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Ashford Trust (AHT) Stock Experiences Sharp Decline Amidst Real Estate Sector Trends
Gurufocus· 2024-10-07 19:52
Ashford Hospitality Trust Inc. (AHT, Financial) has seen a significant drop in its stock price, down by 5.57%. The stock is currently trading at $0.685 per share with a volume of 78,803 shares and a turnover rate of 0.16%. The stock's price amplitude stands at 4.14%.Financial reports indicate that AHT achieved a revenue of $316 million with a net profit of $50.25 million, resulting in earnings per share of $1.03. However, its price-to-earnings ratio is reported at -0.33. Among the three institutions providi ...
ASHFORD HOSPITALITY TRUST ANNOUNCES REVERSE STOCK SPLIT TO MAINTAIN LISTING ON THE NYSE
Prnewswire· 2024-09-26 20:15
DALLAS, Sept. 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it was notified by the New York Stock Exchange (the "NYSE") on September 23, 2024, that it is not in compliance with Section 802.01C of the NYSE's Listed Company Manual, which requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading day period.The Company plans to notify the NYSE within 10 business days of recei ...
Würk joins forces with The Baldwin Group (formerly AHT Insurance) To Unveil Employee Benefit Captive Program
Prnewswire· 2024-09-17 12:00
Expanding the Company's suite of HR solutions, Würk and The Baldwin Group (formerly AHT Insurance) leverage decades of experience to help companies take control of their health insurance benefitsDENVER, Sept. 17, 2024 /PRNewswire/ -- Würk, the leading human capital management (HCM) company in the cannabis industry, today announced a first-of-its-kind insurance collaboration with The Baldwin Group (formerly AHT Insurance) that will reshape legal cannabis companies' approach to evaluating health benefits. Lev ...
ASHFORD TRUST SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
Prnewswire· 2024-08-29 20:00
DALLAS, Aug. 29, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced details for the release of its results for the third quarter ended September 30, 2024. Ashford Trust plans to issue its earnings release for the third quarter after the market closes on Tuesday, November 5, 2024 and will host a conference call on Wednesday, November 6, 2024, at 11:00 a.m. ET. The number to call for this interactive teleconference is (646) 307-1963. A replay of ...
Ashford Hospitality Trust(AHT) - 2024 Q2 - Quarterly Report
2024-08-08 20:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________ to ________________ Commission file number: 001-31775 ASHFORD HOSPITALITY TRUST, INC. (Exact name of registrant as specified in its charter) | --- | --- ...
Ashford Hospitality Trust(AHT) - 2024 Q2 - Earnings Call Transcript
2024-07-31 17:36
Ashford Hospitality Trust, Inc. (NYSE:AHT) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Deric Eubanks - CFO Stephen Zsigray - President and CEO Chris Nixon - EVP and Head-Asset Management Conference Call Participants Jonathan Jenkins – Oppenheimer Michael Bellisario - Baird Operator Hello. And welcome to the Ashford Hospitality Trust Second Quarter 2024 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks t ...
Ashford Hospitality Trust (AHT) Beats Q2 FFO and Revenue Estimates
ZACKS· 2024-07-30 23:20
Ashford Hospitality Trust (AHT) came out with quarterly funds from operations (FFO) of $0.27 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to FFO of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 350%. A quarter ago, it was expected that this hotel owner would post a loss of $0.04 per share when it actually produced a loss of $0.35, delivering a surprise of -775%.Over the last four quarter ...
Ashford Hospitality Trust(AHT) - 2024 Q2 - Quarterly Results
2024-07-30 20:18
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): July 8, 2024 ASHFORD HOSPITALITY TRUST, INC. (Exact name of registrant as specified in its charter) Maryland 001-31775 86-1062192 (State or other jurisdiction of incorporation or organization) (Commission File Number) (IRS employer identification number) 14185 Dallas Parkway, Suite 1200 Dallas ...
ASHFORD TRUST DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2024
Prnewswire· 2024-07-11 20:25
DALLAS, July 11, 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 third quarter ending September 30, 2024. The dividend is payable on October 15, 2024, to stockholders of record as of September 30, 2024.The Board declared a dividend of $0.4609 per diluted share for the Company's 7.375% ...
ASHFORD HOSPITALITY TRUST ANNOUNCES PRELIMINARY SECOND QUARTER 2024 RESULTS
Prnewswire· 2024-07-08 12:00
DALLAS, July 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 75% for the second quarter of 2024 with Average Daily Rate of approximately $200 resulting in RevPAR of approximately $150. This Comparable RevPAR reflects an approximate increase of 1.4% compared to the second quarter of 2023. Additionally, for the month of April 2024, Comparable RevPAR increased approximately 3.0% v ...