Ashford Hospitality Trust (AHT) Stock

U.S. equity markets tumbled this week while benchmark interest rates jumped to six-month highs after the Fed cut rates for a third-straight meeting but indicated a less-dovish outlook for 2025. Reflecting concern over stubbornly sticky inflation and buoyant economic growth, the FOMC's updated Economic Projections indicate just two rate cuts in 2025, down from four in the prior forecast. Posting its worst week since November, the S&P 500 dipped 2.2%. The Dow shed roughly 1,000 points, while the Small-Cap 600 and the Mid-Cap 400 each tumbled by nearly 5%.

A STRATEGIC PLAN TO DRIVE OUTSIZED EBITDA GROWTH ADVISOR ASHFORD INC. STEPS UP TO AID EFFORTS $50 MILLION IN INCREMENTAL EBITDA TARGETED OAKTREE FINANCING TARGETED FOR EARLY Q1 PAYOFF DALLAS , Dec. 17, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today the launch of a transformative strategic initiative designed to drive outsized EBITDA growth and substantially improve shareholder value.

DALLAS , Dec. 3, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it plans to close its offering of Series J and Series K non-traded preferred stock on March 31, 2025.  Since launching the offering in 2022, the Company raised approximately $180.0 million of gross proceeds from the sale of its Series J and Series K non-traded preferred stock.

DALLAS , Nov. 21, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today the conversion of its 226-room Le Pavillon Hotel in New Orleans, Louisiana to a Tribute Portfolio property. Marriott's Tribute Portfolio is a growing global family of characterful, independent hotels drawn together by their passion for captivating design and their drive to create vibrant social scenes for guests and locals alike.

Ashford Hospitality Trust, Inc. (NYSE:AHT ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Deric Eubanks - Chief Financial Officer Stephen Zsigray - President and Chief Executive Officer Chris Nixon - Executive Vice President and Head-Asset Management Conference Call Participants Jonathan Jenkins - Oppenheimer Michael Bellisario - Baird Operator Hello and welcome to the Ashford Hospitality Trust's Third Quarter 2024 Results Conference Call. All lines have been placed on mute to prevent any background noise.

Ashford Hospitality Trust (AHT) came out with a quarterly loss of $1.71 per share versus the Zacks Consensus Estimate of $0.70. This compares to FFO of $0.80 per share a year ago.

DALLAS , Oct. 25, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it completed a reverse split of the Company's common stock at a ratio of 1-for-10. After the close of business on October 25, 2024, the effective date of the reverse stock split, each share of the Company's issued and outstanding common stock and equivalents was converted into 1/10th of a share of the Company's common stock.

DALLAS , Oct. 15, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors unanimously approved a reverse split of the Company's common stock at a ratio of 1-for-10. As of the effective date of the reverse split, each share of the Company's issued and outstanding common stock and equivalents will be converted into 1/10th of a share of the Company's common stock.

DALLAS , Sept. 26, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it was notified by the New York Stock Exchange (the "NYSE") on September 23, 2024, that it is not in compliance with Section 802.01C of the NYSE's Listed Company Manual, which requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading day period.