Robert W. Baird analyst Michael Bellisario maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Thursday, setting a price target of $14, which is approximately 10.83% below the present share price of $15.7.
Bellisario expects RLJ Lodging Trust to post earnings per share (EPS) of -$1.10 for the first quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in RLJ Lodging, with an average price target of $14.33.
The analysts price targets range from a high of $16 to a low of $13.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $83.93 million and a net profit of -$76.63 million. The company's market cap is $2.59 billion.
According to TipRanks.com, Robert W. Baird analyst Michael Bellisario is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 14.4% and a 62.65% success rate.
RLJ Lodging Trust is a real estate investment trust, with interests in hotels. It operates through the following hotel brands: Marriott, Hilton, and Hyatt or Wyndham . The company was founded by Robert L. Johnson on January 31, 2011 and is headquartered in Bethesda, MD.