Ashford Hospitality Trust, Inc. (NYSE:AHT) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Deric Eubanks - Chief Financial Officer Stephen Zsigray - President and Chief Executive Officer Chris Nixon - Executive Vice President and Head-Asset Management Conference Call Participants Jonathan Jenkins - Oppenheimer Michael Bellisario - Baird Operator Hello and welcome to the Ashford Hospitality Trust's Third Quarter 2024 Results Conference Call. All lines have been placed on mu ...

Ashford Hospitality Trust (AHT) came out with a quarterly loss of $1.71 per share versus the Zacks Consensus Estimate of $0.70. This compares to FFO of $0.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -344.29%. A quarter ago, it was expected that this hotel owner would post FFO of $0.60 per share when it actually produced FFO of $2.70, delivering a surprise of 350%.Over the last four quarters, the company has surpassed consens ...

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): October 7, 2024 ASHFORD HOSPITALITY TRUST, INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | |----------------------------------------------------------------|--------------------------|--------------------------------------| | Maryland | 001-31775 | 86-1062192 | | ...

DALLAS, Oct. 25, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it completed a reverse split of the Company's common stock at a ratio of 1-for-10. After the close of business on October 25, 2024, the effective date of the reverse stock split, each share of the Company's issued and outstanding common stock and equivalents was converted into 1/10th of a share of the Company's common stock. As a result of the reverse split, the number of ...

Core Viewpoint - Ashford Hospitality Trust, Inc. announced a reverse stock split at a ratio of 1-for-10 to comply with NYSE listing requirements [1][3]. Group 1: Reverse Stock Split Details - The reverse stock split will reduce the number of outstanding shares from approximately 54.6 million to about 5.5 million [2]. - Fractional shares resulting from the split will be rounded down and sold in the open market, with proceeds distributed to stockholders in cash [2]. - The common stock will trade under a new CUSIP number post-split, effective October 28, 2024 [2]. Group 2: Purpose and Impact - The primary purpose of the reverse stock split is to raise the per share trading price to meet the minimum $1.00 continued listing requirement on the NYSE [3]. - A similar reverse split of the partnership units of Ashford Hospitality Limited Partnership will also occur at a 1-for-10 ratio, reducing outstanding units from approximately 2.1 million to about 0.2 million [3]. - Ashford Hospitality Trust focuses on investing in upper upscale, full-service hotels as a real estate investment trust (REIT) [3].

DALLAS, Oct. 7, 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 fourth quarter ending December 31, 2024. The dividend is payable on January 15, 2025, to stockholders of record as of December 31, 2024. The Board declared a dividend of $0.4609 per diluted share for the Company's 7.375% ...

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 ...

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 ...

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 ...

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 ...