NYSEAMERICAN:AINC - Ashford Stock Price, Price Target & More

Ashford trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "AINC."

Ashford declared that its Board of Directors has approved a stock buyback plan on Tuesday, December 12th 2017, which allows the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Ashford Inc (NYSEAMERICAN:AINC) announced its quarterly earnings results on Thursday, May, 3rd. The financial services provider reported ($2.84) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by $3.52. The financial services provider earned $48.17 million during the quarter, compared to analyst estimates of $36.72 million. Ashford had a negative return on equity of 23.28% and a negative net margin of 11.73%. View Ashford's Earnings History.

Ashford is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Ashford.

2 Wall Street analysts have issued 1 year price targets for Ashford's shares. Their forecasts range from $67.00 to $95.00. On average, they expect Ashford's stock price to reach $81.00 in the next twelve months. View Analyst Ratings for Ashford.

Some companies that are related to Ashford include Guardian Capital Group (GCG), Sprott (SII), Timbercreek Financial (TF), Central Securities (CET), Clairvest Group (CVG), Law Debenture (LWDB), Blackrock Multi-Sector Income Trust (BIT), Bbgi Sicav (BBGI), Scottish Investment Trust (SCIN), Senvest Capital (SEC), Deutsche Beteiligungs (DBAN), Arrow Global Group (ARW), Sprott (SPOXF), Nuveen Intermediate Duration Munpl Tm Fd (NID) and MLP (MLP).

News articles about AINC stock have trended somewhat positive recently, Accern reports. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ashford earned a media sentiment score of 0.19 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.27 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Ashford's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include RAGING CAPITAL MANAGEMENT, LLC (8.80%), RAGING CAPITAL MANAGEMENT, LLC (7.00%), RAGING CAPITAL MANAGEMENT, LLC (4.10%), BlackRock Inc. (1.10%), Millennium Management LLC (0.59%) and Glacier Peak Capital LLC (0.48%). View Institutional Ownership Trends for Ashford.

AINC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc.. View Insider Buying and Selling for Ashford.

AINC stock was purchased by a variety of institutional investors in the last quarter, including Glacier Peak Capital LLC and Millennium Management LLC. View Insider Buying and Selling for Ashford.

Shares of AINC 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 AINC stock can currently be purchased for approximately $62.00.

Ashford has a market capitalization of $198.64 million.

Ashford's mailing address is 14185 Dallas Pkwy Ste 1100, DALLAS, TX 75254-4308, United States. The financial services provider can be reached via phone at +1-972-4909600.