Latest news with #RLJLodgingTrust
Business Wire
a day ago
- Business
- Business Wire
RLJ Lodging Trust Announces Dividends for Second Quarter of 2025
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the 'Company') (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on July 15, 2025, to shareholders of record as of June 30, 2025. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's Series A Preferred Shares. The dividend is payable on July 31, 2025, to shareholders of record as of June 30, 2025. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. Forward Looking Statements This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company's business plans, objectives and expected operating results, and the assumptions upon which those statements are based, that are 'forward looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, Section27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the use of the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'plan,' 'may,' 'will,' 'will continue,' 'intend,' 'should,' 'may,' or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these forward looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties in the sections entitled 'Risk Factors,' 'Forward- Looking Statements,' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in the Company's Annual Report, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission.
Yahoo
4 days ago
- Business
- Yahoo
RLJ Lodging Trust price target lowered to $7 from $10 at Truist
Truist lowered the firm's price target on RLJ Lodging Trust (RLJ) to $7 from $10 and keeps a Hold rating on the shares. The firm sees the company as relatively challenged within its Lodging REIT coverage given almost no luxury exposure, international inbound demand challenges to gateway markets, and city-specific factors such as Austin and D.C., the analyst tells investors in a research note. Supporting the stock are RLJ's continued repositioning efforts and recovering business travel to major urban markets, the firm added. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on RLJ: Disclaimer & DisclosureReport an Issue RLJ Lodging Trust price target lowered to $11 from $12 at Oppenheimer RLJ Lodging Trust Reports Q1 2025 Financial Results RLJ Lodging Trust Balances Growth and Challenges in Earnings Call RLJ Lodging Trust reports Q1 AFFO 31c, consensus 30c RLJ Lodging Trust cuts FY25 AFFO view to $1.38-$1.58 from $1.46-$1.66 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
06-06-2025
- Business
- Business Wire
RLJ Lodging Trust Announces Second Quarter 2025 Earnings Release and Conference Call Dates
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the 'Company') (NYSE: RLJ) today announced it will report financial results for the second quarter ended June 30, 2025, after the markets close on August 7, 2025. The Company will also host a conference call on August 8, 2025, at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust's second quarter earnings conference call. A replay of the call will be available from 2:00 p.m. (Eastern Time) on August 8, 2025, until midnight (Eastern Time) on August 22, 2025. The replay can be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers and entering pin number 13754166. A live webcast of the conference call will also be available online at the Company's website, A replay of the webcast will be archived and available online through the Company's Investor Relations section. About Us RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.
Associated Press
20-03-2025
- Business
- Associated Press
RLJ Lodging Trust Announces Retirement of Chief Financial Officer
RLJ Lodging Trust (the 'Company') (NYSE: RLJ) announced today that following seven successful years at the Company, Sean M. Mahoney, the Company's Executive Vice President and Chief Financial Officer will be retiring in May of this year after a dynamic career spanning over 30 years, including more than 20 years in the hospitality REIT industry. 'On behalf of the Board of Trustees and the entire RLJ team, I want to thank Sean for his invaluable contributions during his tenure,' said Leslie D. Hale, President and Chief Executive Officer of the Company. 'Sean has been a great partner and valued member of our management team. He joined RLJ at a pivotal time as we were transforming and repositioning our portfolio and was instrumental to our success. Additionally, thanks to Sean's leadership, our balance sheet is strong, we have a solid finance team, and we are well-positioned for the future. We wish Sean happiness in his much-deserved retirement.' 'It has been a great pleasure to be a part of the RLJ team for the last seven years and I am incredibly proud of all that we have accomplished together,' said Mr. Mahoney. 'After many gratifying years in the hospitality REIT industry, I look forward to spending more time with my family and pursuing outside interests. I wish the Company and my colleagues the very best for the future and am confident that the Company is in good hands.' To ensure a smooth transition, Mr. Mahoney will continue to serve as the Company's Chief Financial Officer until his departure in May and will actively support the Company's transition plan. Afterward, he will remain available as an advisor as needed. The Company has a succession process underway and will provide an update once it has concluded. About RLJ RLJ Lodging Trust ('RLJ') is a self-advised, publicly traded real estate investment trust that owns premium-branded, rooms-oriented, high-margin, urban-centric hotels located within the heart of demand locations. Our hotels are geographically diverse and concentrated in major urban markets that provide multiple demand generators from business, leisure, and other travelers. Forward-Looking Statements This press release contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company's business plans, objectives and expected operating results, and the assumptions upon which those statements are based, that are 'forward looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the use of the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'plan,' 'may,' 'will,' 'will continue,' 'intend,' 'should,' 'may,' or similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, beliefs and expectations, such forward-looking statements are not predictions of future events or guarantees of future performance and our actual results could differ materially from those set forth in the forward-looking statements. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. The Company cautions investors not to place undue reliance on these forward-looking statements and urges investors to carefully review the disclosures the Company makes concerning risks and uncertainties in the sections entitled 'Risk Factors,' 'Forward-Looking Statements,' and 'Management's Discussion and Analysis of Financial Condition and Results of Operations' in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission. SOURCE: RLJ Lodging Trust Copyright Business Wire 2025. PUB: 03/20/2025 09:05 AM/DISC: 03/20/2025 09:07 AM
