AHT Stock Report: Ashford Hospitality Trust Rating & Analysis

Price Action & Execution Volume

1255 daily bars · split adjusted

D1 · Split adjusted1Y: -42.21%

RSI (14)

Daily · Wilder smoothing

65.7Bullish range

70 overbought / 30 oversoldLast 120 sessions

MACD (12, 26, 9)

MACD -0.08 Signal -0.20 Hist 0.12

Pivots & Key Levels

Classic floor pivots from 2026-10-23

R2

3.43

R1

3.12

Pivot

2.85

S1

2.54

S2

2.27

Quantitative Signal Summary & Indicator Suite

Computed from daily OHLCV bars

Consensus signal rating

STRONG BUY

6 bullish · 3 neutral · 1 bearish

STRONG SELLSELLNEUTRALBUYSTRONG BUY

Oscillators

2 Buy · 3 Neu · 0 Sell

Moving averages

4 Buy · 0 Neu · 1 Sell

Indicator	Value	Type	Action
RSI (14)	65.65	Oscillator	Neutral
Stochastic %K (14, 3, 3)	79.50	Oscillator	Neutral
Williams %R (14)	-23.40	Oscillator	Neutral
MACD (12, 26, 9)	-0.08 (Hist 0.12)	Oscillator	Buy
Average Directional Index (14)	60.94 (+DI 38.6 / -DI 16.5)	Trend	Strong Buy

Financial Performance & Valuation

Audited annual filings, TTM ratios and consensus forward estimates

Financial Performance

Annual filings (FY) with consensus forward estimates (hatched)

Revenue

$1.10B FY25

805.4M

FY21

1.24B

FY22

1.37B

FY23

1.17B

FY24

1.10B

FY25

1.10B

FY26E

GAAP Net Income

-$179.8M FY25

-267.0M

FY21

-139.8M

FY22

-178.5M

FY23

-60.30M

FY24

-179.8M

FY25

-235.4M

FY26E

Free Cash Flow

-$15.67M FY25

-144.3M

FY21

-64.53M

FY22

13.79M

FY23

-23.79M

FY24

-15.67M

FY25

Key Valuation & Quality Metrics

TTM vs. 5-year historical average (annual ratios)

Metric	AHT	Historical (5Y) / ref	Status
P/E ratio (TTM)	-0.2x	-0.6x · sector 35.5x	Discount
Forward P/E (FY26E)	-0.1x	EPS est. -39.41	Discount
Price / Book	-0.1x	-24.9x	Discount
Price / Sales	0.0x	0.1x	Discount
EV / EBITDA	6.3x	14.4x	Discount
Return on equity	16.7%	—	Healthy
Gross margin	15.8%	15.9%	In line
Debt / Equity	-6.48	-307.62	Conservative
Piotroski / Altman Z	5/9	Z -1.46	Distress

DCF Fair Value

Discounted cash flow model

DCF

Estimated intrinsic value

$281.52

+9882.9% undervalued

vs current price $2.82

Enterprise value: $2.18B
FCF yield (TTM): 82.8%
Earnings yield (TTM): -359.1%
ROIC (TTM): 46.1%
Net debt / EBITDA: 6.27
Model date: 2026-10-24

Street Consensus & Target Distribution

Wall Street price targets and rating actions

12-Month Target Price Spread

Current price $2.82

Hold

Median $6.00

Current $2.82

Consensus $6.00

Low $2.00 (-29.1%)High $10.00 (+254.6%)

Analyst stance breakdown24 ratings

8 Buy (33%)15 Hold1 Sell

Recent Research Notes & Ratings

Latest analyst grade actions

Date	Firm	Action	Previous	New grade
Nov 22, 23

Ownership & Insider Activity

Shareholder Structure

Free float vs. closely held shares

Free float91.9%

Float shares
5.95M
Closely held
524.8K (8.1%)
Shares outstanding
6.47M

13F institutional holdings are not available in the current data plan.

Recent Insider Transactions

SEC Form 4 filings

Date	Insider	Role	Type	Shares @ price	Value
Jul 1, 26	Zsigray Stephen	director, officer: President & CEO	F-InKind	6,677 @ $3.24	$21.63K
Feb 24, 26	Eubanks Deric S	officer: CFO and Treasurer	M-Exempt	836	—
Feb 24, 26	Eubanks Deric S	officer: CFO and Treasurer	F-InKind	204 @ $2.85	$581
Feb 24, 26	Eubanks Deric S	officer: CFO and Treasurer	D-Return	3,560	—
Feb 24, 26	Eubanks Deric S	officer: CFO and Treasurer	M-Exempt	836	—
Feb 24, 26	Bennett Monty J	director	D-Return	20,175	—
Feb 24, 26	Bennett Monty J	director	M-Exempt	1,660	—
Feb 24, 26	Bennett Monty J	director	J-Other	471	—

Business Segment & Geographic Diversification

Revenue disaggregation per 10-K filing

Revenue by Business Segment

FY2025 · 10-K disclosure

Hotel50.0% ($1.10B)
Occupancy37.4% ($825.6M)
Food And Beverage9.4% ($207.6M)
Hotel, Other3.2% ($69.64M)
Product And Service, Other0.1% ($1.53M)

Revenue by Geography

Newsfeed & Earnings

Institutional Newsfeed

Stock news · updated daily

PRNewsWire4d ago
ASHFORD HOSPITALITY TRUST ANNOUNCES $17 MILLION ADVISORY FEE WAIVER, SHARE PURCHASE COMMITMENT FROM ASHFORD INC. AND TERMINATION OF ATM PROGRAM
DALLAS, Oct. 20, 2026 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT or the "Company") today announced that its advisor, Ashford Inc., has agreed to waive approximately $17 million of advisory fees that would otherwise be earned over the next six months and to purchase 2.5% of the Company's outstanding common stock in the open market each quarter, and that the Company has terminated its at-the-market equity offering program. The fee waiver and the share purchase agreement were approved by the independent members of the Company's Board of Directors.

Earnings Track Record

Reported EPS vs. consensus estimate

Report date	EPS est.	EPS actual	Surprise	Revenue
Aug 12, 2026	-6.64	2.67	Beat 140.2%	$273.2M
May 11, 2026	-8.79	-9.93	Miss -13.0%	$267.7M
Feb 25, 2026	-12.33	-12.33	Beat 0.0%	$259.0M
Nov 4, 2025	-10.16	-11.35	Miss -11.7%	$266.1M
Jul 30, 2025	-7.36	-6.88	Beat 6.5%	$302.0M
May 6, 2025	-0.71	-4.91	Miss -591.5%	$277.4M

SEC Filings & Executive Compensation

Recent SEC Regulatory Filings

SEC EDGAR filings · last 12 months

Form	Filed	Accepted	Document
8-K	Oct 21, 2026	2026-10-20 18:44:19	View
424B3	Oct 9, 2026	2026-10-09 16:29:40	View
8-K	Oct 9, 2026	2026-10-09 16:27:57	View
424B3	Oct 1, 2026	2026-10-01 16:26:36	View
8-K	Oct 1, 2026	2026-10-01 16:22:06	View
424B3	Aug 27, 2026	2026-08-27 16:22:37	View
8-K	Aug 27, 2026	2026-08-27 16:21:21	View
10-Q	Aug 12, 2026	2026-08-12 16:48:41	View
8-K	Aug 12, 2026	2026-08-12 16:17:12	View
424B3	Aug 6, 2026	2026-08-06 17:10:25	View

Executive Compensation

Proxy statement (DEF 14A) disclosures

No compensation disclosures.

Financial Performance & Valuation

Street Consensus & Target Distribution

Ownership & Insider Activity

Business Segment & Geographic Diversification

Newsfeed & Earnings

SEC Filings & Executive Compensation

Ashford Hospitality Trust, Inc.

Financial Performance & Valuation

Street Consensus & Target Distribution

Ownership & Insider Activity

Business Segment & Geographic Diversification

Newsfeed & Earnings

SEC Filings & Executive Compensation

Ashford Hospitality Trust, Inc.