|Bid||6.38 x 2900|
|Ask||6.48 x 1400|
|Day's range||6.00 - 6.59|
|52-week range||3.59 - 43,800.00|
|Beta (5Y monthly)||1.97|
|PE ratio (TTM)||N/A|
|Earnings date||07 Aug 2020 - 11 Aug 2020|
|Forward dividend & yield||1.63 (25.71%)|
|Ex-dividend date||20 Apr 2020|
|1y target est||8.88|
Service Properties Trust (Nasdaq: SVC) announced today that its annual meeting of shareholders scheduled for June 10, 2020 (the "Annual Meeting") will be held by Internet webcast in order to mitigate potential risks to the health and safety of SVC’s shareholders, service providers, personnel and other stakeholders arising from the public health impact of the coronavirus outbreak (COVID-19).
Service Properties Trust (Nasdaq: SVC) today announced that it has amended the credit agreement governing its $1 billion unsecured revolving credit facility and $400 million unsecured term loan. The amendment provides for a waiver of certain of the financial covenants under its credit agreement through March 31, 2021, during which, subject to certain conditions, SVC will continue to have access to undrawn amounts under the credit facility. In return for temporary covenant relief and continued access to undrawn amounts under its credit facility, SVC agreed to the following temporary changes to its credit facility through March 31, 2021:
Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its first quarter 2020 results before the Nasdaq opens on Monday, May 11, 2020. Later that morning, at 10:00 a.m. Eastern Time, President and Chief Executive Officer John Murray, Chief Financial Officer Brian Donley and Vice President Todd Hargreaves will host a conference call to discuss these results.
Service Properties Trust (Nasdaq: SVC) today announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy generally and the lodging industry in particular, SVC is undertaking significant efforts to address the operating and financial impact of the current crisis. The decline in hotel occupancy caused by this pandemic has been dramatic and the duration and severity of its impact on the U.S. economy is unknown. COVID-19 protocols implemented by state and local governments have also impacted certain industries where some of SVC’s net lease tenants operate, such as casual dining establishments and movie theaters.