|Bid||18.95 x 300|
|Ask||21.99 x 500|
|Day's Range||21.70 - 21.92|
|52 Week Range||18.92 - 25.10|
|PE Ratio (TTM)||15.12|
|Dividend & Yield||1.32 (6.08%)|
|1y Target Est||N/A|
Short interest is low for RLJ with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on August 31. Over the last month, ETFs holding RLJ are favorable, with net inflows of $3.82 billion.
Forest City Realty Trust Inc., parent of Forest City Washington, will explore a potential merger or sale, among other options to "enhance stockholder value," the company announced Monday. In a press release, the company emphasized the review may not result in any change or transaction, and there is no timetable to complete the review.
After a 16 percent-decline since the start of 2017, analysts at Canaccord Genuity are now convinced that RLJ Lodging Trust (NYSE: RLJ ) is a compelling stock to own. The firm's Ryan Meliker upgrades RLJ ...