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

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

Ashford announced that its board has approved a share buyback program on Tuesday, December 12th 2017, which permits the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Ashford Inc (NYSEAMERICAN:AINC) posted its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported ($2.84) 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 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 Monday, July, 30th 2018. View Earnings Estimates for Ashford.

2 brokers have issued 1-year price objectives for Ashford's stock. Their forecasts range from $67.00 to $95.00. On average, they expect Ashford's share price to reach $81.00 in the next year. This suggests a possible upside of 17.0% 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 coverage about AINC stock has trended positive on Friday, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ashford earned a news impact score of 0.26 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 48.56 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Ashford's stock is owned by many different of institutional and retail investors. Top institutional investors include 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 $69.25.

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.