RLJ Lodging Trust

RLJ

NYSE · Hotel REITs

$12.54

At close - Nov 6, 4:00 PM EST - USD

Market Cap$1.91B

P/E52.7x

52W High$12.94

Volume2.14M

VCP Research Verdict2026Q2

Urban Inflection Lifts FFO Despite Leverage Surge

RLJ Lodging Trust is showing signs of a cyclical turnaround, with Q2 2026 revenue growing 5.5% year-over-year to $383.0M and FFO per share reaching $0.52, a 3.5% increase that beat estimates and suggests operating leverage is finally materializing.

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MARKET ACTION

RLJ price & volume

Price trend, volume and key moving averages

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Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return

RLJ+69.80%

S&P 500 (^GSPC)+7.63%

1-Year Return

RLJ+91.55%

S&P 500 (^GSPC)+9.69%

3-Year Return

RLJ+38.98%

S&P 500 (^GSPC)+70.22%

5-Year Return

RLJ-3.25%

S&P 500 (^GSPC)+58.08%

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis

Trailing P/EMedian

52.7x

Forward P/E

400.6x

EV/EBITDA60th %ile

11.4x

FCF YieldCash Flow

15.4%

Valuation vs 5-Year History

Multiple Range

Metric

Current

5Y Median

Historical Range

Percentile

P/E

52.7x

37.8x

67th· Fair

EV/EBITDA

11.4x

10.9x

60th· Fair

Price/FCF

6.5x

6.7x

50th· Fair

Current Multiple

5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection

Bear$29.98+139.1%

Base (Fair)$39.90+218.2%

Bull$50.38+301.8%

$29.98 Bear$39.90 Base$50.38 Bull

Current Market Price: $12.54

Trades at a 68.6% discount to Base DCF ($39.90)

Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend

Revenue FY25

$1.35B-1.4% YoY

Net income FY25

$29M-58.1% YoY

Free cash flow FY25

$117M-58.9% YoY

Operating margin FY25

9.3%-1.6 pts YoY

ROIC (FY25)2.3%

Avg ROIC 5Y1.8%

ROE (TTM)1.6%

Piotroski Score6 / 9

Financial Statements →

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History

EPS Beat Rate10/12 (83%)

Revenue Beat Rate11/12 (92%)

Quarter	EPS (Act vs Est)	Revenue (Act vs Est)
Q4 2026Latest Nov 4, 2026	-$0.01+76.4% vs -$0.04	$354M+3.3% vs $343M
Q3 2026 Aug 6, 2026	$0.16+7.0% vs $0.15	$383M+3.4% vs $370M
Q2 2026 May 4, 2026	-$0.05-143.5% vs $0.12	$340M+5.1% vs $324M
Q1 2026 Feb 26, 2026	$0.32+561.0% vs -$0.07	$329M+3.3% vs $318M

Historical baseline: 12 quarters analyzedGAAP / Adjusted

MARKET COVERAGE

Latest News

4 Stories

Seeking Alpha·1d ago

RLJ Lodging Trust: The Recovery Story Is Getting Stronger

RLJ Lodging Trust remains a Buy, as the valuation is conservative despite above-industry results and positive hotel sector trends. RLJ outperformed peers with RevPAR growth 260 bps above industry, driven by conversions, renovations, and disciplined expense management. Guidance was raised again, with Adj. FFO per share is now estimated at $1.47–$1.51, with a sustainable sub-60% payout ratio and 8.14% AFFO yield estimated.

Zacks Investment Research·2d ago

5 REIT Stocks With Generous Dividends to Consider After Q3 Earnings

Here are five REIT stocks offering generous dividends that are worth considering following their favorable Q3 results this week.

Seeking Alpha·3d ago

RLJ Lodging Trust (RLJ) Q3 2026 Earnings Call Transcript

RLJ Lodging Trust ( RLJ ) Q3 2026 Earnings Call November 5, 2026 12:00 PM EST Company Participants John Paul Austin - Director of Investor Relations Leslie D. Hale - President, CEO & Board of Director Nikhil Bhalla - Chief Financial Officer Thomas Bardenett - Executive VP & COO Conference Call Participants Austin Wurschmidt - KeyBanc Capital Markets Inc., Research Division Michael Bellisario - Robert W.

Zacks Investment Research·3d ago

RLJ Lodging (RLJ) Is Up 4.56% in One Week: What You Should Know

Does RLJ Lodging (RLJ) have what it takes to be a top stock pick for momentum investors? Let's find out.

Filtered for RLJ Lodging TrustMore Headlines

Compare before deciding

Benchmark RLJ against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for RLJ Lodging Trust (RLJ)

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Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
RLJRLJ Lodging TrustCurrent	$12.54	$1.91B	52.69	-1.43%	2.54%	1.65%	4.87%
PKPark Hotels & Resorts Inc.	$15.74	$3.17B	-19.08	-2.23%	-6.51%	-5.45%	8.94%
SHOSunstone Hotel Investors, Inc.	$12.52	$2.33B	24.52	6%	9.2%	4.93%	3.55%
APLEApple Hospitality REIT, Inc.	$18.88	$4.46B	24.12	-1.33%	12.62%	5.88%	5.09%
DRHDiamondRock Hospitality Company	$14.04	$2.87B	17.70	-0.83%	14.32%	10.99%	3.36%
INNSummit Hotel Properties, Inc.	$7.00	$758.56M	-164.32	-0.32%	-0.6%	-0.36%	5.21%

Compare RLJ vs Peers

RLJ Lodging Trust (RLJ) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PK

Most directly comparable listed peer for RLJ.

Scale Benchmark

vs BKNG

Larger-name benchmark to compare RLJ against a more recognizable public peer.

Peer Set

Compare Top 5

vs PK, SHO, APLE, DRH

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

RLJ SEC Filings & Documents

RLJ Lodging Trust (RLJ) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Aug 6, 2026·SEC

Material company update

May 4, 2026·SEC

Material company update

Apr 30, 2026·SEC

10-K Annual Reports

FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 27, 2024·SEC

10-Q Quarterly Reports

FY 2026

Aug 7, 2026·SEC

FY 2026

May 4, 2026·SEC

FY 2025

Nov 6, 2025·SEC

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RLJ Frequently Asked Questions

RLJ Lodging Trust (RLJ) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is RLJ Lodging Trust's revenue?

RLJ Lodging Trust (RLJ) reported $1.41B in revenue over the trailing twelve months. Revenue was $1.35B in fiscal year 2025. That is 145% more than the $551.8M of fiscal year 2008.

How fast is RLJ Lodging Trust growing?

RLJ Lodging Trust (RLJ) grew revenue by 4.1% over the trailing twelve months, compared with the twelve months before.

Is RLJ profitable?

Yes. RLJ Lodging Trust (RLJ) earned $35.7M in net income over the trailing twelve months (a 2.5% net margin).

Dividend & Returns

Does RLJ pay dividends?

Yes. RLJ Lodging Trust (RLJ) pays a dividend that yields 4.87% at the current price, a high yield.

What is RLJ's return on equity?

RLJ Lodging Trust (RLJ) had a return on equity (ROE) of 1.6% over the trailing twelve months. That is below the market's typical 10-15%.

Industry Metrics

What is RLJ Lodging Trust's FFO?

RLJ Lodging Trust (RLJ) generated Funds From Operations (FFO) of $228.0M in the trailing twelve months. FFO is the primary profitability metric for REITs.

Is RLJ a good dividend stock?

RLJ Lodging Trust (RLJ) offers a 4.87% dividend yield, which is attractive for income investors. REITs are required to distribute at least 90% of taxable income to shareholders.

What if you invested $1,000 in RLJ back in 2008?

Total return calculator · dividends reinvested · 18+ years of data

See returns →

Quarter

EPS (Act vs Est)

Revenue (Act vs Est)

Q4 2026Latest

Nov 4, 2026

-$0.01+76.4%

vs -$0.04

$354M+3.3%

vs $343M

Q3 2026

Aug 6, 2026

$0.16+7.0%

vs $0.15

$383M+3.4%

vs $370M

Q2 2026

May 4, 2026

-$0.05-143.5%

vs $0.12

$340M+5.1%

vs $324M

Q1 2026

Feb 26, 2026

$0.32+561.0%

vs -$0.07

$329M+3.3%

vs $318M

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

RLJRLJ Lodging TrustCurrent

$12.54

$1.91B

52.69

-1.43%

2.54%

1.65%

4.87%

PKPark Hotels & Resorts Inc.

$15.74

$3.17B

-19.08

-2.23%

-6.51%

-5.45%

8.94%

SHOSunstone Hotel Investors, Inc.

$12.52

$2.33B

24.52

9.2%

4.93%

3.55%

APLEApple Hospitality REIT, Inc.

$18.88

$4.46B

24.12

-1.33%

12.62%

5.88%

5.09%

DRHDiamondRock Hospitality Company

$14.04

$2.87B

17.70

-0.83%

14.32%

10.99%

3.36%

INNSummit Hotel Properties, Inc.

$7.00

$758.56M

-164.32

-0.32%

-0.6%

-0.36%

5.21%