Ashford Hospitality Trust Inc (NYSE:AHT) will issue its quarterly earnings data after the market closes on Thursday, August 3rd. Analysts expect the company to announce earnings of $0.03 per share for the quarter.

Ashford Hospitality Trust (NYSE:AHT) last announced its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.06. Ashford Hospitality Trust had a negative net margin of 3.96% and a negative return on equity of 7.58%. The business had revenue of $353.70 million during the quarter, compared to analysts’ expectations of $350.47 million. During the same period last year, the business earned $0.36 earnings per share. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. On average, analysts expect Ashford Hospitality Trust to post $-0.99 EPS for the current fiscal year and $-0.80 EPS for the next fiscal year.

Shares of Ashford Hospitality Trust Inc (AHT) opened at 6.15 on Thursday. The firm’s 50 day moving average is $6.32 and its 200-day moving average is $6.66. The firm’s market capitalization is $599.24 million. Ashford Hospitality Trust Inc has a 12 month low of $5.35 and a 12 month high of $8.23.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Stockholders of record on Friday, June 30th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of 7.80%. Ashford Hospitality Trust’s payout ratio is currently -43.64%.

Several research analysts have recently weighed in on the stock. Canaccord Genuity reiterated a “hold” rating and set a $7.00 price objective on shares of Ashford Hospitality Trust in a report on Monday, June 26th. ValuEngine lowered shares of Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. FBR & Co set a $8.00 price objective on shares of Ashford Hospitality Trust and gave the stock a “buy” rating in a report on Saturday, April 8th. Cantor Fitzgerald set a $8.00 price objective on shares of Ashford Hospitality Trust and gave the stock a “buy” rating in a 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 report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $7.54.

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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.

Earnings History for Ashford Hospitality Trust (NYSE:AHT)

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