Q2 2018 Earnings Estimate for Red Lion Hotels Corporation (RLH) Issued By B. Riley

Red Lion Hotels Corporation (NYSE:RLH) – Equities researchers at B. Riley reduced their Q2 2018 earnings per share (EPS) estimates for shares of Red Lion Hotels Corporation in a note issued to investors on Friday. B. Riley analyst E. Wold now expects that the company will earn $0.06 per share for the quarter, down from their prior estimate of $0.07. B. Riley currently has a “Buy” rating and a $12.50 target price on the stock. B. Riley also issued estimates for Red Lion Hotels Corporation’s Q3 2018 earnings at $0.23 EPS, Q1 2019 earnings at ($0.18) EPS, Q2 2019 earnings at $0.10 EPS, Q3 2019 earnings at $0.28 EPS and FY2019 earnings at $0.17 EPS.

A number of other equities analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Red Lion Hotels Corporation from a “hold” rating to a “sell” rating in a report on Friday, October 27th. ValuEngine raised shares of Red Lion Hotels Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, TheStreet raised shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a report on Friday, August 4th.

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Red Lion Hotels Corporation (NYSE RLH) traded up $0.20 during midday trading on Monday, reaching $8.80. The company’s stock had a trading volume of 18,796 shares, compared to its average volume of 74,149. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.37 and a current ratio of 1.38. Red Lion Hotels Corporation has a one year low of $6.15 and a one year high of $9.40.

Red Lion Hotels Corporation (NYSE:RLH) last posted its earnings results on Thursday, November 2nd. The company reported $0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. Red Lion Hotels Corporation had a negative return on equity of 2.54% and a negative net margin of 1.81%. The company had revenue of $51.02 million for the quarter, compared to analyst estimates of $50.69 million.

Large investors have recently modified their holdings of the business. Citigroup Inc. lifted its holdings in Red Lion Hotels Corporation by 8,341.0% during the second quarter. Citigroup Inc. now owns 15,025 shares of the company’s stock valued at $110,000 after purchasing an additional 14,847 shares in the last quarter. Rhumbline Advisers raised its position in shares of Red Lion Hotels Corporation by 52.4% during the second quarter. Rhumbline Advisers now owns 16,806 shares of the company’s stock valued at $124,000 after buying an additional 5,780 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its position in shares of Red Lion Hotels Corporation by 7.0% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 19,900 shares of the company’s stock valued at $146,000 after buying an additional 1,300 shares during the last quarter. Teachers Advisors LLC raised its position in shares of Red Lion Hotels Corporation by 11.2% during the second quarter. Teachers Advisors LLC now owns 29,381 shares of the company’s stock valued at $216,000 after buying an additional 2,963 shares during the last quarter. Finally, Nationwide Fund Advisors raised its position in shares of Red Lion Hotels Corporation by 240.2% during the second quarter. Nationwide Fund Advisors now owns 31,078 shares of the company’s stock valued at $228,000 after buying an additional 21,943 shares during the last quarter. 63.72% of the stock is currently owned by institutional investors and hedge funds.

Red Lion Hotels Corporation Company Profile

Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.

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

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