Shares of Service Properties Trust (NASDAQ:SVC – Get Free Report) have earned a consensus recommendation of “Hold” from the five research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $2.50.
A number of equities research analysts have issued reports on the stock. Weiss Ratings lowered shares of Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 26th. Odeon Capital Group initiated coverage on shares of Service Properties Trust in a research report on Friday, May 8th. They issued a “buy” rating and a $3.50 target price for the company. Wall Street Zen cut shares of Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, B. Riley Financial raised shares of Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 target price for the company in a research report on Thursday, April 2nd.
Insider Activity at Service Properties Trust
Institutional Investors Weigh In On Service Properties Trust
Several institutional investors and hedge funds have recently modified their holdings of SVC. AQR Capital Management LLC lifted its position in Service Properties Trust by 30.8% during the 1st quarter. AQR Capital Management LLC now owns 1,346,098 shares of the real estate investment trust’s stock valued at $3,446,000 after acquiring an additional 317,218 shares during the period. Goldman Sachs Group Inc. lifted its position in Service Properties Trust by 114.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock valued at $10,749,000 after acquiring an additional 2,200,754 shares during the period. Strs Ohio purchased a new position in Service Properties Trust during the 1st quarter valued at about $77,000. Cetera Investment Advisers lifted its position in Service Properties Trust by 54.5% during the 2nd quarter. Cetera Investment Advisers now owns 104,585 shares of the real estate investment trust’s stock valued at $250,000 after acquiring an additional 36,873 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Service Properties Trust by 15.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 955,257 shares of the real estate investment trust’s stock valued at $2,283,000 after acquiring an additional 125,256 shares during the period. 77.62% of the stock is owned by hedge funds and other institutional investors.
Service Properties Trust Price Performance
Shares of Service Properties Trust stock opened at $1.54 on Tuesday. The firm has a market cap of $996.70 million, a PE ratio of -1.08 and a beta of 1.65. Service Properties Trust has a 12-month low of $1.13 and a 12-month high of $3.08. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 4.56. The company’s fifty day simple moving average is $1.55 and its two-hundred day simple moving average is $1.84.
Service Properties Trust (NASDAQ:SVC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.40. The business had revenue of $364.45 million for the quarter, compared to analyst estimates of $347.82 million. Service Properties Trust had a negative net margin of 13.59% and a negative return on equity of 38.18%. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. As a group, equities analysts expect that Service Properties Trust will post 0.25 EPS for the current year.
Service Properties Trust Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Tuesday, April 21st were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Tuesday, April 21st. Service Properties Trust’s dividend payout ratio (DPR) is currently -2.82%.
About Service Properties Trust
Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.
Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.
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