|Bid||3.9100 x 800|
|Ask||0.0000 x 800|
|Day's Range||3.9200 - 4.1700|
|52 Week Range||3.5500 - 34.3874|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 27, 2020 - Nov 02, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 30, 2019|
|1y Target Est||6.50|
The ratings on Cl. A, Cl. B, Cl. C, and Cl. D were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, are within acceptable ranges. The ratings on Cl. E, and Cl. F were downgraded due to an increase in Moody's LTV as a result of immediate decline in performance due to the coronavirus outbreak and the uncertainty of timing and extent of the recovery.
It is now my pleasure to introduce your host, Jordan Jennings, investor relations for Ashford Hospitality Trust. Good day, everyone, and welcome to today's conference call to review the results for Ashford Hospitality Trust for the second quarter of 2020 and to update you on recent developments.
Ashford Hospitality Trust (AHT) delivered FFO and revenue surprises of -78.81% and -36.71%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?