Ashford Hospitality Prime, Inc. (AHP) Scheduled to Post Earnings on Tuesday

Ashford Hospitality Prime, Inc. (NYSE:AHP) is set to post its quarterly earnings results after the market closes on Tuesday, October 31st.

Shares of Ashford Hospitality Prime, Inc. (NYSE AHP) opened at 9.90 on Friday. The stock has a 50 day moving average of $9.88 and a 200 day moving average of $10.08. Ashford Hospitality Prime, Inc. has a 52-week low of $9.02 and a 52-week high of $14.87. The company has a market cap of $311.53 million, a P/E ratio of 25.65 and a beta of 1.17.

The business also recently declared a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Saturday, September 30th were issued a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 6.46%. The ex-dividend date was Thursday, September 28th. Ashford Hospitality Prime’s dividend payout ratio (DPR) is presently 177.78%.

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A number of analysts have weighed in on AHP shares. Zacks Investment Research raised shares of Ashford Hospitality Prime from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a report on Wednesday, July 5th. BidaskClub downgraded shares of Ashford Hospitality Prime from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. ValuEngine downgraded shares of Ashford Hospitality Prime from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Robert W. Baird reissued a “hold” rating and issued a $11.00 price target on shares of Ashford Hospitality Prime in a report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $13.17.

Ashford Hospitality Prime Company Profile

Ashford Hospitality Prime, Inc invests in high revenue per available room (RevPAR), luxury hotels and resorts. The Company conducts its business and owns all of its assets through its operating partnership, Ashford Hospitality Prime Limited Partnership (Ashford Prime OP). The Company operates in the direct hotel investment segment of the hotel lodging industry.

Earnings History for Ashford Hospitality Prime (NYSE:AHP)

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