RLJ Lodging Trust (RLJ) Stock Forecast, Price Target & Predictions
RLJ Stock Forecast
RLJ Lodging Trust stock forecast is as follows: an average price target of $12.83 (represents a 33.79% upside from RLJ’s last price of $9.59) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
RLJ Price Target
The average price target for RLJ Lodging Trust (RLJ) is $12.83 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $20.00 to $9.00. This represents a potential 33.79% upside from RLJ's last price of $9.59.
RLJ Analyst Ratings
According to 4 Wall Street analysts, RLJ Lodging Trust's rating consensus is 'Hold'. The analyst rating breakdown for RLJ stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 2 'Hold' (50.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).
RLJ Lodging Trust Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 28, 2024 | Gregory Miller | Truist Financial | $11.00 | $9.09 | 21.08% | 14.70% |
| Sep 13, 2024 | Dori Kesten | Wells Fargo | $9.00 | $9.01 | -0.11% | -6.15% |
| Aug 05, 2024 | Floris van Dijkum | Compass Point | $10.00 | $9.22 | 8.46% | 4.28% |
| Jun 10, 2024 | Michael Bellisario | Robert W. Baird | $12.00 | $9.76 | 22.95% | 25.13% |
| Aug 29, 2022 | - | Wells Fargo | $13.50 | $12.42 | 8.70% | 40.77% |
| Jul 07, 2022 | - | Barclays | $15.00 | $10.87 | 37.99% | 56.41% |
| Apr 22, 2022 | - | Oppenheimer | $20.00 | $14.09 | 41.94% | 108.55% |
The latest RLJ Lodging Trust stock forecast, released on Oct 28, 2024 by Gregory Miller from Truist Financial, set a price target of $11.00, which represents a 21.08% increase from the stock price at the time of the forecast ($9.09), and a 14.70% increase from RLJ last price ($9.59).
RLJ Lodging Trust Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 2 | 4 |
| Avg Price Target | $11.00 | $10.00 | $10.50 |
| Last Closing Price | $9.59 | $9.59 | $9.59 |
| Upside/Downside | 14.70% | 4.28% | 9.49% |
In the current month, the average price target of RLJ Lodging Trust stock is $11.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.70% increase as opposed to RLJ Lodging Trust's last price of $9.59. This month's average price target is up 10.00% compared to last quarter, and up 4.76% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Sep 25, 2024 | Wolfe Research | - | Peer Perform | Downgrade |
| Sep 13, 2024 | Wells Fargo | Equal-Weight | Underweight | Downgrade |
| Aug 05, 2024 | Compass Point | - | Neutral | Downgrade |
| Feb 29, 2024 | Oppenheimer | Outperform | Outperform | Hold |
| Nov 28, 2023 | Oppenheimer | - | Outperform | Upgrade |
| Aug 29, 2022 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 07, 2022 | Barclays | Equal-Weight | Equal-Weight | Hold |
RLJ Lodging Trust's last stock rating was published by Wolfe Research on Sep 25, 2024. The company Downgrade its RLJ rating from "null" to "Peer Perform".
RLJ Lodging Trust Financial Forecast
RLJ Lodging Trust Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $319.71M | $334.41M | $356.96M | $314.50M | $302.19M | $318.07M | $330.50M | $242.90M | $238.09M | $233.77M | $194.25M | $119.55M | $91.08M | $83.93M | $32.59M | $265.48M | $347.07M | $371.12M |
| Avg Forecast | $341.51M | $360.91M | $388.78M | $339.09M | $334.54M | $352.98M | $379.38M | $330.84M | $325.25M | $342.93M | $365.67M | $322.76M | $313.34M | $326.61M | $355.62M | $305.96M | $304.05M | $311.78M | $323.65M | $240.29M | $235.73M | $231.67M | $185.25M | $116.74M | $99.64M | $88.22M | $37.69M | $260.00M | $341.39M | $371.54M |
| High Forecast | $346.41M | $366.10M | $394.37M | $343.97M | $339.34M | $358.05M | $384.83M | $335.58M | $327.77M | $345.90M | $365.67M | $327.40M | $320.84M | $326.88M | $360.74M | $310.36M | $308.42M | $311.78M | $323.65M | $240.29M | $235.73M | $231.67M | $185.25M | $116.74M | $99.64M | $88.22M | $37.69M | $260.00M | $341.39M | $371.54M |
| Low Forecast | $335.57M | $354.64M | $382.02M | $333.20M | $328.72M | $346.85M | $372.78M | $325.80M | $318.79M | $339.96M | $365.67M | $317.15M | $306.72M | $326.34M | $349.44M | $300.64M | $298.76M | $311.78M | $323.65M | $240.29M | $235.73M | $231.67M | $185.25M | $116.74M | $99.64M | $88.22M | $37.69M | $260.00M | $341.39M | $371.54M |
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.00% | 1.03% | 0.99% | 1.02% | 1.02% | 1.01% | 1.01% | 1.01% | 1.05% | 1.02% | 0.91% | 0.95% | 0.86% | 1.02% | 1.02% | 1.00% |
RLJ Lodging Trust's average Quarter revenue forecast for Mar 24 based on 4 analysts is $322.76M, with a low forecast of $317.15M, and a high forecast of $327.40M. RLJ's average Quarter revenue forecast represents a 0.95% increase compared to the company's last Quarter revenue of $319.71M (Dec 23).
RLJ Lodging Trust EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $71.30M | $29.71M | $55.14M | $80.00M | $74.07M | $86.54M | $104.35M | $53.55M | $44.00M | $-76.90M | $20.06M | $-4.97M | $-14.12M | $-34.67M | $-55.13M | $39.34M | $96.44M | $102.46M |
| Avg Forecast | $55.56M | $58.72M | $63.25M | $55.17M | $54.43M | $57.43M | $61.72M | $53.82M | $52.91M | $55.79M | $59.49M | $79.22M | $50.98M | $53.14M | $57.86M | $72.02M | $33.98M | $51.44M | $53.40M | $65.47M | $38.89M | $38.22M | $30.56M | $-5.16M | $16.44M | $14.56M | $6.22M | $30.99M | $56.33M | $61.30M |
| High Forecast | $56.36M | $59.56M | $64.16M | $55.96M | $55.21M | $58.25M | $62.61M | $54.60M | $53.33M | $56.28M | $59.49M | $95.06M | $52.20M | $53.18M | $58.69M | $86.42M | $40.78M | $51.44M | $53.40M | $78.56M | $38.89M | $38.22M | $30.56M | $-4.13M | $16.44M | $14.56M | $6.22M | $37.19M | $56.33M | $61.30M |
| Low Forecast | $54.59M | $57.70M | $62.15M | $54.21M | $53.48M | $56.43M | $60.65M | $53.01M | $51.86M | $55.31M | $59.49M | $63.37M | $49.90M | $53.09M | $56.85M | $57.61M | $27.18M | $51.44M | $53.40M | $52.38M | $38.89M | $38.22M | $30.56M | $-6.19M | $16.44M | $14.56M | $6.22M | $24.80M | $56.33M | $61.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.40% | 0.56% | 0.95% | 1.11% | 2.18% | 1.68% | 1.95% | 0.82% | 1.13% | -2.01% | 0.66% | 0.96% | -0.86% | -2.38% | -8.86% | 1.27% | 1.71% | 1.67% |
4 analysts predict RLJ's average Quarter EBITDA for Mar 24 to be $79.22M, with a high of $95.06M and a low of $63.37M. This is 11.10% upper than RLJ Lodging Trust's previous annual EBITDA (Dec 23) of $71.30M.
RLJ Lodging Trust Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $7.93M | $10.15M | $35.12M | $10.64M | $6.61M | $17.59M | $32.97M | $-15.47M | $-27.93M | $-148.01M | $-51.45M | $-77.98M | $-86.94M | $-173.10M | $-115.07M | $-29.32M | $34.68M | $32.46M |
| Avg Forecast | $-9.19M | $1.53M | $21.45M | $-3.06M | $-6.13M | $6.51M | $26.43M | $-6.13M | $-9.58M | $-490.06K | $22.22M | $-21.91M | $-766.20K | $6.61M | $30.14M | $-19.92M | $-20.97M | $6.52M | $15.77M | $-18.11M | $-23.79M | $-24.83M | $-48.22M | $-80.93M | $-98.28M | $-103.74M | $-109.55M | $-23.10M | $11.56M | $18.59M |
| High Forecast | $-8.99M | $1.56M | $21.86M | $-3.00M | $-5.99M | $6.63M | $26.93M | $-5.55M | $-8.62M | $-478.99K | $22.22M | $-17.53M | $-748.89K | $6.73M | $30.70M | $-15.93M | $-16.78M | $6.52M | $15.77M | $-14.48M | $-23.79M | $-24.83M | $-48.22M | $-64.74M | $-98.28M | $-103.74M | $-109.55M | $-18.48M | $11.56M | $18.59M |
| Low Forecast | $-9.37M | $1.50M | $20.97M | $-3.12M | $-6.24M | $6.37M | $25.84M | $-6.51M | $-11.17M | $-499.22K | $22.21M | $-26.29M | $-780.51K | $6.46M | $29.46M | $-23.90M | $-25.16M | $6.52M | $15.77M | $-21.73M | $-23.79M | $-24.83M | $-48.22M | $-97.11M | $-98.28M | $-103.74M | $-109.55M | $-27.72M | $11.56M | $18.59M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -10.36% | 1.54% | 1.17% | -0.53% | -0.32% | 2.70% | 2.09% | 0.85% | 1.17% | 5.96% | 1.07% | 0.96% | 0.88% | 1.67% | 1.05% | 1.27% | 3.00% | 1.75% |
RLJ Lodging Trust's average Quarter net income forecast for Mar 24 is $-21.91M, with a range of $-26.29M to $-17.53M. RLJ's average Quarter net income forecast represents a -376.09% decrease compared to the company's last Quarter net income of $7.93M (Dec 23).
RLJ Lodging Trust SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.75M | $14.63M | $13.66M | $15.40M | $13.45M | $13.35M | $14.13M | $11.96M | $12.63M | $12.13M | $10.80M | $8.39M | $9.31M | $11.67M | $11.77M | $11.06M | $11.26M |
| Avg Forecast | $18.31M | $19.35M | $20.84M | $18.18M | $17.93M | $18.92M | $20.34M | $17.74M | $17.44M | $18.38M | $19.60M | $20.31M | $16.80M | $17.51M | $19.06M | $18.46M | $9.05M | $16.71M | $17.35M | $16.78M | $12.64M | $12.42M | $9.93M | $11.21M | $5.34M | $4.73M | $2.02M | $48.01M | $18.30M | $19.92M |
| High Forecast | $18.57M | $19.63M | $21.14M | $18.44M | $18.19M | $19.19M | $20.63M | $17.99M | $17.57M | $18.54M | $19.60M | $24.37M | $17.20M | $17.52M | $19.34M | $22.16M | $10.86M | $16.71M | $17.35M | $20.14M | $12.64M | $12.42M | $9.93M | $13.45M | $5.34M | $4.73M | $2.02M | $57.62M | $18.30M | $19.92M |
| Low Forecast | $17.99M | $19.01M | $20.48M | $17.86M | $17.62M | $18.59M | $19.98M | $17.47M | $17.09M | $18.23M | $19.60M | $16.25M | $16.44M | $17.49M | $18.73M | $14.77M | $7.24M | $16.71M | $17.35M | $13.43M | $12.64M | $12.42M | $9.93M | $8.97M | $5.34M | $4.73M | $2.02M | $38.41M | $18.30M | $19.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.77% | 0.74% | 1.70% | 0.80% | 0.77% | 0.84% | 0.95% | 1.02% | 1.22% | 0.96% | 1.57% | 1.97% | 5.78% | 0.25% | 0.60% | 0.57% |
RLJ Lodging Trust's average Quarter SG&A projection for Dec 23 is $16.80M, based on 9 Wall Street analysts, with a range of $16.44M to $17.20M. The forecast indicates a 13.91% rise compared to RLJ last annual SG&A of $14.75M (Sep 23).
RLJ Lodging Trust EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 7 | 4 | 9 | 4 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 13 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.05 | $0.07 | $0.22 | $0.03 | - | $0.07 | $0.16 | $-0.09 | $-0.17 | $-0.94 | $-0.35 | $-0.51 | - | $-1.10 | $-0.74 | $-0.21 | $0.17 | $0.15 |
| Avg Forecast | $-0.06 | $0.01 | $0.14 | $-0.02 | $-0.04 | $0.04 | $0.17 | $-0.04 | $-0.06 | $-0.00 | $0.14 | $-0.01 | $-0.01 | $0.04 | $0.20 | $-0.01 | - | $0.04 | $0.10 | $-0.14 | $-0.15 | $-0.16 | $-0.31 | $-0.51 | $-0.64 | $-0.67 | $-0.71 | $-0.08 | $0.08 | $0.12 |
| High Forecast | $-0.06 | $0.01 | $0.14 | $-0.02 | $-0.04 | $0.04 | $0.18 | $-0.04 | $-0.06 | $-0.00 | $0.14 | $-0.01 | $-0.00 | $0.04 | $0.20 | $-0.01 | - | $0.04 | $0.10 | $-0.14 | $-0.15 | $-0.16 | $-0.31 | $-0.51 | $-0.64 | $-0.67 | $-0.71 | $-0.08 | $0.08 | $0.12 |
| Low Forecast | $-0.06 | $0.01 | $0.14 | $-0.02 | $-0.04 | $0.04 | $0.17 | $-0.04 | $-0.07 | $-0.00 | $0.14 | $-0.01 | $-0.01 | $0.04 | $0.19 | $-0.01 | - | $0.04 | $0.10 | $-0.14 | $-0.15 | $-0.16 | $-0.31 | $-0.51 | $-0.64 | $-0.67 | $-0.71 | $-0.08 | $0.08 | $0.12 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -10.28% | 1.52% | 1.12% | -3.00% | 0.46% | 1.66% | 1.56% | 0.67% | 1.10% | 5.83% | 1.12% | 0.99% | -0.00% | 1.63% | 1.04% | 2.62% | 2.27% | 1.24% |
According to 4 Wall Street analysts, RLJ Lodging Trust's projected average Quarter EPS for Mar 24 is $-0.01, with a low estimate of $-0.01 and a high estimate of $-0.01. This represents a -122.16% decrease compared to RLJ previous annual EPS of $0.05 (Dec 23).
RLJ Lodging Trust Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CLDT | Chatham Lodging Trust | $8.70 | $15.50 | 78.16% | Buy |
| PEB | Pebblebrook Hotel Trust | $12.39 | $18.81 | 51.82% | Sell |
| RLJ | RLJ Lodging Trust | $9.59 | $12.83 | 33.79% | Hold |
| HT | Hersha Hospitality Trust | $9.99 | $12.25 | 22.62% | Buy |
| DRH | DiamondRock Hospitality Company | $8.95 | $10.50 | 17.32% | Hold |
| SHO | Sunstone Hotel Investors | $10.06 | $11.29 | 12.23% | Hold |
| XHR | Xenia Hotels & Resorts | $14.82 | $16.40 | 10.66% | Buy |
| RHP | Ryman Hospitality Properties | $111.68 | $117.00 | 4.76% | Buy |