Equities analysts expect Ashford Hospitality Trust, Inc. (NYSE:AHT) to post earnings of $0.21 per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Ashford Hospitality Trust’s earnings, with the lowest EPS estimate coming in at $0.20 and the highest estimate coming in at $0.23. Ashford Hospitality Trust reported earnings of ($0.61) per share during the same quarter last year, which suggests a positive year over year growth rate of 134.4%. The business is scheduled to report its next earnings results on Thursday, February 22nd.

On average, analysts expect that Ashford Hospitality Trust will report full year earnings of $1.38 per share for the current financial year, with EPS estimates ranging from $1.33 to $1.49. For the next fiscal year, analysts forecast that the company will report earnings of $1.43 per share, with EPS estimates ranging from $1.38 to $1.49. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last posted its quarterly earnings data 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 10.79%. The business had revenue of $353.33 million during the quarter, compared to the consensus estimate of $360.10 million. During the same period in the prior year, the company posted $0.40 earnings per share. The firm’s revenue was down 5.0% compared to the same quarter last year.

AHT has been the subject of a number of recent research reports. B. Riley restated a “buy” rating on shares of Ashford Hospitality Trust in a research note on Wednesday, November 1st. Cantor Fitzgerald restated a “buy” rating and issued a $7.50 target price on shares of Ashford Hospitality Trust in a research note on Tuesday, October 3rd. ValuEngine lowered Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research lowered Ashford Hospitality Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. Finally, Robert W. Baird restated a “hold” rating and issued a $7.00 target price on shares of Ashford Hospitality Trust in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $7.42.

Several hedge funds and other institutional investors have recently modified their holdings of AHT. Dimensional Fund Advisors LP raised its stake in shares of Ashford Hospitality Trust by 4.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,536,603 shares of the real estate investment trust’s stock valued at $9,788,000 after purchasing an additional 68,871 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its stake in Ashford Hospitality Trust by 5.2% during the first quarter. Metropolitan Life Insurance Co. NY now owns 60,696 shares of the real estate investment trust’s stock worth $387,000 after acquiring an additional 2,989 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in Ashford Hospitality Trust by 30.3% during the second quarter. Schwab Charles Investment Management Inc. now owns 1,301,506 shares of the real estate investment trust’s stock worth $7,914,000 after acquiring an additional 302,950 shares in the last quarter. Foundry Partners LLC raised its stake in Ashford Hospitality Trust by 8.3% during the second quarter. Foundry Partners LLC now owns 997,470 shares of the real estate investment trust’s stock worth $6,065,000 after acquiring an additional 76,027 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in Ashford Hospitality Trust by 6.5% during the second quarter. Bank of New York Mellon Corp now owns 867,559 shares of the real estate investment trust’s stock worth $5,275,000 after acquiring an additional 53,201 shares in the last quarter. Institutional investors and hedge funds own 71.05% of the company’s stock.

Ashford Hospitality Trust (NYSE:AHT) traded down $0.02 on Monday, hitting $6.70. The stock had a trading volume of 322,000 shares, compared to its average volume of 628,912. Ashford Hospitality Trust has a 12 month low of $5.68 and a 12 month high of $8.23. The company has a quick ratio of 3.94, a current ratio of 3.94 and a debt-to-equity ratio of 5.29. The company has a market capitalization of $652.69, a PE ratio of 5.15, a price-to-earnings-growth ratio of 0.97 and a beta of 1.46.

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

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