News articles about Ashford Hospitality Prime (NYSE:AHP) have trended positive on Sunday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Ashford Hospitality Prime earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave news stories about the real estate investment trust an impact score of 45.7767750925143 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of AHP opened at $10.38 on Friday. The company has a market capitalization of $333.41 million, a P/E ratio of 6.41 and a beta of 0.82. The company has a current ratio of 4.22, a quick ratio of 4.22 and a debt-to-equity ratio of 2.20. Ashford Hospitality Prime has a 1-year low of $8.44 and a 1-year high of $11.34.
Ashford Hospitality Prime (NYSE:AHP) last announced its earnings results on Wednesday, February 28th. The real estate investment trust reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.35. The business had revenue of $92.56 million for the quarter, compared to the consensus estimate of $100.48 million. Ashford Hospitality Prime had a net margin of 5.56% and a return on equity of 6.28%. analysts anticipate that Ashford Hospitality Prime will post 1.54 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Monday, April 16th. Investors of record on Friday, March 30th were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date of this dividend was Wednesday, March 28th. Ashford Hospitality Prime’s dividend payout ratio is currently 39.51%.
A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Ashford Hospitality Prime from a “sell” rating to a “hold” rating in a report on Thursday, March 15th. ValuEngine downgraded shares of Ashford Hospitality Prime from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, B. Riley set a $13.00 target price on shares of Ashford Hospitality Prime and gave the company a “buy” rating in a research note on Thursday, March 1st. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Ashford Hospitality Prime has a consensus rating of “Hold” and an average price target of $11.80.
Ashford Hospitality Prime Company Profile
Ashford Hospitality Prime is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
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