a href=&#8221;https://www.benzinga.com/quote/RLJ&#8221;&gt;&lt;em&gt; low of $9.06.&lt;/em&gt;&lt;/a&gt;</li>
<li><strong>RSI Value:</strong> 29.64</li>
<li><strong>RLJ Price Action:</strong> Shares of RLJ Lodging Trust gained 0.6% to close at $9.78 on Monday.</li>
<li>Benzinga Pro's signals feature notified of a potential <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061124&amp;t=be2bearmibe3na1">breakout in RLJ&#8217;s shares</a>.</li>
</ul>
<p><figure class="wp-block-image size-full is-resized"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent061124&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="675" height="421" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11042124/Screenshot-2024-06-11-at-1.51.19-PM.png" alt="" class="wp-image-381490" style="width:457px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11042124/Screenshot-2024-06-11-at-1.51.19-PM.png 675w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/11042124/Screenshot-2024-06-11-at-1.51.19-PM-300x187.png 300w" sizes="(max-width: 675px) 100vw, 675px" /></a></figure></p>
<p>Read More: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39248562/jim-cramer-isnt-recommending-slb-and-blackberry-nothing-there">Jim Cramer Isn&#8217;t Recommending SLB, And BlackBerry? &#8216;Nothing There</a>&#8216;</p>


DBRG

Top 3 Real Estate Stocks Which Could Rescue Your Portfolio In Q2

<p>The most oversold stocks in the real estate sector presents an opportunity to buy into undervalued companies.</p>
<p>The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.</p>
<p>Here's the latest list of major oversold players in this sector, having an RSI near or below 30.</p>
<h3 class="wp-block-heading"><strong>RLJ Lodging Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLJ#NYSE">RLJ</a>)</strong></h3>
<ul>
<li>On May 1, RLJ Lodging posted better-than-expected quarterly sales. &#8220;Our first quarter RevPAR growth came in line with our expectations given the holiday shift and we once again exceeded the industry while gaining market share,&#8221; commented Leslie D. Hale, President and Chief Executive Officer. The company's stock fell around 9% over the past month and has a <a href="https://www.benzinga.com/quote/RLJ">52-week low of $9.07</a>.</li>
<li><strong>RSI Value:</strong> 24.51</li>
<li><strong>RLJ Price Action:</strong> Shares of RLJ Lodging Trust closed at $10.07 on Friday.</li>
</ul>
<h3 class="wp-block-heading"><strong>Uniti Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UNIT#NASDAQ">UNIT</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</strong></h3>
<ul>
<li>On May 6, Uniti Group announced plans for a $300 million offering of 10.50% Senior Secured Notes due 2028 by its subsidiaries. The company's stock fell around 43% over the past month. It <a href="https://www.benzinga.com/quote/UNIT">has a 52-week low</a> of $3.20.</li>
<li><strong>RSI Value:</strong> 19.80</li>
<li><strong>UNIT Price Action:</strong> Shares of Uniti Group fell 0.6% to close at $3.24 on Friday.</li>
</ul>
<h3 class="wp-block-heading"><strong>Community Healthcare Trust Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHCT#NYSE">CHCT</a>)</strong></h3>
<ul>
<li>On April 30, Community Healthcare posted weaker-than-expected quarterly sales. The company's stock fell around 15% over the past month and has a 52-week <a href="https://www.benzinga.com/quote/CHCT">low of $22.57</a>.</li>
<li><strong>RSI Value:</strong> 27.26</li>
<li><strong>CHCT Price Action:</strong> Shares of Community Healthcare Trust fell 1% to close at $22.67 on Friday.</li>
</ul>
<h3 class="wp-block-heading"><strong>Seritage Growth Properties </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SRG#NYSE">SRG</a>)</h3>
<ul>
<li>On May 13, Seritage Growth Properties said it is negotiating an agreement for the sale of four assets for gross proceeds of $79.1 million. The company's shares lost around 40% over the past month. The company's 52-week low is $5.59.</li>
<li><strong>RSI Value:</strong> 7.16</li>
<li><strong>SRG Price Action:</strong> Shares of Seritage Growth Properties fell 1.2% to close at $5.62 on Friday.</li>
</ul>
<h3 class="wp-block-heading"><strong>Hudson Pacific Properties, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPP#NYSE">HPP</a>)</h3>
<ul>
<li>On May 1, Hudson Pacific Properties posted downbeat quarterly sales. &#8220;Our office leasing momentum accelerated to start off the year, as we signed over 500,000 square feet of leases in the first quarter. Leveraging our well-positioned portfolio and the strength of our platform, our team is executing on leasing even as adverse market conditions persist, and we view long-term demand drivers for our office space as compelling,&#8221; commented Victor Coleman, Hudson Pacific&#8217;s Chairman and CEO. The company's shares fell around 12% over the past five days. The company <a href="https://www.benzinga.com/quote/HPP">has a 52-week low</a> of $4.05.</li>
<li><strong>RSI Value: </strong>27.15</li>
<li><strong>HPP Price Action:</strong> Shares of Hudson Pacific Properties fell 3.7% to close at $4.70 on Friday.</li>
</ul>
<p>Read More: <a href="https://www.benzinga.com/news/earnings/24/05/39032629/gamestop-box-and-3-stocks-to-watch-heading-into-tuesday">GameStop, Box And 3 Stocks To Watch Heading Into Tuesday</a></p>


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