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Service Properties Trust  (SVC)
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Price: $6.5100 $0.12 1.878%
Day's High: $6.625 Week Perf: 1.4 %
Day's Low: $ 6.37 30 Day Perf: -12.73 %
Volume (M): 9,338 52 Wk High: $ 10.20
Volume (M$): $ 60,787 52 Wk Avg: $8.13
Open: $6.37 52 Wk Low: $6.31



 Market Capitalization (Millions $) 1,067
 Shares Outstanding (Millions) 164
 Employees 108
 Revenues (TTM) (Millions $) 1,874
 Net Income (TTM) (Millions $) -33
 Cash Flow (TTM) (Millions $) 152
 Capital Exp. (TTM) (Millions $) 201

Service Properties Trust
Service Properties Trust is a U.S. based real estate investment trust (REIT) that owns and manages a diverse portfolio of properties primarily focused on the hospitality and healthcare industries. The company was founded in 1995 and is headquartered in Newton, Massachusetts.

The company's portfolio includes a variety of properties such as hotels, senior living communities, and medical office buildings. As of 2021, Service Properties Trust owns over 300 properties in the United States and Canada, totaling over 90 million square feet of real estate.

Service Properties Trust's portfolio is mainly focused on the hospitality industry, with over 150 hotels and resorts located throughout the United States and Canada. These include well-known brands such as Marriott, Hilton, Intercontinental, and Hyatt. The company also operates a number of travel centers, which offer various amenities such as fuel, food, and lodging for travelers.

In addition to the hospitality industry, Service Properties Trust owns and operates senior living communities and healthcare properties, including medical office buildings and clinics. The company's senior living communities offer various levels of care, from independent living to assisted living and memory care.

Service Properties Trust's business model is primarily based on long-term leases with its tenants, which provide consistent cash flows for the company. These leases typically have initial terms of 10 to 25 years, with rent increases built in over time.

Overall, Service Properties Trust is a major player in the U.S. real estate industry, with a diverse portfolio of properties and a focus on long-term lease agreements with its tenants. The company's expertise in the hospitality and healthcare industries has allowed it to build a strong reputation as a reliable and trustworthy partner in the commercial real estate market.


   Company Address: Two Newton Place Newton 2458 MA
   Company Phone Number: 964-8389   Stock Exchange / Ticker: NASDAQ SVC
   


   

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Service Properties Trust

Headline: Real Estate Investment Trusts Company Faces Growing Losses Throughout Fiscal Fourth Quarter of 2023

Service Properties Trust, a real estate investment trust, recently reported its financial results for the fiscal fourth quarter of 2023. Unfortunately, the results were not positive, as the company experienced a deteriorating demand, leading to losses during this period.
One of the key indicators of this decline is the diminishing revenue, which decreased by 2.454% to $444.05 million in comparison to the previous year. Additionally, the loss per share increased to $-0.26, whereas it was $-0.19 per share in the prior reporting period. These figures indicate a concerning trend for the company's financial health.

Service Properties Trust

SVC's Shortfall Grows Bigger: Revenue Slump and Depleting Demand Impact Recent Fiscal Period

Service Properties Trust (SVC) experienced diminishing returns in the most recent fiscal period due to depleting demand. The company's revenue dropped by -0.286% to $496.83 million, resulting in a loss per share of $-0.03 compared to $0.05 per share the previous year. This marks an improvement from the previous reporting season, where the loss per share was $-0.07, but revenue declined further by -1.38% to $503.78 million.
The net loss for the most recent fiscal period was $-4.128 million, compared to a bottom line of $7.500 million in the same period the previous year. However, operating earnings saw a positive growth of 11.52% to $73.611 million. The decrease in the level of accounts receivable, currently standing at $28.5 million, has raised concerns amongst analysts who attribute it to slowing demand.

Service Properties Trust

Service Properties Trust Hit by Staggering 2.326% Revenue Drop in Q2 2023, Marking Tough Times Ahead

Financial News Report: Service Properties Trust Reports Losses in Q2 2023
Service Properties Trust (SVC) reported a loss of $0.07 per share for the financial period ending on June 30, 2023. This is a significant decrease compared to earnings of $0.07 per share in the same period last year. Additionally, EPS fell from $0.16 per share in the prior reporting season. These figures indicate a challenging period for the company.
The revenue for SVC also experienced a decline of -2.326%, amounting to $503.78 million compared to $515.78 million in the corresponding reporting season last year. However, when compared sequentially, there was an improvement of 17.374% from $429.21 million.

Service Properties Trust

Service Properties Trust Drives Impressive 9.002% Revenue Surge Amidst Challenging Times

Service Properties Trust, a real estate investment trust, is a company that invests in hotels, net lease service and retail properties across the United States and Canada. The firm has recently announced its financial results for the time frame ending March 31, 2023, where it reported positive earnings per share (EPS) of $0.16 per share, as compared to a loss of $0.73 a year ago. The company also recorded net profits of $25.950 million during the same period of time, which was a significant improvement compared to the net loss of $-119.822 million in the same quarter of the previous year.
The revenue of Service Properties Trust increased by 9.002% to $429.21 million as compared to $393.76 million in the comparable quarter a year ago, with a sequential decrease of -5.714% from $455.22 million. The company's management attributed this revenue trend to the ongoing effects of the global pandemic and various net lease restructurings.
According to the company's management, the increasing profit margins of the company and its improving financial performance are a result of its prudent and disciplined approach to real estate investment, effective leasing strategies, and property management performance. Furthermore, the growth of the company's net lease portfolio has helped the company sustain its financial stability, making it a trusted and reliable investment opportunity even during uncertain times.






 

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