RLJ Lodging Trust Dividends and Buybacks
Dividend criteria checks 4/6
RLJ Lodging Trust is a dividend paying company with a current yield of 5.5% that is well covered by earnings.
Key information
5.5%
Dividend yield
0.3%
Buyback Yield
| Total Shareholder Yield | 5.8% |
| Future Dividend Yield | 5.9% |
| Dividend Growth | -15.8% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 59% |
Recent dividend and buyback updates
Recent updates
RLJ Lodging Trust: A High-Quality REIT That Remains Undervalued
Summary RLJ Lodging Trust is a Buy as the valuation offers a margin of safety despite recent price appreciation. RLJ delivered strong Q2 results with RevPAR up 6.8% YoY, occupancy at 77%, and Adjusted FFO per share up 8.3%. 2026 guidance was raised: RevPAR growth now 3.5%–4.5%, Adjusted FFO per share $1.37–$1.50, and solid cash position with no debt maturity until 2029. Risks include near-term macro headwinds and consumer pressure, but supply constraints and business travel recovery support the investment thesis. Read the full article on Seeking Alpha
RLJ: Fair Value View Balances Urban Upside And Rich Lodging Repricing Risks
Analysts lifted the fair value estimate for RLJ Lodging Trust from $10.34 to $11.32, as consolidated price targets in the $9.50 to $13 range reflect updated views on lodging REIT valuations and demand trends, even as profit margin assumptions are reset and future P/E expectations move materially higher. Analyst Commentary Recent research on RLJ Lodging Trust points to a mixed setup.
RLJ: Recent Share Rally Will Test Lofty Earnings Expectations
Analysts lifted the fair value estimate for RLJ Lodging Trust from $7.00 to $9.00, reflecting higher Street price targets in the $9.00 to $13.00 range, as well as updated views on sector demand, valuation, and the company’s positioning in urban markets and higher-ADR assets. Analyst Commentary Street research on RLJ Lodging Trust has shifted toward a more balanced and, in several cases, cautious tone, even as price targets have moved higher across much of the coverage.
RLJ: Urban Event Demand And Buybacks Will Drive Further Upside
Analysts have lifted the fair value estimate for RLJ Lodging Trust from $11.62 to $13.00, citing higher price targets across the Street in the $9 to $13 range, slightly adjusted revenue growth assumptions, improved profit margin expectations, a lower discount rate, and a reduced future P/E multiple. Analyst Commentary Recent research on RLJ Lodging Trust points to a cluster of higher fair value views, with price targets in the US$9 to US$13 range and generally constructive commentary around the company’s positioning, balance sheet, and management track record.RLJ: Recent Share Surge Will Face Risk As Earnings Catch Up
RLJ Lodging Trust's fair value estimate has shifted from $8.43 to $10.34 as analysts raise price targets into a $9 to $13 range, pointing to sector rerating, urban market exposure, financial flexibility, and steady demand drivers, while also flagging valuation caution after recent share outperformance. Analyst Commentary Recent research on RLJ Lodging Trust shows a mix of optimism and caution, with several firms revising price targets into a higher range while also highlighting valuation risk after the stock's recent outperformance versus the lodging sector.Urban Event Demand And Brand Conversions Will Support A Stronger Future For This Hotel REIT
Catalysts About RLJ Lodging Trust RLJ Lodging Trust is a US-focused hotel real estate investment trust with a portfolio concentrated in urban, full service and upscale hotels across major business and tourism markets. What are the underlying business or industry changes driving this perspective?RLJ Lodging Trust: Extreme Pessimism Reflected In The Share Price (Rating Upgrade)
Summary RLJ Lodging Trust is a hotel REIT focused on urban hotels in the Sunbelt region. Q4 2024 and early 2025 operating performance has been solid. Investors, however, are worried about the future, with recent warnings signs increasing the odds that RLJ cuts its 2025 outlook. This is more than reflected in the company's valuation and share price, which is trading at levels last seen during the COVID-19 pandemic. The REIT's preferred shares offer high current income with a substantial safety cushion for risk-averse investors. Key risks to consider include a potential U.S. recession and a high proportion of debt in the capital structure. Read the full article on Seeking AlphaRLJ Lodging Trust: Preferred Shares Offer A Yield Close To 8%
Summary RLJ Lodging Trust’s preferred shares offer a 7.8% yield and are unlikely to be called due to the common stock trading below $10. The REIT’s financials are strong, with AFFO covering preferred dividends by a wide margin, ensuring a safety cushion for investors. With $2B in common equity ranking junior to preferred shares, there’s a significant buffer against potential losses. I hold a long position in RLJ’s preferred shares and consider adding more below par for an 8% yield, while monitoring common shares. Read the full article on Seeking AlphaRLJ Lodging Trust: I Don't Mind Locking In A 7.9% Yield
Summary RLJ Lodging Trust's preferred shares are attractive as they cannot be easily called by the issuer. The preferred dividends are well-covered, with a payout ratio of just over 10%. The balance sheet of RLJ Lodging Trust is strong, with a low LTV ratio and sufficient common equity. Read the full article on Seeking AlphaStability and Growth of Payments
Fetching dividends data
Stable Dividend: RLJ's dividend payments have been volatile in the past 10 years.
Growing Dividend: RLJ's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| RLJ Lodging Trust Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (RLJ) | 5.5% |
| Market Bottom 25% (US) | 1.3% |
| Market Top 25% (US) | 4.0% |
| Industry Average (Hotel and Resort REITs) | 4.1% |
| Analyst forecast (RLJ) (up to 3 years) | 5.9% |
Notable Dividend: RLJ's dividend (5.5%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: RLJ's dividend (5.5%) is in the top 25% of dividend payers in the US market (4.02%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (58.7%), RLJ's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.9%), RLJ's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/12 11:00 |
| End of Day Share Price | 2026/08/12 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
RLJ Lodging Trust is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Bellisario | Baird |
| Felicia Kantor Hendrix | Barclays |
| Richard Hightower | Barclays |