RLJ

RLJ Lodging Trust delivered strong Q2 2026 results, raising full-year guidance and extending robust operating momentum across its portfolio. RLJ now trades at a P/AFFO multiple of 8x, narrowing its discount to peers but limiting the deep-value thesis that previously justified a 'Buy' rating. Leverage remains elevated at 6.36x net debt/EBITDA, though refinancing has pushed maturities out to 2029, and liquidity stands at $1B.

RLJ Lodging (RLJ) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

RLJ Lodging Trust (RLJ) Q2 2026 Earnings Call Transcript

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2026. Second Quarter Highlights Comparable RevPAR of $167.15, an increase of 6.8% over the prior year Comparable Hotel Revenue of $382.0 million, an increase of 6.8% over the prior year Net income of $31.3 million, an increase of 9.4% over the prior year Comparable Hotel EBITDA of $119.5 million, an increase of 7.1% over the prior year Comparable Hotel.

RLJ Lodging Trust Series A Preferred, RLJ.PR.A, is a busted convertible, trading as a perpetual high-yield security with a ~7.8% yield. RLJ.PR.A offers strong dividend coverage, with FFO before preferred dividends at ~$50.8M and an 8x coverage ratio, supported by ~$353M in liquidity. The preferred shares have minimal near-term redemption or conversion risk, as forced conversion requires RLJ common to reach $89.09 versus the current ~$12.

Every month, we run a screen for dividend growth stocks that could offer some ideas for further due diligence. The screening process considers dividend safety, dividend growth, and dividend growth consistency. REITs tend to show up quite regularly, and that has been particularly notable this month, as we will take a quick dive into three of them.

Income investors entered the second half of 2026 with a familiar problem: plenty of headline yields, not enough sustainable ones.

DEC, SU and RLJ made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 7, 2026.

Does RLJ Lodging (RLJ) have what it takes to be a top stock pick for momentum investors? Let's find out.

RLJ Lodging (RLJ) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.