Brokerages expect that Red Lion Hotels Co. (NYSE:RLH) will post $39.10 million in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Red Lion Hotels’ earnings, with estimates ranging from $38.52 million to $39.67 million. Red Lion Hotels reported sales of $40.81 million in the same quarter last year, which would suggest a negative year-over-year growth rate of 4.2%. The company is expected to announce its next earnings report on Tuesday, March 6th.

According to Zacks, analysts expect that Red Lion Hotels will report full-year sales of $39.10 million for the current financial year, with estimates ranging from $171.95 million to $173.10 million. For the next year, analysts forecast that the company will post sales of $184.30 million per share, with estimates ranging from $182.41 million to $186.19 million. Zacks’ sales averages are a mean average based on a survey of sell-side research firms that cover Red Lion Hotels.

Red Lion Hotels (NYSE:RLH) last released its earnings results on Thursday, November 2nd. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. The business had revenue of $51.02 million for the quarter, compared to the consensus estimate of $50.69 million. Red Lion Hotels had a negative return on equity of 2.53% and a negative net margin of 1.81%.

A number of research firms recently issued reports on RLH. Zacks Investment Research raised Red Lion Hotels from a “sell” rating to a “hold” rating in a research report on Tuesday, November 28th. ValuEngine raised Red Lion Hotels from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Finally, B. Riley set a $13.00 price target on Red Lion Hotels and gave the stock a “buy” rating in a research report on Monday, October 23rd.

In other Red Lion Hotels news, Director Pacific Opportunity F. Columbia sold 300,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $8.30, for a total transaction of $2,490,000.00. Following the transaction, the director now owns 1,510,105 shares of the company’s stock, valued at $12,533,871.50. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Thomas L. Mckeirnan sold 22,000 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $9.22, for a total value of $202,840.00. The disclosure for this sale can be found here. 14.70% of the stock is owned by insiders.

Several large investors have recently modified their holdings of RLH. Sorin Capital Management LLC bought a new stake in shares of Red Lion Hotels during the second quarter worth approximately $1,413,000. B. Riley Financial Inc. bought a new stake in shares of Red Lion Hotels during the third quarter worth approximately $1,517,000. Segall Bryant & Hamill LLC bought a new stake in shares of Red Lion Hotels during the third quarter worth approximately $1,306,000. Kennedy Capital Management Inc. bought a new stake in shares of Red Lion Hotels during the second quarter worth approximately $797,000. Finally, Eidelman Virant Capital boosted its holdings in shares of Red Lion Hotels by 7.0% during the third quarter. Eidelman Virant Capital now owns 1,315,981 shares of the company’s stock worth $11,383,000 after acquiring an additional 86,000 shares during the period. Institutional investors own 66.84% of the company’s stock.

Red Lion Hotels (RLH) traded up $0.05 during trading hours on Monday, hitting $10.15. The company had a trading volume of 128,000 shares, compared to its average volume of 85,456. The company has a current ratio of 1.36, a quick ratio of 1.35 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $239.80, a P/E ratio of -56.39 and a beta of 0.77. Red Lion Hotels has a twelve month low of $6.15 and a twelve month high of $10.15.

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Red Lion Hotels Company Profile

Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.

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