SVC / Service Properties (SVC) Ups Flexibility With New Credit Facility

Service Properties Trust (NASDAQ:SVC ) Q2 2023 Earnings Conference Call August 8, 2023 10:00 AM ET Company Participants Stephen Colbert - Director, IR more_horizontal

Although the revenue and EPS for Service Properties (SVC) give a sense of how its business performed in the quarter ended June 2023, it might be worth more_horizontal

Service Properties (SVC) came out with quarterly funds from operations (FFO) of $0.58 per share, in line with the Zacks Consensus Estimate. This compa more_horizontal

While I usually stick to quality names, I think it can be worth investing a small portion of assets into deep value. SVC's assets are worth fully doub more_horizontal

Service Properties (SVC) enters into a new secured $650 million revolving credit facility set to expire on Jun 29, 2027. The move replaces its prior $ more_horizontal

Service Properties Trust is a REIT with a hotel portfolio and a net lease portfolio, offering a high dividend yield of 9.69%. The company has a high l more_horizontal

Service Properties (SVC) expands into Miami's South Beach market by acquiring Nautilus Hotel for $165.4 million or roughly $661,600 per key as part of more_horizontal

Service Properties (SVC) came out with quarterly funds from operations (FFO) of $0.23 per share, missing the Zacks Consensus Estimate of $0.29 per sha more_horizontal