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 has initiated a stock buyback program on Tuesday, December 12th 2017, which authorizes the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

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

Ashford is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Ashford.

2 Wall Street analysts have issued 12-month price objectives for Ashford's stock. Their predictions range from $67.00 to $95.00. On average, they anticipate Ashford's stock price to reach $81.00 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Ratings for Ashford.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ashford 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 include Guardian Capital Group (GCG), Sprott (SII), Timbercreek Financial (TF), Central Securities (CET), BlackRock Core Bond Trust (BHK), Clairvest Group (CVG), Law Debenture (LWDB), GAMCO Global Gold Ntrl Rsrcs & Incm Trst (GGN), Blackrock Multi-Sector Income Trust (BIT), Bbgi Sicav (BBGI), Scottish Investment Trust (SCIN), Senvest Capital (SEC), P2P Global Investments (P2P), Deutsche Beteiligungs (DBAN) and Arrow Global Group (ARW).

News stories about AINC stock have trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ashford earned a coverage optimism score of 0.09 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 45.60 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Ashford's stock is owned by a variety of of retail and institutional investors. Top institutional investors include RAGING CAPITAL MANAGEMENT, LLC (8.80%), RAGING CAPITAL MANAGEMENT, LLC (7.00%) and RAGING CAPITAL MANAGEMENT, LLC (4.10%). View Institutional Ownership Trends 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 $66.0941.

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.