Braemar Hotels & Resorts (NYSE:BHR) – Analysts at B. Riley dropped their Q1 2021 EPS estimates for Braemar Hotels & Resorts in a research report issued on Tuesday, March 24th. B. Riley analyst B. Maher now expects that the company will post earnings of $0.42 per share for the quarter, down from their previous forecast of $0.44. B. Riley currently has a “Buy” rating and a $7.00 target price on the stock.

Other analysts have also issued reports about the company. DA Davidson lowered Braemar Hotels & Resorts from a “buy” rating to a “neutral” rating in a report on Tuesday, March 10th. ValuEngine cut Braemar Hotels & Resorts from a “sell” rating to a “strong sell” rating in a research report on Tuesday, March 17th. Finally, Zacks Investment Research raised Braemar Hotels & Resorts from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Braemar Hotels & Resorts presently has an average rating of “Hold” and a consensus price target of $11.33.

NYSE BHR opened at $1.70 on Thursday. The stock has a market capitalization of $48.99 million, a price-to-earnings ratio of -5.00 and a beta of 1.18. Braemar Hotels & Resorts has a twelve month low of $1.14 and a twelve month high of $14.03. The company has a current ratio of 1.78, a quick ratio of 1.78 and a debt-to-equity ratio of 3.11. The stock has a 50-day moving average of $6.01 and a 200 day moving average of $8.41.

Braemar Hotels & Resorts (NYSE:BHR) last posted its earnings results on Wednesday, February 26th. The company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.15. Braemar Hotels & Resorts had a return on equity of 0.10% and a net margin of 0.08%. The firm had revenue of $121.70 million for the quarter, compared to analysts’ expectations of $116.92 million.

Hedge funds and other institutional investors have recently made changes to their positions in the company. CWM LLC acquired a new position in shares of Braemar Hotels & Resorts during the 4th quarter worth about $27,000. Nisa Investment Advisors LLC lifted its position in shares of Braemar Hotels & Resorts by 36.6% in the fourth quarter. Nisa Investment Advisors LLC now owns 5,716 shares of the company’s stock valued at $51,000 after acquiring an additional 1,530 shares in the last quarter. State of Alaska Department of Revenue boosted its stake in shares of Braemar Hotels & Resorts by 246.2% in the fourth quarter. State of Alaska Department of Revenue now owns 8,499 shares of the company’s stock worth $75,000 after acquiring an additional 6,044 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of Braemar Hotels & Resorts in the fourth quarter worth approximately $87,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Braemar Hotels & Resorts during the fourth quarter worth approximately $94,000. Institutional investors and hedge funds own 71.32% of the company’s stock.

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).

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Earnings History and Estimates for Braemar Hotels & Resorts (NYSE:BHR)

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