Streetbeat News

AHT

Ashford Hospitality Trust, Inc.

https://www.ahtreit.com

Industry

REIT - Hotel & Motel

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.

Open

8.19

Mkt cap

45M

Volume

25K

High

8.36

P/E Ratio

N/A

52-wk high

21.90

Low

8.08

Div yield

N/A

52-wk low

5.20

Ashford Hospitality Trust, Inc. (NYSE: AHT) has announced an agreement to sell the Courtyard Boston Downtown for $123 million. The sale is expected to close in January 2025, pending normal closing conditions.

Portfolio Pulse from

December 04, 2024 | 1:15 pm

Ashford Hospitality Trust, Inc. (NYSE: AHT) announced the closing of its Series J and Series K non-traded preferred stock offering, raising approximately $180 million since 2022. The offering will close on March 31, 2025.

Portfolio Pulse from

December 03, 2024 | 1:15 pm

Ashford Hospitality Trust has announced the conversion of its Le Pavillon Hotel in New Orleans to a Marriott Tribute Portfolio property, enhancing its appeal with Marriott's global brand.

Portfolio Pulse from

November 21, 2024 | 9:45 pm

Ashford Hospitality Trust, Inc. (AHT) held its Q3 2024 earnings call, discussing financial results and company performance. Key participants included the CFO, CEO, and EVP of Asset Management.

Portfolio Pulse from

November 06, 2024 | 8:30 pm

Ashford Hospitality Trust (AHT) reported a Q3 loss of $1.71 per share, missing the Zacks Consensus Estimate of $0.70. However, the company exceeded revenue expectations.

Portfolio Pulse from

November 06, 2024 | 12:00 am

Ashford Hospitality Trust, Inc. (NYSE:AHT) announced a 1-for-10 reverse stock split, effective October 25, 2024. Trading on a split-adjusted basis will begin on October 28, 2024. The Board approved the split without requiring stockholder approval.

Portfolio Pulse from Benzinga Newsdesk

October 15, 2024 | 8:20 pm

Ashford Hospitality Trust (AHT) reports a Q3 occupancy rate of 71% with an average daily rate of $187, resulting in a RevPAR of $132, a 1.6% decrease from Q3 2023. Monthly RevPAR changes for July, August, and September 2024 show slight fluctuations. The company also continues its Non-Traded Preferred Equity offering.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 8:27 pm

Ashford Hospitality Trust (AHT) shares are declining following the announcement of a 1-for-10 reverse stock split aimed at regaining NYSE compliance.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 4:43 pm

Ashford Hospitality Trust plans a 1-for-10 reverse stock split to regain compliance with NYSE listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 8:16 pm

Ashford Hospitality Trust (NYSE:AHT) reported Q2 2024 earnings per share of $0.27, significantly beating the analyst estimate of $0.13. The company also reported sales of $316.482 million, surpassing the $308.900 million estimate. However, sales decreased by 15.77% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

July 30, 2024 | 8:24 pm

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