|Bid||49.98 x 1400|
|Ask||63.62 x 800|
|Day's Range||56.36 - 57.00|
|52 Week Range||46.30 - 97.50|
|Beta (3Y Monthly)||2.01|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||89.00|
DALLAS, April 10, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford") today announced with great sadness the passing of Monroe Jost, the founder and Chief Executive Officer of J&S Audio Visual ("J&S" or the "Company"), one of its Hospitality Products and Services companies. "We are deeply saddened by Monroe's unexpected passing," commented Monty J. Bennett, Ashford's Chairman and Chief Executive Officer. Mr. Jost, age 71, served as Chief Executive Officer of J&S Audio Visual since 1986 when he purchased Hoover Audio Visual.
DALLAS, April 5, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the first quarter ended March 31, 2019. Ashford plans to issue its earnings release for the first quarter after the market closes on Thursday, May 2, 2019 and will host a conference call on Friday, May 3, 2019, at 12:00 p.m. ET. The number to call for this interactive teleconference is (323) 794-2588. The live broadcast of Ashford's quarterly conference call will be available online at the Company's web site, www.ashfordinc.com on Friday, May 3, 2019, beginning at 12:00 p.m. ET. The online replay will follow shortly after the call and continue for approximately one year.
DALLAS, March 5, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that one of its Hospitality Products and Services companies, J&S, has completed the acquisition of substantially all of the assets of an integrated provider of audio and visual services based in Buffalo, New York ("BAV") for approximately $5 million in cash and $4 million of Ashford common stock (excluding transaction costs, working capital adjustments, and contingent consideration). Adjusted EBITDA for the twelve months ending December 31, 2019 is expected to be approximately $2.3 million. With over 30 years of operating history, BAV provides integrated single-source audio visual services with a well-diversified geographical presence and customer base. BAV has a strong presence in the east coast market including New York and Washington D.C. with an operational presence in approximately 32 states across the U.S. representing approximately 100 clients and nearly 200 events annually. BAV's estimated customer retention rate is approximately 90% which highlights the high level of customer service, professional production quality, and unique, tailored solutions the company provides. J&S expects revenue, market, service offering and customer diversification benefits considering BAV's focus on customer satisfaction and professional quality. BAV does not have any contracts in place with Ashford asset-managed hotels. BAV's management team is incentivized to continue to serve existing BAV customers and grow the company.
Actual RevPAR Increased 1.0% for the Full Year Comparable RevPAR Increased 0.6% for all Hotels Not Under Renovation in the 4th Quarter Completed Acquisition of La Posada de Santa Fe Completed Acquisition ...
Assets Under Management $6.5 Billion at Quarter End Total Revenue Increased 72% in the Fourth Quarter Full Year Total Revenue Increased 140% Net Income Attributable to Common Stockholders $0.3 Million ...
Actual RevPAR for All Hotels Increased 9.0% in the 4th Quarter Comparable RevPAR for All Hotels Not Under Renovation Increased 7.0% in the 4th Quarter Entered into an Enhanced Return Funding Program with ...
Ashford (AINC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Braemar Hotels & Resorts (BHR) ("Braemar" or the "Company") announced today that it has closed on the acquisition of the 170-room Ritz-Carlton Lake Tahoe located in Truckee, California. The total consideration of $120 million consisted of $103.3 million for the hotel, $8.4 million for the 3.4-acre undeveloped land parcel, and $8.3 million for capital reserves.
DALLAS, Jan. 17, 2019 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that, in connection with the acquisition of the Ritz-Carlton Lake Tahoe, it has entered into an agreement with Braemar Hotels & Resorts, Inc. (BHR) ("Braemar") for the new Enhanced Return Funding Program ("ERFP" or the "Program"). Under the Program, Ashford has agreed to provide up to $50 million to Braemar in connection with the acquisition by Braemar of additional hotels. Ashford will provide 10% of the purchase price of each hotel acquired by Braemar, for up to $500 million in total acquisitions.
DALLAS , Dec. 31, 2018 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ...
While Affiliated Managers' (AMG) upside potential appears limited in the near term, there are a few investment management stocks that look promising for 2019.
NEW YORK, Nov. 26, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
DALLAS , Nov. 13, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has secured a $25 million property-level ...
Ashford (AINC) delivered earnings and revenue surprises of 15.38% and 10.66%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Dallas-based company said it had net income of 18 cents per share. Earnings, adjusted for one-time gains and costs, were 75 cents per share. The asset management company serving the hospitality industry ...
Actual RevPAR Increased 0.5% for All Hotels Not Under Renovation Completed Acquisition of La Posada de Santa Fe DALLAS , Nov. 1, 2018 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford ...
Assets Under Management $6.8 Billion at Quarter End Total Revenue Increased 116% in the Third Quarter Completed Acquisition of Remington's Project Management Business DALLAS , Nov. 1, 2018 /PRNewswire/ ...