Braemar Hotels & Resorts Stock Forecast, Price & News

Braemar Hotels & Resorts' stock was trading at $4.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BHR shares have decreased by 38.4% and is now trading at $2.69.
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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."
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Braemar Hotels & Resorts is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Braemar Hotels & Resorts.

Braemar Hotels & Resorts (NYSE:BHR) announced its earnings results on Thursday, July, 30th. The company reported ($1.41) earnings per share for the quarter, missing the consensus estimate of ($0.53) by $0.88. The company earned $12.90 million during the quarter, compared to analysts' expectations of $16.47 million. Braemar Hotels & Resorts had a negative return on equity of 14.83% and a negative net margin of 13.71%.
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 paid a dividend of $0.16 per share on Wednesday, January 15th. This represents a $0.64 annualized dividend and a yield of 23.79%. The ex-dividend date of this dividend 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 brokers have issued twelve-month price targets for Braemar Hotels & Resorts' stock. Their forecasts range from $4.50 to $6.00. On average, they anticipate Braemar Hotels & Resorts' share price to reach $5.25 in the next year. This suggests a possible upside of 95.2% from the stock's current price.
View analysts' price targets for Braemar Hotels & Resorts.

Braemar Hotels & Resorts saw a decline in short interest in August. As of August 31st, there was short interest totaling 564,600 shares, a decline of 13.4% from the August 15th total of 652,000 shares. Based on an average trading volume of 660,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 2.1% of the shares of the company are short sold.
View Braemar Hotels & Resorts' Short Interest.

Some companies that are related to Braemar Hotels & Resorts include Urstadt Biddle Properties (UBP), One Liberty Properties (OLP), Orchid Island Capital (ORC), Ares Commercial Real Estate (ACRE), Gladstone Land (LAND), City Office REIT (CIO), CorePoint Lodging (CPLG), LSL Property Services (LSLPF), Preferred Apartment Communities (APTS), Whitestone REIT (WSR), Hersha Hospitality Trust (HT), Great Ajax (AJX), BRT Apartments (BRT), Transcontinental Realty Investors (TCI) and Farmland Partners (FPI).
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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), Brookfield Property Partners (BPY), Energy Transfer LP Unit (ET), Medical Properties Trust (MPW), New Residential Investment (NRZ), Redwood Trust (RWT), Ladder Capital (LADR) and Starwood Property Trust (STWD).

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

Braemar Hotels & Resorts' stock is owned by a number of retail and institutional investors. Top institutional investors include LSV Asset Management (4.22%), AQR Capital Management LLC (1.40%), Ironwood Investment Management LLC (0.85%), EAM Investors LLC (0.57%), Prudential Financial Inc. (0.47%) and Jane Street Group LLC (0.44%). Company insiders that own Braemar Hotels & Resorts stock include Abteen Vaziri, Curtis B Mcwilliams, Mark Nunneley, Mary Candace Evans and Stefani D Carter.
View institutional ownership trends for Braemar Hotels & Resorts.

BHR stock was sold by a variety of institutional investors in the last quarter, including TCW Group Inc., Prudential Financial Inc., Bank of New York Mellon Corp, LSV Asset Management, Charles Schwab Investment Management Inc., AQR Capital Management LLC, ClariVest Asset Management LLC, and Teton Advisors Inc..
View insider buying and selling activity for Braemar Hotels & Resorts.

BHR stock was purchased by a variety of institutional investors in the last quarter, including EAM Investors LLC, Jane Street Group LLC, Ironwood Investment Management LLC, Gamco Investors INC. ET AL, Texas Yale Capital Corp., Wealth Alliance Advisory Group LLC, Cerity Partners LLC, and Financial Advisory Corp UT ADV. Company insiders that have bought Braemar Hotels & Resorts stock in the last two years include Abteen Vaziri, Curtis B Mcwilliams, Mark Nunneley, Mary Candace Evans, and Stefani D Carter.
View insider buying and selling activity for Braemar Hotels & Resorts.

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 $2.69.

Braemar Hotels & Resorts has a market capitalization of $90.19 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]