Equities research analysts predict that Ashford Hospitality Trust Inc (NYSE:AHT) will announce $0.20 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Ashford Hospitality Trust’s earnings, with the highest EPS estimate coming in at $0.22 and the lowest estimate coming in at $0.19. Ashford Hospitality Trust posted earnings per share of ($0.61) in the same quarter last year, which would suggest a positive year-over-year growth rate of 132.8%. The business is scheduled to issue its next quarterly earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that Ashford Hospitality Trust will report full year earnings of $1.38 per share for the current year, with EPS estimates ranging from $1.30 to $1.49. For the next year, analysts forecast that the business will post earnings of $1.40 per share, with EPS estimates ranging from $1.33 to $1.53. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that follow Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last issued its earnings results on Thursday, November 2nd. The real estate investment trust reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.02). Ashford Hospitality Trust had a negative net margin of 5.61% and a negative return on equity of 10.56%. The business had revenue of $353.33 million for the quarter, compared to analyst estimates of $360.10 million. During the same quarter last year, the firm posted $0.40 earnings per share. Ashford Hospitality Trust’s revenue was down 5.0% on a year-over-year basis.

A number of research firms have weighed in on AHT. Zacks Investment Research cut shares of Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a research report on Tuesday. ValuEngine cut shares of Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a research report on Monday, August 7th. BidaskClub cut shares of Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Finally, Cantor Fitzgerald reissued a “buy” rating and issued a $7.50 price objective on shares of Ashford Hospitality Trust in a research report on Thursday, September 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $7.50.

Several hedge funds have recently modified their holdings of AHT. DORCHESTER WEALTH MANAGEMENT Co bought a new position in shares of Ashford Hospitality Trust during the second quarter worth about $116,000. Verition Fund Management LLC bought a new position in shares of Ashford Hospitality Trust during the second quarter worth about $148,000. Eqis Capital Management Inc. lifted its position in shares of Ashford Hospitality Trust by 5.8% during the second quarter. Eqis Capital Management Inc. now owns 27,113 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 1,481 shares during the last quarter. WFG Advisors LP lifted its position in shares of Ashford Hospitality Trust by 20.1% during the second quarter. WFG Advisors LP now owns 31,230 shares of the real estate investment trust’s stock worth $190,000 after purchasing an additional 5,230 shares during the last quarter. Finally, Arete Wealth Advisors LLC bought a new position in shares of Ashford Hospitality Trust during the second quarter worth about $194,000. 70.33% of the stock is currently owned by institutional investors and hedge funds.

Shares of Ashford Hospitality Trust (NYSE:AHT) opened at $6.31 on Friday. The company has a debt-to-equity ratio of 4.94, a quick ratio of 4.37 and a current ratio of 4.37. The stock has a market cap of $691.76 million, a price-to-earnings ratio of 5.46, a PEG ratio of 1.03 and a beta of 1.53.

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were given a $0.12 dividend. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $0.48 dividend on an annualized basis and a yield of 7.61%. Ashford Hospitality Trust’s payout ratio is currently -35.04%.

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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.

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

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