Braemar Hotels & Resorts (BHR) Set to Announce Quarterly Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR) 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. Parties interested in participating in the company’s conference call can do so using this link.

Braemar Hotels & Resorts Stock Performance

NYSE BHR opened at $2.62 on Monday. The business’s 50-day moving average price is $2.23 and its 200 day moving average price is $2.32. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 3.93. Braemar Hotels & Resorts has a twelve month low of $1.79 and a twelve month high of $4.37. The company has a market capitalization of $174.18 million, a PE ratio of -2.34 and a beta of 2.02.

Braemar Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date of this dividend is Friday, June 28th. Braemar Hotels & Resorts’s dividend payout ratio is currently -17.86%.

Analyst Ratings Changes

Separately, B. Riley lowered their target price on shares of Braemar Hotels & Resorts from $3.00 to $2.50 and set a “neutral” rating for the company in a report 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).