Analysts forecast that Ashford Hospitality Trust, Inc. (NYSE:AHT – Get Rating) will report $0.92 earnings per share (EPS) for the current quarter, Zacks reports. Three analysts have issued estimates for Ashford Hospitality Trust’s earnings, with the lowest EPS estimate coming in at $0.75 and the highest estimate coming in at $1.06. Ashford Hospitality Trust posted earnings of $0.04 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 2,200%. The business is scheduled to issue its next quarterly earnings report on Monday, January 1st.
On average, analysts expect that Ashford Hospitality Trust will report full year earnings of $2.06 per share for the current year, with EPS estimates ranging from $0.85 to $2.85. For the next fiscal year, analysts forecast that the firm will post earnings of $2.71 per share, with EPS estimates ranging from $0.94 to $3.71. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that cover Ashford Hospitality Trust.
Ashford Hospitality Trust (NYSE:AHT – Get Rating) last issued its earnings results on Tuesday, May 3rd. The real estate investment trust reported ($1.71) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($1.90). During the same quarter in the prior year, the firm earned ($3.00) EPS.
NYSE AHT traded down $0.39 during mid-day trading on Friday, reaching $5.05. 1,869,629 shares of the stock were exchanged, compared to its average volume of 1,239,107. Ashford Hospitality Trust has a 1-year low of $4.72 and a 1-year high of $77.90. The business’s fifty day simple moving average is $7.87 and its 200 day simple moving average is $9.35. The stock has a market capitalization of $174.12 million, a PE ratio of -0.53 and a beta of 2.12. The company has a debt-to-equity ratio of 67.56, a quick ratio of 5.41 and a current ratio of 5.41.
Institutional investors have recently added to or reduced their stakes in the company. Point72 Hong Kong Ltd purchased a new position in Ashford Hospitality Trust during the fourth quarter valued at approximately $30,000. Allspring Global Investments Holdings LLC bought a new stake in Ashford Hospitality Trust in the fourth quarter worth approximately $70,000. State of Alaska Department of Revenue bought a new stake in Ashford Hospitality Trust in the fourth quarter worth approximately $82,000. Bayesian Capital Management LP bought a new stake in Ashford Hospitality Trust in the fourth quarter worth approximately $100,000. Finally, Daiwa Securities Group Inc. grew its position in Ashford Hospitality Trust by 25.8% in the first quarter. Daiwa Securities Group Inc. now owns 10,044 shares of the real estate investment trust’s stock worth $102,000 after acquiring an additional 2,058 shares in the last quarter. 47.55% of the stock is currently owned by institutional investors and hedge funds.
About Ashford Hospitality Trust (Get Rating)
Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.
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