Ashford

Ashford, Inc. engages in the provision of asset management, advisory services and other products and services primarily to clients in the hospitality industry. The firm operates through following business segments: REIT Advisory, Remington, Premier, JSAV, OpenKey, and Corporate & Other. The REIT Advisory segment provides asset management and advisory services to other entities. The Remington segment engages in hotel management services. The Premier segment provides design, development, architectural, and project management services. The JSAV segment is engaged in the provision of event technology and creative communications solutions services. The OpenKey segment provides a universal smartphone app for keyless entry into hotel guest rooms. The Corporate and Other segment includes the business services of RED, Marietta, Pure Wellness and Lismore and REA Holdings. The company was founded by Montgomery Jack Bennett on April 2, 2014 and is headquartered in Dallas, TX.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q3 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Ashford is an alternative asset management company with a portfolio of strategic operating businesses that provide global asset management, investment management, and related services to the real estate and hospitality sectors.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Ashford (AINC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Fast-paced Momentum Stock Ashford (AINC) Is Still Trading at a Bargain

Ashford Inc. (AINC) stock is worthy of consideration for those looking for a discount. AINC currently sports a Zacks Rank #1 (Strong Buy) with earnings estimate revisions trending higher.

Is Ashford (AINC) Stock a Bargain Right Now?

Ashford (AINC) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Bears are Losing Control Over Ashford (AINC), Here's Why It's a 'Buy' Now

Ashford Inc. (NYSE:AINC ) Q3 2022 Earnings Conference Call November 3, 2022 1:00 PM ET Company Participants Jordan Jennings - IR Deric Eubanks - CFO Eric Batis - EVP, Operations Conference Call Participants Tyler Batory - Oppenheimer Operator Greetings, and welcome to the Ashford Third Quarter 2022 Results Conference Call. [Operator Instructions] Please note, this conference is being recorded.

Ashford Inc. (AINC) Q3 2022 Earnings Call Transcript

Ashford (AINC) delivered earnings and revenue surprises of 68.18% and 11.07%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Ashford (AINC) Beats Q3 Earnings and Revenue Estimates

Corebridge Financial Inc

Equus Total Return

Great Elm Capital

Hennessy Advisors

Investcorp Credit Management BDC Inc

OFS Capital

PhenixFIN

Prospect Capital

Central Securities

When it comes to stock selection, one factor investors may want to consider is insider ownership.

These Are 10 Asset Management Companies With Over 20% Insider Ownership

Here is how Ashford (AINC) and Axis Capital (AXS) have performed compared to their sector so far this year.

Is Ashford (AINC) Outperforming Other Finance Stocks This Year?

Ashford (AINC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

Ashford (AINC) Soars 7.7%: Is Further Upside Left in the Stock?

Ashford (AINC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

3 Reasons Why Ashford (AINC) Is a Great Growth Stock

Ashford Inc. (NYSE:AINC ) Q2 2022 Results Conference Call August 4, 2022 12:00 PM ET Company Participants Jordan Jennings - Manager, Investor Relations Deric Eubanks - Chief Financial Officer Eric Batis - Managing Director and Senior Vice President, Portfolio Management Conference Call Participants Bryan Maher - B. Riley Securities Tyler Batory - Oppenheimer Operator Greetings and welcome to the Ashford Inc. Second Quarter 2022 Results Conference Call.

Ashford Inc. (AINC) Management on Q2 2022 Results - Earnings Call Transcript

Ashford (AINC) delivered earnings and revenue surprises of 81.15% and 21.67%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Ashford (AINC) Surpasses Q2 Earnings and Revenue Estimates

DALLAS, May 23, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), is pleased to announce that Ben Hilgers has been promoted to Senior Vice President, National Sales Manager. C. Jay Steigerwald III, President and Head of Distribution at Ashford Securities commented, "I have known Ben for almost twenty years and am excited to have him lead our sales efforts.

ASHFORD SECURITIES ANNOUNCES PROMOTION & NEW HIRES

DALLAS , May 16, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), and managing broker-dealer for Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), today announced it has raised more than $100 million (stated value) for Braemar through the Series E and Series M Redeemable Preferred Stock Offering. Shares were distributed through a syndicate of 44 broker-dealers, institutions, and RIA firms.

ASHFORD SECURITIES SURPASSES $100 MILLION CAPITAL RAISE MILESTONE FOR ITS FIRST INVESTMENT PRODUCT

Ashford Inc. (NYSE:AINC ) Q1 2022 Earnings Conference Call May 5, 2022 12:00 PM ET Company Participants Jordan Jennings - Manager, Investor Relations Deric Eubanks - Chief Financial Officer Eric Batis - Managing Director and Senior Vice President, Portfolio Management Conference Call Participants Bryan Maher - B. Riley Operator Greetings.

Ashford Inc. (AINC) Management on Q1 2022 Results - Earnings Call Transcript

Increases Previously Provided Guidance for 2023 and 2025 Adds Guidance for 2024 and 2026 DALLAS , May 4, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that it recently posted on the Company's website a comprehensive presentation for investors, which includes updates to its previously provided long-term growth projections. Detailed within the presentation, the Company provides updated long-term financial projections for the different segments of its business.

ASHFORD FILES INVESTOR PRESENTATION WITH UPDATED LONG-TERM GROWTH PROJECTIONS

DALLAS , April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter, its President and Chief Operating Officer, will be leaving the Company effective July 15, 2022.  Mr. Welter's position as Chief Operating Officer of Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts (NYSE: BHR) will also end effective July 15, 2022.

ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE

DALLAS, April 18, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Remington Hotels ("Remington"), a dynamic, growing, independent hotel management company with over 40 years of experience in the hospitality business and a wholly-owned portfolio company of Ashford, has acquired privately held Chesapeake Hospitality ("Chesapeake"), a premier third-party hotel management company. Ashford is acquiring Chesapeake for an initial consideration of $15.75 million, payable with $6.3 million in cash and $9.45 million of a new Series CHP Convertible Preferred Unit, which will pay a 7.28% annual dividend and have a $117.50 conversion price per share.

ASHFORD ANNOUNCES ACQUISITION OF CHESAPEAKE HOSPITALITY TO ACCELERATE GROWTH OF ITS HOTEL MANAGEMENT BUSINESS

DALLAS, April 12, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that its Board of Directors declared cash dividends for the Company's Series D Convertible Preferred Stock ("Preferred Stock") reflecting accrued and unpaid dividends for the quarters ending June 30, 2020 and December 31, 2020.  The Company will pay an aggregate cash dividend of $0.932 per share of Preferred Stock, representing approximately 50% of the accrued dividends.

ASHFORD DECLARES PAYMENT OF HALF OF THE COMPANY'S ACCRUED PREFERRED DIVIDENDS

Ashford Hospitality Trust

DALLAS, Feb. 28, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) announced that it successfully settled a lawsuit on behalf of its managed platform, Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust") against Cygnus Capital, Inc. (together with its affiliates, "Cygnus"), represented by Olshan Frome Wolosky LLP ("Olshan"), as well as certain other defendants including ThornTree Capital and an individual stockholder – Cygnus Chief Executive Officer's mother-in-law, Rebecca Harvey, on highly favorable terms including obligations for the defendants to make a payment exceeding one million dollars to Ashford Trust and to transfer 150,000 shares of Ashford Trust stock to a charitable trust created by Ashford Trust.  The lawsuit settlement agreement contained a confidentiality clause with respect to certain terms, which recently expired.

ASHFORD INC. ANNOUNCES EXTRAORDINARY SETTLEMENT OF SHAREHOLDER LITIGATION WITH CYGNUS CAPITAL WHO WAS REPRESENTED BY OLSHAN FROME WOLOSKY

Ashford, Inc. (AINC) on Q4 2021 Results - Earnings Call Transcript

Ashford (AINC) delivered earnings and revenue surprises of 194.74% and 18.35%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Ashford (AINC) Surpasses Q4 Earnings and Revenue Estimates

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.

Ashford (AINC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Braemar Hotels & Resorts Inc

DALLAS, Jan. 26, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), today announced an update on sales for its product, the Series E Redeemable Preferred Stock (brokerage shares) and Series M Redeemable Preferred Stock (advisory shares) of Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"). For the month of January, sales were $17.4 million (as of January 21, 2022).

ASHFORD SECURITIES GROWTH DRIVEN BY STRONG RETAIL AND INSTITUTIONAL DEMAND

American Tower

JPMorgan BetaBuilders MSCI US REIT ETF

Cambria Global Real Estate ETF

Bluerock Residential Growth REIT

Blackstone Group

Condor Hospitality Trust

Diversified Healthcare Trust

Direxion Daily Real Estate Bull 3x Shares

Direxion Daily Real Estate Bear 3x Shares

First Trust FTSE EPRA/NAREIT Developed Markets Real Estate

First Trust S&P REIT Index Fund

Gladstone Commercial

iShares Cohen & Steers REIT ETF

InnSuites Hospitality Trust

Industrial Logistics Properties

Invesco KBW Premium Yield Equity REIT ETF

Gladstone Land

Nuveen Short-Term REIT ETF

Office Properties Income Trust

InfraCap REIT Preferred ETF

iShares Global REIT ETF

ALPS Active REIT ETF

RMR Group

2021 was a very strong year for REITs, which had positive total returns in 10 out of the 12 months, including December's +8.73% average return. Large cap (+49.35%) and small cap REITs (+47.34%) surged in 2021, while micro caps (+22.36%) significantly underperformed.

The State Of REITs: January 2022 Edition

DALLAS, Jan. 18, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action by the SEC against Braemar. Ashford Hospitality Trust, Inc. (NYSE: AHT) and Ashford Inc. (NYSE American: AINC) also each received a letter stating that the SEC's investigation is concluded, and that the SEC enforcement staff does not intend to recommend any action against the respective company.

BRAEMAR HOTELS & RESORTS ANNOUNCES TERMINATION OF SEC INVESTIGATION

News for Ashford Stock (AINC)