Analysts expect Ashford Hospitality Trust, Inc. (NYSE:AHT) to post $0.19 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for Ashford Hospitality Trust’s earnings, with the lowest EPS estimate coming in at $0.14 and the highest estimate coming in at $0.21. Ashford Hospitality Trust posted earnings of $0.24 per share during the same quarter last year, which suggests a negative year over year growth rate of 20.8%. The business is scheduled to report its next earnings results on Thursday, March 7th.

According to Zacks, analysts expect that Ashford Hospitality Trust will report full year earnings of $1.16 per share for the current year, with EPS estimates ranging from $1.14 to $1.19. For the next financial year, analysts anticipate that the business will report earnings of $1.23 per share, with EPS estimates ranging from $1.17 to $1.33. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings results on Thursday, November 1st. The real estate investment trust reported ($0.40) earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.65). The firm had revenue of $355.93 million for the quarter, compared to the consensus estimate of $359.93 million. Ashford Hospitality Trust had a negative return on equity of 18.33% and a negative net margin of 7.15%.

AHT has been the subject of several research reports. ValuEngine upgraded Ashford Hospitality Trust from a “strong sell” rating to a “sell” rating in a research note on Monday, September 24th. B. Riley reiterated a “buy” rating and set a $8.00 price target on shares of Ashford Hospitality Trust in a research note on Monday, November 5th. Zacks Investment Research upgraded Ashford Hospitality Trust from a “strong sell” rating to a “hold” rating in a research note on Monday, October 8th. Finally, Deutsche Bank set a $8.00 price target on Ashford Hospitality Trust and gave the stock a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $8.00.

A number of hedge funds and other institutional investors have recently modified their holdings of AHT. Bank of Montreal Can bought a new position in Ashford Hospitality Trust in the 2nd quarter worth about $837,000. Nisa Investment Advisors LLC boosted its stake in Ashford Hospitality Trust by 172.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 40,000 shares of the real estate investment trust’s stock worth $324,000 after purchasing an additional 25,300 shares during the period. Bessemer Group Inc. bought a new position in Ashford Hospitality Trust in the 2nd quarter worth about $171,000. Massachusetts Financial Services Co. MA boosted its stake in Ashford Hospitality Trust by 15.9% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 199,766 shares of the real estate investment trust’s stock worth $1,618,000 after purchasing an additional 27,361 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Ashford Hospitality Trust in the 2nd quarter worth about $820,000. Institutional investors and hedge funds own 73.54% of the company’s stock.

Shares of AHT stock traded down $0.16 on Friday, hitting $4.71. 405,027 shares of the stock were exchanged, compared to its average volume of 368,513. The company has a debt-to-equity ratio of 7.79, a quick ratio of 3.67 and a current ratio of 3.67. The company has a market capitalization of $475.89 million, a price-to-earnings ratio of 3.44, a PEG ratio of 0.98 and a beta of 1.38. Ashford Hospitality Trust has a one year low of $4.70 and a one 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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