Service Properties Trust (NASDAQ:SVC) Given Consensus Rating of “Hold” by Brokerages

Service Properties Trust (NASDAQ:SVC) has been given a consensus rating of “Hold” by the five research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $2.6667.

SVC has been the subject of several recent research reports. B. Riley Financial lifted their price target on Service Properties Trust from $2.00 to $2.50 and gave the company a “buy” rating in a research report on Wednesday, June 17th. Odeon Capital Group began coverage on Service Properties Trust in a research report on Friday, May 8th. They issued a “buy” rating and a $3.50 price objective for the company. Wall Street Zen cut Service Properties Trust from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings cut Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th.

Insiders Place Their Bets

In other Service Properties Trust news, Director Donna D. Fraiche acquired 83,333 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was acquired at an average cost of $1.20 per share, for a total transaction of $99,999.60. Following the completion of the transaction, the director directly owned 182,013 shares of the company’s stock, valued at $218,415.60. This represents a 84.45% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Brian E. Donley acquired 55,000 shares of the business’s stock in a transaction dated Thursday, April 2nd. The stock was acquired at an average price of $1.20 per share, with a total value of $66,000.00. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 41,914,999 shares of company stock valued at $50,297,999 over the last ninety days. 1.57% of the stock is owned by corporate insiders.

Institutional Trading of Service Properties Trust

A number of institutional investors and hedge funds have recently made changes to their positions in SVC. BNP Paribas Financial Markets raised its holdings in shares of Service Properties Trust by 54.4% in the 2nd quarter. BNP Paribas Financial Markets now owns 14,470 shares of the real estate investment trust’s stock valued at $35,000 after buying an additional 5,099 shares during the period. Cerity Partners LLC increased its holdings in Service Properties Trust by 40.2% during the 2nd quarter. Cerity Partners LLC now owns 29,838 shares of the real estate investment trust’s stock worth $71,000 after purchasing an additional 8,554 shares during the period. Jain Global LLC increased its holdings in Service Properties Trust by 37.8% during the 4th quarter. Jain Global LLC now owns 34,638 shares of the real estate investment trust’s stock worth $64,000 after purchasing an additional 9,500 shares during the period. Renaissance Technologies LLC increased its holdings in Service Properties Trust by 10.9% during the 4th quarter. Renaissance Technologies LLC now owns 122,400 shares of the real estate investment trust’s stock worth $225,000 after purchasing an additional 12,000 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in Service Properties Trust by 98.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 24,150 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 12,006 shares during the period. 77.62% of the stock is currently owned by hedge funds and other institutional investors.

Service Properties Trust Stock Up 0.6%

Shares of SVC stock opened at $1.71 on Friday. The stock has a 50 day moving average of $1.63 and a 200 day moving average of $1.83. The company has a current ratio of 0.01, a quick ratio of 0.01 and a debt-to-equity ratio of 4.56. The stock has a market cap of $1.11 billion, a P/E ratio of -1.20 and a beta of 1.65. Service Properties Trust has a twelve month low of $1.13 and a twelve month high of $3.08.

Service Properties Trust shares are set to reverse split before the market opens on Tuesday, July 7th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, July 6th.

Service Properties Trust (NASDAQ:SVC) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.40. The company had revenue of $364.45 million during the quarter, compared to analysts’ expectations of $347.82 million. Service Properties Trust had a negative return on equity of 38.18% and a negative net margin of 13.59%.Service Properties Trust has set its FY 2026 guidance at 0.240-0.270 EPS. As a group, sell-side analysts expect that Service Properties Trust will post 0.25 EPS for the current year.

Service Properties Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Tuesday, April 21st were given a $0.01 dividend. The ex-dividend date was Tuesday, April 21st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.3%. Service Properties Trust’s payout ratio is -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.