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Service Properties Trust T.SVC


Primary Symbol: SVC

Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Post by momyoon Dec 29, 2016 7:42pm
209 Views
Post# 25651971

Bottom in?

Bottom in?If the post-warning bottom is in, without even dropping to $2.60 (where I was trying to buy more) then despite all the whining and wailing we really are at a new level of maturity as a stock. I think the dividend and buy backs are slowly starting to get  some traction and make us a little more stable. If we get a decent q4 and a div increase (and I think we will get a div increase) we could easily see $3.50+.  Time will tell but the ups and downs of this stock have helped me get ever more shares at an ever lower avg cost. I'm feeling pretty optimistic about 2017. Of course getting my avg cost down sure helps me have a more positive outlook!
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