Key Highlights:
- RLJ Lodging Trust (RLJ, Financial) is set to increase its quarterly dividend by 13.3%, reaching $0.17 per share.
- Analysts project an average price target of $9.28, offering a potential upside of 22.52% from the current price.
- GuruFocus estimates suggest a GF Value indicating a potential 57.49% increase from current levels.
RLJ Lodging Trust's Dividend Announcement
RLJ Lodging Trust (RLJ) is preparing to increase its quarterly dividend to $0.17 per share this August, representing a significant 13.3% boost. This move is the largest anticipated dividend increase among public REITs this quarter as evaluated by market analysts. Investors should closely monitor this development as it may impact future returns and shareholder value.
Wall Street's Outlook and Price Targets
With insights from 8 analysts, RLJ Lodging Trust (RLJ, Financial) holds an average one-year price target of $9.28. Price predictions range from a high of $12.00 to a low of $7.00. This average target suggests a potential upside of 22.52% from the present market price of $7.58. Investors seeking more detailed data can visit the RLJ Lodging Trust (RLJ) Forecast page for comprehensive insights.
Analyst Recommendations
The current average brokerage recommendation for RLJ Lodging Trust (RLJ, Financial) stands at 2.7, categorized as "Hold" by 10 brokerage firms. This scale ranges from 1 to 5, where 1 indicates a Strong Buy and 5 signals a Sell, guiding investors on the perceived market sentiment.
Evaluating the GF Value
According to GuruFocus estimates, the GF Value for RLJ Lodging Trust (RLJ, Financial) is pegged at $11.93 for the next year. This implies a robust potential upside of 57.49% from the current share price of $7.575. The GF Value is a unique metric from GuruFocus, reflecting the fair value at which the stock should trade, derived from its historical trading multiples, past growth, and future performance estimates. A deeper dive into these figures is available on the RLJ Lodging Trust (RLJ) Summary page.
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