Service Properties Trust (NASDAQ:SVC) Coverage Initiated by Analysts at Odeon Capital Group

Odeon Capital Group started coverage on shares of Service Properties Trust (NASDAQ:SVC) in a research report sent to investors on Friday morning, Marketbeat.com reports. The firm issued a buy rating and a $3.50 target price on the real estate investment trust’s stock.

SVC has been the subject of a number of other research reports. Wall Street Zen raised shares of Service Properties Trust from a “sell” rating to a “hold” rating in a research note on Saturday, March 28th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Service Properties Trust in a research note on Tuesday, April 21st. Zacks Research downgraded shares of Service Properties Trust from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 30th. B. Riley Financial raised shares of Service Properties Trust from a “neutral” rating to a “buy” rating and set a $2.00 price target for the company in a research note on Thursday, April 2nd. Finally, Wells Fargo & Company decreased their price target on shares of Service Properties Trust from $2.50 to $2.00 and set an “equal weight” rating for the company in a research note on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $2.50.

Service Properties Trust Price Performance

SVC stock opened at $1.64 on Friday. The company has a fifty day moving average price of $1.73 and a 200-day moving average price of $1.89. The company has a market capitalization of $275.60 million, a P/E ratio of -1.15 and a beta of 1.61. Service Properties Trust has a 52-week low of $1.13 and a 52-week high of $3.08. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.14 and a current ratio of 0.01.

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

Service Properties Trust Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Tuesday, April 21st will be issued a dividend of $0.01 per share. The ex-dividend date is Tuesday, April 21st. This represents a $0.04 annualized dividend and a yield of 2.4%. Service Properties Trust’s payout ratio is -2.82%.

Insider Buying and Selling at Service Properties Trust

In related news, CFO Brian E. Donley bought 55,000 shares of the company’s stock in a transaction on Thursday, April 2nd. The shares were purchased at an average cost of $1.20 per share, for a total transaction of $66,000.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Adam D. Portnoy bought 41,666,666 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was bought at an average price of $1.20 per share, for a total transaction of $49,999,999.20. The disclosure for this purchase is available in the SEC filing. Insiders bought 41,914,999 shares of company stock valued at $50,297,999 in the last quarter. 1.57% of the stock is owned by company insiders.

Institutional Trading of Service Properties Trust

A number of institutional investors have recently modified their holdings of SVC. Lonestar Capital Management LLC purchased a new stake in shares of Service Properties Trust during the 3rd quarter valued at approximately $7,412,000. Goldman Sachs Group Inc. lifted its stake in shares of Service Properties Trust by 114.8% during 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 buying an additional 2,200,754 shares in the last quarter. Silver Point Capital L.P. lifted its stake in shares of Service Properties Trust by 93.3% during 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 buying an additional 1,660,000 shares in the last quarter. Philosophy Capital Management LLC purchased a new stake in shares of Service Properties Trust during the 3rd quarter valued at approximately $3,838,000. Finally, Varde Management L.P. bought a new stake in Service Properties Trust during the 3rd quarter worth approximately $3,695,000. 77.62% of the stock is currently owned by hedge funds and other institutional investors.

About Service Properties Trust

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.