Service Properties Trust (SVC) Expected to Announce Quarterly Earnings on Wednesday

Service Properties Trust (NASDAQ:SVC) will likely 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 interested in registering for the company’s earnings conference call can do so using this link.

Service Properties Trust Stock Down 0.7 %

SVC opened at $2.67 on Tuesday. Service Properties Trust has a one year low of $2.29 and a one year high of $7.73. The company has a debt-to-equity ratio of 4.32, a quick ratio of 0.03 and a current ratio of 0.03. The stock’s fifty day moving average is $2.63 and its 200-day moving average is $3.45. The company has a market capitalization of $444.95 million, a PE ratio of -1.82 and a beta of 2.19.

Service Properties Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Monday, January 27th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Monday, January 27th. Service Properties Trust’s dividend payout ratio is presently -2.72%.

Wall Street Analyst Weigh In

Separately, Wells Fargo & Company dropped their price objective on Service Properties Trust from $2.75 to $2.50 and set an “underweight” rating on the stock in a research note on Tuesday, February 18th.

Service Properties Trust Company Profile

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.