RLJ Lodging Trust [NYSE: RLJ] jumped around 0.11 points on Wednesday, while shares priced at $7.08 at the close of the session, up 1.58%.
Compared to the average trading volume of 2.63M shares, RLJ reached a trading volume of 6306413 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about RLJ Lodging Trust [RLJ]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RLJ shares is $9.78 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RLJ stock is a recommendation set at 2.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Truist have made an estimate for RLJ Lodging Trust shares, keeping their opinion on the stock as Hold, with their previous recommendation back on March 21, 2025. The new note on the price target was released on September 26, 2024, representing the official price target for RLJ Lodging Trust stock. Previously, the target price had yet another drop from $11 to $9, while Wells Fargo kept a Underweight rating on RLJ stock. On August 05, 2024, analysts decreased their price target for RLJ shares from 18 to 10.
The Average True Range (ATR) for RLJ Lodging Trust is set at 0.31, with the Price to Sales ratio for RLJ stock in the period of the last 12 months amounting to 0.79. The Price to Book ratio for the last quarter was 0.58, with the Price to Cash per share for the same quarter was set at 2.44. Price to Free Cash Flow for RLJ in the course of the last twelve months was 7.25.
How has RLJ stock performed recently?
RLJ Lodging Trust [RLJ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.00. With this latest performance, RLJ shares gained by 6.79% in over the last four-week period, additionally sinking by -19.23% over the last 6 months – not to mention a drop of -33.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RLJ stock in for the last two-week period is set at 44.85, with the RSI for the last a single of trading hit 49.26, and the three-weeks RSI is set at 42.26 for RLJ Lodging Trust [RLJ]. The present Moving Average for the last 50 days of trading for this stock 7.90, while it was recorded at 7.09 for the last single week of trading, and 9.16 for the last 200 days.
Insider trade positions for RLJ Lodging Trust [RLJ]
The top three institutional holders of RLJ stocks are: VANGUARD GROUP INC with ownership of 25.33 million shares, which is approximately 16.4864%. BLACKROCK INC., holding 21.87 million shares of the stock with an approximate value of $$210.61 million in RLJ stocks shares; and BLACKROCK INC., currently with $$72.12 million in RLJ stock with ownership which is approximately 4.8742%.
