ashford inc. is a publicly traded (nyse mkt: ainc) third-party asset manager and service provider to the hospitality industry with more than $6 billion in assets under management. ashford inc. currently serves as the external manager for ashford hospitality prime (nyse: ahp) and ashford hospitality trust (nyse: aht). ashford hospitality prime invests primarily in high revpar, luxury, upper upscale and upscale hotels in gateway and resort locations. ashford hospitality trust invests opportunistically with a focus on full-service upscale and upper upscale hotels that have a revpar generally less than twice the u.s. national average. ashford hospitality prime and ashford hospitality trust have been public companies since november 2013 and august 2003, respectively.
Company profile
Ticker
AINC
Exchange
Website
CEO
Montgomery Bennett
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Ashford Inc
SEC CIK
Corporate docs
Subsidiaries
Ashford OAINC II Inc. • Ashford OAINC Inc. • Ashford Hospitality Holdings LLC • Ashford Advisors, Inc. • Ashford Hospitality Advisors LLC • Ashford Hospitality Services LLC • Kylemore Holdings LLC • Ashford Securities LLC • Premier Project Management LLC • Remington Holdings, L.P. ...
AINC stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
15 May 24
10-Q
2024 Q1
Quarterly report
13 May 24
PRER14A
Preliminary revised proxy
13 May 24
SC 13E3/A
Going private transaction (amended)
13 May 24
8-K
Ashford Reports First Quarter 2024 Results
8 May 24
8-K
Departure of Directors or Certain Officers
18 Apr 24
SC 13E3
Going private transaction
12 Apr 24
PRE 14A
Preliminary proxy
12 Apr 24
8-K
Ashford Inc.’S Board of Directors Approves Plan to Terminate Registration of Its Common Stock
2 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
Transcripts
AINC
Earnings call transcript
2023 Q4
1 Mar 24
AINC
Earnings call transcript
2023 Q3
9 Nov 23
AINC
Earnings call transcript
2023 Q2
3 Aug 23
AINC
Earnings call transcript
2023 Q2
3 Aug 23
AINC
Earnings call transcript
2023 Q1
3 May 23
AINC
Earnings call transcript
2022 Q4
23 Feb 23
AINC
Earnings call transcript
2022 Q3
6 Nov 22
AINC
Earnings call transcript
2022 Q2
6 Aug 22
AINC
Earnings call transcript
2022 Q1
8 May 22
AINC
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
SC 13D/A
Hays J Robison III
18 Apr 24
SC 13D/A
Bennett Monty J
16 Apr 24
4
Monty J Bennett
16 Apr 24
SC 13D
Welter Jeremy
11 Apr 24
SC 13G/A
He Zhengxu
3 Apr 24
SC 13G/A
He Zhengxu
3 Apr 24
SC 13D/A
Hays J Robison III
2 Apr 24
SC 13D/A
Eubanks Deric S
2 Apr 24
SC 13D/A
Bennett Monty J
2 Apr 24
4
Alex Rose
26 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 64.23 mm | 64.23 mm | 64.23 mm | 64.23 mm | 64.23 mm | 64.23 mm |
Cash burn (monthly) | 1.46 mm | 1.41 mm | 1.09 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 11.03 mm | 10.67 mm | 8.25 mm | n/a | n/a | n/a |
Cash remaining | 53.20 mm | 53.56 mm | 55.98 mm | n/a | n/a | n/a |
Runway (months of cash) | 36.4 | 37.9 | 51.3 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
7.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 19 |
Opened positions | 4 |
Closed positions | 2 |
Increased positions | 4 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 1.30 bn |
Total shares | 265.41 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 130.53 k | $804.09 mm |
Renaissance Technologies | 54.25 k | $334.00 k |
Advisor | 36.32 k | $223.73 mm |
BLK Blackrock | 25.82 k | $159.07 mm |
Geode Capital Management | 17.39 k | $107.13 mm |
Tower Research Capital | 737.00 | $4.54 mm |
UBS UBS Group AG - Registered Shares | 106.00 | $653.00 k |
Salem Investment Counselors | 83.00 | $512.00 k |
GWM Advisors | 49.00 | $302.00 k |
WFC Wells Fargo & Co. | 46.00 | $281.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Bennett Monty J | Common Stock | Buy | Acquire P | No | No | 4.91 | 200,000 | 982.00 k | 467,504 |
22 Mar 24 | Alex Rose | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 32,648 |
22 Mar 24 | Hays J Robison III | Common Stock | Grant | Acquire A | No | No | 0 | 15,527 | 0.00 | 123,885 |
22 Mar 24 | Deric S Eubanks | Common Stock | Grant | Acquire A | No | No | 0 | 15,527 | 0.00 | 73,882 |
22 Mar 24 | Justin Coe | Common Stock | Grant | Acquire A | No | No | 0 | 15,000 | 0.00 | 17,826 |
News
Ashford Q1 2024 GAAP EPS $1.99 Up From $1.67 YoY, Sales $209.134M Beat $199.700M Estimate
8 May 24
Insiders Buying Ashford And 1 Other Stock
17 Apr 24
Market-Moving News for April 2nd
2 Apr 24
Reported Earlier, Ashford's Board Approves Reverse Stock Split And Delisting Strategy To Focus On Enhancing Shareholder Value
2 Apr 24
Ashford Announces Acceptance Of Compliance Plan By NYSE American
1 Mar 24