Robert W. Baird analyst Michael Bellisario maintained a Hold rating on RLJ Lodging (NYSE:RLJ) Trust on Thursday, setting a price target of $16, which is approximately 6.27% below the present share price of $17.07.
Bellisario expects RLJ Lodging Trust to post earnings per share (EPS) of $0.00 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 $16.25.
The analysts price targets range from a high of $19 to a low of $14.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $91.08 million and a net profit of -$64.19 million. The company's market cap is $2.82 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 14.7% and a 64.52% 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.