RLJ's Stock Hit $7.26. They Bought Back Shares at $10.20. That Gap Tells a Story.
RLJ Lodging Trust is trading at a price that makes their own 2023 share repurchases look like a bad bet, with $2.2 billion in debt and full-year 2025 earnings that essentially flatlined. If you're an operator inside that 96-hotel portfolio, the spreadsheet pressure rolling downhill toward your property is about to get very real.