BHR · NYSE · REIT - Hotel & Motel

Braemar Hotels & Resorts

Owns high-RevPAR luxury hotels and resorts in the United States and Caribbean.

$2.03
After-hours close−0.01 (−0.49%)
At close$2.04(−1.45%)
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Profile

Braemar Hotels & Resorts Inc.BHRReal Estate

Owns luxury urban hotels and resorts, earning income from a high-RevPAR portfolio in the United States and Caribbean. Its operating model is transitioning from external Ashford management to planned self-management.

Owns a portfolio of luxury urban hotels and resorts, including Capital Hilton, Sofitel Chicago Magnificent Mile, Pier House Resort & Spa, The Notary Hotel, Bardessono Hotel and Spa, Hotel Yountville, and The Ritz-Carlton St. Thomas. These assets concentrate on high-RevPAR properties across urban and resort destinations in the United States and Caribbean.

Investment strategy and day-to-day operations were handled by Ashford Hospitality Advisors under the historical external-advisory model. A board-approved plan calls for ending the advisory agreement and directly employing management, but the self-management transition remains announced rather than completed.

Company facts

CEORichard J. Stockton
ListedNov 20, 2013
ExchangeNYSE
HeadquartersDallas, TX
CountryUnited States
Employees116
CIK0001574085
ISINUS10482B1017

Key statistics

Market cap$139.4M
EPS (ttm)−$0.1762
P/E (ttm)−11.52
ROE-0.7%
P/B0.3023
P/S0.2023
Dividend yield4.93%
Beta0.68vs XLRE 0.56

Year to date −28.7% · Average volume (30d) 342.6K

Analysts

Price target, next 12 months$2.50+23.2%Median of 7 analysts · vs the Aug 28 close
ConsensusHold2 of 7 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior targetTarget
Jul 28, 2026Robert W. BairdTarget$2$2.50
Jun 15, 2026Robert W. BairdTarget$2

Earnings

EPS

Estimate−$0.71
ReportedDue Nov 3, 2026

Revenue

Estimate$101.4M
ReportedDue Nov 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 5, 2026Q2 FY26−$0.44−$0.01+97.7%$166.2M$171.0M+2.9%+3.41%
May 6, 2026Q1 FY26$0.30$0.52+73.3%$209.0M$209.0M0.0%+7.42%
Feb 26, 2026Q4 FY25−$0.51−$0.67−31.4%$147.2M$165.6M+12.5%−5.21%
Nov 4, 2025Q3 FY25−$0.11−$0.19−72.7%$147.2M$143.6M−2.5%+3.20%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$215.8M$179.1M$143.6M$165.6M$209.0M$171.0M
Gross profit$80.1M$46.1M$15.8M−$7.3M$29.3M$3.5M
Operating income$36.7M$17.9M$29.8M$468.0K$39.9M$13.2M
Net income$11.0M−$5.5M$5.7M−$33.6M$17.7M$7.0M
Diluted EPS−$0.04−$0.24$0.08−$0.46$0.21−$0.01
Gross margin37.1%25.8%11.0%-4.4%14.0%2.0%
Operating margin17.0%10.0%20.8%0.3%19.1%7.7%

Fiscal years (4-quarter sums)FY21 $427.5M · FY22 $669.6M · FY23 $739.3M · FY24 $728.4M · FY25 $704.0M

Revenue by product · Q2 FY26

Hotel$171.0M · 50%
Occupancy$102.2M · 30%
Food And Beverage$45.3M · 13%
Hotel, Other$23.5M · 7%

Revenue by geography · Q2 FY26

Florida$36.6M · 22%
Virgin Islands, US$25.3M · 15%
California$22.7M · 13%
Puerto RICO$21.0M · 12%
District of Columbia$19.2M · 11%
Arizona$18.6M · 11%
Pennsylvania$12.7M · 8%
Illinois$12.3M · 7%

Balance sheet, Jun 30, 2026Cash & short-term investments $97.7M · Total debt $801.1M · Total assets $1.66B · Shareholders' equity $461.2M

Dividends

Next ex-date
Annual dividend
$0.10
per share
Dividend yield
4.93%
Schedule
Quarterly
4 payments a year

Raised for 3 straight years — most recently to $0.05 from $0.01 in Dec 2022.

History

Ex-dateRecordPaidAmountNote
Dec 31, 2025Dec 31Jan 15$0.05
Sep 30, 2025Sep 30Oct 15$0.05
Jun 30, 2025Jun 30Jul 15$0.05
Mar 31, 2025Mar 31Apr 15$0.05
Dec 31, 2024Dec 31Jan 15$0.05
Sep 30, 2024Sep 30Oct 15$0.05
Jun 28, 2024Jun 28Jul 15$0.05
Mar 27, 2024Mar 28Apr 15$0.05
View details

Ownership

Institutions 49.30%33.86M sharesInsiders 2.31%1.59M sharesOther 48.39%33.23M shares

Shares outstanding 68.68M · Float 52.38M · 76.3% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.8.35M12.16%13FMay 13, 2026
Al Shams Investments LTD6.51M9.55%13DJul 23, 2026
Vandewater Capital Holdings, LLC4.74M6.90%13DDec 23, 2025
Vanguard Capital Management LLC2.75M4.01%13FMay 15, 2026
Anson Funds Management LP1.81M2.63%13FMay 19, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

CompareAfter-hours close

CompanyPriceChange
Braemar Hotels & Resorts$2.03−0.49%$139.4M0.2−4.5%
Host Hotels & Resorts$22.40+0.63%$15.26B15.222.32.5+3.4%
Pebblebrook Hotel Trust$18.49−0.05%$2.09B1.4−0.1%
Xenia Hotels & Resorts$19.62+0.87%$1.80B38.11.6+2.8%
Park Hotels & Resorts$15.83−0.09%$3.19B28.11.3+1.2%
Sunstone Hotel Investors$11.33−0.13%$2.11B46.052.52.1+6.7%
Median30.633.11.6+2.8%