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 of Directors has authorized 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 repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

Ashford Inc (NYSEAMERICAN:AINC) released its quarterly earnings data on Thursday, May, 3rd. The financial services provider reported ($2.84) EPS for the quarter, missing the Zacks' consensus estimate 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 Monday, July, 30th 2018. View Earnings Estimates for Ashford.

2 brokers have issued twelve-month target prices for Ashford's shares. Their predictions range from $67.00 to $95.00. On average, they expect Ashford's stock price to reach $81.00 in the next year. This suggests a possible upside of 12.9% 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).

Press coverage about AINC stock has been trending positive recently, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog 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 news impact score of 0.39 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 49.35 out of 100, meaning 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 a variety of of retail and institutional investors. Top institutional shareholders 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 $71.76.

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.