Braemar Hotels & Resorts (BHR) to Release Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.33) per share and revenue of $163.10 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Braemar Hotels & Resorts Trading Up 1.7 %

Shares of NYSE:BHR opened at $2.63 on Tuesday. The company has a debt-to-equity ratio of 4.44, a quick ratio of 2.20 and a current ratio of 2.20. The company has a 50-day simple moving average of $2.78 and a 200 day simple moving average of $3.03. Braemar Hotels & Resorts has a 52-week low of $1.79 and a 52-week high of $3.95. The company has a market capitalization of $174.62 million, a P/E ratio of -3.41 and a beta of 2.05.

Braemar Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 7.62%. The ex-dividend date of this dividend is Monday, March 31st. Braemar Hotels & Resorts’s dividend payout ratio is presently -25.97%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of Braemar Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday, November 7th.

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).