Ashford Hospitality (AHT) AI Stock Analysis

• Market Cap: $37.35M
• Dividend Yield: N/A
• Average Volume (3M): 30.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.22
• Revenue Growth: -11.83%
• EPS Growth: -4186.83%
• Country: US
• Employees: 116
• Sector: Real Estate
• Sector Strength: 50
• Industry: REIT - Hotel & Motel
• EPS (TTM): -6.88
• Shares Outstanding: 6,132,193
• 10 Day Avg. Volume: 44,334
• 30 Day Avg. Volume: 30,746
• PEG Ratio: <0.01
• Price to Book (P/B): -0.14
• Price to Sales (P/S): 0.03
• P/FCF Ratio: -1.42
• Enterprise Value/Market Cap: 81.05
• Enterprise Value/Revenue: 2.64
• Enterprise Value/Gross Profit: 14.47
• Enterprise Value/Ebitda: 13.69
• 1Y Price Target: $6.00
• Price Target Upside: -1.48% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 44 Neutral
• Price Target: $6.00 ▼(-1.48% Downside)

Ashford Hospitality's overall stock score reflects significant financial challenges, with high leverage and negative equity being major concerns. While technical indicators and valuation metrics are weak, recent corporate events and strategic initiatives provide some positive momentum. The earnings call highlights both opportunities and ongoing challenges, resulting in a cautious outlook.

Ashford Hospitality Business Overview & Revenue Model

Company Description

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.

How the Company Makes Money

Ashford Hospitality generates revenue primarily through the ownership and operation of its hotel properties. The company earns income from room rentals, food and beverage sales, and ancillary services offered at its hotels. Key revenue streams include room occupancy rates, which are influenced by market demand, pricing strategies, and the overall economic climate. Additionally, the company may benefit from management and incentive fees if it operates hotels on behalf of third-party owners. Significant partnerships with major hotel brands help in driving customer traffic and enhancing the operational performance of its properties. Furthermore, Ashford Hospitality may engage in strategic capital improvements and repositioning of assets to increase their value and revenue potential.

Ashford Hospitality Financial Statement Overview

Summary

Ashford Hospitality faces significant financial challenges. The income statement shows declining revenue and persistent losses with a net profit margin of -13.3%. The balance sheet reveals high leverage and negative equity, posing substantial financial risk. While there is some improvement in free cash flow, overall cash flow generation remains weak. These factors contribute to a low financial performance score.

Income Statement

The income statement reveals a challenging financial environment for Ashford Hospitality. The TTM (Trailing-Twelve-Months) shows a gross profit margin of 20.7% and a net profit margin of -13.3%, indicating profitability issues. Revenue has decreased from the previous year, reflecting a negative growth trend. The EBIT margin is low at 5.3%, and the EBITDA margin is 19.9%, showing some operational efficiency but not enough to offset net losses. Overall, the company struggles with profitability and revenue growth.

Balance Sheet

The balance sheet highlights significant financial risk. The debt-to-equity ratio is negative due to negative stockholders' equity, indicating high leverage and financial instability. Return on equity is not meaningful due to negative equity. The equity ratio is also negative, underscoring the company's weak financial position. The high level of debt compared to assets and equity poses a substantial risk.

Cash Flow

Cash flow analysis shows mixed results. The operating cash flow to net income ratio is negative, indicating cash flow issues. However, free cash flow has improved to $62.7 million, suggesting better cash management. The free cash flow to net income ratio is negative, reflecting ongoing profitability challenges. Overall, while there is some improvement in free cash flow, cash flow generation remains weak.

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	209.16M	234.39M	334.04M	287.63M	108.39M	-56.15M
EBITDA	221.07M	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	3.02B	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	31.80M	-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

• Technical Analysis Sentiment: Negative
• Last Price: 6.09
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AHT, the sentiment is Negative. The current price of 6.09 is below the 20-day moving average (MA) of 6.23, below the 50-day MA of 6.36, and below the 200-day MA of 7.19, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 42.42 is Neutral, neither overbought nor oversold. The STOCH value of 40.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AHT.

Ashford Hospitality Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$7.00B	13.54	-0.52%	7.07%	3.61%	-22.78%
CLDT	61 Neutral	$372.24M	288.68	1.22%	4.18%	-0.87%	―
BHR	60 Neutral	$153.49M	―	-0.07%	8.89%	-3.68%	38.92%
SOHO	54 Neutral	$29.08M	―	3.37%	―	1.78%	-33.00%
SVC	49 Neutral	$448.25M	―	-32.60%	1.49%	-0.23%	-38.68%
IHT	48 Neutral	$21.87M	―	-25.86%	1.09%	-0.89%	-702.65%
AHT	44 Neutral	$37.35M	―	-25.85%	―	-11.83%	-4186.83%

Ashford Hospitality Corporate Events

Ashford Hospitality Sells Non-Core Assets for $33 Million

On August 22, 2025, Ashford Hospitality Trust completed the sale of the Hilton Houston NASA Clear Lake hotel in Houston, Texas, and the Residence Inn Evansville East in Evansville, Indiana, for a total of $33 million. These transactions are part of the company’s strategy to enhance shareholder value by selling non-core assets, which has helped deleverage their platform and improve cash flow after debt service.

Ashford Hospitality Reports Q2 Growth Amid Challenges

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.

Ashford Hospitality Extends Highland Mortgage Loan

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 Sells Hilton Houston Hotel for $27M

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.

Ashford Hospitality Declares Q3 Preferred Stock Dividends

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.