Barclays raises target for RLJ stock to USD 12.00
Published on 10/14/2026 at 03:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBarclays rating and reporting dates
- On October 13, 2026, Barclays maintained Underweight and lifted its target from USD 11.00 to USD 12.00.
- Comparable hotel revenue reached USD 382.0 million in the second quarter of 2026, up 6.8 percent year over year.
- RLJ will report third-quarter results after the market close on November 4, 2026, followed by a conference call on November 5, 2026.
RLJ Lodging Trust (ISIN US74965L1017) became the subject of a fresh Barclays call on October 13, 2026, when the bank maintained its Underweight rating and raised its price target from USD 11.00 to USD 12.00, according to GuruFocus. The 9.09 percent target increase leaves the rating cautious even as the valuation reference moves higher.
Three dated signals for RLJ
On August 6, 2026, RLJ reported comparable hotel revenue of USD 382.0 million for the second quarter of 2026, up 6.8 percent from the prior year, while net income rose 9.4 percent to USD 31.3 million, according to Business Wire.
On September 15, 2026, the company declared a quarterly cash dividend of USD 0.15 per common share, payable on October 15, 2026, according to Business Wire.
On October 13, 2026, Barclays maintained Underweight and raised its target from USD 11.00 to USD 12.00, as GuruFocus reported.
What does the target change signal?
Barclays' combination of a higher target and an unchanged Underweight rating creates a mixed valuation message: the analyst sees a higher reference value but retains a cautious stance on the lodging trust.
RLJ's operating base consists of 92 hotels with approximately 21,000 rooms across 23 states and the District of Columbia, according to RLJ Lodging Trust. That portfolio scale gives the target revision a direct operating backdrop rather than making it a standalone valuation signal.
Revenue and earnings ahead of November
The second-quarter figures show the comparison Barclays is weighing: comparable hotel revenue rose 6.8 percent year over year to USD 382.0 million, while net income increased 9.4 percent to USD 31.3 million, according to Business Wire. The figures point to operating growth, while the maintained rating keeps valuation discipline central to the analyst view.
Reporting dates are set
RLJ will report financial results for the third quarter ended September 30, 2026, after the market close on November 4, 2026, and will hold its conference call on November 5, 2026, at 12:00 p.m. Eastern Time, according to Business Wire.
RLJ enters the next results cycle
The November reporting date will provide the next quantified test of RLJ's hotel revenue growth and earnings trend after the second-quarter increases of 6.8 percent and 9.4 percent.
RLJ Lodging Trust key facts
- Company: RLJ Lodging Trust
- ISIN: US74965L1017
- Ticker: RLJ
- Primary exchange: NYSE
- Sector / Industry: Real Estate / Specialized REITs
- Next earnings date: November 4, 2026
Market context: Market report S&P 500.
