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

Service Properties Trust logo with Finance background

Service Properties Trust (NASDAQ:SVC - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Service Properties Trust to post earnings of ($0.32) per share and revenue of $446.64 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

Service Properties Trust Stock Performance

Shares of SVC traded down $0.09 during trading hours on Friday, hitting $2.69. The company's stock had a trading volume of 1,398,525 shares, compared to its average volume of 1,443,916. The business has a 50 day simple moving average of $2.63 and a two-hundred day simple moving average of $3.49. The company has a market cap of $448.29 million, a price-to-earnings ratio of -1.83 and a beta of 2.19. Service Properties Trust has a 52-week low of $2.29 and a 52-week high of $7.73. The company has a debt-to-equity ratio of 4.32, a current ratio of 0.03 and a quick ratio of 0.03.

Service Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Monday, January 27th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $0.04 annualized dividend and a yield of 1.49%. Service Properties Trust's dividend payout ratio is currently -2.72%.

Analyst Ratings Changes

Separately, Wells Fargo & Company reduced their price objective on shares of Service Properties Trust from $2.75 to $2.50 and set an "underweight" rating for the company in a research note on Tuesday.

Check Out Our Latest Stock Analysis on Service Properties Trust

About Service Properties Trust

(Get Free Report)

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.

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Earnings History for Service Properties Trust (NASDAQ:SVC)

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