Davel5957/E+ via Getty Images Introduction RLJ Lodging Trust (NYSE:RLJ) has substantially underperformed the Vanguard Real Estate Index Fund ETF Shares (VNQ) so far in 2024, delivering an almost 19% loss against the ~10% total return for the benchmark ETF: s -201 sin RLJ vs VNQ in 2024 (Seeking Alpha) I also covered the shares back in March 2024 arguing they were undervalued in light of the company's robust operating performance and the levered capital structure which will benefit from Fed rate cuts. After ...

IJ | RLJ LODGING TRUST EARNINGS SUPPLEMENTAL Q2 2024 AUGUST 2024 OVERVIEW RUST | --- | --- | --- | --- | --- | --- | --- | --- | |----------------------------|------------------------------|------------------------------------|---------|----------------------------|-------------|----------|---------------------------------| | Properties | | Key Statistics (1) (2) | | 96 | | | | | | Hotel Rooms | | | 21,290 | | | | | | Share Price | | | $9.63 | | | | | | | Total Shares and Units Outstanding | | 156.0M | | | ...

Table of Contents Title of Each Class Trading Symbol Name of Exchange on Which Registered Common Shares of beneficial interest, par value $0.01 per share RLJ New York Stock Exchange $1.95 Series A Cumulative Convertible Preferred Shares, par value $0.01 per share RLJ-A New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 O ...

RLJ Lodging Trust (NYSE:RLJ) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Nikhil Bhalla – Senior Vice President-Finance and Treasurer Leslie Hale – President and Chief Executive Officer Sean Mahoney – Executive Vice President and Chief Financial Officer Tom Bardenett – Chief Operating Officer Conference Call Participants Michael Bellisario – Baird Gregory Miller – Truist Securities Tyler Batory – Oppenheimer & Company Dori Kesten – Wells Fargo Floris van Dijkum – Compass ...

RLJ Lodging (RLJ) reported $369.3 million in revenue for the quarter ended June 2024, representing a yearover-year increase of 3.5%. EPS of $0.51 for the same period compares to $0.22 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $367.07 million, representing a surprise of +0.61%. The company delivered an EPS surprise of +6.25%, with the consensus EPS estimate being $0.48. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

RLJ Lodging (RLJ) came out with quarterly funds from operations (FFO) of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to FFO of $0.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.25%. A quarter ago, it was expected that this hotel real estate investment trust would post FFO of $0.32 per share when it actually produced FFO of $0.33, delivering a surprise of 3.13%. Over the last four q ...

Press Release RLJ Lodging Trust Reports Second Quarter 2024 Results Q2 RevPAR increased 2.6% above 2023 Acquired a boutique lifestyle hotel in Denver Announced increase of quarterly dividend to $0.15 per share Bethesda, MD, August 1, 2024 – RLJ Lodging Trust (the "Company") (NYSE: RLJ) today reported results for the three and six months ended June 30, 2024. Second Quarter Highlights • Portfolio Comparable RevPAR of $157.30; an increase of 2.6% from last year • Total Revenue of $369.3 million; an increase of ...

Pick #1: USB Preferreds — Yields Of Up To 7.2% 24% 33% 43% Consumer & Business Banking (CBB) USB's CRE (Commercial Real Estate) exposure is rather limited. It represents 14% of its loan portfolio, and office properties constitute less than 2% of all loans. USB has a strong track record of consistently maintaining charge-offs below industry peers through a tough economic climate. Net Charge-Off Rates 3.5% n ៣២४ 20% ICO I U.S. Bancorp Average 0,75% to 1,000 ICO Rate for Top 100 Banks NCO Rate for U.S. B · Fix ...

jewhyte/iStock via Getty Images Introduction I like the so-called 'busted' preferred shares, as the issuer can't easily call the securities. In RLJ Lodging Trust's (NYSE:RLJ) case, the preferred shares can only be called when the stock is trading at close to $90/share, and given the current share price of just under $10, I don't expect that to happen anytime soon. I have a long position in RLJ's preferred shares, which are trading with (NYSE:RLJ.PR.A) as ticker symbol, and I continue to add to this position ...

FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35169 RLJ LODGING TRUST Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact Name of Registrant as Specified in Its Charter) Maryland 27-4706509 (State or Other Jurisd ...