Service Properties Trust (NASDAQ:SVC) Given Average Recommendation of “Hold” by Brokerages

Service Properties Trust (NASDAQ:SVC) has received an average recommendation of “Hold” from the six research firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $12.8125.

Several brokerages recently weighed in on SVC. Zacks Research cut shares of Service Properties Trust from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Odeon Capital Group initiated coverage on Service Properties Trust in a research report on Friday, May 8th. They issued a “buy” rating and a $17.50 price target on the stock. B. Riley Financial raised their price objective on Service Properties Trust from $10.00 to $12.50 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Weiss Ratings cut 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 report on Tuesday, June 30th. They set a “buy” rating and a $11.25 target price for the company.

Service Properties Trust Stock Performance

Service Properties Trust stock opened at $8.84 on Wednesday. The business has a 50 day moving average of $8.49 and a 200-day moving average of $9.09. The company has a market capitalization of $1.14 billion, a P/E ratio of -1.25 and a beta of 1.65. Service Properties Trust has a 1 year low of $5.65 and a 1 year high of $15.38. The company has a debt-to-equity ratio of 4.56, a current ratio of 0.01 and a quick ratio of 0.01.

Service Properties Trust (NASDAQ:SVC) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates 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. On average, equities research analysts predict that Service Properties Trust will post 1.25 earnings per share 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. Investors of record on Monday, July 20th will be paid a dividend of $0.05 per share. This is a boost 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 2.3%. The ex-dividend date of this dividend is Monday, July 20th. Service Properties Trust’s payout ratio is -2.82%.

Institutional Trading of Service Properties Trust

Institutional investors have recently bought and sold shares of the company. Yorkville Advisors Global LP acquired a new position in shares of Service Properties Trust in the 1st quarter valued at about $28,333,000. Lonestar Capital Management LLC acquired a new position in Service Properties Trust in the third quarter valued at approximately $7,412,000. Goldman Sachs Group Inc. boosted its holdings 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 worth $10,749,000 after buying an additional 2,200,754 shares in the last quarter. Silver Point Capital L.P. boosted its holdings 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 worth $6,328,000 after buying an additional 1,660,000 shares in the last quarter. Finally, Philosophy Capital Management LLC acquired a new stake in shares of Service Properties Trust during the 3rd quarter worth approximately $3,838,000. Institutional investors own 77.62% of the company’s stock.

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.