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

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$10.38 +0.03 (+0.29 %)
(As of 06/21/2018 04:00 PM ET)
Previous Close$10.35
Today's Range$10.33 - $10.48
52-Week Range$8.44 - $11.34
Volume274,400 shs
Average Volume275,169 shs
Market Capitalization$333.41 million
P/E Ratio6.41
Dividend Yield6.18%
Beta0.82
Ashford Hospitality Prime logoAshford Hospitality Prime is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryN/A
SectorFinance
SymbolNYSE:AHP
CUSIPN/A
Phone972-490-9600

Debt

Debt-to-Equity Ratio2.20
Current Ratio4.22
Quick Ratio4.22

Price-To-Earnings

Trailing P/E Ratio6.41
Forward P/E Ratio6.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$414.06 million
Price / Sales0.81
Cash Flow$2.5012 per share
Price / Cash4.15
Book Value$11.72 per share
Price / Book0.89

Profitability

EPS (Most Recent Fiscal Year)$1.62
Net Income$23.02 million
Net Margins5.56%
Return on Equity6.28%
Return on Assets1.57%

Miscellaneous

EmployeesN/A
Outstanding Shares32,120,000

Ashford Hospitality Prime (NYSE:AHP) Frequently Asked Questions

What is Ashford Hospitality Prime's stock symbol?

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

How often does Ashford Hospitality Prime pay dividends? What is the dividend yield for Ashford Hospitality Prime?

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.

How will Ashford Hospitality Prime's stock buyback program work?

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

How were Ashford Hospitality Prime's earnings last quarter?

Ashford Hospitality Prime (NYSE:AHP) announced its quarterly earnings data on Wednesday, November, 2nd. The real estate investment trust reported $0.55 EPS for the quarter, beating the Zacks' consensus estimate of $0.41 by $0.14. The real estate investment trust had revenue of $99.65 million for the quarter, compared to analyst estimates 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.

What price target have analysts set for AHP?

3 brokers have issued 1-year target prices for Ashford Hospitality Prime's stock. Their predictions range from $11.00 to $13.00. On average, they expect Ashford Hospitality Prime's share price to reach $11.6667 in the next twelve months. View Analyst Ratings for Ashford Hospitality Prime.

What are Wall Street analysts saying about Ashford Hospitality Prime stock?

Here are some recent quotes from research analysts about Ashford Hospitality Prime stock:
  • 1. According to Zacks Investment Research, "Ashford Hospitality Prime, Inc. is a real estate investment trust. It is focused on investing in high RevPAR full-service and urban select-service hotels and resorts located predominantly in domestic and international gateway markets. Ashford Hospitality Prime, Inc. is based in Dallas, Texas. " (3/15/2018)
  • 2. Canaccord Genuity analysts commented, "Date and time of first dissemination: June 25, 2017, 23:10 ET Date and time of production: June 25, 2017, 22:54 ET Target Price / Valuation Methodology: Ashford Hospitality Prime – AHP Our $11 price target is based on a DCF analysis assuming an 8.0% discount rate and a 2.5% terminal growth rate. This valuation is supported by assuming a 29% discount to our year-end termination fee-adjusted NAV estimate, which is driven by a 7.0% cap rate on 2018 estimates (assuming a 6% FF&E reserve). Our price target implies an 11.0x 2018E EBITDA multiple. Risks to achieving Target Price / Valuation: Ashford Hospitality Prime – AHP 1) Lack of earnings guidance can mean earnings misses, but more importantly, lower confidence in projections." (6/26/2017)

Who are some of Ashford Hospitality Prime's key competitors?

Who are Ashford Hospitality Prime's key executives?

Ashford Hospitality Prime's management team includes the folowing people:
  • Mr. Montgomery J. Bennett IV, Chairman (Age 52)
  • Mr. Richard J. Stockton, Chief Exec. Officer and Pres (Age 47)
  • Mr. Deric S. Eubanks CFA, Chief Financial Officer (Age 42)
  • Mr. Jeremy J. Welter, Chief Operating Officer (Age 41)
  • Mr. Mark L. Nunneley, Chief Accounting Officer (Age 61)

Has Ashford Hospitality Prime been receiving favorable news coverage?

Media headlines about AHP stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ashford Hospitality Prime earned a news sentiment score of 0.19 on Accern's scale. They also gave media headlines about the real estate investment trust an impact score of 46.86 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

How do I buy shares of Ashford Hospitality Prime?

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.

What is Ashford Hospitality Prime's stock price today?

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

How big of a company is Ashford Hospitality Prime?

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.

How can I contact Ashford Hospitality Prime?

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]


MarketBeat Community Rating for Ashford Hospitality Prime (AHP)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  169 (Vote Outperform)
Underperform Votes:  233 (Vote Underperform)
Total Votes:  402
MarketBeat's community ratings are surveys of what our community members think about Ashford Hospitality Prime and other stocks. Vote "Outperform" if you believe AHP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AHP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/21/2018 by MarketBeat.com Staff

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