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RLJ Lodging Trust (RLJ)

NYSE - Nasdaq Real Time Price. Currency in USD
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7.84-0.39 (-4.79%)
As of 11:36AM EDT. Market open.
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  • m
    mahmoud
    I started following "awesomestokcalerts" (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • H
    Howey
    I started following "lionstock-aletrs” (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
  • J
    John
    How is this stock going to do if things go on like this for 18 months till a vaccine. Will it survive? I know it has a lot of cash and recently suspended the dividend. Opinions? Are the common dividends cumulative?
  • r
    rosette
    They are shopping for a bankruptcy law firm
  • P
    Peter
    Watch Out BELOW: CEO and Directors have been selling shares in Nov at $6.69 or higher:

    11/18/2019 JOHNSON, ROBERT L. Chairman Disposition (Non Open Market) 1,040 $16.74 17.4K 1,196,472
    11/18/2019 HALE, LESLIE D. Chief Executive Officer Disposition (Non Open Market) 1,309 $16.74 21.9K 441,174
    11/18/2019 GORMSEN, CHRISTOPHER ANDREW Chief Accounting Officer Disposition (Non Open Market) 130 $16.74 2.2K 45,859
    11/15/2019 GORMSEN, CHRISTOPHER ANDREW Chief Accounting Officer Disposition (Non Open Market) 123 $16.69 2.1K 45,989
    11/15/2019 HALE, LESLIE D. Chief Executive Officer Disposition (Non Open Market) 1,526 $16.69 25.5K 442,483
  • A
    Anonymous
    John, dividends are not cumulative on the common, only on the preferred. Dividends recently cut to $.01 per share, likely so they wouldn’t be dropped by the funds that can hold only dividend payers.
  • R
    Richard
    I was actually looking at RLJ and also PK as investments as their equity prices have fallen dramatically this year. Then today I read the following in the Sunday newspaper in the real estate section of my paper:

    “Orange County Register, August 25, 2019”
    “Hospitality Industry”
    “Southern California’s hotel building boom is heating up just as tourism faces everything from declining visitor growth, a labor shortage and rising costs.”
    “…89 hotels with 14,016 rooms were under construction at midyear…”
    “…462 hotels with 67,964 rooms are on drawing boards at midyear…and this building boom is not just a local trend.”

    I also expect Trump's trade war will lead to a recession and the stock market will dive in 2020-2021. My conclusion is that hotel reits are going to continue to fall for the next year.

    Where are these REITS going to find hotel workers in California and labor costs go up in 2020 to $14 per hour minimum wage and in 2021 to $15 per hour in California. I see a perfect storm brewing as PK has 3,000 rooms in California and RLJ has over 20 hotels in California.

    I have concluded that this is a bad time to hold hotel reits. Will wait for 1-2 years to see how this plays out: the hotel room glut, rising operating costs and Chinese tourists are staying away from the United States. These Chinese tourists use to flood our California tourist locations.
  • w
    wde
    I think its a good time to buy, book value at or near stock price, yield high, if no recession (if so, I believe a short one) hotels will still be filled (young folks want vacations).
  • M
    Michael
    I went in BIG today to support this African American company.
  • s
    stephen
    looking forward to tonight's earnings report....may it be a good one Mrs Hale
  • B
    Bill
    will be in 18.60 by end of the month
  • s
    stephen
    thanks for the profit today....see you if and when you drop
  • A
    Alindallas2000
    Just started looking at this when I saw CFRA had it rated as a buy. Has an attractive dividend, but only because the pps has declined so much over the last several years. Actual dividend had been flat for several years while cash has been used to fund share repurchases. While I'm not opposed to share buybacks, they are often used when management can't find more attractive uses for excess funds. And why no growth in the dividend. I like the balance sheet and the fact that insiders have made open market purchases recently at prices higher than the current pps. Anyone out there following this stock with any helpful insights?
  • s
    stephen
    Hummm...i do believe this is a good one JMO.......long position...
  • A
    Anonymous
    SKA - don’t disagree that it is great to see the dividend being paid, however since it is cumulative, as long as they stay solvent it’s - pay it now or pay it later. When FelCor owner these bonds they suspended the dividend for a while, ended up paying a nice catch up payment when it was re-established, tends to prop up the underlying price of the stock too since the unpaid dividend is built in - again as long as solvent I suppose. We will see what they do with the extraordinary call provision, not sure how that can play out
  • s
    ska_tango
    In terms of offered dividend - just something as a confidence builder. It make sense. Expect the same for the duration of "uncertainty". Then slowly climbing out of the hole.
  • s
    stephen
    got out today....let her drop and be right back in
  • C
    Chi
    Gibson Patricia L, Director of RLJ Lodging Trust bought 5000 shares on 2020-03-10. https://formwhispers.com/s?t=RLJ
    FormWhispers - Trading Ideas from Insiders RLJ Lodging Trust RLJ.
    FormWhispers - Trading Ideas from Insiders RLJ Lodging Trust RLJ.
    formwhispers.com
  • Y
    Yahoo Finance Insights
    RLJ is up 4.90% to 21.61
  • s
    stephen
    humm. interesting comapany