About Ashford Hospitality Trust (NYSE:AHT)
Ashford Hospitality Trust, Inc. is an externally-advised real estate investment trust (REIT). The Company is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership. The Company's portfolio consists of 121 properties with over 25000 rooms; 86 hotel condominium units at WorldQuest Resort in Orlando, Florida; a 96.6% ownership in Ashford Quantitative Alternatives (U.S.), LP (the AQUA U.S. Fund); a 29.7% ownership in Ashford Inc., and a 13.3% ownership in OpenKey.
Industry, Sector and Symbol:
- Industry: Hospitality REITs
- Sub-Industry: Specialized REITs
- Sector: Financials
- Symbol: NYSE:AHT
- CUSIP: 04410310
- Web: www.ahtreit.com
- Debt-to-Equity Ratio: 5.29%
- Current Ratio: 3.94%
- Quick Ratio: 3.94%
Sales & Book Value:
- Trailing P/E Ratio: 4.95
- Forward P/E Ratio: 4.67
- P/E Growth: 0.94
- Annual Sales: $1.49204 billion
- Price / Sales: 0.42
- Cash Flow: $2.41 per share
- Price / Cash: 2.67
- Book Value: $8.24 per share
- Price / Book: 0.78
- Annual Dividend: $0.48
- Dividend Yield: 7.6%
- Trailing EPS: ($1.41)
- Net Income: ($46,280,000.00)
- Net Margins: -5.61%
- Return on Equity: -10.79%
- Return on Assets: -1.68%
- Outstanding Shares: 97,420,000
Frequently Asked Questions for Ashford Hospitality Trust (NYSE:AHT)
What is Ashford Hospitality Trust's stock symbol?
Ashford Hospitality Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "AHT."
How often does Ashford Hospitality Trust pay dividends? What is the dividend yield for Ashford Hospitality Trust?
Ashford Hospitality Trust declared a quarterly dividend on Thursday, September 14th. Stockholders of record on Saturday, September 30th will be given a dividend of $0.12 per share on Monday, October 16th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date of this dividend is Thursday, September 28th. View Ashford Hospitality Trust's Dividend History.
How were Ashford Hospitality Trust's earnings last quarter?
Ashford Hospitality Trust Inc (NYSE:AHT) announced its quarterly earnings results on Thursday, November, 2nd. The real estate investment trust reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.02. The real estate investment trust had revenue of $353.33 million for the quarter, compared to analysts' expectations of $360.10 million. Ashford Hospitality Trust had a negative return on equity of 10.79% and a negative net margin of 5.61%. The business's revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.40 earnings per share. View Ashford Hospitality Trust's Earnings History.
When will Ashford Hospitality Trust make its next earnings announcement?
Where is Ashford Hospitality Trust's stock going? Where will Ashford Hospitality Trust's stock price be in 2017?
6 equities research analysts have issued 12 month price objectives for Ashford Hospitality Trust's shares. Their forecasts range from $7.00 to $8.00. On average, they anticipate Ashford Hospitality Trust's share price to reach $7.50 in the next year. View Analyst Ratings for Ashford Hospitality Trust.
What are Wall Street analysts saying about Ashford Hospitality Trust stock?
Here are some recent quotes from research analysts about Ashford Hospitality Trust stock:
- 1. According to Zacks Investment Research, "Ashford Hospitality Trust Inc is a self advised Maryland corporation and real estate investment trust organized to pursue opportunities in the lodging industry. Initial assets consist of six hotels comprised of four Embassy Suites and two Radisson properties as well as eight asset management and consulting agreements. " (11/8/2017)
- 2. Cantor Fitzgerald analysts commented, "Focus on upper upscale full-service hotels, evaluating options regarding select-service portfolio. We note that the company announced the strategy in June 2015. Since then, it has sold nine select-service hotels for $218m. There are 61 additional select-service hotels in the portfolio, with TTM Hotel EBITDA of $147m (31% of total TTM, as of 2Q). The company is looking at strategic alternatives for select-service, although timing and alternatives remain uncertain (hurdles include assets in debt pools, use of proceeds, etc.)." (10/3/2017)
- 3. Canaccord Genuity analysts commented, "Date and time of first dissemination: June 25, 2017, 23:11 ET Date and time of production: June 25, 2017, 22:54 ET Target Price / Valuation Methodology: Ashford Hospitality Trust – AHT Our $7 price target is based on a DCF analysis assuming a 9.0% discount rate and a 3% terminal growth rate. This valuation is supported by assuming a 5% discount to our termination fee adjusted year-end 2017 NAV estimate, which is driven by an 8.0% cap rate on 2018 estimates (assuming a 6% FF&E reserve). Our year-end 2017 price target implies a 10.9x 2018E EBITDA multiple. Risks to achieving Target Price / Valuation: Ashford Hospitality Trust – AHT 1. AHT is externally advised by AINC." (6/26/2017)
Who are some of Ashford Hospitality Trust's key competitors?
Some companies that are related to Ashford Hospitality Trust include CYS Investments (CYS), TPG Specialty Lending (TSLX), John Laing Infrastructure Fund Ld (JLIF), New York REIT (NYRT), Hercules Capital (HTGC), Banco Latinoamericano de Comercio Exterior, S.A. (BLX), Liberty All-Star Equity Fund (USA), Golub Capital BDC (GBDC), Aldermore Group PLC (ALD), New Mountain Finance Corporation (NMFC), ARMOUR Residential REIT (ARR), Sanne Group PLC (SNN), E-House (China) Holdings Limited (EJ), PennyMac Mortgage Investment Trust (PMT), Enterprise Financial Services Corporation (EFSC), Compass Diversified Holdings (CODI), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) and Cardinal Financial Corporation (CFNL).
Who are Ashford Hospitality Trust's key executives?
Ashford Hospitality Trust's management team includes the folowing people:
- Montgomery J. Bennet, Chairman of the Board (Age 51)
- Douglas A. Kessler, President, Chief Executive Officer (Age 56)
- Deric S. Eubanks, Chief Financial Officer, Treasurer (Age 41)
- David A. Brooks, Chief Operating Officer, General Counsel, Secretary (Age 57)
- Jeremy JC Welter, Executive Vice President - Asset Management (Age 40)
- Mark L. Nunneley, Chief Accounting Officer (Age 59)
- J. Robison Hays III, Chief Strategy Officer (Age 39)
- Benjamin J. Ansell M.D., Lead Independent Director (Age 49)
- Amish Gupta, Independent Director (Age 37)
- Kamal Jafarnia, Independent Director (Age 50)
Who owns Ashford Hospitality Trust stock?
Ashford Hospitality Trust's stock is owned by many different of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (5.02%), Dimensional Fund Advisors LP (1.59%), Schwab Charles Investment Management Inc. (1.50%), Global X MANAGEMENT CO LLC (1.30%), Foundry Partners LLC (1.10%) and Wells Fargo & Company MN (0.95%). Company insiders that own Ashford Hospitality Trust stock include Alan Tallis and Benjamin J Md Ansell. View Institutional Ownership Trends for Ashford Hospitality Trust.
Who sold Ashford Hospitality Trust stock? Who is selling Ashford Hospitality Trust stock?
Ashford Hospitality Trust's stock was sold by a variety of institutional investors in the last quarter, including Chicago Equity Partners LLC, JPMorgan Chase & Co., Cornerstone Capital Management Holdings LLC., KBC Group NV, Wells Fargo & Company MN, Chartwell Investment Partners LLC, Legal & General Group Plc and Nationwide Fund Advisors. View Insider Buying and Selling for Ashford Hospitality Trust.
Who bought Ashford Hospitality Trust stock? Who is buying Ashford Hospitality Trust stock?
Ashford Hospitality Trust's stock was purchased by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Lido Advisors LLC, RMR Advisors LLC, Foundry Partners LLC, Global X MANAGEMENT CO LLC, IndexIQ Advisors LLC, American Century Companies Inc. and Forsta AP Fonden. Company insiders that have bought Ashford Hospitality Trust stock in the last two years include Alan Tallis and Benjamin J Md Ansell. View Insider Buying and Selling for Ashford Hospitality Trust.
How do I buy Ashford Hospitality Trust stock?
Shares of Ashford Hospitality Trust 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 Trust's stock price today?
One share of Ashford Hospitality Trust stock can currently be purchased for approximately $6.44.
How big of a company is Ashford Hospitality Trust?
Ashford Hospitality Trust has a market capitalization of $627.36 million and generates $1.49204 billion in revenue each year. The real estate investment trust earns ($46,280,000.00) in net income (profit) each year or ($1.41) on an earnings per share basis.
How can I contact Ashford Hospitality Trust?
Ashford Hospitality Trust's mailing address is 14185 Dallas Pkwy Ste 1100, DALLAS, TX 75254-4308, United States. The real estate investment trust can be reached via phone at +1-972-4909600 or via email at [email protected]
MarketBeat Community Rating for Ashford Hospitality Trust (NYSE AHT)MarketBeat's community ratings are surveys of what our community members think about Ashford Hospitality Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Ashford Hospitality Trust (NYSE:AHT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 2 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$7.50 (16.46% upside)|
Consensus Price Target History for Ashford Hospitality Trust (NYSE:AHT)
Analysts' Ratings History for Ashford Hospitality Trust (NYSE:AHT)
(Data available from 11/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/10/2017||Robert W. Baird||Reiterated Rating||Hold||$7.00||N/A|
|11/1/2017||B. Riley||Reiterated Rating||Buy||N/A|
|10/3/2017||Cantor Fitzgerald||Reiterated Rating||Buy||$7.50||Low|
|6/26/2017||Canaccord Genuity||Reiterated Rating||Hold||$7.00||High|
|4/8/2017||FBR & Co||Set Price Target||Buy||$8.00||High|
|3/22/2017||DA Davidson||Initiated Coverage||Buy||$8.00||Medium|
|11/8/2016||Janney Montgomery Scott||Reiterated Rating||Neutral||$6.25||N/A|
|7/21/2016||Credit Suisse Group||Downgrade||Outperform -> Neutral||$6.00 -> $5.00||N/A|
|6/26/2016||Deutsche Bank AG||Reiterated Rating||Buy||N/A|
|2/16/2016||Morgan Stanley||Lower Price Target||$6.00 -> $5.00||N/A|
|1/11/2016||JMP Securities||Downgrade||Outperform -> Market Perform||N/A|
Earnings History and Estimates Chart for Ashford Hospitality Trust (NYSE:AHT)
Earnings History by Quarter for Ashford Hospitality Trust (NYSE AHT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/22/2018|| || || || || || || || |
|11/2/2017||Q3 2017||$0.32||$0.30||$360.10 million||$353.33 million||View||N/A|
|8/3/2017||Q2 2017||$0.55||$0.52||$399.01 million||$390.70 million||View||Listen|
|5/4/2017||Q1 2017||$0.26||$0.32||$350.47 million||$353.70 million||View||Listen|
|2/23/2017||Q416||($0.32)||($0.61)||$345.00 million||$300.00 million||View||N/A|
|5/5/2016||Q116||$0.38||$0.36||$357.88 million||$367.77 million||View||N/A|
|2/25/2016||Q415||$0.25||$0.26||$329.14 million||$352.88 million||View||Listen|
|11/4/2015||Q315||$0.34||$0.35||$342.04 million||$364.50 million||View||N/A|
|8/6/2015||Q215||$0.45||$0.49||$323.58 million||$369.30 million||View||N/A|
|5/7/2015||Q115||$0.26||$0.30||$218.83 million||$250.20 million||View||N/A|
|2/26/2015||Q4||$0.13||$0.17||$193.46 million||$190.36 million||View||N/A|
|8/7/2014||Q214||$0.38||$0.39||$222.96 million||$208.90 million||View||N/A|
|5/8/2014||Q114||$0.17||$0.25||$194.80 million||$195.59 million||View||N/A|
|2/27/2014||Q413||$0.23||$0.14||$186.00 million||$163.00 million||View||N/A|
|10/24/2013||Q313||$0.36||$0.25||$243.89 million||$242.02 million||View||N/A|
|7/31/2013||Q2 2013||$0.59||$0.55||$261.96 million||$258.54 million||View||N/A|
|5/8/2013||Q113||$0.36||$0.35||$217.06 million||$231.94 million||View||N/A|
|2/27/2013||Q412||$0.38||$0.39||$240.33 million||$240.60 million||View||N/A|
Earnings Estimates for Ashford Hospitality Trust (NYSE:AHT)
2017 EPS Consensus Estimate: $1.31
2018 EPS Consensus Estimate: $1.43
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Ashford Hospitality Trust (NYSE:AHT)
|Most Recent Dividend:||10/16/2017|
|Dividend Growth:||0.70% (3 Year Average)|
|Payout Ratio:||-34.04% (Trailing 12 Months of Earnings) |
34.78% (Based on This Year's Estimates)
33.57% (Based on Next Year's Estimates)
Dividend History by Quarter for Ashford Hospitality Trust (NYSE AHT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Ashford Hospitality Trust (NYSE AHT)
Insider Ownership Percentage: 18.20%
Institutional Ownership Percentage: 68.19%
Insider Trades by Quarter for Ashford Hospitality Trust (NYSE AHT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/9/2016||Alan Tallis||Director||Buy||4,174||$25.04||$104,516.96|| |
|5/27/2016||Benjamin J Md Ansell||Director||Buy||3,000||$4.95||$14,850.00|| |
|5/12/2016||Benjamin J Md Ansell||Director||Buy||5,800||$5.66||$32,828.00|| |
|11/10/2015||Thomas E Callahan||Director||Buy||7,800||$6.52||$50,856.00|| |
|11/9/2015||Benjamin J. Md Ansell||Director||Buy||7,500||$6.53||$48,975.00|| |
|2/5/2015||Douglas A Kessler||President||Sell||47,538||$10.71||$509,131.98|| |
|2/4/2015||Douglas A Kessler||President||Sell||69,974||$10.69||$748,022.06|| |
|2/2/2015||Douglas A Kessler||President||Sell||1,581||$10.66||$16,853.46|| |
|1/30/2015||Douglas A Kessler||President||Sell||20,001||$10.66||$213,210.66|| |
|1/28/2015||Douglas A Kessler||President||Sell||6,956||$11.03||$76,724.68|| |
|1/26/2015||Douglas A Kessler||President||Sell||3,044||$11.03||$33,575.32|| |
|12/24/2014||Douglas A Kessler||President||Sell||15,000||$10.95||$164,250.00|| |
|12/23/2014||Douglas A Kessler||President||Sell||75,000||$10.87||$815,250.00|| |
|12/19/2014||Douglas A Kessler||President||Sell||35,486||$10.57||$375,087.02|| |
|11/28/2014||Douglas A Kessler||President||Sell||26,586||$10.58||$281,279.88|| |
|11/25/2014||Douglas A Kessler||President||Sell||6,400||$10.57||$67,648.00|| |
|11/24/2014||Douglas A Kessler||President||Sell||2,200||$10.57||$23,254.00|| |
|11/21/2014||Douglas A Kessler||President||Sell||89,328||$10.31||$920,971.68|| |
|11/12/2013||Benjamin Md Ansell||Director||Buy||6,260||$8.00||$50,080.00|| |
|11/6/2013||Benjamin Md Ansell||Director||Buy||5,000||$8.50||$42,500.00|| |
Latest Headlines for Ashford Hospitality Trust (NYSE AHT)
Ashford Hospitality Trust (NYSE AHT) Chart for Monday, November, 20, 2017