Brokerages Set Service Properties Trust (NASDAQ:SVC) Price Target at $12.81

Shares of Service Properties Trust (NASDAQ:SVC) have been assigned a consensus rating of “Hold” from the six research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $12.8125.

SVC has been the topic of a number of research reports. B. Riley Financial upped their price target on shares of Service Properties Trust from $10.00 to $12.50 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Weiss Ratings cut Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th. Odeon Capital Group assumed coverage on Service Properties Trust in a research note on Friday, May 8th. They issued a “buy” rating and a $17.50 target price on the stock. LADENBURG THALM/SH SH began coverage on Service Properties Trust in a research report on Tuesday, June 30th. They issued a “buy” rating and a $11.25 target price on the stock. Finally, Wall Street Zen downgraded Service Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th.

Institutional Trading of Service Properties Trust

A number of institutional investors have recently added to or reduced their stakes in the business. Yorkville Advisors Global LP bought a new stake in Service Properties Trust in the first quarter worth approximately $28,333,000. Charles Schwab Investment Management Inc. lifted its stake in shares of Service Properties Trust by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,693,982 shares of the real estate investment trust’s stock valued at $15,997,000 after purchasing an additional 136,283 shares during the last quarter. Capital Management Corp VA boosted its holdings in Service Properties Trust by 1.8% in the fourth quarter. Capital Management Corp VA now owns 7,089,800 shares of the real estate investment trust’s stock worth $13,045,000 after purchasing an additional 125,395 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in Service Properties Trust by 8.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,810,031 shares of the real estate investment trust’s stock worth $12,530,000 after purchasing an additional 553,942 shares in the last quarter. Finally, Susquehanna Advisors Group Inc. increased its position in Service Properties Trust by 17.4% during the fourth quarter. Susquehanna Advisors Group Inc. now owns 6,014,299 shares of the real estate investment trust’s stock worth $11,066,000 after buying an additional 892,880 shares during the last quarter. 77.62% of the stock is currently owned by institutional investors and hedge funds.

Service Properties Trust Stock Performance

Shares of SVC opened at $8.46 on Wednesday. The company’s 50 day moving average price is $8.50 and its 200 day moving average price is $9.07. Service Properties Trust has a 52 week low of $5.65 and a 52 week high of $15.20. The company has a market capitalization of $1.10 billion, a PE ratio of -1.19 and a beta of 1.65. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.01 and a current ratio of 0.01.

Service Properties Trust (NASDAQ:SVC) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share for the quarter, beating the consensus estimate of ($1.82) by $2.02. The firm had revenue of $364.45 million for the quarter, compared to analyst estimates of $347.82 million. Service Properties Trust had a negative net margin of 13.59% and a negative return on equity of 38.18%. Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. Research analysts expect that Service Properties Trust will post 1.25 EPS for the current fiscal year.

Service Properties Trust Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Investors of record on Monday, July 20th will be issued a $0.05 dividend. This is an increase from Service Properties Trust’s previous quarterly dividend of $0.05. This represents a $0.20 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, July 20th. Service Properties Trust’s dividend payout ratio is currently -2.82%.

Service Properties Trust Company Profile

Service Properties Trust (NASDAQ: SVC) is a real estate investment trust (REIT) specializing in the acquisition, ownership and leasing of service-oriented properties, with a primary focus on the lodging sector. The company structures long-term, triple-net leases with established hotel operators under franchise agreements with leading global brands. By partnering with recognized hotel companies, Service Properties Trust seeks to generate a stable income stream through rent payments, while offering operators the capital and balance-sheet flexibility to grow their portfolios.

Since its formation in 2010, Service Properties Trust has grown its portfolio through strategic sale-leaseback transactions, targeted property acquisitions and selective dispositions.