Ashford Hospitality Trust, Inc. (AHT) Expected to Announce Earnings of $0.51 Per Share

Wall Street analysts expect that Ashford Hospitality Trust, Inc. (NYSE:AHT) will report earnings per share of $0.51 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Ashford Hospitality Trust’s earnings. The highest EPS estimate is $0.58 and the lowest is $0.45. Ashford Hospitality Trust posted earnings of $0.42 per share in the same quarter last year, which suggests a positive year over year growth rate of 21.4%. The business is expected to issue its next earnings results on Thursday, August 1st.

According to Zacks, analysts expect that Ashford Hospitality Trust will report full-year earnings of $1.29 per share for the current financial year, with EPS estimates ranging from $1.17 to $1.40. For the next financial year, analysts forecast that the business will post earnings of $1.29 per share, with EPS estimates ranging from $1.26 to $1.35. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last announced its earnings results on Thursday, May 2nd. The real estate investment trust reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.74). The company had revenue of $358.72 million for the quarter, compared to analyst estimates of $353.87 million. Ashford Hospitality Trust had a negative net margin of 9.58% and a negative return on equity of 30.20%.



AHT has been the topic of a number of analyst reports. ValuEngine cut Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Wednesday, April 3rd. Zacks Investment Research raised Ashford Hospitality Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, March 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $7.67.

Institutional investors have recently modified their holdings of the business. Cutler Group LP lifted its stake in shares of Ashford Hospitality Trust by 64.7% during the 4th quarter. Cutler Group LP now owns 8,400 shares of the real estate investment trust’s stock worth $33,000 after purchasing an additional 3,300 shares during the period. Hudson Valley Investment Advisors Inc. ADV purchased a new position in shares of Ashford Hospitality Trust during the 4th quarter worth $48,000. RB Capital Management LLC purchased a new position in shares of Ashford Hospitality Trust during the 1st quarter worth $63,000. Raymond James & Associates purchased a new position in shares of Ashford Hospitality Trust during the 4th quarter worth $54,000. Finally, Stevens Capital Management LP purchased a new position in shares of Ashford Hospitality Trust during the 4th quarter worth $56,000. 71.34% of the stock is currently owned by institutional investors.

NYSE:AHT traded down $0.14 during trading hours on Friday, reaching $5.28. 5,494 shares of the company traded hands, compared to its average volume of 478,761. The stock has a market cap of $541.35 million, a PE ratio of 4.17, a price-to-earnings-growth ratio of 0.95 and a beta of 1.70. The company has a debt-to-equity ratio of 11.28, a quick ratio of 3.07 and a current ratio of 3.07. Ashford Hospitality Trust has a 1-year low of $3.85 and a 1-year high of $8.66.

About Ashford Hospitality Trust

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

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Earnings History and Estimates for Ashford Hospitality Trust (NYSE:AHT)

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