Equities analysts predict that Ashford Hospitality Trust Inc (NYSE:AHT) will announce $400.58 million in sales for the current quarter, according to Zacks Investment Research. Four analysts have provided estimates for Ashford Hospitality Trust’s earnings, with the lowest sales estimate coming in at $396.63 million and the highest estimate coming in at $402.64 million. Ashford Hospitality Trust reported sales of $410.67 million in the same quarter last year, which indicates a negative year over year growth rate of 2.5%. The firm is expected to issue its next quarterly earnings results after the market closes on Thursday, August 3rd.

On average, analysts expect that Ashford Hospitality Trust will report full year sales of $400.58 million for the current financial year, with estimates ranging from $1.45 billion to $1.48 billion. For the next year, analysts forecast that the firm will report sales of $1.50 billion per share, with estimates ranging from $1.48 billion to $1.52 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.06. The company had revenue of $353.70 million for the quarter, compared to analyst estimates of $350.47 million. Ashford Hospitality Trust had a negative net margin of 3.96% and a negative return on equity of 7.58%. The business’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the business posted $0.36 EPS.

Several brokerages have recently weighed in on AHT. Canaccord Genuity reissued a “hold” rating and issued a $7.00 price objective on shares of Ashford Hospitality Trust in a research report on Monday, June 26th. ValuEngine lowered shares of Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a research report on Thursday, June 22nd. FBR & Co set a $8.00 price objective on shares of Ashford Hospitality Trust and gave the company a “buy” rating in a research report on Saturday, April 8th. Cantor Fitzgerald set a $8.00 price objective on shares of Ashford Hospitality Trust and gave the company a “buy” rating in a research report on Thursday, May 18th. Finally, Zacks Investment Research lowered shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $7.18.

Institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Services Advisors Inc. increased its position in Ashford Hospitality Trust by 43.5% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 17,942 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 5,442 shares during the period. Utah Retirement Systems increased its position in Ashford Hospitality Trust by 38.8% in the first quarter. Utah Retirement Systems now owns 17,900 shares of the real estate investment trust’s stock valued at $114,000 after buying an additional 5,000 shares during the period. Princeton Portfolio Strategies Group LLC acquired a new position in Ashford Hospitality Trust during the first quarter valued at approximately $127,000. Thrivent Financial for Lutherans increased its position in Ashford Hospitality Trust by 0.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 20,028 shares of the real estate investment trust’s stock valued at $155,000 after buying an additional 100 shares during the period. Finally, Princeton Alpha Management LP increased its position in Ashford Hospitality Trust by 1.8% in the first quarter. Princeton Alpha Management LP now owns 25,746 shares of the real estate investment trust’s stock valued at $164,000 after buying an additional 454 shares during the period. Institutional investors and hedge funds own 72.41% of the company’s stock.

Ashford Hospitality Trust (NYSE AHT) traded up 1.15% during mid-day trading on Thursday, reaching $6.16. 463,559 shares of the company’s stock traded hands. Ashford Hospitality Trust has a 1-year low of $5.35 and a 1-year high of $8.23. The firm’s market cap is $600.22 million. The firm has a 50 day moving average of $6.32 and a 200 day moving average of $6.81.

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Investors of record on Friday, June 30th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of 7.79%. Ashford Hospitality Trust’s dividend payout ratio (DPR) is presently -43.64%.

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About Ashford Hospitality Trust

Ashford Hospitality Trust, Inc is an externally-advised real estate investment trust (REIT). The Company is focused on investing in the hospitality industry with a focus on full-service upscale and upper-upscale hotels in the United States. The Company owns its lodging investments and conducts its business through Ashford Hospitality Limited Partnership (Ashford Trust OP), its operating partnership.

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

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