Ashford, Inc. engages in the provision of asset management, advisory services and other products and services primarily to clients in the hospitality industry. Its segments include REIT Advisory and Hospitality Products and Services. The REIT Advisory segment provides asset management and advisory services. The Hospitality Products and Services segment provides products and services to clients primarily in the hospitality industry. The company was founded on April 2, 2014 and is headquartered in Dallas, TX.
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 • Premier Project Management LLC • Remington Holdings, L.P. • Remington Lodging & Hospitality, LLC • PT Holdco, LLC ...
AINC stock data
Latest filings (excl ownership)
8-K
Unaudited Pro Forma Financial Statements
21 Dec 22
8-K
Regulation FD Disclosure
29 Nov 22
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Third Quarter 2022 Conference Call
3 Nov 22
8-K
Ashford Reports Third Quarter 2022 Results
2 Nov 22
CERT
Certification of approval for exchange listing
31 Aug 22
8-A12B
Registration of securities on exchange
31 Aug 22
8-K
Entry into a Material Definitive Agreement
31 Aug 22
10-Q
2022 Q2
Quarterly report
12 Aug 22
8-K
Second Quarter 2022 Conference Call
4 Aug 22
Transcripts
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
AINC
Earnings call transcript
2021 Q2
31 Oct 21
AINC
Earnings call transcript
2021 Q2
1 Aug 21
AINC
Earnings call transcript
2021 Q1
9 May 21
AINC
Earnings call transcript
2020 Q4
26 Feb 21
AINC
Earnings call transcript
2020 Q3
31 Oct 20
AINC
Earnings call transcript
2020 Q2
31 Jul 20
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Change in cash | |||||
| 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) | 81.19 mm | 81.19 mm | 81.19 mm | 81.19 mm | 81.19 mm | 81.19 mm |
| Cash burn (monthly) | 1.83 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 7.23 mm | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 73.95 mm | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 40.5 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2022
12.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 21 |
| Opened positions | 0 |
| Closed positions | 2 |
| Increased positions | 3 |
| Reduced positions | 9 |
| 13F shares | Current |
|---|---|
| Total value | 5.43 mm |
| Total shares | 402.71 k |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| Uniplan Investment Counsel | 119.04 k | $1.60 mm |
| Vanguard | 80.92 k | $1.09 mm |
| Renaissance Technologies | 72.65 k | $979.00 k |
| First Eagle Investment Management | 50.57 k | $682.00 k |
| Advisor | 36.40 k | $491.00 k |
| BLK Blackrock | 25.92 k | $349.00 k |
| Geode Capital Management | 16.49 k | $222.00 k |
| BAC Bank Of America | 308.00 | $4.00 k |
| Tower Research Capital | 202.00 | $3.00 k |
| RY Royal Bank Of Canada | 101.00 | $1.00 k |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 Jul 22 | Hays J Robison III | Class 2 LTIP Units Common Stock | Grant | Acquire A | No | No | 85.97 | 30,000 | 2.58 mm | 30,000 |
| 7 Jul 22 | Hays J Robison III | Class 2 LTIP Units Common Stock | Sale back to company | Dispose D | No | No | 85.97 | 30,000 | 2.58 mm | 0 |
| 7 Jul 22 | Deric S Eubanks | Stock Options (right to purchase) Common Stock | Grant | Acquire A | No | No | 85.97 | 30,000 | 2.58 mm | 30,000 |
| 7 Jul 22 | Deric S Eubanks | Stock Options (right to purchase) Common Stock | Sale back to company | Dispose D | No | No | 85.97 | 30,000 | 2.58 mm | 0 |
| 7 Jul 22 | Welter Jeremy | Class 2 LTIP Units Common Stock | Grant | Acquire A | No | No | 85.97 | 30,000 | 2.58 mm | 30,000 |
| 7 Jul 22 | Welter Jeremy | Class 2 LTIP Units Common Stock | Sale back to company | Dispose D | No | No | 85.97 | 30,000 | 2.58 mm | 0 |
| 7 Jul 22 | Bennett Monty J | Stock Options (right to purchase) Common Stock | Grant | Acquire A | Yes | No | 85.97 | 35,000 | 3.01 mm | 35,000 |
| 7 Jul 22 | Bennett Monty J | Stock Options (right to purchase) Common Stock | Sale back to company | Dispose D | Yes | No | 85.97 | 95,000 | 8.17 mm | 0 |
| 7 Jul 22 | Bennett Monty J | Stock Options (right to purchase) Common Stock | Sale back to company | Dispose D | No | No | 61.12 | 90,000 | 5.50 mm | 0 |
| 7 Jul 22 | Bennett Monty J | Class 2 LTIP Units Common Stock | Grant | Acquire A | Yes | No | 85.97 | 60,000 | 5.16 mm | 60,000 |