Equities research analysts predict that Ashford Hospitality Trust, Inc. (NYSE:AHT) will report earnings per share of $0.18 for the current quarter, according to Zacks Investment Research. Five analysts have issued estimates for Ashford Hospitality Trust’s earnings, with estimates ranging from $0.14 to $0.21. Ashford Hospitality Trust posted earnings per share of $0.24 during the same quarter last year, which would suggest a negative year over year growth rate of 25%. The business is scheduled to announce its next quarterly earnings report after the market closes on Thursday, February 28th.
On average, analysts expect that Ashford Hospitality Trust will report full year earnings of $1.17 per share for the current financial year, with EPS estimates ranging from $1.14 to $1.20. For the next year, analysts forecast that the business will post earnings of $1.15 per share, with EPS estimates ranging from $1.04 to $1.23. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover Ashford Hospitality Trust.
AHT has been the topic of several analyst reports. B. Riley reaffirmed a “buy” rating and set a $8.00 price target on shares of Ashford Hospitality Trust in a research note on Monday, November 5th. Robert W. Baird dropped their price target on shares of Ashford Hospitality Trust from $8.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, December 12th. Deutsche Bank set a $8.00 price target on shares of Ashford Hospitality Trust and gave the stock a “buy” rating in a research note on Friday, December 7th. Zacks Investment Research downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, December 4th. Finally, ValuEngine raised shares of Ashford Hospitality Trust from a “strong sell” rating to a “sell” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. Ashford Hospitality Trust has an average rating of “Hold” and a consensus price target of $7.75.
A number of institutional investors have recently bought and sold shares of AHT. United Services Automobile Association boosted its stake in Ashford Hospitality Trust by 160.2% during the 2nd quarter. United Services Automobile Association now owns 242,203 shares of the real estate investment trust’s stock valued at $1,962,000 after purchasing an additional 149,118 shares during the period. State of Alaska Department of Revenue bought a new stake in shares of Ashford Hospitality Trust in the 3rd quarter worth approximately $173,000. Bank of Montreal Can raised its holdings in shares of Ashford Hospitality Trust by 33.9% in the 3rd quarter. Bank of Montreal Can now owns 138,442 shares of the real estate investment trust’s stock worth $885,000 after purchasing an additional 35,069 shares in the last quarter. Foundry Partners LLC raised its holdings in shares of Ashford Hospitality Trust by 2.5% in the 3rd quarter. Foundry Partners LLC now owns 1,288,345 shares of the real estate investment trust’s stock worth $8,233,000 after purchasing an additional 31,097 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Ashford Hospitality Trust by 100.0% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 60,714 shares of the real estate investment trust’s stock worth $440,000 after purchasing an additional 30,357 shares in the last quarter. 73.83% of the stock is owned by hedge funds and other institutional investors.
Shares of AHT stock traded down $0.21 during mid-day trading on Friday, reaching $5.12. The company’s stock had a trading volume of 352,754 shares, compared to its average volume of 411,457. Ashford Hospitality Trust has a 12-month low of $3.85 and a 12-month high of $8.66. The company has a market cap of $538.53 million, a PE ratio of 3.74, a P/E/G ratio of 1.06 and a beta of 1.73. The company has a current ratio of 3.67, a quick ratio of 3.67 and a debt-to-equity ratio of 7.79.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 9.38%. The ex-dividend date was Friday, December 28th. Ashford Hospitality Trust’s dividend payout ratio (DPR) is presently 35.04%.
Ashford Hospitality Trust Company Profile
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.
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