Research Analysts Set Expectations for Red Lion Hotels Co.’s Q1 2021 Earnings (NYSE:RLH)

Red Lion Hotels Co. (NYSE:RLH) – Equities researchers at B. Riley issued their Q1 2021 earnings per share (EPS) estimates for Red Lion Hotels in a research note issued to investors on Monday, November 11th. B. Riley analyst E. Wold forecasts that the company will earn ($0.22) per share for the quarter. B. Riley has a “Neutral” rating and a $3.75 price target on the stock. B. Riley also issued estimates for Red Lion Hotels’ Q2 2021 earnings at ($0.16) EPS, Q3 2021 earnings at ($0.04) EPS and FY2021 earnings at ($0.61) EPS.

Several other research firms have also issued reports on RLH. Craig Hallum lowered shares of Red Lion Hotels from a “buy” rating to a “hold” rating in a research report on Monday. ValuEngine lowered shares of Red Lion Hotels from a “buy” rating to a “hold” rating in a research report on Friday. Finally, Zacks Investment Research upgraded shares of Red Lion Hotels from a “sell” rating to a “hold” rating in a research report on Wednesday, October 9th. Four equities research analysts have rated the stock with a hold rating, Red Lion Hotels presently has a consensus rating of “Hold” and a consensus target price of $6.25.

Shares of NYSE RLH traded down $0.01 during trading hours on Tuesday, hitting $2.74. 173,290 shares of the stock were exchanged, compared to its average volume of 216,161. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $71.83 million, a PE ratio of -6.08 and a beta of 0.88. The company’s fifty day simple moving average is $6.18 and its two-hundred day simple moving average is $6.67. Red Lion Hotels has a 1-year low of $2.60 and a 1-year high of $10.21.

Several hedge funds and other institutional investors have recently bought and sold shares of RLH. JPMorgan Chase & Co. boosted its position in Red Lion Hotels by 0.8% in the second quarter. JPMorgan Chase & Co. now owns 465,258 shares of the company’s stock valued at $3,220,000 after buying an additional 3,528 shares in the last quarter. BlackRock Inc. boosted its position in Red Lion Hotels by 28.7% in the second quarter. BlackRock Inc. now owns 1,675,687 shares of the company’s stock valued at $11,914,000 after buying an additional 373,398 shares in the last quarter. ARS Investment Partners LLC boosted its position in Red Lion Hotels by 6.7% in the second quarter. ARS Investment Partners LLC now owns 145,504 shares of the company’s stock valued at $1,035,000 after buying an additional 9,185 shares in the last quarter. Creative Planning boosted its position in Red Lion Hotels by 21.4% in the second quarter. Creative Planning now owns 17,000 shares of the company’s stock valued at $121,000 after buying an additional 3,000 shares in the last quarter. Finally, Northern Trust Corp boosted its position in Red Lion Hotels by 6.4% in the second quarter. Northern Trust Corp now owns 207,278 shares of the company’s stock valued at $1,473,000 after buying an additional 12,535 shares in the last quarter. Institutional investors and hedge funds own 75.14% of the company’s stock.

Red Lion Hotels Company Profile

Red Lion Hotels Corporation, doing business as RLH Corporation, operates as a hospitality and leisure company the United States. It operates in two segments, Company Operated Hotels and Franchised Hotels. The company owns, manages, and franchises upscale, midscale, and economy hotels under the Hotel RL, Red Lion Hotels, Red Lion Inn & Suites, GuestHouse, Settle Inn, Americas Best Value Inn, Canadas Best Value Inn, Signature and Signature Inn, Knights Inn, and Country Hearth Inns & Suites brands.

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Earnings History and Estimates for Red Lion Hotels (NYSE:RLH)

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