Braemar Hotels & Resorts (BHR) Projected to Post Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Braemar Hotels & Resorts to post earnings of ($0.33) per share and revenue of $163.10 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Braemar Hotels & Resorts Trading Down 0.8 %

Shares of Braemar Hotels & Resorts stock opened at $2.59 on Monday. The stock has a market cap of $172.22 million, a P/E ratio of -3.36 and a beta of 2.05. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 4.44. Braemar Hotels & Resorts has a 12-month low of $1.79 and a 12-month high of $3.95. The business’s 50 day moving average is $2.79 and its 200-day moving average is $3.03.

Braemar Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.05 per share. The ex-dividend date is Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 7.72%. Braemar Hotels & Resorts’s dividend payout ratio is presently -25.97%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Braemar Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, November 7th.

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).