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

Service Properties Trust (NASDAQ:SVC) is anticipated to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.32) per share and revenue of $443.61 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Service Properties Trust Price Performance

NASDAQ:SVC opened at $2.62 on Wednesday. Service Properties Trust has a one year low of $2.29 and a one year high of $7.73. The company has a market cap of $436.62 million, a P/E ratio of -1.78 and a beta of 2.19. The firm’s fifty day moving average price is $2.63 and its two-hundred day moving average price is $3.52. 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Monday, January 27th will be issued a $0.01 dividend. The ex-dividend date is Monday, January 27th. This represents a $0.04 annualized dividend and a dividend yield of 1.53%. Service Properties Trust’s dividend payout ratio is currently -2.72%.

Analyst Ratings Changes

Separately, Wells Fargo & Company decreased their price objective on shares of Service Properties Trust from $2.75 to $2.50 and set an “underweight” rating on the stock in a report on Tuesday.

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.