Braemar Hotels & Resorts (NYSE:BHR) is scheduled to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.44 per share for the quarter.
Braemar Hotels & Resorts (NYSE:BHR) last released its quarterly earnings data on Wednesday, May 1st. The company reported ($0.11) EPS for the quarter, missing the Zacks’ consensus estimate of $0.38 by ($0.49). Braemar Hotels & Resorts had a negative return on equity of 0.97% and a negative net margin of 0.80%. The company had revenue of $128.51 million for the quarter, compared to the consensus estimate of $120.97 million. On average, analysts expect Braemar Hotels & Resorts to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
BHR stock opened at $9.29 on Tuesday. The company has a debt-to-equity ratio of 2.96, a quick ratio of 2.75 and a current ratio of 2.75. The stock’s fifty day moving average is $9.61. Braemar Hotels & Resorts has a one year low of $8.32 and a one year high of $14.03. The company has a market capitalization of $303.15 million, a PE ratio of 5.99 and a beta of 1.15.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were given a dividend of $0.16 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.64 dividend on an annualized basis and a yield of 6.89%. Braemar Hotels & Resorts’s dividend payout ratio (DPR) is 41.29%.
A number of equities analysts have commented on BHR shares. ValuEngine raised shares of YPF from a “sell” rating to a “hold” rating in a research report on Monday, June 24th. B. Riley lifted their price objective on shares of One Liberty Properties from $27.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 10th. Finally, Zacks Investment Research cut shares of Eisai from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 24th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $14.50.
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).
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