Braemar Hotels & Resorts, Inc | REIT Profile
Symbol: BHR
CIK: 1574085
Exchange: NYSE
Founded: 2014 (7 years)
HQ: Dallas, TX, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Resorts, Hotel
See BHR on Google Finance
See BHR on Yahoo Finance
See BHR on SEC.gov
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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
Stock Chart
See in Advanced Graph ViewHightlights of Trading Day February 25, 2021
Dividend of Trading Day February 25, 2021 [Dividends Currently Suspended]
Latest News Headlines
- Thu, 25 Feb 2021 21:35:46 +0000 (UTC) - - Braemar Hotels & Resorts Reports Fourth Quarter and Year End 2020 Results
- Mon, 22 Feb 2021 23:15:03 +0000 (UTC) - - Braemar Hotels & Resorts Announces Term Loan Amendment
- Tue, 26 Jan 2021 13:05:13 +0000 (UTC) - - Braemar Hotels & Resorts Announces Tax Reporting Information for 2020 Common and Preferred Share Distributions
- Thu, 10 Dec 2020 13:15:11 +0000 (UTC) - - Braemar Hotels & Resorts Declares Preferred Dividends For Fourth Quarter of 2020
- Thu, 10 Dec 2020 13:03:03 +0000 (UTC) - - Braemar Hotels & Resorts Provides Business Update
Funds From Operations (FFO)
Key Stats of Trading Day February 25, 2021
Latest REIT Community Comments on #BHR
- #BHR is focused on a strategy of investing in luxury hotels and resorts, however, some of its numbers are down during this investment phase. Braemar had comparable RevPAR for all hotels decreased by 2.0% to $234.81 during the quarter. Comparable RevPAR for all hotels not under renovation decreased by 1.4% to $250.48 during the quarter. Adjusted funds from operations (AFFO) was $0.29 per diluted share for the quarter, down from $0.34 in the previous year. Adjusted EBITDAre was $28.6 million for the quarter, down from $29.5 million in the previous year. - LLNN - 2019-11-10 11:03:24 - See full comment
- Easterly Government Properties, Inc #DEA, Getty Realty Corp - #GTY, Saul Centers, Inc. #BFS, Preferred Apartment Communities, Inc. #APTS, Kite Realty Group #KRG, Corenergy Infrastructure Trust, Inc. #CORR, Braemar Hotels & Resorts, Inc #BHR, granted some are riskier than others. - CapitalKing - 2019-06-29 15:49:04 - See full comment
- I’ve looked into #BHR (Braemar Hotels & Resorts, Inc) to add it to my portfolio, however, the weak interest rate coverage ratio of 2.14 concerns me in this cyclical hotel and tourism industry. I will give this REIT a couple more years to continue to improve its operations before I decide to invest in it. - Gekko5 - 2019-06-24 15:54:03 - See full comment
Properties Owned by BHR
Properties Based on REIT's Official Presentation
| Properties | Types | States | Countries |
|---|---|---|---|
| 13 | 1 | 7 | 1 |
Please visit REIT’s official webpage for the most up-to-date property list.
Occupancy Rate
REIT Simulation
Dividend History [Dividends Currently Suspended]
Financial Statements Overview
Balance Sheet | Quarterly
See Annual Balance Sheet | See Quarterly Balance Sheet
Income Statement | Quarterly
See Annual Income Statement | See Quarterly Income Statement
Cash Flow | Quarterly
See Annual Cash Flow | See Quarterly Cash Flow
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. | 4.1 |
| 0 | Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. | 6.1 |
| Rating | AFFO & Efficiency Section | Avg. Rating |
| 3 | AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. | 7.9 |
| 5 | Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. | 8.7 |
| Rating | Leverage Section | Avg. Rating |
| 1 | Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. | 6.2 |
| 5 | Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. | 7.8 |
| 8 | Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. | 7.8 |
| 10 | Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. | 8.6 |
| 3 | Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. | 5.0 |
| 4 | Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. | 6.7 |
| Rating | Asset & Revenue Section | Avg. Rating |
| 1 | Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. | 5.0 |
| 6 | Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. | 6.9 |
| Rating | Properties Section | Avg. Rating |
| 0 | Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. | 7.4 |
| 0 | Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. | 6.9 |
| 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 |
| 5 | Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. | 5.2 |
| 4.2 | 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.
Related REITs
| REIT | REITRating™ Score | Exchange | Market Capitalization | Sector | Country |
|---|---|---|---|---|---|
| Innsuites Hospitality Trust (IHT) | 5.1 | NYSE | Micro-Cap | Resorts Hotel | United States |
Last updated: 2021-02-26