Service Properties Trust: Downgrading To A Hold Ahead Of Upcoming Q4 Earnings Report

Individual Trader
17.86K Followers

Summary

  • Service Properties Trust downgraded from 'Buy' to 'Hold' as shares have failed to maintain momentum and have dropped below noteworthy moving averages.
  • SVC struggling with FFO and EBITDA growth, with declines in certain segments.
  • High leverage and debt raise concerns about dividend sustainability and long-term returns for investors.

REIT Real Estate Investment Trust, text words typography written on book against dark background, life and business motivational inspirational

airdone

Intro

We wrote about Service Properties Trust (NASDAQ:SVC) back in April 2023 when we upgraded our rating on the REIT from a 'Hold' to a 'Buy'. Trends were encouraging at the time when we saw growth in both Hotel RevPAR as

This article was written by

17.86K Followers
Individual investor with a keen interest in deriving income from investment setups. We do this by buying undervalued profitable stocks with strong balance sheets & minimal debt. Furthermore, when the opportunity arises, we like to write calls against our positions to bring in additional income. Risk management is controlled through position sizing & the use of trailing stop losses over time.Individualtrader.net

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About SVC Stock

SymbolLast Price% Chg
EPS
PE
Div Rate
Yield
Short Interest
Market Cap
Volume
Compare to Peers

More on SVC

Related Stocks

SymbolLast Price% Chg
SVC
--