Braemar Hotels & Resorts, Inc | REIT Profile

Symbol: BHR
CIK: 1574085
Exchange: NYSE
Preferred Stock: BHR-B, BHR-D
Founded: 2014 (8 years)
HQ: Dallas, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Resorts, Hotel

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See BHR on SEC.gov

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Overall Score: 5.5

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


Braemar Hotels & Resorts, Inc Company Logo

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Hightlights of Trading Day January 18, 2022


Open Price: $5.6
Closing Price: $5.62
Price Change: -0.01 (-0.178%)
Lowest Price: $5.54
Highest Price: $5.74

52-Week Low: $4.18
52-Week High: $7.45
52-Week Change: 13.05%

5 Day Price Change: 8.69%
1 Month Price Change: 25.95%
3 Month Price Change: 14.90%
6 Month Price Change: 4.07%
YTD Price Change: 10.39%
1 Year Price Change: 13.05%
2 Year Price Change: -36.88%
5 Year Price Change: -55.71%

Dividend of Trading Day January 18, 2022 [Dividends Currently Suspended]


Dividend Yield: 11.388%*
Annualized Dividend: $0.64*
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): N/A
Ex-Dividend Date: N/A
Dividend Frequency: Quarterly

REITBOT™ Alert
Dividends have been suspended for this REIT.


*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for Braemar Hotels & Resorts, Inc

Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day January 18, 2022


Total Cash: $195,517,000
Current Debt: $93,862,000
Revenue: $348,940,000
Gross Profit: $105,739,000
Total Revenue: $348,940,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $42,997,000
Revenue Per Share: $5
Revenue Per Employee: N/A
Employee: N/A
Debt to Equity Ratio (D/E): 3.94
Profit Margin: -0.20%
Enterprise Value (EV): $1,333,326,648
Enterprise Value to Revenue (EV/R): 3.82
Price to Sales (P/S): 1.02
Price to Book (P/B): 0.90
Price/Earnings-to-Growth (PEG) Ratio: -0.17
P/E Ratio: -3.77
P/E High: -41.71
P/E Low: -58.34
Forward P/E Ratio: -157.71
Market Capitalization: $362,506,950
Beta: 1.00
Latest Volume: 644,269
Avg. Total Volume: 526,528
Avg. 10-Day Volume: 636,553
Avg. 30-Day Volume: 526,528
TTM EPS: -1.49
Shares Outstanding: 64,503,016
Float: N/A
50-Day Moving Avg.: $4.92
200-Day Moving Avg.: $5.07

Latest REIT Community Comments on #BHR


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Occupancy Rate



REITBOT
REITBOT™ Alert
The 2021-Q2 occupancy rate for this REIT seems low, make sure to compare it to other REITs in the same industry.

Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $9.70 per share you would have been able to buy 103 shares of BHR on 2021-01-18 costing $999.10 @ $9.70 per share you would have been able to buy 51 shares of BHR on 2021-01-18 costing $494.70 @ $9.70 per share you would have been able to buy 25 shares of BHR on 2021-01-18 costing $242.50 @ $9.70 per share you would have been able to buy 10 shares of BHR on 2021-01-18 costing $97.00 @ $9.70 per share you would have been able to buy 5 shares of BHR on 2021-01-18 costing $48.50
Current worth On 2022-01-18 these 103 shares would be worth $578.86 @ $5.62 On 2022-01-18 these 51 shares would be worth $286.62 @ $5.62 On 2022-01-18 these 25 shares would be worth $140.50 @ $5.62 On 2022-01-18 these 10 shares would be worth $56.20 @ $5.62 On 2022-01-18 these 5 shares would be worth $28.10 @ $5.62
Dividends earned $0.00 in dividends would have been earned since 2021-01-18 with 103 shares. $0 in dividends would have been earned since 2021-01-18 with 51 shares. $0.00 in dividends would have been earned since 2021-01-18 with 25 shares. $0.00 in dividends would have been earned since 2021-01-18 with 10 shares. $0.00 in dividends would have been earned since 2021-01-18 with 51 shares.
Net (gain / loss)* -420.24 USD -208.08 USD -102.00 USD -40.80 USD -20.40 USD
ROI** -42.06% -42.06% -42.06% -42.06% -42.06%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by BHR. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
BHR 2019-12-30 0.160 --- 2019-12-05 2019-12-31 2020-01-15
BHR 2019-09-27 0.160 --- 2019-09-12 2019-09-30 2019-10-15
BHR 2019-06-27 0.160 --- 2019-06-14 2019-06-28 2019-07-15
BHR 2019-03-28 0.160 --- 2019-03-13 2019-03-29 2019-04-15
BHR 2018-12-28 0.160 --- 2018-12-10 2018-12-31 2019-01-15
BHR 2018-09-27 0.160 --- 2018-09-14 2018-09-28 2018-10-15
BHR 2018-06-28 0.160 --- 2018-06-05 2018-06-29 2018-07-16
BHR 2018-03-28 0.160 --- 2018-03-15 2018-03-30 2018-04-16
BHR 2017-12-28 0.160 --- 2017-12-11 2017-12-29 2018-01-16
BHR 2017-09-28 0.160 --- 2017-09-14 2017-09-30 2017-10-16
BHR 2017-06-28 0.160 --- 2017-06-14 2017-06-30 2017-07-17
BHR 2017-03-29 0.160 33.33% 2017-03-14 2017-03-31 2017-04-17
BHR 2016-12-28 0.120 --- 2016-12-12 2016-12-30 2017-01-17
BHR 2016-09-28 0.120 --- 2016-09-15 2016-09-30 2016-10-17
BHR 2016-06-28 0.120 20.00% 2016-06-14 2016-06-30 2016-07-15
BHR 2016-03-29 0.100 --- 2016-03-14 2016-03-31 2016-04-15
BHR 2015-12-29 0.100 --- 2015-12-10 2015-12-31 2016-01-15
BHR 2015-09-28 0.100 --- 2015-09-15 2015-09-30 2015-10-15
BHR 2015-06-26 0.100 100.00% 2015-06-15 2015-06-30 2015-07-15
BHR 2015-03-27 0.050 --- 2015-03-13 2015-03-31 2015-04-15

Financial Statements Overview


The next Earnings Report for BHR is 2022-02-24

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Current Cash 195,517,000 157,677,000 85,684,000 78,606,000
Receivables 39,617,000 42,206,000 37,200,000 26,819,000
Inventory 2,718,000 2,481,000 2,383,000 2,551,000
Current Assets 242,149,000 207,437,000 132,097,000 112,381,000
Current Assets (Other) 4,297,000 5,073,000 6,830,000 4,405,000
Short Term Investments 4,297,000 5,073,000 6,830,000 4,405,000
Long-term Investments 1,597,844,000 1,552,679,000 1,548,653,000 1,561,640,000
Property, Plant & Equipment Net 1,452,002,000 1,389,933,000 1,406,510,000 1,424,590,000
Goodwill 0 0 0 0
Intangible Assets 4,356,000 4,451,000 4,546,000 4,640,000
Other Assets 14,513,000 18,594,000 15,646,000 14,898,000
Net Tangible Assets 390,928,000 362,057,000 288,731,000 271,602,000
Total Assets 1,839,993,000 1,760,116,000 1,680,750,000 1,674,021,000
Accounts Payable 0 0 0 0
Liabilities (Other) 22,037,000 18,537,000 18,833,000 18,077,000
Current Liabilities (Other) 93,862,000 90,885,000 80,507,000 68,659,000
Total Current Liabilities 93,862,000 90,885,000 80,507,000 68,659,000
Current Long-term Debt 0 0 0 0
Long-term Debt 1,172,787,000 1,144,175,000 1,118,824,000 1,130,594,000
Total Liabilities 1,372,796,000 1,327,528,000 1,290,848,000 1,290,814,000
Minority Interest 23,234,000 13,134,000 11,827,000 12,567,000
Common Stock 59,207,000 47,820,000 39,605,000 36,688,000
Retained Earnings -303,836,000 -295,641,000 -278,445,000 -266,010,000
Treasury Stock 0 0 0 0
Capital Surplus 0 0 0 0
Shareholder Equity 467,197,000 432,588,000 389,902,000 383,207,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Total Revenue 116,177,000 97,110,000 83,848,000 51,805,000
Cost of Revenue 77,043,000 66,232,000 56,042,000 43,884,000
Gross Profit 39,134,000 30,878,000 27,806,000 7,921,000
Research and Development 0 0 0 0
Selling General and Admin 2,094,000 2,383,000 1,600,000 1,807,000
Operating Expense 115,127,000 101,084,000 88,054,000 74,392,000
Operating Income 1,050,000 -3,974,000 -4,206,000 -22,587,000
Income Expense Net (Other) 0 0 0 0
EBIT 982,000 -4,040,000 -4,270,000 -22,529,000
Interest Income -13,000 -12,000 -9,000 -11,000
Pretax Income -7,659,000 -11,303,000 -10,889,000 -34,526,000
Income Tax 560,000 61,000 145,000 216,000
Minority Interest -1,273,000 -2,131,000 -2,326,000 -4,877,000
Net Income -9,034,000 -15,537,000 -11,169,000 -32,420,000
Net Income Basic -9,034,000 -15,537,000 -11,169,000 -32,420,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-09-30 2021-06-30 2021-03-31 2020-12-31
Net Income -9,034,000 -15,537,000 -11,169,000 -32,420,000
Depreciation 18,402,000 18,382,000 18,491,000 74,205,000
Changes in Receivables 39,617,000 42,206,000 37,200,000 26,819,000
Changes in Inventories 2,718,000 2,481,000 2,383,000 2,551,000
Cash Change 195,517,000 157,677,000 85,684,000 78,606,000
Cash Flow 86,657,000 -19,543,000 -11,967,000 85,916,000
Capital Expenditures -6,755,000 -4,402,000 -4,692,000 -25,552,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -13,387,000 -5,786,000 -4,492,000 2,408,000
Dividends Paid 0 0 0 0
Net Borrowings 972,973,000 981,425,000 1,026,310,000 1,047,583,000
Cash Flow Financing 14,930,000 76,327,000 4,381,000 2,515,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

Related Information


Material Source Description
Ashford Prime Announces Rebranding To Braemar Hotels & Resorts Yahoo Finance News Braemar Hotels & Resorts, Inc. (NYSE:BHR) ("Braemar" or "the Company"), formerly Ashford Hospitality Prime, Inc. (AHP), today announced that it will change its name from Ashford Hospitality Prime to Braemar Hotels & Resorts, trading under the New York Stock Exchange ticker symbol BHR, effective before the market opens on April 24, 2018.

About Braemar Hotels & Resorts, Inc


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). Braemar's strategy is to invest primarily in full-service luxury hotels and resorts which are anticipated to generate RevPAR of at least twice the then current U.S. average RevPAR for all hotels as determined by Smith Travel Research. Braemar seeks to acquire both premium branded and independent hotels.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
9 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.5
Rating AFFO & Efficiency Section Avg. Rating
5 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.8
6 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.3
8 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.0
Rating Leverage Section Avg. Rating
3 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.1
4 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.9
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 6.2
5 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.2
Rating Properties Section Avg. Rating
0 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.1
0 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 6.4
7 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
10 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
10 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.5
5.5 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2022-01-18 - v2.9