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RLJ Lodging Trust (NYSE:RLJ)’s stock has hit a 52-week low, dipping to $8.74, as the company faces a challenging market environment. According to InvestingPro analysis, the stock appears undervalued at current levels, while offering an attractive 6.73% dividend yield. This latest price level reflects a significant downturn over the past year, with RLJ’s stock experiencing a 1-year change of -26.03%. With a market capitalization of $1.33 billion and year-to-date decline of 12.73%, investors are closely monitoring the stock as it navigates through the current economic headwinds, which have impacted the broader hospitality sector. The 52-week low serves as a critical indicator for the company’s performance and investor sentiment, as market participants consider the potential for recovery or further decline. For deeper insights into RLJ’s valuation and growth prospects, investors can access comprehensive analysis through InvestingPro’s detailed research reports, which cover over 1,400 US stocks.
In other recent news, RLJ Lodging Trust reported its fourth-quarter 2024 earnings, beating expectations with an earnings per share (EPS) of -$0.01 compared to the forecasted -$0.04. The company also exceeded revenue expectations, reporting $330 million against the anticipated $323.92 million. This positive earnings report reflects RLJ’s continued strong performance, particularly in urban markets where RevPAR grew by 3.7%. The company maintains significant liquidity with over $900 million, supporting its strategic investments and operations. RLJ Lodging Trust demonstrated robust financial health, with Hotel EBITDA at $90.4 million, a $500,000 increase from the previous year, and adjusted EBITDA at $81.1 million. Looking forward, RLJ projects RevPAR growth of 1-3% for 2025, with expectations for comparable hotel EBITDA between $378 million and $408 million. The company remains optimistic about positive RevPAR growth in each quarter of 2025, driven by improving trends across all demand segments in urban markets. Additionally, RLJ has addressed all 2025 debt maturities, showcasing its proactive financial management.
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