Headlines about Ashford Hospitality Trust (NYSE:AHT) have trended positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ashford Hospitality Trust earned a media sentiment score of 0.33 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 85 out of 100, indicating that recent media coverage is very likely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern’s analysis:
- Pounding the Pavement on Shares of Ashford Hospitality Trust Inc (AHT-G) – Financial News Review (finnewsreview.com)
- Hersha Hospitality Trust (HT) Analysts See $0.79 EPS – Newburgh Gazette (newburghgazette.com)
- A Technical Perspective On Etsy, Inc. (ETSY), Ashford Hospitality Trust, Inc. (AHT) – AllStockNews (allstocknews.com)
- Carter’s, Inc. (CRI) noted a price change of -0.80% and Ashford Hospitality Trust, Inc. (AHT) closes with a move of … – Stocks Gallery (stocksgallery.com)
- Ashford Hospitality Trust Inc (AHT) Declares Quarterly Dividend of $0.12 – Newburgh Gazette (newburghgazette.com)
Ashford Hospitality Trust (NYSE AHT) opened at 6.12 on Monday. The stock’s market cap is $596.32 million. Ashford Hospitality Trust has a 12 month low of $5.35 and a 12 month high of $8.23. The stock has a 50 day moving average price of $6.32 and a 200-day moving average price of $6.66.
Ashford Hospitality Trust (NYSE:AHT) last released its quarterly earnings results on Thursday, May 4th. The real estate investment trust reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.06. The firm had revenue of $353.70 million for the quarter, compared to the consensus estimate of $350.47 million. Ashford Hospitality Trust had a negative return on equity of 7.58% and a negative net margin of 3.96%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same quarter last year, the business posted $0.36 EPS. On average, analysts expect that Ashford Hospitality Trust will post ($0.99) EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 7.82%. The ex-dividend date was Wednesday, June 28th. Ashford Hospitality Trust’s dividend payout ratio is currently -43.64%.
A number of equities analysts recently issued reports on AHT shares. Zacks Investment Research downgraded Ashford Hospitality Trust from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Canaccord Genuity restated a “hold” rating and set a $7.00 price target on shares of Ashford Hospitality Trust in a research note on Monday, May 8th. Cantor Fitzgerald set a $8.00 price target on Ashford Hospitality Trust and gave the stock a “buy” rating in a research note on Thursday, May 18th. ValuEngine cut Ashford Hospitality Trust from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 22nd. Finally, FBR & Co set a $8.00 price target on Ashford Hospitality Trust and gave the stock a “buy” rating in a research note on Saturday, April 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $7.54.
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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