Service Properties Trust (NASDAQ:SVC) has a beta value of 1.84 and has seen 0.62 million shares traded in the recent trading session. The company, currently valued at $420.76M, closed the recent trade at $2.53 per share which meant it gained $0.13 on the day or 5.21% during that session. The SVC stock price is -170.75% off its 52-week high price of $6.85 and 9.49% above the 52-week low of $2.29. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.84 million shares traded. The 3-month trading volume is 3.13 million shares.
The consensus among analysts is that Service Properties Trust (SVC) is Buy stock at the moment, with a recommendation rating of 3.67. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Service Properties Trust (NASDAQ:SVC) trade information
Sporting 5.21% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SVC stock price touched $2.53 or saw a rise of 15.38%. Year-to-date, Service Properties Trust shares have moved -0.59%, while the 5-day performance has seen it change -12.93%. Over the past 30 days, the shares of Service Properties Trust (NASDAQ:SVC) have changed -10.46%. Short interest in the company has seen 7.1 million shares shorted with days to cover at 3.77.
Wall Street analysts have a consensus price target for the stock at $5.25, which means that the shares’ value could jump 51.81% from the levels at last check today. The projected low price target is $2.5 while the price target rests at a high of $8.0. In that case, then, we find that the latest price level in today’s session is -216.21% off the targeted high while a plunge would see the stock lose 1.19% from the levels at last check today.
Service Properties Trust (SVC) estimates and forecasts
The company’s shares have lost -45.35% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -5.19%.
1 analysts offering their estimates for the company have set an average revenue estimate of 432.1M for the current quarter. 1 have an estimated revenue figure of 502.7M for the next ending quarter. Year-ago sales stood 436.25M and 512.95M respectively for this quarter and the next, and analysts expect sales will shrink by -0.95% for the current quarter and -5.19% for the next. Earnings growth for 2025 is a modest 36.23% while over the next 5 years, the company’s earnings are expected to increase by 6.62%.
SVC Dividends
Service Properties Trust is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.42 at a share yield of 16.63%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 8.43%.
Service Properties Trust (NASDAQ:SVC)’s Major holders
Insiders own 6.64% of the company shares, while shares held by institutions stand at 74.85% with a share float percentage of 80.17%. Investors are also buoyed by the number of investors in a company, with Service Properties Trust having a total of 305.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 30.85 million shares worth more than $158.59 million. As of 2024-06-30, BLACKROCK INC. held 18.6821% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 26.46 million shares as of 2024-06-30. The firm’s total holdings are worth over $135.99 million and represent 16.0197% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund. As of Oct 31, 2024, the former fund manager holds about 3.93% shares in the company for having 6.54 shares of worth $16.36 million while later fund manager owns 5.22 shares of worth $13.05 million as of Dec 31, 2024, which makes it owner of about 3.13% of company’s outstanding stock.
