During the last session, Service Properties Trust (NASDAQ:SVC)’s traded shares were 1.0 million, with the beta value of the company hitting 1.81. At the end of the trading day, the stock’s price was $2.77, reflecting an intraday gain of 0.36% or $0.01. The 52-week high for the SVC share is $6.85, that puts it down -147.29 from that peak though still a striking 17.33% gain since the share price plummeted to a 52-week low of $2.29. The company’s market capitalization is $461.59M, and the average intraday trading volume over the past 10 days was 2.53 million shares, and the average trade volume was 2.02 million shares over the past three months.
Service Properties Trust (SVC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.33. SVC has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Service Properties Trust (NASDAQ:SVC) trade information
Service Properties Trust (SVC) registered a 0.36% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.36% in intraday trading to $2.77, hitting a weekly high. The stock’s 5-day price performance is -7.36%, and it has moved by 4.53% in 30 days. Based on these gigs, the overall price performance for the year is -57.90%. The short interest in Service Properties Trust (NASDAQ:SVC) is 5.3 million shares and it means that shorts have 2.31 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies a decrease of -10.8% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2.5 and $2.5 respectively. As a result, SVC is trading at a premium of 9.75% off the target high and 9.75% off the low.
Service Properties Trust (SVC) estimates and forecasts
In the rating firms’ projections, revenue will decrease -6.71% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 433.21M as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 499.88M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 436.25M and 512.95M respectively. In this case, analysts expect current quarter sales to shrink by -0.70% and then drop by -2.55% in the coming quarter.
While earnings are projected to return 36.23% in 2025, the next five years will return 6.62% per annum.
SVC Dividends
Service Properties Trust is due to release its next quarterly earnings on 2025-Feb-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Service Properties Trust is 0.42, with the dividend yield indicating at 15.16 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 8.43%.
Service Properties Trust (NASDAQ:SVC)’s Major holders
Service Properties Trust insiders own 6.64% of total outstanding shares while institutional holders control 74.70%, with the float percentage being 80.01%. BLACKROCK INC. is the largest shareholder of the company, while 306.0 institutions own stock in it. As of 2024-06-30, the company held over 30.85 million shares (or 18.6776% of all shares), a total value of $158.59 million in shares.
The next largest institutional holding, with 26.46 million shares, is of VANGUARD GROUP INC’s that is approximately 16.0197% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $135.99 million.
Also, the Mutual Funds coming in first place with the largest holdings of Service Properties Trust (SVC) shares are Vanguard Real Estate Index Fund and Vanguard Total Stock Market Index Fund . Data provided on Oct 31, 2024 indicates that Vanguard Real Estate Index Fund owns about 6.54 shares. This amounts to just over 3.93 percent of the company’s overall shares, with a $18.13 million market value. The same data shows that the other fund manager holds slightly less at 5.22, or about 3.13% of the stock, which is worth about $14.46 million.
