In the latest trading session, 0.89 million Service Properties Trust (NASDAQ:SVC) shares changed hands as the company’s beta touched 1.83. With the company’s most recent per share price at $1.98 changing hands around $0.17 or 9.39% at last look, the market valuation stands at $329.94M. SVC’s current price is a discount, trading about -245.96% off its 52-week high of $6.85. The share price had its 52-week low at $1.71, which suggests the last value was 13.64% up since then. When we look at Service Properties Trust’s average trading volume, we note the 10-day average is 2.39 million shares, with the 3-month average coming to 2.03 million.
Analysts gave the Service Properties Trust (SVC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended SVC as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Service Properties Trust’s EPS for the current quarter is expected to be 0.
Service Properties Trust (NASDAQ:SVC) trade information
Instantly SVC is in green as seen in intraday trades today. With action -24.14%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -22.05%, with the 5-day performance at -24.14% in the red. However, in the 30-day time frame, Service Properties Trust (NASDAQ:SVC) is -24.86% down. Looking at the short shares, we see there were 5.3 million shares sold at short interest cover period of 2.31 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need an upside of 20.8% from its recent market value. According to analyst projections, SVC’s forecast low is 2.5 with 2.5 as the target high. To hit the forecast high, the stock’s price needs a -26.26% plunge from its current level, while the stock would need to soar -26.26% for it to hit the projected low.
Service Properties Trust (SVC) estimates and forecasts
Year-over-year growth is forecast to reach -6.71% down from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 433.21M. 2 analysts are of the opinion that Service Properties Trust’s revenue for the current quarter will be 499.88M. The company’s revenue for the corresponding quarters a year ago was 436.25M and 512.95M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -0.70%. The estimates for the next quarter sales put growth at -2.55%.
The 2025 estimates are for Service Properties Trust earnings to increase by 36.23%, but the outlook for the next 5-year period is at 6.62% per year.
SVC Dividends
Service Properties Trust is expected to release its next quarterly earnings report on 2025-Feb-25. The 21.21% annual yield figure for the share gives it an annual dividend of 0.42. It is important to note, however, that the 21.21% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 8.03 per year.
Service Properties Trust (NASDAQ:SVC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.70% of Service Properties Trust shares while 75.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 80.58%. There are 75.18% institutions holding the Service Properties Trust stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 18.6776% of the shares, roughly 30.85 million SVC shares worth $158.59 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 16.0197% or 26.46 million shares worth $135.99 million as of 2024-06-30.
Among Mutual Funds, the top two as of Jan 31, 2025 were VANGUARD SPECIALIZED FUNDS-Vanguard Real Estate Index Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund. With 6.1 shares estimated at $12.07 million under it, the former controlled 3.66% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 3.13% of the shares, roughly 5.22 shares worth around $10.34 million.
