Brokerages Set Service Properties Trust (NASDAQ:SVC) Price Target at $2.50

Shares of Service Properties Trust (NASDAQ:SVC) have been assigned an average rating of “Hold” from the five brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $2.50.

Several equities research analysts have weighed in on the company. Weiss Ratings downgraded Service Properties Trust from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday, May 26th. B. Riley Financial raised Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price target on the stock in a research report on Thursday, April 2nd. Odeon Capital Group initiated coverage on Service Properties Trust in a research report on Friday, May 8th. They set a “buy” rating and a $3.50 price target on the stock. Finally, Wall Street Zen lowered shares of Service Properties Trust from a “hold” rating to a “sell” rating in a research note on Saturday, May 9th.

Insiders Place Their Bets

In other Service Properties Trust news, CFO Brian E. Donley purchased 55,000 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was purchased at an average price of $1.20 per share, for a total transaction of $66,000.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Christopher J. Bilotto purchased 100,000 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was acquired at an average price of $1.20 per share, with a total value of $120,000.00. The disclosure for this purchase is available in the SEC filing. Insiders have bought 41,914,999 shares of company stock worth $50,297,999 in the last 90 days. 1.57% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Service Properties Trust

Several institutional investors and hedge funds have recently modified their holdings of SVC. Yorkville Advisors Global LP purchased a new position in shares of Service Properties Trust in the 1st quarter valued at about $28,333,000. Lonestar Capital Management LLC purchased a new position in shares of Service Properties Trust in the 3rd quarter valued at about $7,412,000. Goldman Sachs Group Inc. increased its stake in shares of Service Properties Trust by 114.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,118,530 shares of the real estate investment trust’s stock valued at $10,749,000 after purchasing an additional 2,200,754 shares in the last quarter. Silver Point Capital L.P. increased its stake in shares of Service Properties Trust by 93.3% in the 4th quarter. Silver Point Capital L.P. now owns 3,439,000 shares of the real estate investment trust’s stock valued at $6,328,000 after purchasing an additional 1,660,000 shares in the last quarter. Finally, Philosophy Capital Management LLC purchased a new position in shares of Service Properties Trust in the 3rd quarter valued at about $3,838,000. Hedge funds and other institutional investors own 77.62% of the company’s stock.

Service Properties Trust Price Performance

Shares of SVC opened at $1.57 on Tuesday. The business’s 50-day moving average is $1.55 and its two-hundred day moving average is $1.84. The company has a market capitalization of $1.02 billion, a P/E ratio of -1.11 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 has a fifty-two week low of $1.13 and a fifty-two week high of $3.08.

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, topping the consensus estimate of ($0.36) by $0.40. The company had revenue of $364.45 million for the quarter, compared to the consensus estimate 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. Research analysts predict that Service Properties Trust will post 0.25 earnings per share for the current year.

Service Properties Trust Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Tuesday, April 21st were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Tuesday, April 21st. Service Properties Trust’s 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.