Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. More Details
Fair value with limited growth.
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 is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: BHR's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
1 Year Return
Return vs Industry: BHR underperformed the US REITs industry which returned -7.6% over the past year.
Return vs Market: BHR underperformed the US Market which returned 22.7% over the past year.
Long-Term 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
1 month ago | Simply Wall StBraemar Hotels & Resorts, Inc. (NYSE:BHR) Analysts Are Pretty Bullish On The Stock After Recent Results
3 months ago | Simply Wall StWhat You Need To Know About Braemar Hotels & Resorts, Inc.'s (NYSE:BHR) Investor Composition
3 months ago | Simply Wall StHow Many Braemar Hotels & Resorts, Inc. (NYSE:BHR) Shares Do Institutions Own?
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 ($4.23) is trading below our estimate of fair value ($26.85)
Significantly Below Fair Value: BHR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BHR is unprofitable, so we can't compare its PE Ratio to the US REITs industry average.
PE vs Market: BHR 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's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BHR is good value based on its PB Ratio (0.5x) compared to the US REITs industry average (1.6x).
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 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: BHR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: BHR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: BHR's revenue (23.7% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: BHR's revenue (23.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BHR is forecast to be unprofitable in 3 years.
How has Braemar Hotels & Resorts performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BHR is currently unprofitable.
Growing Profit Margin: BHR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: BHR is unprofitable, and losses have increased over the past 5 years at a rate of 44.7% per year.
Accelerating Growth: Unable to compare BHR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BHR is unprofitable, making it difficult to compare its past year earnings growth to the REITs industry (2%).
Return on Equity
High ROE: BHR has a negative Return on Equity (-18.46%), as it is currently unprofitable.
How is Braemar Hotels & Resorts's financial position?
Financial Position Analysis
Short Term Liabilities: BHR's short term assets ($163.0M) exceed its short term liabilities ($71.2M).
Long Term Liabilities: BHR's short term assets ($163.0M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: BHR's debt to equity ratio (269.2%) is considered high.
Reducing Debt: BHR's debt to equity ratio has increased from 159.9% to 269.2% 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: BHR has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BHR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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'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'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's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BHR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: BHR 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'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 (49 yo)
Mr. Richard J. Stockton has been Director at Braemar Hotels & Resorts Inc. since July 28, 2020. Mr. Stockton was an Independent Trustee and Lead Independent Trustee at Spirit MTA REIT since May 30, 2018. M...
|CFO & Treasurer||6.5yrs||US$990.98k||0.45% |
|Chief Operating Officer||2.75yrs||US$989.48k||0.087% |
|Chief Accounting Officer||7.67yrs||US$594.60k||0.65% |
|Manager||no data||no data||no data|
|Executive VP||no data||no data||0.059% |
|Associate General Counsel||no data||no data||no data|
Experienced Management: BHR's management team is seasoned and experienced (5.3 years average tenure).
|Chairman of the Board||7.67yrs||US$2.11m||1.23% |
|Independent Director||7.08yrs||US$173.23k||0.14% |
|Independent Director||4.33yrs||US$171.98k||0.081% |
|Independent Director||3.17yrs||US$132.20k||0.0092% |
|Lead Independent Director||no data||US$183.98k||0.051% |
|Independent Director||7.08yrs||US$162.98k||0.13% |
|Independent Director||1.42yrs||US$89.54k||0.0031% |
Experienced Board: BHR's board of directors are considered experienced (4.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.5%.
Braemar Hotels & Resorts, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Braemar Hotels & Resorts, Inc.
- Ticker: BHR
- Exchange: NYSE
- Founded: 2013
- Industry: Hotel and Resort REITs
- Sector: Real Estate
- Implied Market Cap: US$169.676m
- Market Cap: US$153.083m
- Shares outstanding: 40.69m
- 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 real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 00:15|
|End of Day Share Price||2020/12/02 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.