Braemar Hotels & Resorts (BHR) Expected to Announce Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR - Get Free Report) is expected to be issuing its quarterly earnings data 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 interested in listening to the company's conference call can do so using this link.

Braemar Hotels & Resorts Price Performance

BHR stock traded down $0.02 during trading on Friday, hitting $2.59. The company had a trading volume of 144,612 shares, compared to its average volume of 159,441. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 4.44. The business has a 50 day moving average of $2.79 and a 200 day moving average of $3.03. Braemar Hotels & Resorts has a fifty-two week low of $1.79 and a fifty-two week high of $3.95. The firm has a market capitalization of $172.22 million, a price-to-earnings ratio of -3.36 and a beta of 2.05.

Braemar Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Monday, March 31st. Braemar Hotels & Resorts's dividend payout ratio (DPR) is presently -25.97%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded 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).