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

9.47

Mkt cap

54M

Volume

28K

High

9.74

P/E Ratio

0.43

52-wk high

24.90

Low

9.33

Div yield

N/A

52-wk low

5.20

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

Ashford Hospitality Trust (NYSE:AHT) has sold two hotels in Kennesaw, Georgia for $17.5 million. The sale will help pay down a $10.8 million mortgage loan and fund general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:09 pm

Ashford Hospitality Trust has signed a definitive deal to sell the 193-room One Ocean Resort in Atlantic Beach, Florida for $87 million and has closed on the sale of the 90-room Courtyard in Manchester, Connecticut for $8 million.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 9:17 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.