Ashford Hospitality Trust (NYSE:AHT) will be announcing its earnings results after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($0.38) per share for the quarter.
Ashford Hospitality Trust (AHT) opened at $5.76 on Wednesday. The company has a debt-to-equity ratio of 5.29, a quick ratio of 3.94 and a current ratio of 3.94. Ashford Hospitality Trust has a 12 month low of $5.42 and a 12 month high of $7.90. The firm has a market capitalization of $561.12, a PE ratio of -4.09, a price-to-earnings-growth ratio of 0.81 and a beta of 1.32.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.48 annualized dividend and a yield of 8.33%. Ashford Hospitality Trust’s dividend payout ratio (DPR) is presently -34.04%.
Several brokerages recently commented on AHT. B. Riley reissued a “buy” rating on shares of Ashford Hospitality Trust in a research note on Wednesday, November 1st. Zacks Investment Research cut Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. ValuEngine cut Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Robert W. Baird reissued a “hold” rating and issued a $7.00 price target on shares of Ashford Hospitality Trust in a research note on Friday, November 10th. Finally, Deutsche Bank lowered their price target on Ashford Hospitality Trust from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Friday, February 9th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $7.50.
About Ashford Hospitality Trust
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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