Ashford Hospitality (AHT) AI Stock Analysis

• Market Cap: $26.99M
• Dividend Yield: N/A
• Average Volume (3M): 316.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: -7.89%
• EPS Growth: -833.99%
• Country: US
• Employees: 116
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Hotel & Motel
• EPS (TTM): -11.35
• Shares Outstanding: 6,411,532
• 10 Day Avg. Volume: 826,525
• 30 Day Avg. Volume: 316,063
• 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: 111.58
• Enterprise Value/Revenue: 2.66
• Enterprise Value/Gross Profit: 13.12
• Enterprise Value/Ebitda: 14.18
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): -35.37
• Revenue Forecast (FY): $1.12B

• Rating: 41 Neutral
• Price Target: $4.50 ▲(24.65% Upside)

Ashford Hospitality's overall stock score is primarily impacted by its poor financial performance, characterized by high leverage and negative profitability. Technical analysis and valuation also contribute to a lower score, with bearish trends and unattractive valuation metrics. While corporate events indicate strategic efforts to improve financial health, these are not enough to offset the significant financial challenges.

Positive Factors

Strategic Asset Sales

Selling non-core assets to reduce debt and improve liquidity can enhance long-term financial stability and operational focus.

Refinancing Initiatives

Refinancing at lower rates reduces interest expenses, improving cash flow and financial flexibility, supporting sustainable operations.

EBITDA Growth

Positive EBITDA growth amid challenges indicates effective cost management and operational efficiency, enhancing profitability prospects.

Negative Factors

High Leverage

Excessive leverage limits financial flexibility and increases risk, potentially impacting long-term solvency and investment capacity.

Negative Profitability

Sustained negative profitability signals operational inefficiencies, posing challenges to achieving sustainable growth and shareholder returns.

Declining Revenue

Declining revenue suggests weakening market position and demand, challenging the company's ability to maintain competitive advantage.

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 Trust generates revenue primarily through the ownership and leasing of hotel properties. The company's main revenue streams include rental income from its hotels, which are often managed by third-party hotel management companies, as well as potential profits from property sales. AHT may also earn revenue through management fees from properties it operates and through performance-based incentives linked to the operational success of its hotel assets. Additionally, the company benefits from partnerships with recognized hotel brands, which can enhance occupancy rates and revenue per available room (RevPAR), contributing to its overall profitability.

Ashford Hospitality Financial Statement Overview

Summary

Ashford Hospitality faces significant financial challenges, with declining revenues, high leverage, and negative profitability. Despite some positive cash flow improvements, the overall financial health is concerning, with high risks associated with its leverage and negative equity position.

Income Statement

Ashford Hospitality's income statement reveals significant challenges. The company has experienced declining revenue with a negative revenue growth rate of -1.26% TTM, and net profit margins remain deeply negative at -20.55% TTM. Despite a positive EBITDA margin of 19.63% TTM, the overall profitability is hindered by substantial net losses, indicating operational inefficiencies and potential difficulties in cost management.

Balance Sheet

The balance sheet of Ashford Hospitality shows a precarious financial position. The company has a negative stockholders' equity, resulting in an alarming debt-to-equity ratio of -10.72 TTM, which indicates high leverage and financial instability. Return on equity is positive at 101.79% TTM, but this is due to the negative equity base, which is not a sustainable financial position.

Cash Flow

The cash flow statement indicates some improvement, with a positive free cash flow growth rate of 26.56% TTM. However, the operating cash flow to net income ratio is extremely low at 0.61% TTM, suggesting that the company struggles to convert its earnings into cash. The free cash flow to net income ratio is high at 644.02% TTM, but this is due to the negative net income, which distorts the ratio.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.13B	1.17B	1.37B	1.24B	805.41M	508.24M
Gross Profit	229.51M	234.39M	322.94M	287.63M	108.39M	-56.15M
EBITDA	212.44M	407.71M	374.12M	294.17M	110.00M	-134.41M
Net Income	-232.48M	-60.30M	-178.49M	-139.82M	-267.00M	-543.88M
Balance Sheet
Total Assets	3.06B	3.16B	3.46B	3.92B	4.10B	3.73B
Cash, Cash Equivalents and Short-Term Investments	99.97M	112.91M	165.23M	417.06M	592.11M	93.17M
Total Debt	3.01B	2.69B	3.10B	3.90B	3.93B	3.77B
Total Liabilities	3.31B	3.37B	3.69B	4.04B	4.08B	3.99B
Stockholders Equity	-282.27M	-247.70M	-261.14M	-148.34M	-2.65M	-283.62M
Cash Flow
Free Cash Flow	40.24M	-23.79M	13.79M	-64.53M	-144.28M	-149.53M
Operating Cash Flow	6.25M	-23.59M	14.39M	39.22M	-144.19M	-149.53M
Investing Cash Flow	63.77M	191.28M	-89.75M	-70.33M	-34.04M	-7.60M
Financing Cash Flow	-60.44M	-258.75M	-172.13M	-101.51M	702.56M	-73.76M

Ashford Hospitality Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.61
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AHT, the sentiment is Neutral. The current price of 3.61 is above the 20-day moving average (MA) of 3.57, below the 50-day MA of 4.44, and below the 200-day MA of 5.89, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 55.60 is Neutral, neither overbought nor oversold. The STOCH value of 85.54 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AHT.

Ashford Hospitality Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CLDT	59 Neutral	$335.25M	622.52	1.13%	5.00%	-3.79%	―
BHR	53 Neutral	$181.46M	―	-1.09%	7.46%	-2.84%	-11.92%
SOHO	47 Neutral	$44.50M	-6.54	-0.68%	―	-0.57%	-24.28%
SVC	42 Neutral	$319.36M	―	-35.25%	2.11%	-0.56%	-14.18%
IHT	42 Neutral	$15.45M	-8.28	-28.89%	1.43%	-2.96%	-154.58%
AHT	41 Neutral	$26.99M	―	―	―	-7.89%	-833.99%

Ashford Hospitality Corporate Events

Ashford Hospitality Explores Strategic Alternatives for Growth

On December 9, 2025, Ashford Hospitality Trust announced the formation of a Special Committee to explore strategic alternatives aimed at maximizing shareholder value, including potential transactions. The company has also terminated the primary offering of its Series L and M Redeemable Preferred Stock and suspended redemptions for all outstanding non-traded preferred stock, reflecting a proactive approach to address the discrepancy between the market value of its common stock and the value of its portfolio.

Ashford Hospitality Announces Sale of Three Hotel Properties

On November 20, 2025, Ashford Hospitality Trust announced definitive agreements to sell three hotel properties: Le Pavillon in New Orleans, Embassy Suites by Hilton Austin Arboretum, and Embassy Suites by Hilton Houston Near the Galleria. The sales, expected to generate approximately $69.5 million, are part of a strategic plan to deleverage the company and improve cash flow and liquidity. The proceeds will primarily be used to retire mortgage debt, enhancing cash flow after debt service and eliminating future capital expenditure obligations, which positions the company for sustained value creation.

Ashford Hospitality Reports Q3 Growth Amid Challenges

On November 5, 2025, Ashford Hospitality Trust held a conference call to discuss its third-quarter financial results, highlighting a 2.0% growth in Comparable Hotel EBITDA despite industry-wide challenges. The company continues to benefit from strategic initiatives like GRO AHT, which aims to improve EBITDA by $50 million, and has made significant progress in refinancing and asset sales, expecting to enhance cash flow and reduce capital expenditures.

Ashford Hospitality Reports Q3 2025 Financial Results

Ashford Hospitality Trust reported its third quarter 2025 financial results, highlighting a 1.5% decrease in Comparable RevPAR and a net loss of $69 million. Despite these challenges, the company achieved a 2% growth in Comparable Hotel EBITDA and continued its strategic initiative ‘GRO AHT’ to enhance shareholder value. During the quarter, Ashford Trust extended its Highland mortgage loan and completed the sale of several properties, including the Residence Inn San Diego Sorrento Mesa, as part of its strategy to deleverage its portfolio. The company did not declare a dividend on its common stock for the quarter, but paid dividends on its preferred stock.

Ashford Hospitality Completes Sale of San Diego Hotel

On October 15, 2025, Ashford Hospitality Trust, Inc. completed the sale of the 150-room Residence Inn San Diego Sorrento Mesa hotel for approximately $41.4 million in cash, net of selling expenses. This transaction allowed the company to allocate funds towards loan repayment and reserves, impacting its financial structure and potentially its future operational strategies.

Ashford Hospitality Declares Q4 2025 Preferred Dividends

On October 14, 2025, Ashford Hospitality Trust, Inc. announced that its Board of Directors declared fourth quarter 2025 dividends for various series of its cumulative and redeemable preferred stock. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders, which may impact its financial stability and attractiveness to investors.

Ashford Hospitality Refinances Nashville Hotel Loan

On September 15, 2025, Ashford Hospitality Trust, Inc. announced the successful refinancing of the mortgage loan for the Renaissance Hotel in Nashville, Tennessee. The new loan, amounting to $218.1 million, features a lower interest rate and extended maturity options compared to the previous loan, potentially improving the company’s financial flexibility and reducing costs.

Ashford Hospitality Announces Sale of San Diego Hotel

On September 11, 2025, Ashford Hospitality Trust announced its agreement to sell the 150-room Residence Inn San Diego Sorrento Mesa for $42 million, with the transaction expected to close in October 2025. This sale aligns with the company’s strategy to deleverage its portfolio and enhance financial flexibility, reflecting a capitalization rate of 5.7% on net operating income after anticipated capital expenditures.