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Ashford Hospitality
(NYSE:AHT)
Ashford Hospitality (AHT) vs. SPDR S&P 500 ETF (SPY)
Ashford Hospitality Business Overview & Revenue Model
Ashford Hospitality Earnings Call Summary
Ashford Hospitality Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.15B | 1.17B | 1.37B | 1.24B | 805.41M | 508.24M |
| Gross Profit | 237.19M | 234.39M | 334.04M | 287.63M | 108.39M | -56.15M |
| EBITDA | 180.93M | 407.71M | 305.61M | 294.17M | 110.00M | -66.53M |
| Net Income | -151.83M | -60.30M | -178.49M | -141.06M | -271.05M | -633.22M |
Balance Sheet | ||||||
| Total Assets | 3.08B | 3.16B | 3.46B | 3.92B | 4.10B | 3.73B |
| Cash, Cash Equivalents and Short-Term Investments | 85.79M | 112.91M | 178.93M | 417.06M | 592.11M | 93.17M |
| Total Debt | 3.03B | 2.69B | 3.46B | 3.90B | 3.93B | 3.77B |
| Total Liabilities | 3.30B | 3.37B | 3.69B | 4.04B | 4.08B | 3.99B |
| Stockholders Equity | -250.08M | -247.70M | -261.14M | -148.34M | -2.65M | -283.62M |
Cash Flow | ||||||
| Free Cash Flow | -2.33M | -23.79M | 13.79M | -64.53M | -144.28M | -149.53M |
| Operating Cash Flow | -2.13M | -23.59M | 14.39M | 39.22M | -144.19M | -149.53M |
| Investing Cash Flow | 307.59M | 191.28M | -89.75M | -70.33M | -34.04M | -7.60M |
| Financing Cash Flow | -328.89M | -258.75M | -172.13M | -101.51M | 702.56M | -73.76M |
Ashford Hospitality Technical Analysis
Ashford Hospitality Risk Analysis
Ashford Hospitality Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $325.75M | 115.45 | 1.42% | 4.81% | 1.75% | ― | |
62 Neutral | AU$2.95B | 8.45 | 2.58% | 5.09% | 18.21% | 47.14% | |
55 Neutral | $139.46M | ― | -0.07% | 9.62% | -3.68% | 38.95% | |
54 Neutral | $35.70M | ― | 9.72% | ― | 3.82% | 18.62% | |
53 Neutral | $431.59M | ― | -33.91% | 1.54% | 0.78% | -128.16% | |
47 Neutral | $38.31M | ― | -25.85% | ― | -11.83% | -4186.83% | |
41 Neutral | $23.18M | ― | -25.86% | 1.03% | -0.89% | -702.65% |
Ashford Hospitality Corporate Events
On July 31, 2025, Ashford Hospitality Trust held an earnings conference call to discuss its second-quarter results, highlighting a 1.3% growth in total revenue and a 2.6% increase in Hotel EBITDA despite macroeconomic challenges. The company emphasized its ‘GRO AHT’ initiative, which aims to improve EBITDA by $50 million, and reported significant progress in cost-saving measures and capital structure improvements, including loan extensions and asset sales, to enhance cash flow and reduce leverage.
On July 30, 2025, Ashford Hospitality Trust announced the extension of its Highland mortgage loan, which is secured by 18 hotels. The loan’s maturity date has been extended from April 9, 2025, to January 9, 2026, with an option for a further six-month extension. This extension is strategic for Ashford, as it allows the company to capitalize on potential interest rate cuts and improved coverage metrics, enhancing its refinancing prospects. The loan was adjusted to a balance of $733.6 million, representing about 68% of the appraised value, and now carries a floating interest rate of SOFR + 4.13%.
Ashford Hospitality Trust reported its second quarter 2025 financial results, highlighting a decrease in RevPAR by 2.2% and a net loss of $39.9 million. Despite these challenges, the company saw a 1.3% growth in comparable total revenue and a 2.6% increase in Hotel EBITDA, attributed to its ‘GRO AHT’ initiative aimed at driving $50 million in annual run-rate EBITDA improvement. The company also announced the sale of the Hilton Houston NASA Clear Lake hotel for $27 million, which is expected to further enhance its financial position.
On July 11, 2025, Ashford Hospitality Trust announced that its Board of Directors declared dividends for several series of its preferred stocks for the third quarter ending September 30, 2025. These dividends, payable on October 15, 2025, reflect the company’s ongoing commitment to providing returns to its shareholders, impacting its financial operations and signaling stability to investors.
The most recent analyst rating on (AHT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Ashford Hospitality stock, see the AHT Stock Forecast page.
On May 20, 2025, J. Robison Hays, III resigned from the Board of Directors of Ashford Hospitality Trust, Inc., with no disagreements on company matters. Subsequently, on May 23, 2025, Stephen Zsigray, the CEO and President, was appointed to the Board, with no additional compensation or committee assignments, ensuring continuity in leadership.
The most recent analyst rating on (AHT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Ashford Hospitality stock, see the AHT Stock Forecast page.
On May 23, 2025, Ashford Hospitality Trust announced it has signed a definitive agreement to sell the 242-room Hilton Houston NASA Clear Lake for $27.0 million, with the sale expected to close in June 2025, pending normal closing conditions. This transaction is part of Ashford Trust’s strategy to deleverage its Morgan Stanley 17 Pool loan and achieve significant capital expenditure savings, aligning with its ‘GRO AHT’ initiative to transform the company through opportunistic sales.
The most recent analyst rating on (AHT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Ashford Hospitality stock, see the AHT Stock Forecast page.
On May 13, 2025, Ashford Hospitality Trust, Inc. held its Annual Meeting where shareholders voted on several key proposals. Despite not receiving a majority of votes, directors Monty J. Bennett and Frederick J. Kleisner were retained on the board due to their significant leadership and industry experience, as determined by the board. Additionally, the shareholders approved the company’s executive compensation, ratified the appointment of BDO USA, P.C. as independent auditors, and approved an amendment to the company’s Stock Incentive Plan.
The most recent analyst rating on (AHT) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Ashford Hospitality stock, see the AHT Stock Forecast page.
On May 7, 2025, Ashford Hospitality Trust held an earnings conference call to discuss its first-quarter results, highlighting a 3.2% growth in Comparable RevPAR and an 8.7% increase in Comparable Hotel EBITDA. The company emphasized the success of its GRO AHT initiative, which aims to drive $50 million in run-rate EBITDA improvement through property-level performance and corporate expense reductions. Recent strategic moves, including hotel conversions and refinancing, have improved Ashford’s capital structure, while the closure of a non-traded preferred stock offering raised $212 million. Despite a net loss of $27.8 million for the quarter, the company remains focused on further enhancing hotel performance and reducing corporate expenses.
Ashford Hospitality Trust reported its first quarter 2025 results, highlighting a 3.2% increase in RevPAR and an 8.7% growth in Comparable Hotel EBITDA compared to the previous year. The company completed significant financial maneuvers, including a $580 million refinancing of 16 hotels and the sale of the Courtyard Boston Downtown for $123 million, as part of its ‘GRO AHT’ initiative aimed at driving EBITDA growth and improving shareholder value.