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

Braemar Hotels & Resorts (NYSE:BHR) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Braemar Hotels & Resorts to post earnings of $0.31 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Braemar Hotels & Resorts Trading Up 1.6 %

Shares of BHR opened at $2.62 on Monday. The stock’s 50-day moving average price is $2.23 and its 200 day moving average price is $2.32. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 3.93. Braemar Hotels & Resorts has a 12-month low of $1.79 and a 12-month high of $4.37. The firm has a market capitalization of $174.18 million, a price-to-earnings ratio of -2.34 and a beta of 2.02.

Braemar Hotels & Resorts Announces Dividend

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

Wall Street Analyst Weigh In

Separately, B. Riley decreased their price target on shares of Braemar Hotels & Resorts from $3.00 to $2.50 and set a “neutral” rating on the stock in a research note on Monday, March 18th.

Braemar Hotels & Resorts Company Profile

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).