Analysts expect Ashford Hospitality Trust Inc (NYSE:AHT) to post $0.34 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Ashford Hospitality Trust’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.30. Ashford Hospitality Trust reported earnings of ($0.37) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 191.9%. The company is expected to announce its next quarterly earnings results on Thursday, November 2nd.

On average, analysts expect that Ashford Hospitality Trust will report full-year earnings of $1.40 per share for the current year, with EPS estimates ranging from $1.35 to $1.49. For the next fiscal year, analysts anticipate that the business will post earnings of $1.42 per share, with EPS estimates ranging from $1.35 to $1.53. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Ashford Hospitality Trust.

Ashford Hospitality Trust (NYSE:AHT) last issued 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). Ashford Hospitality Trust had a negative return on equity of 10.41% and a negative net margin of 5.43%. The business had revenue of $390.70 million for the quarter, compared to the consensus estimate of $399.01 million. During the same quarter in the prior year, the firm posted $0.60 earnings per share. The business’s revenue was down 4.9% compared to the same quarter last year.

Several analysts have recently commented on AHT shares. Zacks Investment Research raised Ashford Hospitality Trust from a “sell” rating to a “hold” rating in a research note on Tuesday, May 16th. Cantor Fitzgerald set a $8.00 price objective on Ashford Hospitality Trust and gave the stock a “buy” rating in a research note on Thursday, May 18th. Canaccord Genuity reissued a “hold” rating on shares of Ashford Hospitality Trust in a research note on Friday, May 19th. ValuEngine downgraded Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, BidaskClub downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the stock. Ashford Hospitality Trust presently has a consensus rating of “Hold” and a consensus price target of $7.46.

Several institutional investors and hedge funds have recently modified their holdings of AHT. UBS Asset Management Americas Inc. increased its position in shares of Ashford Hospitality Trust by 5.1% during the fourth quarter. UBS Asset Management Americas Inc. now owns 127,519 shares of the real estate investment trust’s stock valued at $990,000 after acquiring an additional 6,153 shares during the last quarter. Nationwide Fund Advisors increased its position in shares of Ashford Hospitality Trust by 0.5% during the first quarter. Nationwide Fund Advisors now owns 476,446 shares of the real estate investment trust’s stock valued at $3,035,000 after acquiring an additional 2,479 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Ashford Hospitality Trust by 1.7% during the first quarter. Wells Fargo & Company MN now owns 935,860 shares of the real estate investment trust’s stock valued at $5,962,000 after acquiring an additional 15,922 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Ashford Hospitality Trust by 176.0% during the first quarter. Great West Life Assurance Co. Can now owns 131,117 shares of the real estate investment trust’s stock valued at $835,000 after acquiring an additional 83,605 shares during the last quarter. Finally, Capital Fund Management S.A. increased its position in shares of Ashford Hospitality Trust by 15.0% during the first quarter. Capital Fund Management S.A. now owns 33,348 shares of the real estate investment trust’s stock valued at $212,000 after acquiring an additional 4,348 shares during the last quarter. 70.27% of the stock is owned by institutional investors.

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Shares of Ashford Hospitality Trust (NYSE:AHT) traded up 1.08% on Friday, hitting $6.53. The stock had a trading volume of 499,894 shares. The company’s market capitalization is $636.22 million. Ashford Hospitality Trust has a 52 week low of $5.35 and a 52 week high of $8.23. The company has a 50-day moving average of $6.16 and a 200 day moving average of $6.25.

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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