NYSE:AHP - Ashford Hospitality Prime Stock Price, Price Target & More

Ashford Hospitality Prime trades on the New York Stock Exchange (NYSE) under the ticker symbol "AHP."

Ashford Hospitality Prime announced a quarterly dividend on Thursday, March 15th. Stockholders of record on Friday, March 30th will be given a dividend of $0.16 per share on Monday, April 16th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date is Wednesday, March 28th. View Ashford Hospitality Prime's Dividend History.

Ashford Hospitality Prime declared that its Board of Directors has approved a share repurchase plan on Tuesday, December 12th 2017, which allows the company to buyback $50,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

Ashford Hospitality Prime (NYSE:AHP) announced its quarterly earnings data on Wednesday, November, 2nd. The real estate investment trust reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.41 by $0.14. The real estate investment trust earned $99.65 million during the quarter, compared to analysts' expectations of $98.48 million. Ashford Hospitality Prime had a return on equity of 6.28% and a net margin of 5.56%. View Ashford Hospitality Prime's Earnings History.

2 Wall Street analysts have issued 12-month price objectives for Ashford Hospitality Prime's shares. Their forecasts range from $11.00 to $13.00. On average, they anticipate Ashford Hospitality Prime's stock price to reach $12.00 in the next twelve months. This suggests a possible upside of 15.6% from the stock's current price. View Analyst Ratings for Ashford Hospitality Prime.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashford Hospitality Prime in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Ashford Hospitality Prime include Caretrust REIT (CTRE), Redwood Trust (RWT), CYRELA BRAZIL R/S (CYRBY), Saul Centers (BFS), TPG RE Finance Trust (TRTX), CYS INVESTMENTS/SH SH (CYS), PennyMac Mortgage Investment Trust (PMT), TIER REIT (TIER), KKR Real Estate Finance Trust (KREF), Hannon Armstrong Sustnbl Infrstr Cap (HASI), Ramco-Gershenson Properties Trust (RPT), Chatham Lodging Trust (CLDT), ARMOUR Residential REIT (ARR), InfraREIT (HIFR) and CBL & Associates Properties (CBL).

News headlines about AHP stock have trended positive on Wednesday, according to Accern. Accern ranks the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ashford Hospitality Prime earned a media sentiment score of 0.35 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 46.03 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Shares of AHP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of AHP stock can currently be purchased for approximately $10.38.

Ashford Hospitality Prime has a market capitalization of $333.41 million and generates $414.06 million in revenue each year. The real estate investment trust earns $23.02 million in net income (profit) each year or $1.62 on an earnings per share basis.

Ashford Hospitality Prime's mailing address is 14185 DALLAS PARKWAY SUITE 1100, DALLAS TX, 75254. The real estate investment trust can be reached via phone at 972-490-9600 or via email at [email protected]