Service Properties Trust (NASDAQ:SVC) Receives $12.81 Average Price Target from Brokerages

Shares of Service Properties Trust (NASDAQ:SVC) have been assigned an average recommendation of “Hold” from the six analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $12.8125.

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

Service Properties Trust Price Performance

Shares of NASDAQ:SVC opened at $8.41 on Wednesday. The firm has a market capitalization of $1.09 billion, a PE ratio of -1.18 and a beta of 1.65. The company has a quick ratio of 0.01, a current ratio of 0.01 and a debt-to-equity ratio of 4.56. The company has a 50-day moving average price of $8.50 and a two-hundred day moving average price of $9.04. Service Properties Trust has a twelve month low of $5.65 and a twelve month high of $15.05.

Service Properties Trust (NASDAQ:SVC) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.82) by $2.02. The company 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. Equities analysts forecast that Service Properties Trust will post 1.25 EPS for the current year.

Service Properties Trust Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SVC. Bank of America Corp DE raised its position in shares of Service Properties Trust by 1.8% in the first quarter. Bank of America Corp DE now owns 2,338,854 shares of the real estate investment trust’s stock worth $3,169,000 after buying an additional 42,317 shares in the last quarter. SummitTX Capital L.P. purchased a new position in Service Properties Trust during the first quarter worth about $88,000. Arrowstreet Capital Limited Partnership purchased a new position in Service Properties Trust during the first quarter worth about $95,000. Sei Investments Co. increased its stake in Service Properties Trust by 17.6% in the 1st quarter. Sei Investments Co. now owns 148,593 shares of the real estate investment trust’s stock worth $201,000 after acquiring an additional 22,267 shares during the last quarter. Finally, Yorkville Advisors Global LP bought a new position in Service Properties Trust in the 1st quarter worth about $28,333,000. 77.62% of the stock is currently owned by hedge funds and other institutional investors.

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.