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Rlj Lodging Trust  (RLJ)
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Price: $10.0700 $-0.13 -1.275%
Day's High: $10.235 Week Perf: -2.89 %
Day's Low: $ 9.97 30 Day Perf: -11.51 %
Volume (M): 1,553 52 Wk High: $ 12.39
Volume (M$): $ 15,635 52 Wk Avg: $10.70
Open: $10.19 52 Wk Low: $9.07



 Market Capitalization (Millions $) 1,540
 Shares Outstanding (Millions) 153
 Employees 2,400
 Revenues (TTM) (Millions $) 1,335
 Net Income (TTM) (Millions $) 71
 Cash Flow (TTM) (Millions $) -115
 Capital Exp. (TTM) (Millions $) 136

Rlj Lodging Trust
RLJ Lodging Trust (RLJ) is a real estate investment trust (REIT) that specializes in investing in premium-branded, focused-service and compact full-service hotels. The company was founded in May 2011 and is headquartered in Bethesda, Maryland.

RLJ Lodging Trust owns a diversified portfolio of hotels located in premium markets across the United States. The company invests in properties that are focused on the business traveler, including hotels located in central business districts, near airports, or in other major urban areas. RLJ also owns hotels located near key tourist destinations and leisure markets.

RLJ has approximately 122 hotels in its portfolio, which includes over 20,000 guest rooms. The companyes hotels are branded under various industry-leading flags, including Marriott, Hilton, and Hyatt. The hotels are located in 23 states across the United States, including key markets like New York City, Chicago, and San Francisco.

RLJ is known for its disciplined approach towards acquisitions and its focus on value creation for investors. The company has a strong track record of identifying and acquiring high-quality assets in prime locations, which has helped it grow its portfolio over the years.

In addition to its portfolio of hotels, RLJ recently entered the residential real estate market through the acquisition of a luxury high-rise apartment complex in Chicago. The company plans to continue exploring opportunities in this space and expand its footprint in residential real estate.

Overall, RLJ Lodging Trust is a well-established REIT that focuses on investing in premium-branded hotels in key markets across the United States. The company has a strong track record of identifying and acquiring high-quality assets, and its disciplined approach towards acquisitions has helped it achieve consistent growth over the years.


   Company Address: 7373 Wisconsin Avenue Bethesda, 20814 MD
   Company Phone Number: 280-7777   Stock Exchange / Ticker: NYSE RLJ
   


   

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Rlj Lodging Trust

Rlj Lodging Trust Faces Deficit in Q1 2024 as Revenue Rises

Investors in Rlj Lodging Trust have recently received news regarding the company's financial performance for the first quarter of 2024. While the company reported a shortfall per share of $-0.01, compared to $0.03 in the same period last year, revenue saw a 3.15% increase to $324.41 million from the previous year.
Despite a decrease in net profits by -54.86% to $4.746 million, Rlj Lodging Trust remains focused on improving sales, which has resulted in a net margin of 1.46% for the first quarter of 2024. Operating earnings fell by -22.82% to $23.301 million, causing the operating margin to decrease to 7.18%.

Dividend

RLJ Lodging Trust Proves Resilience and Dedication with Dividend Announcements, Providing Shareholders a Stable Income Stream

Published Fri, Mar 15 2024 1:00 PM UTC


The Board of Trustees recognizes the importance of providing consistent returns to its shareholders, and this latest dividend declaration showcases their dedication to meeting this commitment. RLJ's decision to distribute dividends to its shareholders is a testament to the strength and stability of the company's financial position, despite the ongoing challenges faced b...

Rlj Lodging Trust

RLJ Lodging Trust Surpasses Expectations with Strong Earnings Growth in 2023

The financial results for RLJ Lodging Trust for the three months and year ended December 31, 2023, indicate a positive outlook for the real estate investment trust (REIT). Despite the ongoing challenges in the global hospitality industry, the company has showcased resilience, outperforming market expectations and reaffirming its commitment to shareholders.
One of the key highlights from the financial results is the impressive growth in earnings per share (EPS). In the financial time-frame ending December 31, 2023, the EPS soared to $0.01 per share compared to $0.00 a year prior, indicating a strong upward trend. This growth in EPS demonstrates the trust's ability to generate higher returns for its shareholders.

Dividend

RLJ Lodging Trust Demonstrates Resilience and Commitment to Shareholders with Strong Q4 2023 Performance and Dividend Announcement

Published Mon, Feb 26 2024 9:30 PM UTC



RLJ Lodging Trust, a leading real estate investment trust (REIT) focused on the acquisition and operation of premium-branded hotels, has reported impressive financial results for the three months and year ended December 31, 2023. Despite ongoing challenges in the global hospitality industry, the company has showcased resilience, outperforming market expectations an...

Dividend

RLJ Lodging Trust Demonstrates Resilience and Commitment with Dividend Announcement

Published Wed, Jan 31 2024 1:00 PM UTC



In line with RLJ Lodging Trust's commitment to transparency and effective communication with its shareholders, the company recently released a press release detailing the tax treatment of dividend distributions for 2023. This information is crucial for investors who seek clarity regarding their income tax classification. As a leading hospitality real estate investm...






 

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Earnings Outlook
Rlj Lodging Trust does not provide earnings estimates.

 
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