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 (WHO). Since then, BHR stock has decreased by 42.1% and is now trading at $2.53.
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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."
View analyst ratings for Braemar Hotels & Resorts.

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) issued its quarterly earnings results on Thursday, July, 30th. The company reported ($1.41) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.53) by $0.88. The business had revenue of $12.90 million for the quarter, compared to analyst estimates of $16.47 million. Braemar Hotels & Resorts had a negative net margin of 13.71% and a negative return on equity of 14.83%.
View Braemar Hotels & Resorts' earnings history.

Braemar Hotels & Resorts announced 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 dividend on an annualized basis and a dividend yield of 25.30%. 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 1-year target prices 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 twelve months. This suggests a possible upside of 107.5% from the stock's current price.
View analysts' price targets for Braemar Hotels & Resorts.

Braemar Hotels & Resorts saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 499,600 shares, a decline of 11.5% from the August 31st total of 564,600 shares. Based on an average daily volume of 624,900 shares, the short-interest ratio is presently 0.8 days. Currently, 1.8% of the shares of the company are sold short.
View Braemar Hotels & Resorts' Short Interest.

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

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 shareholders 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 acquired 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 $2.53.

Braemar Hotels & Resorts has a market capitalization of $84.83 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]