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

Braemar Hotels & Resorts (NYSE:BHR) is expected to be releasing its earnings data 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 interested in listening to the company’s earnings conference call can do so using this link.

Braemar Hotels & Resorts Price Performance

BHR opened at $2.59 on Monday. The company has a fifty day moving average price of $2.79 and a two-hundred day moving average price of $3.03. The firm has a market capitalization of $172.22 million, a PE ratio of -3.36 and a beta of 2.05. Braemar Hotels & Resorts has a 52 week low of $1.79 and a 52 week high of $3.95. The company has a debt-to-equity ratio of 4.44, a quick ratio of 2.20 and a current ratio of 2.20.

Braemar Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors 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 dividend on an annualized basis and a dividend yield of 7.72%. Braemar Hotels & Resorts’s dividend payout ratio (DPR) is presently -25.97%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised 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).