Braemar Hotels & Resorts (BHR) to Release Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR - Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, May 8th. Analysts expect Braemar Hotels & Resorts to post earnings of $0.31 per share for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Braemar Hotels & Resorts Stock Down 1.5 %

Shares of BHR traded down $0.04 on Wednesday, hitting $2.69. 195,276 shares of the stock traded hands, compared to its average volume of 314,075. Braemar Hotels & Resorts has a one year low of $1.79 and a one year high of $4.37. The company has a market capitalization of $178.83 million, a PE ratio of -2.40 and a beta of 2.19. The business has a 50 day simple moving average of $2.21 and a 200 day simple moving average of $2.33. The company has a debt-to-equity ratio of 3.93, a quick ratio of 1.50 and a current ratio of 1.50.

Braemar Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, June 28th. This represents a $0.20 annualized dividend and a yield of 7.43%. Braemar Hotels & Resorts's dividend payout ratio is -17.86%.

Wall Street Analysts Forecast Growth

Separately, B. Riley decreased their price target on Braemar Hotels & Resorts from $3.00 to $2.50 and set a "neutral" rating for the company in a research note on Monday, March 18th.

About Braemar Hotels & Resorts

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).