RLJ

In the past six months (April 2026 - October 2026), RLJ Lodging Trust announced quarterly cash dividends for the first, second, and third quarters of 2026. The company reported strong second-quarter 2026 results in August, exceeding expectations with a 6.8% increase in comparable RevPAR, a 6.8% rise in comparable hotel revenue, a 9.4% increase in net income, and an 8.3% increase in Adjusted FFO per diluted common share. Following this performance, the company increased its full-year 2026 outlook, citing an acceleration in business travel and robust urban leisure trends. Strategic financial moves in 2026 included refinancing two mortgage loans to extend maturity to April 2029, recasting a $600.0 million credit facility to extend maturity to February 2030, and upsizing a delayed draw term loan to $569.0 million in June. A new $250.0 million share repurchase program was approved in May 2026. In September 2026, Raymond James downgraded RLJ Lodging Trust to 'market perform' from 'outperform,' which led to a fall in shares. Analyst ratings in October 2026 included a consensus 'Reduce' rating from Wall Street brokerages, with an average price target of $11.69. Seeking Alpha published conflicting analyses in October 2026, with one article upgrading RLJ to a 'buy' due to its quality portfolio and positive FFO guidance, while another downgraded it to 'Hold' citing elevated leverage despite operational improvements. Overall, RLJ shares have increased by 45.45% in the past six months and 61.62% in the past year.