NYSE:BHRBraemar Hotels & Resorts Stock Price, Forecast & News

Braemar Hotels & Resorts' stock was trading at $4.37 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BHR stock has decreased by 36.2% and is now trading at $2.79. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Braemar Hotels & Resorts in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Braemar Hotels & Resorts.

Braemar Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Braemar Hotels & Resorts.

Braemar Hotels & Resorts (NYSE:BHR) announced its earnings results on Thursday, May, 21st. The company reported ($0.48) earnings per share for the quarter, beating the consensus estimate of ($0.82) by $0.34. Braemar Hotels & Resorts had a negative net margin of 2.43% and a negative return on equity of 3.21%. View Braemar Hotels & Resorts' earnings history.

Braemar Hotels & Resorts declared a quarterly dividend on Monday, December 9th. Investors of record on Tuesday, December 31st will be given a dividend of $0.16 per share on Wednesday, January 15th. This represents a $0.64 annualized dividend and a dividend yield of 22.94%. The ex-dividend date is Monday, December 30th. This is an increase from Braemar Hotels & Resorts's previous quarterly dividend of $0.16. View Braemar Hotels & Resorts' dividend history.

3 brokerages have issued 12-month price objectives for Braemar Hotels & Resorts' shares. Their forecasts range from $4.50 to $17.00. On average, they anticipate Braemar Hotels & Resorts' share price to reach $10.75 in the next twelve months. This suggests a possible upside of 285.3% from the stock's current price. View analysts' price targets for Braemar Hotels & Resorts.

News articles about BHR stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Braemar Hotels & Resorts earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 7.0 out of 10, indicating that recent media coverage is likely to have an effect on the company's share price in the near term. View the latest news about Braemar Hotels & Resorts.

Braemar Hotels & Resorts saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,500,000 shares, an increase of 11.1% from the May 31st total of 1,350,000 shares. Based on an average trading volume of 834,900 shares, the days-to-cover ratio is presently 1.8 days. Currently, 5.5% of the shares of the company are short sold. View Braemar Hotels & Resorts' Current Options Chain.

Some companies that are related to Braemar Hotels & Resorts include Granite Point Mortgage Trust (GPMT), One Liberty Properties (OLP), Preferred Apartment Communities (APTS), Gladstone Land (LAND), Jernigan Capital (JCAP), Dynex Capital (DX), Orchid Island Capital (ORC), Whitestone REIT (WSR), Ares Commercial Real Estate (ACRE), New Senior Investment Group (SNR), Chatham Lodging Trust (CLDT), LSL Property Services (LSLPF), Transcontinental Realty Investors (TCI), CorePoint Lodging (CPLG) and Hersha Hospitality Trust (HT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Braemar Hotels & Resorts investors own include NY MTG TR INC/SH (NYMT), Ashford Hospitality Trust (AHT), MFA FINL INC/SH (MFA), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), ARBOR RLTY TR I/SH (ABR), Ashford (AINC), Ares Capital (ARCC), Medical Properties Trust (MPW) and Redwood Trust (RWT).

Braemar Hotels & Resorts trades on the New York Stock Exchange (NYSE) under the ticker symbol "BHR."

Shares of BHR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of BHR stock can currently be purchased for approximately $2.79.

Braemar Hotels & Resorts has a market capitalization of $93.55 million and generates $487.61 million in revenue each year. The company earns $370,000.00 in net income (profit) each year or $1.41 on an earnings per share basis.

The official website for Braemar Hotels & Resorts is www.bhrreit.com.

Braemar Hotels & Resorts' mailing address is 14185 DALLAS PARKWAY SUITE 1100, DALLAS TX, 75254. The company can be reached via phone at 972-490-9600 or via email at [email protected]