Braemar Hotels & Resorts is a conservatively capitalized REIT that invests primarily in high RevPAR, full-service luxury hotels and resorts.
Fair value with mediocre balance sheet.
Share Price & News
How has Braemar Hotels & Resorts's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BHR.PRD's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BHR.PRD underperformed the US REITs industry which returned -14.8% over the past year.
Return vs Market: BHR.PRD underperformed the US Market which returned 4.1% over the past year.
Price Volatility Vs. Market
How volatile is Braemar Hotels & Resorts's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Braemar Hotels & Resorts undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BHR.PRD ($9.88) is trading below our estimate of fair value ($14.01)
Significantly Below Fair Value: BHR.PRD is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BHR.PRD is unprofitable, so we can't compare its PE Ratio to the REITs industry average.
PE vs Market: BHR.PRD is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BHR.PRD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BHR.PRD is good value based on its PB Ratio (0.2x) compared to the US REITs industry average (1.3x).
How is Braemar Hotels & Resorts forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BHR.PRD is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BHR.PRD is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BHR.PRD is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BHR.PRD's revenue (9.1% per year) is forecast to grow faster than the US market (8.9% per year).
High Growth Revenue: BHR.PRD's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BHR.PRD's Return on Equity is forecast to be high in 3 years time
How has Braemar Hotels & Resorts performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BHR.PRD is currently unprofitable.
Growing Profit Margin: BHR.PRD is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BHR.PRD is unprofitable, and losses have increased over the past 5 years at a rate of -22% per year.
Accelerating Growth: Unable to compare BHR.PRD's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BHR.PRD is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (5.3%).
Return on Equity
High ROE: BHR.PRD has a negative Return on Equity (-2.61%), as it is currently unprofitable.
How is Braemar Hotels & Resorts's financial position?
Financial Position Analysis
Short Term Liabilities: BHR.PRD's short term assets ($228.8M) exceed its short term liabilities ($95.6M).
Long Term Liabilities: BHR.PRD's short term assets ($228.8M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: BHR.PRD's debt to equity ratio (229.2%) is considered high.
Reducing Debt: BHR.PRD's debt to equity ratio has increased from 183.9% to 229.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BHR.PRD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BHR.PRD is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.5% per year.
What is Braemar Hotels & Resorts's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BHR.PRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BHR.PRD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BHR.PRD's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BHR.PRD's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BHR.PRD is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BHR.PRD's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Stockton (48yo)
Mr. Richard J. Stockton was an Independent Trustee and Lead Independent Trustee at Spirit MTA REIT since May 30, 2018. Mr. Stockton has been the Chief Executive Officer of Braemar Hotels & Resorts Inc. (fo ...
|President & CEO||3.5yrs||US$2.11m||1.24% $1.2m|
|CFO & Treasurer||5.92yrs||US$990.98k||0.49% $484.4k|
|Chief Operating Officer||2.17yrs||US$989.48k||0.096% $94.9k|
|Chief Accounting Officer||7.08yrs||US$594.60k||0.71% $707.7k|
|Manager||no data||no data||no data|
|Executive VP||no data||no data||0.065% $64.3k|
|Associate General Counsel||no data||no data||no data|
Experienced Management: BHR.PRD's management team is considered experienced (4.7 years average tenure).
|Chairman of the Board||7.08yrs||US$2.11m||1.35% $1.3m|
|Independent Director||6.5yrs||US$173.23k||0.12% $121.8k|
|Independent Director||3.75yrs||US$171.98k||0.071% $70.5k|
|Independent Director||2.58yrs||US$132.20k||0.010% $10.0k|
|Lead Independent Director||no data||US$183.98k||0.055% $54.9k|
|Independent Director||6.5yrs||US$162.98k||0.10% $101.8k|
|Independent Director||0.83yr||US$89.54k||0.0034% $3.4k|
Experienced Board: BHR.PRD's board of directors are considered experienced (5.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Braemar Hotels & Resorts, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Braemar Hotels & Resorts, Inc.
- Ticker: BHR.PRD
- Exchange: NYSE
- Founded: 2013
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$99.137m
- Market Cap: US$87.157m
- Shares outstanding: 37.55m
- Website: https://www.bhrreit.com
- Braemar Hotels & Resorts, Inc.
- 14185 Dallas Parkway
- Suite 1100
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BHR||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Nov 2013|
|42V||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Nov 2013|
|BHR.PRB||NYSE (New York Stock Exchange)||5.5 CUM CV PFD B||US||USD||May 2016|
|BHR.PRD||NYSE (New York Stock Exchange)||Pfd Ser D||US||USD||Nov 2018|
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).
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 04:24|
|End of Day Share Price||2020/05/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.