Analysts expect Ashford Hospitality Trust, Inc. (NYSE:AHT) to report $362.29 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Ashford Hospitality Trust’s earnings, with estimates ranging from $351.70 million to $370.64 million. Ashford Hospitality Trust posted sales of $353.33 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.5%. The business is scheduled to report its next quarterly earnings results after the market closes on Thursday, November 1st.

On average, analysts expect that Ashford Hospitality Trust will report full year sales of $1.44 billion for the current year, with estimates ranging from $1.43 billion to $1.45 billion. For the next year, analysts anticipate that the company will post sales of $1.49 billion, with estimates ranging from $1.45 billion to $1.50 billion. Zacks’ sales averages are an average based on a survey of analysts that follow Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last announced its earnings results on Thursday, August 2nd. The real estate investment trust reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by ($0.25). Ashford Hospitality Trust had a negative return on equity of 16.70% and a negative net margin of 6.76%. The company had revenue of $389.16 million during the quarter, compared to the consensus estimate of $390.19 million.

A number of equities analysts have weighed in on the stock. Robert W. Baird boosted their target price on shares of Ashford Hospitality Trust from $7.00 to $8.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 27th. ValuEngine downgraded shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Tuesday, August 7th. Zacks Investment Research raised shares of Ashford Hospitality Trust from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 4th. Finally, B. Riley set a $8.00 target price on shares of Ashford Hospitality Trust and gave the stock a “buy” rating in a research note on Wednesday, October 3rd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Ashford Hospitality Trust presently has a consensus rating of “Hold” and a consensus price target of $7.80.

Large investors have recently modified their holdings of the company. Private Advisor Group LLC acquired a new stake in shares of Ashford Hospitality Trust during the 2nd quarter worth approximately $119,000. Bessemer Group Inc. acquired a new stake in shares of Ashford Hospitality Trust during the 2nd quarter worth approximately $171,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Ashford Hospitality Trust by 82.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,788 shares of the real estate investment trust’s stock worth $185,000 after buying an additional 10,323 shares during the period. Capital Fund Management S.A. acquired a new stake in shares of Ashford Hospitality Trust during the 2nd quarter worth approximately $202,000. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Ashford Hospitality Trust during the 3rd quarter worth approximately $173,000. Institutional investors own 73.04% of the company’s stock.

Shares of NYSE AHT traded down $0.03 during trading on Wednesday, reaching $5.49. The company had a trading volume of 489,062 shares, compared to its average volume of 773,203. Ashford Hospitality Trust has a 52 week low of $5.38 and a 52 week high of $8.66. The company has a market cap of $544.34 million, a PE ratio of 4.01, a P/E/G ratio of 1.14 and a beta of 1.20. The company has a current ratio of 4.44, a quick ratio of 4.44 and a debt-to-equity ratio of 7.71.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 15th. Stockholders of record on Friday, September 28th were given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 8.74%. The ex-dividend date of this dividend was Thursday, September 27th. Ashford Hospitality Trust’s dividend payout ratio is 35.04%.

Ashford Hospitality Trust Company Profile

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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