Lumida
/RLJ
⌘K
RLJ Lodging Trust

RLJ Lodging Trust

RLJ
$11.91USD↑+1.62%+0.19 today

MARKET CAP

1.8B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$12 – $12

52W RANGE

$7
$12

AI Summary

Stalk
StalkMedium

RLJ remains in a Stage 2 advancing uptrend with Parabola-driven acceleration, but price is extended above rising 9- and 21-EMAs and overbought on RSI and Options Score. No exhaustion is evident, yet timing favors waiting for a shallow pullback into the rising EMA zone before engaging, while medium- and long-term biases remain bullish.

  • ↑Q1 RevPAR rose 4.8% YoY to $149, outperforming peers by 100bps.
  • ↑Adjusted EBITDA reached $80.9M on high single-digit YoY growth.
  • ↓Elevated debt levels on high leverage could strain cash flow.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

RLJ Lodging Trust (NYSE: RLJ) is a real estate investment trust (REIT) focused on owning and operating premium branded, select-service hotels primarily located in urban markets across the United States. The company is capitalizing on the recovery in both business transient and leisure travel segments, and its strategic emphasis on renovations and conversions has positioned it to optimize revenue per available room (RevPAR) growth, reinforcing its market presence within the hospitality sector.

Bull says

  • ↑Q1 RevPAR rose 4.8% YoY to $149, outperforming peers by 100bps.
  • ↑Adjusted EBITDA reached $80.9M on high single-digit YoY growth.
  • ↑Occupancy improved to 70.8%, up 2.6% YoY from urban demand.
  • ↑$80–$90M 2026 renovations target high-double-digit returns.
  • ↑Maintains $0.15/share dividend and leverage-neutral share buybacks.
  • ↑Undervalued by book-to-price, high earnings and dividend yields.

Bear says

  • ↓Elevated debt levels on high leverage could strain cash flow.
  • ↓Profitability lagging with margins pressured by rising costs.
  • ↓Macroeconomic and shutdown risks could dent booking visibility.
  • ↓Heavy reliance on business travel; corporate spend downturns risk RevPAR.
  • ↓Shortened group booking windows may hurt revenue predictability.
  • ↓Low institutional interest and scale raise competitive concerns.

Investment themes with RLJ

Hotel & Resorts REITs↑ +0.26%

RHP · APLE · DRH

Earnings Call · Q1 2025 · Mgmt. Guidance

Updated 06-15-2026neutral

Transcript signals

Bull points

  • We are pleased to report solid first quarter operating results, which demonstrated the resiliency of our high-quality urban-centric portfolio.
  • Total revenue growth was 1.2% and benefited from 3.8% growth in out-of-room spend.
  • our first quarter adjusted EBITDA was $77.6 million and adjusted FFO per diluted share was 31 cents.

Bear points

  • As discussed, operating trends began to soften in March, with REVPAR down 1.3%. Looking ahead, we expect March operating trends to continue throughout the second quarter, and preliminary April REVPAR is forecasted to decline between 1% and 2% from the prior year.
  • The year-over-year hotel EBITDA comparability was impacted by $2.5 million of one-time COVID and other credits recorded last year, and there being one less day in the current quarter due to leap year.
  • we acknowledge that fundamentals have moderated from our outlook earlier this year, and uncertainty persists, given the continued elevated macroeconomic risk, together with headline-driven volatility.
Read full transcript analysis ›