Braemar Hotels & Resorts (BHR) Projected to Post Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Wednesday, May 7th. Analysts expect Braemar Hotels & Resorts to post earnings of $0.35 per share and revenue of $211.64 million for the quarter.

Braemar Hotels & Resorts Stock Up 7.1 %

Shares of NYSE:BHR traded up $0.14 during midday trading on Friday, reaching $2.04. The company had a trading volume of 228,532 shares, compared to its average volume of 284,679. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 4.44. The business's 50 day moving average price is $2.43 and its 200 day moving average price is $2.81. The stock has a market cap of $136.44 million, a PE ratio of -2.64 and a beta of 1.06. Braemar Hotels & Resorts has a 1-year low of $1.80 and a 1-year high of $3.95.

Braemar Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.20 dividend on an annualized basis and a yield of 9.83%. Braemar Hotels & Resorts's dividend payout ratio is -25.97%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Braemar Hotels & Resorts from a "hold" rating to a "sell" rating in a report on Tuesday, April 29th.

Braemar Hotels & Resorts Company Profile

Braemar Hotels & Resorts is a conservatively capitalized REIT that invests primarily in high RevPAR, full-service luxury hotels and resorts. We are listed on the New York Stock Exchange under the symbol BHR and are externally-advised by Ashford (NYSE American: AINC).