Ashford Inc. (AINC)

NYSEAMERICAN: AINC · IEX Real-Time Price · USD
9.85
-0.15 (-1.50%)
Jun 5, 2023, 11:52 AM EDT - Market open
-1.5%
Market Cap 31.49M
Revenue (ttm) 695.60M
Net Income (ttm) -32.11M
Shares Out 3.20M
EPS (ttm) -10.93
PE Ratio n/a
Forward PE 2.06
Dividend n/a
Ex-Dividend Date n/a
Volume 1,639
Open 9.78
Previous Close 10.00
Day's Range 9.70 - 9.94
52-Week Range 9.20 - 19.70
Beta 1.97
Analysts Buy
Price Target 17.00 (+72.59%)
Earnings Date May 2, 2023

About AINC

Ashford, Inc is an asset management firm. The firm provides investment management and related services to the real estate and hospitality sectors. Ashford, Inc was formed on April 2, 2014 and is based in Dallas, Texas. Ashford Inc.(NYSEAM:AINC) operates independently of Ashford Hospitality Trust, Inc. as of November 5, 2019. [Read more]

Sector Financials
CEO Montgomery Jack Bennett IV
Employees 7,827
Stock Exchange NYSEAMERICAN
Ticker Symbol AINC
Full Company Profile

Financial Performance

In 2022, Ashford's revenue was $644.43 million, an increase of 67.57% compared to the previous year's $384.57 million. Losses were -$32.81 million, -28.64% less than in 2021.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for AINC stock is "Buy." The 12-month stock price forecast is $17.0, which is an increase of 72.59% from the latest price.

Price Target
$17.0
(72.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ASHFORD SECURITIES ANNOUNCES INITIAL SALES FOR ITS SECOND INVESTMENT PRODUCT

DALLAS , April 4, 2023 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), continues to receive strong interest ...

Other symbols: AHT
2 months ago - PRNewsWire

ASHFORD SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS , March 24, 2023 /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, 202...

2 months ago - PRNewsWire

ASHFORD'S RED HOSPITALITY & LEISURE ANNOUNCES EXPANSION INTO HAWAII

DALLAS , March 20, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that RED Hospitality & Leisure, LLC ("RED"), a leading watersports and resort se...

2 months ago - PRNewsWire
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ASHFORD SETS FOURTH QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS , Jan. 5, 2023 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the fourth quarter ended December 31, 2...

5 months ago - PRNewsWire

ASHFORD SETS THIRD QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS , Sept. 1, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, ...

9 months ago - PRNewsWire

ASHFORD SETS SECOND QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES

DALLAS , June 22, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the second quarter ended June 30, 2022...

1 year ago - PRNewsWire

ASHFORD SECURITIES ANNOUNCES PROMOTION & NEW HIRES

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...

1 year ago - PRNewsWire

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

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...

1 year ago - PRNewsWire
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ASHFORD FILES INVESTOR PRESENTATION WITH UPDATED LONG-TERM GROWTH PROJECTIONS

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 anno...

1 year ago - PRNewsWire

ASHFORD ANNOUNCES PLANNED DEPARTURE OF EXECUTIVE

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 t...

1 year ago - PRNewsWire

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

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 manage...

1 year ago - PRNewsWire

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

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 Co...

1 year ago - PRNewsWire

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

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)...

Other symbols: AHT
1 year ago - PRNewsWire
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ASHFORD SECURITIES GROWTH DRIVEN BY STRONG RETAIL AND INSTITUTIONAL DEMAND

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...

Other symbols: BHR
1 year ago - PRNewsWire

BRAEMAR HOTELS & RESORTS ANNOUNCES TERMINATION OF SEC INVESTIGATION

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 (...

Other symbols: BHR
1 year ago - PRNewsWire

ASHFORD SECURITIES ANNOUNCEMENT

DALLAS, Dec. 16, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), is excited to announce the appointment...

1 year ago - PRNewsWire

Ashford Securities Announces Recent Sales For Its First Investment Product

DALLAS, Nov. 15, 2021 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), continues to receive strong interest f...

Other symbols: BHR
1 year ago - PRNewsWire

Ashford to Ring New York Stock Exchange Opening Bell

DALLAS, Oct. 12, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that the Company's management team will ring the New York Stock Exchange's Opening...

1 year ago - PRNewsWire

Ashford To Host Investor & Analyst Day

DALLAS, Oct. 5, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that it will host an Investor & Analyst Day in New York City on Tuesday, October 12...

1 year ago - PRNewsWire

Ashford's J&S Audio Visual ("JSAV") Rebrands As INSPIRE

DALLAS, Oct. 1, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") is excited to announce that one of its Products and Services companies, J&S Audio Visual ("JSAV"), ...

1 year ago - PRNewsWire

J & S Audio Visual (JSAV) Rebrands As INSPIRE

DALLAS, Sept. 30, 2021 /PRNewswire/ -- J & S Audio Visual (JSAV), a leading global event solutions company, today announced it has completed its year-long rebranding strategy and is now named INSPIRE ...

1 year ago - PRNewsWire

Ashford Sets Third Quarter Earnings Release And Conference Call Dates

DALLAS, Sept. 23, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced details for the release of its results for the third quarter ended September 30, ...

1 year ago - PRNewsWire

Ashford's RED Hospitality & Leisure Announces New Expansion Into The Turks And Caicos Islands

DALLAS, Aug. 26, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that one of its Products and Services companies, RED Hospitality & Leisure ("RED H...

1 year ago - PRNewsWire

Ashford Regains Compliance With NYSE American Continued Listing Standards

DALLAS, Aug. 10, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that on August 9, 2021, the Company received written notice from the NYSE American...

1 year ago - PRNewsWire

Pure Wellness and Ashford Convert Office Space Into Pure Office Space

DALLAS--(BUSINESS WIRE)-- #PureOffice--Pure Wellness converts office space at Ashford into Pure Offices, protecting employees from viral and bacterial contaminants.

1 year ago - Business Wire