RLJ
Owns premium-branded urban hotels through a focused-service lodging REIT model.
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Profile
Owns premium-branded, rooms-oriented hotels across the U.S., with room nights providing most revenue. The portfolio is operated through a lodging REIT structure, leased mostly to taxable REIT subsidiaries, and tied to global hotel brands and third-party managers.
Owns premium-branded hotel real estate in urban and dense suburban demand centers across the U.S. The portfolio emphasizes focused-service and compact full-service properties, including Marriott, Hilton, Hyatt, IHG, and Wyndham brand families.
Revenue comes mainly from room rentals, with food and beverage and other hotel income as smaller contributors. The single reportable segment reflects similar property economics rather than separate brand or geography lines.
Operations run through a lodging REIT structure: most properties are leased to taxable REIT subsidiaries and managed by third parties. Results depend on travel demand, local hotel supply, brand affiliation, room rates, service levels, and franchisor relationships.
Company facts
Key statistics
Year to date +49.7% · Average volume (30d) 1.7M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Aug 27, 2026 | Barclays | Reiterate | Underweight | $9.50 | $11 | |
| Jul 23, 2026 | Wells Fargo | Reiterate | Underweight | $9 | $11 | |
| Jul 21, 2026 | Barclays | Reiterate | Underweight | $9 | $9.50 | |
| Jun 18, 2026 | UBS | Target | $13 | |||
| Jun 1, 2026 | Barclays | Reiterate | Underweight | $6 | $9 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.15 | $0.16 | +7.0% | $370.5M | $383.0M | +3.4% | −6.63% |
| May 4, 2026Q1 FY26 | $0.27 | $0.33 | +22.2% | $323.5M | $340.0M | +5.1% | +5.03% |
| Feb 26, 2026Q4 FY25 | −$0.07 | $0.32 | +561.0% | $318.0M | $328.6M | +3.3% | −3.26% |
| Nov 5, 2025Q3 FY25 | $0.26 | $0.27 | +3.8% | $317.6M | $330.0M | +3.9% | 0.00% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $328.1M | $363.1M | $330.0M | $328.6M | $340.0M | $383.0M | |
| Gross profit | $83.9M | $110.5M | $80.0M | −$286.1M | $115.0M | $22.1M | |
| Operating income | $25.4M | $53.0M | $21.3M | $26.9M | $27.8M | $55.5M | |
| Net income | $3.4M | $28.5M | −$3.7M | $430.0K | −$349.0K | $31.0M | |
| Diluted EPS | −$0.02 | $0.15 | −$0.07 | $0.00 | −$0.05 | $0.16 | |
| Gross margin | 25.6% | 30.4% | 24.2% | -87.1% | 33.8% | 5.8% | |
| Operating margin | 7.7% | 14.6% | 6.4% | 8.2% | 8.2% | 14.5% |
Fiscal years (4-quarter sums)FY21 $785.1M · FY22 $1.19B · FY23 $1.33B · FY24 $1.37B · FY25 $1.35B
Revenue by product · Q2 FY26
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $937.6M · Total debt $2.81B · Total assets $5.23B · Shareholders' equity $2.15B
Dividends
Raised for 5 straight years — most recently to $0.15 from $0.10 in Sep 2024. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 30, 2026 | Jun 30 | Jul 15 | $0.15 | |
| Mar 31, 2026 | Mar 31 | Apr 15 | $0.15 | |
| Dec 31, 2025 | Dec 31 | Jan 15 | $0.15 | |
| Sep 30, 2025 | Sep 30 | Oct 15 | $0.15 | |
| Jun 30, 2025 | Jun 30 | Jul 15 | $0.15 | |
| Mar 31, 2025 | Mar 31 | Apr 15 | $0.15 | |
| Dec 31, 2024 | Dec 31 | Jan 15 | $0.15 | |
| Sep 30, 2024 | Sep 30 | Oct 15 | $0.15 | raised from $0.10 |
Ownership
Institutions and insiders are filed separately and overlap, so together they can pass the whole company. No split is drawn from them.
Shares outstanding 151.93M · Float 121.45M · 79.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 18.97M | 12.49% | 13F | Aug 7, 2026 |
| Donald Smith & Co., Inc. | 12.31M | 8.10% | 13G | Aug 11, 2026 |
| Vanguard Portfolio Management LLC | 12.25M | 8.06% | 13F | Aug 13, 2026 |
| H/2 Credit Manager LP | 9.58M | 6.31% | 13F | Aug 14, 2026 |
| He Zhengxu | 8.83M | 5.90% | 13G | Dec 8, 2025 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Nov 21, 2025 | Robin McBride Zeigler | director | −13,413 | $7.51 |
Peers
- Apple Hospitality REIT
Upscale rooms-focused owner with heavy Marriott/Hilton overlap
- Summit Hotel Properties
Premium-branded upscale lodging REIT with efficient hotel models
- Host Hotels & Resorts
Largest lodging REIT competing in prime U.S. hotel markets
- Pebblebrook Hotel Trust
Urban full-service and lifestyle hotel owner in gateway markets
- Park Hotels & Resorts
Large premium-branded hotel REIT in urban and resort markets
- Xenia Hotels & Resorts
Luxury and upper-upscale owner focused on top U.S. lodging markets
- DiamondRock Hospitality
Premium hotel and resort owner in gateway and destination markets
- Sunstone Hotel Investors
Upper-upscale and luxury hotel owner in urban and convention markets
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| RLJ | $11.46 | +0.04% | $1.74B | 280.2 | 250.7 | 1.3 | +5.5% |
| Apple Hospitality REIT | $16.68 | +0.72% | $3.91B | 22.4 | 23.2 | 2.7 | +4.7% |
| Summit Hotel Properties | $6.06 | 0.00% | $656.7M | — | — | 0.9 | +3.2% |
| Host Hotels & Resorts | $22.40 | +0.63% | $15.26B | 15.2 | 22.3 | 2.5 | +3.4% |
| Pebblebrook Hotel Trust | $18.49 | −0.05% | $2.09B | — | — | 1.4 | −0.1% |
| Park Hotels & Resorts | $15.83 | −0.09% | $3.19B | — | 28.1 | 1.3 | +1.2% |
| Xenia Hotels & Resorts | $19.62 | +0.87% | $1.80B | — | 38.1 | 1.6 | +2.8% |
| DiamondRock Hospitality | $12.70 | 0.00% | $2.60B | 17.4 | 20.1 | 2.3 | +4.1% |
| Sunstone Hotel Investors | $11.33 | −0.13% | $2.11B | 46.0 | 52.5 | 2.1 | +6.7% |
| Median | 19.9 | 25.6 | 1.9 | +3.3% |