RLJ Lodging Trust Reports Third Quarter 2024 Results
RLJ Lodging Trust Common Shares of Beneficial Interest $0.01 par value (RLJ)
Last rlj lodging trust common shares of beneficial interest $0.01 par value earnings: 2/25 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.rljlodgingtrust.com
Company Research
Source: Business Wire
Q3 RevPAR increased 2.0% compared to 2023Redeployed disposition proceeds to repurchase $20.7 million of common sharesEntered into a new $500.0 million term loan BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and nine months ended September 30, 2024.Third Quarter HighlightsPortfolio Comparable RevPAR of $145.23; an increase of 2.0% from last yearComparable Hotel Revenue of $344.7 million; an increase of 3.0% from last yearNet Income of $20.6 millionComparable Hotel EBITDA of $100.7 million, an increase of 2.6% from last yearAdjusted EBITDA of $91.9 million; an increase of 3.6% from last yearAdjusted FFO per diluted common share and unit of $0.40Repurchased 1.6 million shares during the third quarter for approximately $14.8 million at an average price of $9.21Entered into a new $500.0 million term loan, using the proceeds to refinance a $400.0 million term loan due in 2025 and repay $100.0 million of outstanding borr
Show less
Read more
Impact Snapshot
Event Time:
RLJ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RLJ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RLJ alerts
High impacting RLJ Lodging Trust Common Shares of Beneficial Interest $0.01 par value news events
Weekly update
A roundup of the hottest topics
RLJ
News
- RLJ Lodging Trust (NYSE: RLJ) had its price target raised by analysts at Oppenheimer Holdings Inc. from $11.00 to $12.00. They now have an "outperform" rating on the stock.MarketBeat
- RLJ Lodging Trust (RLJ) Q3 2024 Earnings Call Highlights: Strong RevPAR Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- RLJ Lodging (RLJ) Surpasses Q3 FFO and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- RLJ Lodging Trust (NYSE: RLJ) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- RLJ Lodging Trust (RLJ) Q3 2024 Earnings Report Preview: What To Expect [Yahoo! Finance]Yahoo! Finance
RLJ
Earnings
- 11/6/24 - Beat
RLJ
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/18/24 - Form SC
- RLJ's page on the SEC website