service properties trust, (nasdaq: svc) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. svc is managed by the rmr group (nasdaq: rmr). for company news and updates, follow @thermrgroup.
Company profile
Ticker
SVC
Exchange
Website
CEO
John Murray
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
HOSPITALITY PROPERTIES TRUST
SEC CIK
Corporate docs
Subsidiaries
Banner NewCo LLC • Cambridge TRS, Inc. • Candlewood Jersey City-Urban Renewal, L.L.C. • Harbor Court Associates, LLC • Highway Ventures LLC • Highway Ventures Borrower LLC • Highway Ventures Properties LLC • HPT Cambridge LLC • HPT Clift TRS LLC • HPT CW MA Realty LLC ...
IRS number
43262075
SVC stock data
Latest filings (excl ownership)
POSASR
Automatic shelf registration (post-effective amendment)
4 Apr 24
DEFA14A
Additional proxy soliciting materials
3 Apr 24
DEF 14A
Definitive proxy
3 Apr 24
ARS
2023 FY
Annual report to shareholders
3 Apr 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Service Properties Trust Announces Fourth Quarter 2023 Results
28 Feb 24
8-K
Regulation FD Disclosure
13 Nov 23
8-K
Triggering Events That Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
9 Nov 23
10-Q
2023 Q3
Quarterly report
6 Nov 23
8-K
Service Properties Trust Announces Third Quarter 2023 Results
6 Nov 23
Transcripts
SVC
Earnings call transcript
2023 Q4
29 Feb 24
SVC
Earnings call transcript
2023 Q3
7 Nov 23
SVC
Earnings call transcript
2023 Q2
8 Aug 23
SVC
Earnings call transcript
2023 Q1
9 May 23
SVC
Earnings call transcript
2022 Q4
1 Mar 23
SVC
Earnings call transcript
2022 Q3
4 Nov 22
SVC
Earnings call transcript
2022 Q2
5 Aug 22
SVC
Earnings call transcript
2022 Q1
5 May 22
SVC
Earnings call transcript
2021 Q4
25 Feb 22
SVC
Earnings call transcript
2021 Q3
5 Nov 21
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
STATE STREET CORP
30 Jan 24
SC 13G/A
BlackRock Inc.
19 Jan 24
4
Brian E. Donley
20 Sep 23
4
JOHN G. MURRAY
20 Sep 23
4
Todd W Hargreaves
20 Sep 23
4
Todd W Hargreaves
15 Sep 23
4
JOHN G. MURRAY
15 Sep 23
4
Brian E. Donley
15 Sep 23
4
Robert E. Cramer
14 Jun 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 435.53 mm | 435.53 mm | 435.53 mm | 435.53 mm | 435.53 mm | 435.53 mm |
Cash burn (monthly) | 5.03 mm | (no burn) | 2.12 mm | 1.95 mm | (no burn) | (no burn) |
Cash used (since last report) | 33.41 mm | n/a | 14.10 mm | 12.94 mm | n/a | n/a |
Cash remaining | 402.12 mm | n/a | 421.43 mm | 422.58 mm | n/a | n/a |
Runway (months of cash) | 79.9 | n/a | 198.5 | 216.7 | n/a | n/a |
Institutional ownership, Q4 2023
46.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 180 |
Opened positions | 16 |
Closed positions | 84 |
Increased positions | 68 |
Reduced positions | 53 |
13F shares | Current |
---|---|
Total value | 633.40 bn |
Total shares | 77.75 mm |
Total puts | 140.20 k |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 26.48 mm | $226.17 bn |
STT State Street | 10.15 mm | $86.72 bn |
Capital Management | 3.24 mm | $27.70 bn |
MS Morgan Stanley | 3.11 mm | $26.58 bn |
Charles Schwab Investment Management | 2.80 mm | $23.90 bn |
IVZ Invesco | 2.75 mm | $23.47 bn |
NTRS Northern Trust | 2.39 mm | $20.40 bn |
Dimensional Fund Advisors | 2.30 mm | $19.68 bn |
GS Goldman Sachs | 2.17 mm | $18.55 bn |
BK Bank Of New York Mellon | 1.78 mm | $15.23 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
18 Sep 23 | Todd W Hargreaves | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 7.86 | 3,755 | 29.51 k | 46,282 |
18 Sep 23 | Brian E. Donley | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 7.86 | 3,755 | 29.51 k | 61,888 |
18 Sep 23 | Murray John G. | Common Shares of Beneficial Interest | Payment of exercise | Dispose F | No | No | 7.86 | 7,979 | 62.71 k | 230,293 |
13 Sep 23 | Brian E. Donley | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 65,643 |
13 Sep 23 | Murray John G. | Common Shares of Beneficial Interest | Grant | Acquire A | No | No | 0 | 30,000 | 0.00 | 238,272 |
News
Wells Fargo Maintains Underweight on Service Properties Trust, Lowers Price Target to $5.75
21 Mar 24
B. Riley Securities Maintains Buy on Service Properties Trust, Lowers Price Target to $10
4 Mar 24
Service Properties Trust Q4 2023 FFO $0.31 Misses $0.36 Estimate, Sales $444.05M Beat $427.11M Estimate
28 Feb 24
Earnings Scheduled For February 28, 2024
28 Feb 24