Service Properties Trust - Shares of Beneficial Interest (SVC)
2.8700
-0.0300 (-1.03%)
NASDAQ · Last Trade: Sep 16th, 1:36 PM EDT
Detailed Quote
Previous Close
2.900
Open
2.900
Bid
2.860
Ask
2.870
Day's Range
2.815 - 2.930
52 Week Range
1.710 - 5.000
Volume
513,138
Market Cap
473.14M
PE Ratio (TTM)
-1.719
EPS (TTM)
-1.7
Dividend & Yield
0.0400 (1.39%)
1 Month Average Volume
1,003,550
Chart
About Service Properties Trust - Shares of Beneficial Interest (SVC)
Service Properties Trust is a real estate investment trust that focuses on acquiring and managing a diverse portfolio of properties, primarily in the hospitality and service sectors. The company invests in a variety of income-producing assets, including hotels, resorts, and other facilities that support the travel and leisure industries. By leveraging strategic partnerships and effective property management, Service Properties Trust aims to enhance the value of its holdings while generating stable cash flows for its investors. The company's operations are centered on providing high-quality accommodations and services to its guests, ensuring a positive experience in the competitive hospitality market. Read More
Service Properties Trust (Nasdaq: SVC) today announced it has priced an aggregate principal amount at maturity of $580 million of zero coupon senior secured notes due September 2027, with a 12-month extension option, subject to the satisfaction of certain conditions and payment of an extension fee. The new notes will generate approximately $500 million in gross proceeds before issuance costs and will accrete at a rate of 7.50% annually, compounded semi-annually. If the 12-month extension option is exercised, interest payments will be due semi-annually during the extension period at an initial interest rate of 7.50% with increases of 25 basis points every 120 days that the notes remain outstanding. The new notes are guaranteed by certain of SVC’s subsidiaries and secured by first priority liens on the equity interests of subsidiaries that own and lease 36 travel center properties to TravelCenters of America Inc. pursuant to a master lease (which SVC refers to as its TA Lease No. 2) and by a negative pledge on the related operating assets. The aggregate annual minimum rent under the lease is approximately $48 million. The expected net proceeds from this transaction, after initial purchaser discounts and offering costs, are $490 million, which SVC expects to use to redeem in full its outstanding 4.750% Senior Unsecured Notes due October 2026 (the “2026 Notes”) and to repay amounts outstanding under its revolving credit facility. The offering is expected to close on September 23, 2025, subject to customary closing conditions.
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended June 30, 2025, which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx.
Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to SVC’s common shareholders of record as of the close of business on July 21, 2025 and distributed on or about August 14, 2025.
Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its second quarter 2025 results after the Nasdaq closes on Tuesday, August 5, 2025. On Wednesday, August 6, 2025 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results.
Service Properties Trust (Nasdaq: SVC) today announced that President and Chief Executive Officer Chris Bilotto and Chief Financial Officer and Treasurer Brian Donley will be presenting at Nareit’s REITweek 2025 Investor Conference in New York, NY on Wednesday, June 4, 2025 at 11:00 a.m. Eastern Time.
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended March 31, 2025, which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx.
Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to SVC’s common shareholders of record as of the close of business on April 22, 2025 and distributed on or about May 15, 2025.
Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its first quarter 2025 results after the Nasdaq closes on Tuesday, May 6, 2025. On Wednesday, May 7, 2025 at 10:00 a.m. Eastern Time, President and Chief Executive Officer Christopher Bilotto, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results.
Service Properties Trust (Nasdaq: SVC) today announced that Chris Bilotto has been appointed as a Managing Trustee, President and Chief Executive Officer of SVC, effective March 10, 2025.
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended December 31, 2024, which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx.
Service Properties Trust (Nasdaq: SVC) today announced that it will issue a press release containing its fourth quarter 2024 results after the Nasdaq closes on Wednesday, February 26, 2025. On Thursday, February 27, 2025 at 10:00 a.m. Eastern Time, President and Chief Investment Officer Todd Hargreaves, Chief Financial Officer and Treasurer Brian Donley and Vice President Jesse Abair will host a conference call to discuss these results.
Service Properties Trust (Nasdaq: SVC) today announced a regular quarterly cash distribution on its common shares of $0.01 per share ($0.04 per share per year). This distribution will be paid to SVC’s common shareholders of record as of the close of business on January 27, 2025 and distributed on or about February 20, 2025.
Service Properties Trust (Nasdaq: SVC) today announced its financial results for the quarter ended September 30, 2024, which can be found at the Quarterly Results section of SVC’s website at https://www.svcreit.com/investors/financial-information/default.aspx.
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