Ashford Hospitality Trust (AHT) Receives Media Sentiment Score of 0.36
News coverage about Ashford Hospitality Trust (NYSE:AHT) has trended positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Ashford Hospitality Trust earned a media sentiment score of 0.36 on Accern’s scale. Accern also gave news headlines about the real estate investment trust an impact score of 46.0886766639651 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of research firms recently commented on AHT. ValuEngine downgraded shares of Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a report on Monday, August 7th. Cantor Fitzgerald reissued a “buy” rating and set a $7.50 price objective on shares of Ashford Hospitality Trust in a report on Thursday, September 14th. Canaccord Genuity reissued a “hold” rating and set a $7.00 price objective on shares of Ashford Hospitality Trust in a report on Monday, June 26th. Zacks Investment Research raised shares of Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a report on Thursday, September 7th. Finally, BidaskClub downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Ashford Hospitality Trust has an average rating of “Hold” and a consensus target price of $7.46.
Ashford Hospitality Trust (NYSE AHT) traded up 0.47% during trading on Friday, hitting $6.47. 288,097 shares of the stock were exchanged. The firm’s market cap is $630.37 million. Ashford Hospitality Trust has a 12-month low of $5.35 and a 12-month high of $8.23. The stock’s 50-day moving average price is $6.19 and its 200-day moving average price is $6.24.
Ashford Hospitality Trust (NYSE:AHT) last announced its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.52 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.03). Ashford Hospitality Trust had a negative return on equity of 10.41% and a negative net margin of 5.43%. The firm had revenue of $390.70 million during the quarter, compared to analyst estimates of $399.01 million. During the same quarter in the previous year, the business earned $0.60 earnings per share. The business’s quarterly revenue was down 4.9% compared to the same quarter last year. On average, equities analysts expect that Ashford Hospitality Trust will post ($1.10) EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Saturday, September 30th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 7.42%. The ex-dividend date of this dividend is Thursday, September 28th. Ashford Hospitality Trust’s payout ratio is -35.82%.
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Ashford Hospitality Trust Company Profile
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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