Symbols / AHT Stock $3.05 -0.65% Ashford Hospitality Trust, Inc.

Real Estate • REIT - Hotel & Motel • United States • NYQ
AHT (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Real Estate
Industry REIT - Hotel & Motel
CEO Mr. Stephen Zsigray
Exch · Country NYQ · United States
Market Cap 20.44M
Enterprise Value 2.80B
Income -258.33M
Sales 1.09B
FCF (ttm) —
Book/sh -107.34
Cash/sh 12.05
Employees —
Insider 10d —
IPO Aug 26, 2003
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -0.24
PEG 0.86
P/S 0.02
P/B -0.03
P/C —
EV/EBITDA 13.91
EV/Sales 2.56
Quick Ratio 1.19
Current Ratio 1.84
Debt/Eq —
LT Debt/Eq —
EPS (ttm) -42.11
EPS next Y -12.80
EPS Growth —
Revenue Growth -3.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-07-30
Earnings (prior) 2026-05-11
ROA 1.39%
ROE —
ROIC —
Gross Margin 20.83%
Oper. Margin 6.75%
Profit Margin -20.43%
Shs Outstand 6.48M
Shs Float 5.99M
Insider Own 1.17%
Instit Own 15.92%
Short Float 0.05%
Short Ratio 0.14
Short Interest 2.94K
52W High 7.55
vs 52W High -59.60%
52W Low 2.50
vs 52W Low 22.00%
Beta —
Impl. Vol. —
Rel Volume 1.19
Avg Volume 28.09K
Volume 33.45K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $3.07
Price $3.05
Change -0.65%
About

Ashford Hospitality Trust, Inc., together with its subsidiaries, is a real estate investment trust. While our portfolio currently consists of upscale hotels and upper upscale full-service hotels, our investment strategy is predominantly focused on investing in upper upscale full-service hotels in the United States that have revenue per available room generally less than twice the U.S. national average, and in all methods including direct real estate, equity and debt. We currently anticipate future investments will predominantly be in upper upscale hotels. We own our lodging investments and conduct our business through Ashford Hospitality Limited Partnership, our operating partnership. Ashford OP General Partner LLC, a wholly owned subsidiary of Ashford Trust, serves as the sole general partner of our operating partnership. Ashford Hospitality Trust, Inc. was established on May 15th, 2003 and incorporated in Maryland.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$3.05
Latest analyst target
3. DCF / Fair value
—
Simplified FCF or EPS-based estimate
Ratings
Current target
$3.05
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-11-22 main B. Riley Securities Neutral → Neutral $3
2023-03-13 main B. Riley Securities — → Neutral $7
2022-10-25 main Deutsche Bank — → Buy $28
2022-08-22 main Deutsche Bank — → Buy $32
2022-08-15 main B. Riley Securities — → Neutral $12
2022-04-22 init Oppenheimer — → Perform $10
2022-03-07 main B. Riley Securities — → Neutral $11
News
RSS: Latest AHT news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-24 EUBANKS DERIC S. Chief Financial Officer — 836 — —
2025-02-28 ROSE ALEX General Counsel — 2,337 — —
2024-10-18 ZSIGRAY STEPHEN Chief Executive Officer — 509,000 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,104.39
-5.81%
1,172.46
-14.26%
1,367.53
+10.21%
1,240.86
Operating Revenue
1,102.85
-5.75%
1,170.13
-14.26%
1,364.73
+10.24%
1,237.97
Cost Of Revenue
877.10
-6.50%
938.07
-10.20%
1,044.59
+9.58%
953.23
Reconciled Cost Of Revenue
878.25
-6.39%
938.22
-10.19%
1,044.68
+9.61%
953.13
Gross Profit
227.29
-3.03%
234.39
-27.42%
322.94
+12.28%
287.63
Operating Expense
162.08
-8.66%
177.44
-13.02%
203.99
-3.63%
211.68
Selling General And Administration
20.78
-15.73%
24.66
+52.41%
16.18
+63.79%
9.88
General And Administrative Expense
20.78
-15.73%
24.66
+52.41%
16.18
+63.79%
9.88
Other Gand A
20.78
-15.73%
24.66
+52.41%
16.18
+63.79%
9.88
Total Expenses
1,039.18
-6.84%
1,115.50
-10.66%
1,248.58
+7.18%
1,164.90
Operating Income
65.21
+14.49%
56.96
-52.12%
118.95
+56.61%
75.95
Total Operating Income As Reported
116.42
-55.09%
259.21
+98.71%
130.44
+71.06%
76.25
EBITDA
248.26
-39.11%
407.71
+8.98%
374.12
+27.18%
294.17
Normalized EBITDA
210.92
-1.63%
214.41
-31.91%
314.92
+11.58%
282.24
Reconciled Depreciation
140.15
-8.17%
152.62
-18.70%
187.71
-7.03%
201.90
EBIT
106.97
-58.04%
254.94
+36.83%
186.31
+101.92%
92.27
Total Unusual Items
37.34
-80.68%
193.30
+226.49%
59.20
+396.27%
11.93
Total Unusual Items Excluding Goodwill
37.34
-80.68%
193.30
+226.49%
59.20
+396.27%
11.93
Special Income Charges
42.69
-78.63%
199.78
+225.35%
61.41
+1997.56%
-3.24
Other Special Charges
8.52
+244.72%
2.47
+104.95%
-49.92
-1511.68%
3.54
Impairment Of Capital Assets
67.65
+14.02%
59.33
0.00
0.00
Write Off
—
59.33
0.00
0.00
Net Income
-179.84
-198.24%
-60.30
+66.22%
-178.49
-27.65%
-139.82
Pretax Income
-188.30
-194.16%
-64.01
+64.40%
-179.83
-33.49%
-134.72
Net Non Operating Interest Income Expense
-290.53
+6.88%
-312.01
+12.64%
-357.17
-60.73%
-222.22
Interest Expense Non Operating
295.27
-7.43%
318.95
-12.89%
366.15
+61.30%
227.00
Net Interest Income
-290.53
+6.88%
-312.01
+12.64%
-357.17
-60.73%
-222.22
Interest Expense
295.27
-7.43%
318.95
-12.89%
366.15
+61.30%
227.00
Interest Income Non Operating
4.74
-31.73%
6.94
-22.68%
8.98
+87.94%
4.78
Interest Income
4.74
-31.73%
6.94
-22.68%
8.98
+87.94%
4.78
Other Income Expense
37.02
-80.62%
191.04
+227.23%
58.38
+405.86%
11.54
Other Non Operating Income Expenses
—
0.11
-65.16%
0.31
-25.30%
0.41
Gain On Sale Of Security
-5.35
+17.50%
-6.48
-194.55%
-2.20
-114.51%
15.17
Tax Provision
-0.14
-114.34%
1.00
+10.78%
0.90
-85.80%
6.34
Tax Rate For Calcs
0.00
-99.62%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.03
-99.93%
40.59
+226.49%
12.43
+396.27%
2.51
Net Income Including Noncontrolling Interests
-188.16
-189.43%
-65.01
+64.03%
-180.73
-28.13%
-141.06
Net Income From Continuing Operation Net Minority Interest
-179.84
-198.24%
-60.30
+66.22%
-178.49
-27.65%
-139.82
Net Income From Continuing And Discontinued Operation
-179.84
-198.24%
-60.30
+66.22%
-178.49
-27.65%
-139.82
Net Income Continuous Operations
-188.16
-189.43%
-65.01
+64.03%
-180.73
-28.13%
-141.06
Minority Interests
8.32
+76.61%
4.71
+109.84%
2.25
+82.08%
1.23
Normalized Income
-217.15
-1.94%
-213.01
+5.44%
-225.26
-50.93%
-149.25
Net Income Common Stockholders
-215.00
-160.54%
-82.52
+57.40%
-193.69
-26.43%
-153.20
Otherunder Preferred Stock Dividend
0.00
+100.00%
-3.37
+0.59%
-3.39
0.00
Diluted EPS
-35.99
-105.19%
-17.54
+68.73%
-56.10
-25.78%
-44.60
Basic EPS
-35.99
-105.19%
-17.54
+68.73%
-56.10
-25.78%
-44.60
Basic Average Shares
5.97
+26.94%
4.71
+36.31%
3.45
+0.54%
3.43
Diluted Average Shares
5.97
+26.94%
4.71
+36.31%
3.45
+0.54%
3.43
Diluted NI Availto Com Stockholders
-215.00
-160.54%
-82.52
+57.40%
-193.69
-26.43%
-153.20
Average Dilution Earnings
—
—
0.00
0.00
Depreciation Amortization Depletion Income Statement
141.29
-7.51%
152.78
-18.65%
187.81
-6.93%
201.80
Depreciation And Amortization In Income Statement
141.29
-7.51%
152.78
-18.65%
187.81
-6.93%
201.80
Earnings From Equity Interest
-0.33
+86.29%
-2.37
-108.99%
-1.13
-41.04%
-0.80
Gain On Sale Of PPE
118.85
-54.56%
261.58
+2177.01%
11.49
+3729.33%
0.30
Preferred Stock Dividends
35.16
+37.41%
25.59
+37.64%
18.59
+38.98%
13.38
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
2,833.63
-10.36%
3,160.99
-8.70%
3,462.28
-11.62%
3,917.38
Current Assets
663.54
-11.16%
746.88
+80.09%
414.73
-37.47%
663.25
Cash Cash Equivalents And Short Term Investments
66.14
-41.42%
112.91
-31.67%
165.23
-60.38%
417.06
Cash And Cash Equivalents
66.14
-41.42%
112.91
-31.67%
165.23
-60.38%
417.06
Receivables
425.74
-1.91%
434.02
+482.16%
74.55
-11.65%
84.39
Accounts Receivable
32.75
-7.95%
35.58
-21.84%
45.52
-8.61%
49.81
Gross Accounts Receivable
33.18
-7.88%
36.01
-22.94%
46.73
-7.11%
50.31
Allowance For Doubtful Accounts Receivable
-0.42
+2.53%
-0.43
+64.17%
-1.21
-142.32%
-0.50
Other Receivables
380.81
-1.82%
387.88
+1690.42%
21.66
-3.55%
22.46
Inventory
3.60
-0.91%
3.63
-1.30%
3.68
-4.59%
3.86
Prepaid Assets
—
11.67
-8.89%
12.81
-19.87%
15.98
Restricted Cash
149.58
+50.04%
99.69
-31.75%
146.08
+2.90%
141.96
Assets Held For Sale Current
18.48
-80.88%
96.63
+680.33%
12.38
0.00
Total Non Current Assets
2,170.09
-10.11%
2,414.10
-20.79%
3,047.55
-6.35%
3,254.12
Net PPE
43.58
-0.45%
43.78
-0.61%
44.05
+0.29%
43.92
Gross PPE
43.58
-0.45%
43.78
-0.61%
44.05
+0.29%
43.92
Other Properties
43.58
-0.45%
43.78
-0.61%
44.05
+0.29%
43.92
Goodwill And Other Intangible Assets
—
0.80
+0.00%
0.80
+0.00%
0.80
Other Intangible Assets
—
—
—
0.80
Investments And Advances
7.26
-4.28%
7.59
-23.80%
9.96
-49.12%
19.58
Long Term Equity Investment
7.26
-4.28%
7.59
-23.80%
9.96
-49.12%
19.58
Non Current Deferred Assets
1.53
-14.49%
1.79
-1.11%
1.81
-32.16%
2.67
Other Non Current Assets
32.06
-18.10%
39.14
+54.66%
25.31
+16.88%
21.65
Total Liabilities Net Minority Interest
3,206.87
-4.92%
3,372.77
-8.51%
3,686.56
-8.84%
4,044.17
Current Liabilities
309.12
-7.02%
332.47
+70.60%
194.88
+43.62%
135.69
Payables And Accrued Expenses
267.82
+14.78%
233.33
+29.47%
180.23
+32.82%
135.69
Payables
171.49
+0.24%
171.09
+11.66%
153.22
+27.25%
120.41
Accounts Payable
123.77
-9.99%
137.51
+6.33%
129.32
+11.51%
115.97
Other Payable
0.88
-22.97%
1.15
-4.02%
1.19
-9.55%
1.32
Dividends Payable
4.25
+7.46%
3.95
+10.82%
3.57
+14.37%
3.12
Current Accrued Expenses
96.33
+54.77%
62.24
+130.45%
27.01
+76.68%
15.29
Other Current Liabilities
41.29
-58.35%
99.14
+576.58%
14.65
—
Total Non Current Liabilities Net Minority Interest
2,897.76
-4.69%
3,040.30
-12.93%
3,491.68
-10.66%
3,908.47
Long Term Debt And Capital Lease Obligation
2,588.19
-3.84%
2,691.65
-13.29%
3,104.18
-20.45%
3,902.05
Long Term Debt
2,526.61
-3.91%
2,629.29
-13.54%
3,040.95
-20.78%
3,838.54
Long Term Capital Lease Obligation
61.58
-1.25%
62.36
-1.38%
63.23
-0.43%
63.51
Other Non Current Liabilities
309.57
-11.21%
348.65
-10.02%
387.49
+5932.91%
6.42
Stockholders Equity
-409.27
-65.23%
-247.70
+5.15%
-261.14
-76.04%
-148.34
Common Stock Equity
-626.41
-49.40%
-419.29
-21.20%
-345.96
-129.95%
-150.45
Capital Stock
217.21
+26.54%
171.65
+102.29%
84.86
+3352.28%
2.46
Common Stock
0.07
+16.07%
0.06
+51.35%
0.04
-89.28%
0.34
Preferred Stock
217.14
+26.54%
171.60
+102.31%
84.82
+3914.20%
2.11
Share Issued
6.48
+14.89%
5.64
+50.62%
3.74
+8.48%
3.45
Ordinary Shares Number
6.48
+14.89%
5.64
+50.62%
3.74
+8.48%
3.45
Additional Paid In Capital
2,402.01
+0.40%
2,392.52
+0.39%
2,383.31
+0.00%
2,383.24
Retained Earnings
-3,028.49
-7.70%
-2,811.87
-3.02%
-2,729.31
-7.71%
-2,534.04
Minority Interest
36.03
+0.32%
35.91
-2.59%
36.87
+71.07%
21.55
Total Equity Gross Minority Interest
-373.24
-76.24%
-211.79
+5.57%
-224.28
-76.89%
-126.79
Total Capitalization
2,117.34
-11.10%
2,381.59
-14.33%
2,779.81
-24.67%
3,690.20
Working Capital
354.43
-14.47%
414.41
+88.50%
219.85
-58.33%
527.56
Invested Capital
1,900.20
-14.02%
2,209.99
-18.00%
2,694.99
-26.93%
3,688.09
Total Debt
2,588.19
-3.84%
2,691.65
-13.29%
3,104.18
-20.45%
3,902.05
Net Debt
2,460.46
-2.22%
2,516.38
-12.50%
2,875.72
-15.95%
3,421.48
Capital Lease Obligations
61.58
-1.25%
62.36
-1.38%
63.23
-0.43%
63.51
Net Tangible Assets
-409.27
-65.23%
-247.70
+5.44%
-261.94
-75.64%
-149.14
Tangible Book Value
-626.41
-49.40%
-419.29
-20.92%
-346.76
-129.26%
-151.25
Duefrom Related Parties Current
—
—
0.00
-100.00%
7.06
Dueto Related Parties Current
42.59
+49.52%
28.48
+48.86%
19.14
0.00
Financial Assets
0.41
-84.19%
2.59
-81.06%
13.70
-70.97%
47.18
Interest Payable
96.33
+54.77%
62.24
+130.45%
27.01
+76.68%
15.29
Investment Properties
2,085.24
-10.09%
2,319.21
-21.43%
2,951.93
-5.34%
3,118.33
Notes Receivable
12.19
+15.35%
10.56
+43.37%
7.37
+45.57%
5.06
Preferred Shares Number
5.69
+0.00%
5.69
-8.18%
6.20
-4.91%
6.52
Preferred Stock Equity
217.14
+26.54%
171.60
+102.31%
84.82
+3914.20%
2.11
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-15.67
+33.59%
-23.59
-263.95%
14.39
-63.31%
39.22
Cash Flow From Continuing Operating Activities
-15.67
+33.59%
-23.59
-263.95%
14.39
-63.31%
39.22
Net Income From Continuing Operations
-188.16
-189.43%
-65.01
+64.03%
-180.73
-28.13%
-141.06
Depreciation Amortization Depletion
140.15
-8.17%
152.62
-18.70%
187.71
-7.03%
201.90
Depreciation
141.29
-7.51%
152.78
-18.65%
187.81
-6.93%
201.80
Amortization Cash Flow
-1.15
-626.58%
-0.16
-66.32%
-0.10
-194.06%
0.10
Depreciation And Amortization
140.15
-8.17%
152.62
-18.70%
187.71
-7.03%
201.90
Amortization Of Intangibles
-1.15
-626.58%
-0.16
-66.32%
-0.10
-194.06%
0.10
Other Non Cash Items
-58.87
+23.13%
-76.58
-606.90%
15.11
+69.83%
8.90
Stock Based Compensation
-0.76
-136.29%
2.10
-47.93%
4.03
-32.86%
6.00
Asset Impairment Charge
69.75
+13.25%
61.59
+1600.30%
3.62
+8.51%
3.34
Deferred Tax
-0.24
-2300.00%
0.01
+139.29%
-0.03
+47.17%
-0.05
Deferred Income Tax
-0.24
-2300.00%
0.01
+139.29%
-0.03
+47.17%
-0.05
Operating Gains Losses
-33.72
+79.07%
-161.10
-221.87%
-50.05
-248.50%
-14.36
Gain Loss On Investment Securities
5.35
-17.50%
6.48
+194.55%
2.20
+114.51%
-15.17
Change In Working Capital
56.19
-10.51%
62.79
+80.77%
34.73
+236.57%
-25.43
Change In Receivables
0.54
-67.28%
1.64
+122.39%
-7.33
+54.77%
-16.21
Changes In Account Receivables
0.54
-67.28%
1.64
+122.39%
-7.33
+54.77%
-16.21
Change In Prepaid Assets
7.18
+519.19%
-1.71
-4.00%
-1.65
+78.03%
-7.50
Change In Payables And Accrued Expense
42.14
-18.67%
51.81
+181.92%
18.38
+494.74%
-4.66
Change In Accrued Expense
39.04
-8.17%
42.51
+203.12%
14.02
0.00
Change In Payable
3.10
-66.65%
9.30
+113.66%
4.36
+193.54%
-4.66
Change In Account Payable
3.10
-66.65%
9.30
+113.66%
4.36
+193.54%
-4.66
Change In Other Working Capital
3.29
-64.56%
9.29
-63.37%
25.35
+771.07%
2.91
Change In Other Current Assets
0.32
-17.05%
0.39
+448.65%
-0.11
-123.47%
0.47
Change In Other Current Liabilities
2.71
+96.95%
1.38
+1320.62%
0.10
+121.46%
-0.45
Investing Cash Flow
190.76
-0.28%
191.28
+313.12%
-89.75
-27.61%
-70.33
Cash Flow From Continuing Investing Activities
190.76
-0.28%
191.28
+313.12%
-89.75
-27.61%
-70.33
Capital Expenditure
—
-0.20
+66.61%
-0.60
—
Net Business Purchase And Sale
—
0.00
0.00
+100.00%
-9.13
Purchase Of Business
—
0.00
0.00
+100.00%
-9.13
Gain Loss On Sale Of Business
—
-94.41
-721.78%
-11.49
-3729.33%
-0.30
Net Intangibles Purchase And Sale
0.00
+100.00%
-0.20
+66.61%
-0.60
0.00
Purchase Of Intangibles
0.00
+100.00%
-0.20
+66.61%
-0.60
0.00
Net Other Investing Changes
261.91
-12.55%
299.50
+520.40%
48.27
+13.47%
42.54
Financing Cash Flow
-179.17
+30.76%
-258.75
-50.32%
-172.13
-69.57%
-101.51
Cash Flow From Continuing Financing Activities
-179.17
+30.76%
-258.75
-50.32%
-172.13
-69.57%
-101.51
Net Issuance Payments Of Debt
-149.22
+54.09%
-325.02
-23.87%
-262.39
-431.69%
-49.35
Issuance Of Debt
560.41
+778.48%
63.79
-52.68%
134.80
+8591.30%
1.55
Repayment Of Debt
-709.63
-82.51%
-388.82
+2.11%
-397.20
-680.32%
-50.90
Long Term Debt Issuance
560.41
+778.48%
63.79
-52.68%
134.80
+8591.30%
1.55
Long Term Debt Payments
-709.63
-82.51%
-388.82
+2.11%
-397.20
-680.32%
-50.90
Net Long Term Debt Issuance
-149.22
+54.09%
-325.02
-23.87%
-262.39
-431.69%
-49.35
Net Common Stock Issuance
0.01
-99.86%
8.86
+841.87%
0.94
+397.78%
-0.32
Common Stock Payments
-0.04
+10.20%
-0.05
+45.56%
-0.09
+71.52%
-0.32
Cash Dividends Paid
-23.96
-17.64%
-20.36
-36.28%
-14.94
-20.33%
-12.42
Repurchase Of Capital Stock
-0.04
+10.20%
-0.05
+70.83%
-0.17
+46.84%
-0.32
Net Other Financing Charges
-45.71
-546.68%
-7.07
-128.52%
24.78
+161.12%
-40.55
Changes In Cash
-4.08
+95.52%
-91.06
+63.21%
-247.49
-86.62%
-132.62
Beginning Cash Position
220.47
-29.23%
311.53
-44.27%
559.03
-19.17%
691.64
End Cash Position
216.40
-1.85%
220.47
-29.23%
311.53
-44.27%
559.03
Free Cash Flow
-15.67
+34.15%
-23.79
-272.52%
13.79
-64.84%
39.22
Interest Paid Supplemental Data
224.30
-16.55%
268.78
-17.41%
325.42
+49.26%
218.02
Income Tax Paid Supplemental Data
—
—
—
11.70
Change In Interest Payable
39.04
-8.17%
42.51
+203.12%
14.02
0.00
Common Stock Issuance
0.06
-99.37%
8.91
+764.40%
1.03
0.00
Earnings Losses From Equity Investments
0.33
-86.29%
2.37
+108.99%
1.13
+41.04%
0.80
Issuance Of Capital Stock
39.76
-57.59%
93.75
+16.33%
80.59
+7083.16%
1.12
Net Investment Properties Purchase And Sale
-71.15
+34.13%
-108.01
+21.40%
-137.43
-32.46%
-103.75
Net Preferred Stock Issuance
39.71
-53.20%
84.84
+6.74%
79.49
+6984.31%
1.12
Preferred Stock Issuance
39.71
-53.20%
84.84
+6.63%
79.56
+6991.27%
1.12
Preferred Stock Payments
0.00
0.00
+100.00%
-0.08
0.00
Purchase Of Investment Properties
-71.15
+34.13%
-108.01
+21.40%
-137.43
-32.46%
-103.75
Sale Of Business
—
—
—
—
Sale Of Intangibles
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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