RLJ Lodging Trust
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Small Cap ValueCompany profile

RLJ Lodging Trust is a self-administered real estate investment trust. The Company is engaged in the acquisition of focused-service and compact full-service hotels. As of September 6, 2018, the Company owned 152 hotels with 29,490 rooms, located in 26 states and the District of Columbia, and an interest in one mortgage loan secured by a hotel. Its hotels' brand affiliations include Residence Inn, Courtyard, SpringHill Suites, Fairfield Inn & Suites, Marriott, Renaissance, Hilton Garden Inn, Hampton Inn/Hampton Inn & Suites, Embassy Suites, DoubleTree, Homewood Suites, Hilton, Hyatt House, Hyatt Place and Hyatt/Hyatt Centric. Its operating partnership is RLJ Lodging Trust, L.P. Its properties include Courtyard San Francisco, Courtyard Boulder Longmont, Residence Inn Longmont Boulder, DoubleTree Grand Key Resort, Courtyard Atlanta Buckhead, Courtyard Chicago Southeast Hammond, Courtyard Louisville Northeast, DoubleTree Hotel Columbia and Residence Inn Detroit Novi.

Closing Price
$26.61
Day's Change
0.01 (0.04%)
Bid
--
Ask
--
B/A Size
--
Day's High
26.66
Day's Low
26.59
Volume
(Below Average)
Volume:
30,617

10-day average volume:
35,579
30,617

Roku stock gains after Susquehanna starts coverage with bullish rating

8:08 am ET April 23, 2019 (MarketWatch)
Print

Shares of Roku Inc. (ROKU) were up 2.2% in premarket trading Tuesday after Susquehanna analyst Shyam Patil began coverage of the stock with a positive rating and $80 target price. Roku's operating system "is purpose built for low-cost TV hardware, while its competitors have largely repurposed operating systems from phones and tablets, and this matters as TV profit margins are razor thin and the hardware in TVs is not nearly as sophisticated as mobile devices," he wrote. "Second, Roku is unbiased with the content it allows on its platform, and this is important as the apps from the top 4 players all have at least 30% reach of total over-the-top households." He sees the connected-TV ad market inflecting and called Roku one of the top ways to play this trend. "In all, we see Roku as a 30%+ top-line grower with upside potential and a clear path to sustainable profitability," Patil wrote. Roku's stock has gained 90% so far this year, as the S&P 500 has risen 16%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

April 23, 2019 08:08 ET (12:08 GMT)

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