Service Properties Trust (SVC) Projected to Post Quarterly Earnings on Tuesday

Service Properties Trust (NASDAQ:SVC) is projected to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect Service Properties Trust to post earnings of $0.03 per share and revenue of $433.21 million for the quarter.

Service Properties Trust Trading Up 3.7 %

Shares of NASDAQ:SVC opened at $1.97 on Monday. The company has a current ratio of 0.03, a quick ratio of 0.03 and a debt-to-equity ratio of 4.32. The stock has a market capitalization of $328.27 million, a PE ratio of -1.34 and a beta of 1.77. Service Properties Trust has a 1 year low of $1.71 and a 1 year high of $6.34. The firm has a fifty day moving average price of $2.32 and a 200 day moving average price of $2.63.

Service Properties Trust Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Tuesday, April 22nd will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Tuesday, April 22nd. This represents a $0.04 annualized dividend and a dividend yield of 2.03%. Service Properties Trust’s dividend payout ratio (DPR) is presently -2.40%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SVC. Wells Fargo & Company upgraded Service Properties Trust from an “underweight” rating to an “overweight” rating and boosted their target price for the stock from $2.50 to $4.00 in a report on Wednesday, March 19th. B. Riley began coverage on shares of Service Properties Trust in a report on Tuesday, April 22nd. They set a “neutral” rating and a $2.00 price objective for the company.

About Service Properties Trust

Service Properties Trust (Nasdaq: SVC) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. As of December 31, 2023, SVC owned 221 hotels with over 37,000 guest rooms throughout the United States and in Puerto Rico and Canada, the majority of which are extended stay and select service.