Brokerages forecast that Ashford Hospitality Trust Inc (NYSE:AHT) will announce earnings per share of $0.33 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Ashford Hospitality Trust’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.29. Ashford Hospitality Trust reported earnings per share of ($0.37) in the same quarter last year, which would indicate a positive year-over-year growth rate of 189.2%. The company is scheduled to report its next earnings report after the market closes on Thursday, November 2nd.

On average, analysts expect that Ashford Hospitality Trust will report full-year earnings of $1.38 per share for the current fiscal year, with EPS estimates ranging from $1.30 to $1.49. For the next fiscal year, analysts forecast that the company will report earnings of $1.40 per share, with EPS estimates ranging from $1.33 to $1.53. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last posted its earnings results on Thursday, August 3rd. The real estate investment trust reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.55 by ($0.03). The business had revenue of $390.70 million for the quarter, compared to analyst estimates of $399.01 million. Ashford Hospitality Trust had a negative return on equity of 10.41% and a negative net margin of 5.43%. The company’s quarterly revenue was down 4.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.60 earnings per share.

A number of equities research analysts have recently weighed in on AHT shares. Zacks Investment Research lowered shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. ValuEngine lowered shares of Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 22nd. Cantor Fitzgerald reiterated a “buy” rating and set a $7.50 price target on shares of Ashford Hospitality Trust in a report on Thursday, September 14th. Canaccord Genuity reiterated a “hold” rating and set a $7.00 price target on shares of Ashford Hospitality Trust in a report on Monday, June 26th. Finally, BidaskClub lowered shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Friday, July 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $7.50.

Ashford Hospitality Trust (AHT) traded down 0.14% during midday trading on Friday, reaching $7.09. The company had a trading volume of 376,164 shares. The firm’s market capitalization is $690.78 million. The stock’s 50 day moving average price is $6.53 and its 200-day moving average price is $6.33. Ashford Hospitality Trust has a one year low of $5.35 and a one year high of $8.23.

The business also recently disclosed 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. The ex-dividend date is Thursday, September 28th. This represents a $0.48 annualized dividend and a yield of 6.77%. Ashford Hospitality Trust’s dividend payout ratio (DPR) is presently -35.82%.

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A number of hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio grew its position in Ashford Hospitality Trust by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 170,329 shares of the real estate investment trust’s stock valued at $1,036,000 after purchasing an additional 674 shares during the last quarter. BNP Paribas Arbitrage SA grew its position in Ashford Hospitality Trust by 2.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 44,198 shares of the real estate investment trust’s stock valued at $269,000 after purchasing an additional 1,258 shares during the last quarter. Eqis Capital Management Inc. grew its position in Ashford Hospitality Trust by 5.8% during the 2nd quarter. Eqis Capital Management Inc. now owns 27,113 shares of the real estate investment trust’s stock valued at $165,000 after purchasing an additional 1,481 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. grew its position in Ashford Hospitality Trust by 4.8% during the 1st quarter. Los Angeles Capital Management & Equity Research Inc. now owns 47,974 shares of the real estate investment trust’s stock valued at $306,000 after purchasing an additional 2,200 shares during the last quarter. Finally, Ironwood Investment Management LLC grew its position in Ashford Hospitality Trust by 1.1% during the 2nd quarter. Ironwood Investment Management LLC now owns 239,550 shares of the real estate investment trust’s stock valued at $1,456,000 after purchasing an additional 2,500 shares during the last quarter. 70.24% of the stock is currently owned by institutional investors.

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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Earnings History and Estimates for Ashford Hospitality Trust (NYSE:AHT)

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