Ashford Hospitality Trust Price, Forecast, Insider, Ratings, Fundamentals & Signals

Dallas , april 30, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") today announced its preliminary expectations for net income attributable to common stockholders, adjusted ebitdare, and adjusted ffo for the first quarter ended march 31, 2024. the company reported today a preliminary estimated range of net income attributable to common stockholders of approximately $66.4 million to $68.4 million or $0.59 to $0.61 per share, a preliminary estimated range of adjusted ebitdare of $58.5 million to $60.5 million, and a preliminary estimated range of adjusted ffo available to common stockholders and op unitholders of $(14.7) million to $(12.7) million for the first quarter ended march 31, 2024.

Dallas , april 29, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") today announced that it has closed on the sale of the 85-room hampton inn in lawrenceville, georgia for $8.1 million ($95,300 per key).  the sale price represented a 6.0% capitalization rate on trailing 12-month net operating income through march 2024.

Dallas , april 10, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") today announced that it has closed on the sale of the 390-room hilton boston back bay in boston, massachusetts for $171 million ($438,000 per key).  all of the proceeds from the sale were used for debt reduction including approximately $68 million to pay down the company's strategic financing.

Dallas , april 10, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") announced today that its board of directors (the "board") declared a dividend of $0.5281 per diluted share for the company's 8.45% series d cumulative preferred stock for the second quarter ending june 30, 2024. the dividend is payable on july 15, 2024, to stockholders of record as of june 28, 2024.

Dallas , april 8, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") reported today that the company expects to report occupancy of approximately 67% for the first quarter of 2024 with average daily rate of approximately $191 resulting in revpar of approximately $128. this comparable revpar reflects an approximate decrease of 1% compared to the first quarter of 2023.

Ashford Hospitality Trust, Inc. (NYSE:AHT ) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Jordan Jennings - Vice President-Investor Relations Rob Hays - President and Chief Executive Officer Deric Eubanks - Chief Financial Officer Chris Nixon - Executive Vice President and Head-Asset Management Conference Call Participants Jonathan Jenkins - Oppenheimer & Company Operator Thank you for standing by. My name is Greg, and I will be your conference operator today.

U.S. equity markets posted their worst week in a year while benchmark interest rates surged to five-month highs as investors monitored an intensification of geopolitical tensions and hawkish Fed commentary. Inflamed by resurgent energy prices and insatiable Federal government spending, Fed Chair Powell and other officials acknowledged a stalling-out of inflation progress in recent months and delayed cut expectations. Declining on all five trading sessions, the S&P 500 declined another 3.1% this week - its worst week since March 2023 - while high-flying technology stocks were hit particularly hard.

DALLAS, March 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2024. Ashford Trust plans to issue its earnings release for the first quarter after the market closes on Tuesday, May 7, 2024, and will host a conference call on Wednesday, May 8, 2024, at 11:00 a.m.

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.

Ashford Hospitality Trust, Inc. (AHT) Q4 2023 Earnings Call Transcript

The headline numbers for Ashford Hospitality Trust (AHT) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Get a deeper insight into the potential performance of Ashford Hospitality Trust (AHT) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

DALLAS , Dec. 27, 2023 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2023. Ashford Trust plans to issue its earnings release for the fourth quarter after the market closes on Wednesday, February 28, 2024, and will host a conference call on Thursday, February 29, 2024, at 11:00 a.m.

Ashford Hospitality Trust has faced significant challenges due to Covid, resulting in massive equity dilution and a 99% loss in value over the past 5 years. However, AHT's Q3 RevPAR has now surpassed pre-Covid levels, indicating a recovery in the hotel sector. AHT still faces major challenges, including high interest rates, an expensive loan from Oaktree, and the need for capital spending to modernize hotel properties.

Ashford Hospitality Trust (AHT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).