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Ashford Hospitality Trust, Inc. logo

Ashford Hospitality Trust, Inc.

AHT

NYSEReal EstateREIT - Hotel & Motel

Open in GoAI

Previous close

$3.32

−$0.01 · -0.30%

Aug 21, 3:53 PM ET

Pre-market

$3.33

+$0.01 · +0.30%

Aug 24, 4:00 AM ET

AHT company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

45

Fair Value

Momentum

34

Weakening

Sentiment

35

Bearish

Risk resilience

36

High Risk

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Company profile

Company website

Ashford Hospitality Trust, operating as a Real Estate Investment Trust (REIT), primarily channels its investments into premium, full-service hotel properties.

Industry
REIT - Hotel & Motel
Sector
Real Estate
Headquarters
US
CEO
Stephen Zsigray
Listed since
Aug 26, 2003
Employees
82

Market position

Day range

Current $3.32

52-week range

Current $3.32

Open
$3.31
Previous close
$3.33
Volume
25.19K
0.72× average
Average volume
35.19K
Average daily volume
Market cap
21.5M USD
Beta
1.75
Market reference 1
50-day average
$3.1904
+4.06% above average
200-day average
$3.3701
-1.49% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.88B USD
P/E (TTM)
-0.26×
P/B (TTM)
-0.06×
P/S (TTM)
0.02×
EV / EBITDA
11.61×
Earnings yield
-706.66%
Free cash flow yield
-61.57%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
11.74%
Operating margin
6.54%
Net margin
-6.12%
Return on equity
43.94%
Return on assets
-6.35%
Return on invested capital
2.11%

Financial health

Debt / equity
-6.48×
Current ratio
0.26×
Altman Z-score
-1.46
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends29%7%-16%-39%Gross margin, FY2021: 13.46%Gross margin, FY2022: 23.18%Gross margin, FY2023: 23.62%Gross margin, FY2024: 19.99%Gross margin, FY2025: -0.57%Operating margin, FY2021: -15.54%Operating margin, FY2022: 6.15%Operating margin, FY2023: 9.54%Operating margin, FY2024: 22.11%Operating margin, FY2025: 5.42%Net margin, FY2021: -33.15%Net margin, FY2022: -11.27%Net margin, FY2023: -13.05%Net margin, FY2024: -5.14%Net margin, FY2025: -16.28%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.46%. Gross margin FY2022 23.18%. Gross margin FY2023 23.62%. Gross margin FY2024 19.99%. Gross margin FY2025 -0.57%. Operating margin FY2021 -15.54%. Operating margin FY2022 6.15%. Operating margin FY2023 9.54%. Operating margin FY2024 22.11%. Operating margin FY2025 5.42%. Net margin FY2021 -33.15%. Net margin FY2022 -11.27%. Net margin FY2023 -13.05%. Net margin FY2024 -5.14%. Net margin FY2025 -16.28%.

Income trends

Revenue

1.1B USD-5.81%

Operating income

59.86M USD-76.91%

Net income

−179.84M USD-198.24%
Income trends across reported periods1.53B USD877.17M USD223.36M USD−430.46M USDRevenue, FY2021: 805.41M USDRevenue, FY2022: 1.24B USDRevenue, FY2023: 1.37B USDRevenue, FY2024: 1.17B USDRevenue, FY2025: 1.1B USDOperating income, FY2021: −125.17M USDOperating income, FY2022: 76.26M USDOperating income, FY2023: 130.44M USDOperating income, FY2024: 259.21M USDOperating income, FY2025: 59.86M USDNet income, FY2021: −267.01M USDNet income, FY2022: −139.83M USDNet income, FY2023: −178.49M USDNet income, FY2024: −60.3M USDNet income, FY2025: −179.84M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 805.41M USD. Revenue FY2022 1.24B USD. Revenue FY2023 1.37B USD. Revenue FY2024 1.17B USD. Revenue FY2025 1.1B USD. Operating income FY2021 −125.17M USD. Operating income FY2022 76.26M USD. Operating income FY2023 130.44M USD. Operating income FY2024 259.21M USD. Operating income FY2025 59.86M USD. Net income FY2021 −267.01M USD. Net income FY2022 −139.83M USD. Net income FY2023 −178.49M USD. Net income FY2024 −60.3M USD. Net income FY2025 −179.84M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.1B USD1.17B USD1.37B USD1.24B USD805.41M USD
Cost of goods sold1.11B USD938.07M USD1.04B USD953.23M USD697.02M USD
Gross profit−6.26M USD234.39M USD322.94M USD287.63M USD108.39M USD
Selling, general, and administrative20.77M USD24.66M USD16.18M USD9.88M USD16.15M USD
Operating expenses−66.13M USD−24.81M USD192.5M USD211.38M USD233.56M USD
Interest income4.74M USD6.94M USD8.98M USD4.78M USD207K USD
Interest expense295.27M USD318.95M USD366.15M USD227M USD156.12M USD
Depreciation and amortization141.3M USD152.78M USD187.81M USD201.9M USD218.98M USD
Operating income59.86M USD259.21M USD130.44M USD76.26M USD−125.17M USD
Net income−179.84M USD−60.3M USD−178.49M USD−139.83M USD−267.01M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 6 misses, 1 met estimate
Average EPS surprise
-54.71%
11 comparable reports
Latest EPS result
2.67
Estimate -6.64 · Beat by 140.21%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates4.79-5.46-15.7-25.95Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MetQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual -23.83, estimate -3.9, surprise -511.03%, Miss. Q2 2025, reported May 6, 2025: actual -4.91, estimate -0.71, surprise -591.55%, Miss. Q3 2025, reported Jul 30, 2025: actual -6.88, estimate -7.36, surprise +6.52%, Beat. Q4 2025, reported Nov 4, 2025: actual -11.35, estimate -10.16, surprise -11.71%, Miss. Q1 2026, reported Feb 25, 2026: actual -12.33, estimate -12.33, surprise 0.00%, Met estimate. Q2 2026, reported May 11, 2026: actual -9.93, estimate -8.79, surprise -12.97%, Miss. Q3 2026, reported Aug 12, 2026: actual 2.67, estimate -6.64, surprise +140.21%, Beat. Q4 2026, reported Nov 10, 2026: actual —, estimate -10.84, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates314.08M291.68M269.28M246.89MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 25, 2025: actual 275.48M USD, estimate 264.4M USD, surprise +4.19%, Beat. Q2 2025, reported May 6, 2025: actual 277.36M USD, estimate 283M USD, surprise -1.99%, Miss. Q3 2025, reported Jul 30, 2025: actual 302M USD, estimate 301.6M USD, surprise +0.13%, Beat. Q4 2025, reported Nov 4, 2025: actual 266.06M USD, estimate 273.8M USD, surprise -2.83%, Miss. Q1 2026, reported Feb 25, 2026: actual 258.97M USD, estimate 266M USD, surprise -2.64%, Miss. Q2 2026, reported May 11, 2026: actual 267.73M USD, estimate 276M USD, surprise -3.00%, Miss. Q3 2026, reported Aug 12, 2026: actual 273.24M USD, estimate 293M USD, surprise -6.74%, Miss. Q4 2026, reported Nov 10, 2026: actual —, estimate 263M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.00

80.72% upside
Past 12 months12-month forecastHigh $10.00Average $6.00Low $2.00

Rating distribution

24 ratings
Strong buy00%
Buy833%
Hold1563%
Sell14%
Strong sell00%

Recent analyst actions

1 institution
B. Riley SecuritiesmaintainNeutral

AHT news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$29.7154

2019 complete year-37.4% since 2015

Corporate action history

Dividend

Ex-dividend Dec 30, 2019

$0.06

Quarterly

Record Dec 31, 2019 · Payment Jan 15, 2020

Dividend

Ex-dividend Sep 27, 2019

$0.06

Quarterly

Record Sep 30, 2019 · Payment Oct 15, 2019

Dividend

Ex-dividend Jun 27, 2019

$0.06

Quarterly

Record Jun 28, 2019 · Payment Jul 15, 2019

Dividend

Ex-dividend Mar 28, 2019

$0.12

Quarterly

Record Mar 29, 2019 · Payment Apr 15, 2019

Dividend

Ex-dividend Dec 28, 2018

$0.12

Quarterly

Record Dec 31, 2018 · Payment Jan 15, 2019

Dividend

Ex-dividend Sep 27, 2018

$0.12

Quarterly

Record Sep 28, 2018 · Payment Oct 15, 2018

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ETFs holding AHT

Funds reporting this stock among their holdings, ordered by reported position size.

Arrow Dow Jones Global Yield ETF logoArrow Dow Jones Global Yield ETFGYLD
Market value
1.38M
Weight
0.27%
AUM
27.82M USD
Expense ratio
0.75%
Price / 1D
$14.5275+0.75%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
541.33K
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
195.39K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%

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