Service Properties Trust (NASDAQ:SVC)’s traded shares stood at 1.91 million during the last session, with the company’s beta value hitting 2.23. At the close of trading, the stock’s price was $2.71, to imply a decrease of -2.87% or -$0.08 in intraday trading. The SVC share’s 52-week high remains $8.72, putting it -221.77% down since that peak but still an impressive -2.21% since price per share fell to its 52-week low of $2.77. The company has a valuation of $451.62M, with an average of 2.34 million shares in intraday trading volume over the past 10 days and average of 1.69 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Service Properties Trust (SVC), translating to a mean rating of 3.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give SVC a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.39.
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Service Properties Trust (NASDAQ:SVC) trade information
After registering a -2.87% downside in the last session, Service Properties Trust (SVC) has traded red over the past five days. The 5-day price performance for the stock is -14.78%, and -28.31% over 30 days. With these gigs, the year-to-date price performance is -68.27%. Short interest in Service Properties Trust (NASDAQ:SVC) saw shorts transact 5.82 million shares and set a 2.84 days time to cover.
The extremes give us $4 and $8.5 for target low and target high price respectively. As such, SVC has been trading -213.65% off suggested target high and -47.6% from its likely low.
Service Properties Trust (SVC) estimates and forecasts
Looking at statistics comparing Service Properties Trust share performance against respective industry, we note that the company has underperformed competitors. Service Properties Trust (SVC) shares are -52.71% down over the last 6 months, with its year-to-date growth rate lower than industry average at -31.93% against -3.80%. Revenue is forecast to shrink -50.00% this quarter before jumping 10.42% for the next one. The rating firms project that company’s revenue will shrink -0.27% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 443.89M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 418.62M.Earnings reports from the last fiscal year show that sales brought in 444.05M and 436.25M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -0.04% before dropping -4.04% in the following quarter.
SVC Dividends
Service Properties Trust has its next earnings report out on 2025-Feb-26. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Service Properties Trust has a forward dividend ratio of 0.61, with the share yield ticking at 22.51% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 7.85%.
Service Properties Trust (NASDAQ:SVC)’s Major holders
Service Properties Trust insiders hold 6.61% of total outstanding shares, with institutional holders owning 80.59% of the shares at 86.30% float percentage. In total, 80.59% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 30.85 million shares (or 18.6821% of shares), all amounting to roughly $158.59 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 26.46 million shares, or about 16.0197% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $135.99 million.
