Service Properties Trust

SVC

US81761L1026

Specialized REITs

Real-time Estimate Cboe BZX Other stock markets 15:24:15 2024-05-15 EDT			5-day change	1st Jan Change
5.835 ^USD	-0.60%		+2.82%	-31.62%

05-13	B. Riley Securities Adjusts Service Properties Trust's Price Target to $9 From $10, Maintains Buy Rating	MT
05-08	Transcript : Service Properties Trust, Q1 2024 Earnings Call, May 08, 2024

Service Properties Trust Reports Earnings Results for the First Quarter Ended March 31, 2023

May 08, 2023 at 04:26 pm

Service Properties Trust reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 94.41 million compared to USD 96.36 million a year ago. Revenue was USD 429.21 million compared to USD 393.76 million a year ago.

Net income was USD 25.95 million compared to net loss of USD 119.82 million a year ago. Basic earnings per share from continuing operations was USD 0.16 compared to basic loss per share from continuing operations of USD 0.73 a year ago.

Latest news about Service Properties Trust

B. Riley Securities Adjusts Service Properties Trust's Price Target to $9 From $10, Maintains Buy Rating	05-13	MT
Transcript : Service Properties Trust, Q1 2024 Earnings Call, May 08, 2024	05-08
Service Properties Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	05-07	CI
Service Properties Trust Announces Quarterly Dividend on Common Shares, Payable on or about May 16, 2024	04-11	CI
Lodging REIT Quarterly Results Likely Benefitted From Upper Upscale Chain Strength, Oppenheimer Says	04-05	MT
Wells Fargo Adjusts Price Target on Service Properties Trust to $5.75 From $7.50, Maintains Underweight Rating	03-21	MT
B. Riley Lowers Service Properties Trust's PT to $10 From $12, Reduces Estimates, Notes Above-Average Near-Term Hotel Renovation Disruption; Keeps Buy Rating	03-04	MT
Transcript : Service Properties Trust, Q4 2023 Earnings Call, Feb 29, 2024	02-29
Service Properties Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-28	CI
Service Properties Trust Reports Earnings Results for the Full Year Ended December 31, 2023	02-28	CI
Service Properties Trust Keeps Quarterly Dividend at $0.20 per Share; Payable Feb. 15 to Shareholders of Record on Jan. 22	01-11	MT
Service Properties Trust Announces Quarterly Dividend on Common Shares, Payable on January 22, 2024	01-11	CI
Wells Fargo Adjusts Price Target on Service Properties Trust to $7.50 From $6.75, Maintains Underweight Rating	12-22	MT
Wells Fargo Adjusts Price Target on Service Properties Trust to $6.50 From $8, Maintains Underweight Rating	11-13	MT
B. Riley Trims Service Properties Trust's PT to $12 From $13, Lowers Estimates on Renovation Disruption, Higher Interest Expense on 2024-2025 Debt Maturities; Keeps Buy Rating	11-09	MT
Service Properties Trust Prices $1.0 Billion Aggregate Principal Amount of 8.625% Senior Secured Notes Due 2031 and Announces Early Redemption of its Outstanding 4.650% Senior Notes Due March 2024	11-09	CI
Transcript : Service Properties Trust, Q3 2023 Earnings Call, Nov 07, 2023	11-07
Service Properties Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-06	CI
HSBC Initiates Service Properties Trust With Hold Rating, Price Target is $8	23-10-23	MT
Service Properties Trust Announces Regular Quarterly Cash Distribution on Its Common Shares, Distributed on or About November 16, 2023	23-10-12	CI
Office Properties Income Trust Names Christopher Bilotto as Chief Executive, Brian Donley as Finance Chief	23-09-27	MT
Wells Fargo Adjusts Service Properties Trust Price Target to $8 From $8.50, Maintains Underweight Rating	23-08-29	MT
Transcript : Service Properties Trust, Q2 2023 Earnings Call, Aug 08, 2023	23-08-08
Service Properties Trust's Q2 Normalized FFO Rises, Revenue Declines	23-08-08	MT
Service Properties Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-07	CI

Chart Service Properties Trust

Duration

Period

More charts

Company Profile

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Companyâs net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.

Sector

Specialized REITs

Calendar

2024-06-14 - Annual General Meeting

Related indices

Russell 2000

More about the company

Income Statement Evolution

More financial data

Ratings for Service Properties Trust

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

5.87 USD

Average target price

7.25 USD

Spread / Average Target

+23.51%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Hospitality REITs

	1st Jan change	Capi.
SERVICE PROPERTIES TRUST	-31.62%	973M
VICI PROPERTIES, INC.	-4.41%	31.19B
HOST HOTELS & RESORTS, INC.	-4.75%	13.06B
GAMING AND LEISURE PROPERTIES, INC.	-6.66%	12.18B
RYMAN HOSPITALITY PROPERTIES, INC.	-3.07%	6.26B
APPLE HOSPITALITY REIT, INC.	-10.69%	3.58B
PARK HOTELS & RESORTS INC.	+5.29%	3.39B
CAPITALAND ASCOTT TRUST	-9.09%	2.52B
JAPAN HOTEL REIT INVESTMENT CORPORATION	+22.83%	2.5B
COVIVIO HOTELS	-5.79%	2.4B

Hospitality REITs