When investors consider the vast universe of real estate investment trust (REIT) stocks they can purchase, it’s always difficult to make well-informed decisions. So it’s always comforting to know that professional analysts who have studied all of the matrices and news of a particular company support your choices. Analyst ratings also assist investors by pointing out which REITs have the highest potential upside from current prices. Here are three REIT stocks with the highest upside predictions from analysts in the past 30 days, including one with a tremendous upside of 236%: Braemar Hotels & Resorts Inc. (NYSE: BHR ) is a Dallas-based REIT that invests in hotels and luxury resorts across the U.S. from California to Pennsylvania and in Puerto Rico. Braemar was recently upgraded by Deutsche Bank AG analyst Chris Woronka to $17 from $16 per share. With Braemar recently at $5.05 that represents a huge potential gain of 236%. Refinitiv/Verus also recently upgraded Braemar from Hold to Buy but with no price target given.
Braemar Hotels & Resorts declares $0.01 dividendBraemar Hotels & Resorts declares $0.01 dividend
https://www.investing.com/news/pro/braemar-hotels-pt-raised-to-12-at-briley-432SI-2872615
Braemar Hotels & Resorts Inc. (NYSE:NYSE:BHR) Q2 2022 Earnings Conference Call August 04, 2022 11:00 AM ET Company Participants Jordan Jennings - Manager of IR Richard Stockton -…
Braemar Hotels & Resorts (BHR) is scheduled to announce Q2 earnings results on Wednesday, August 3rd, after market close.The consensus EPS Estimate is $0.05 and the consensus…
Braemar Hotels & Resorts (BHR) reported Thursday that second quarter''s occupancy is expected at 71%.Average daily rate for the quarter is estimated to ~$442 resulting in RevPAR…
Braemar Hotels & Resorts 8.25 % Cum Pfd Registered Shs Series -D (NYSE:BHR.PD) declares $0.5156/share quarterly dividend, in line with previous.Forward yield 8.15%Payable Oct.
Braemar Hotels & Resorts 5.5 % Cum Conv Pfd Registered Shs Series -B- (NYSE:BHR.PB) declares $0.3438/share quarterly dividend, in line with previous.Forward yield 8.6%Payable Oct.
Braemar Hotels & Resorts (NYSE:BHR) had declared $0.01/share quarterly dividend, in line with previous.Payable July 15; for shareholders of record June 30; ex-div June 29.See BHR…
Braemar Hotels & Resorts (BHR) declares $0.01/share quarterly dividend, in line with previous.Forward yield 0.67%Payable July 15; for shareholders of record June 30; ex-div June 29.See…
DALLAS, June 1, 2022 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per diluted share for the Company''s common stock for the second quarter ending June 30, 2022….
Braemar Hotels & Resorts REIT has been hurt by the pandemic, but has recently showed signs of recovery. I estimate BHR to be undervalued by 38.7%. Read more about BHR stock here.
DALLAS, July 6, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") reported today preliminary RevPAR of approximately $211.43 for June 2021, representing an approximate increase of 366% versus June 2020 and a decline of 15% versus June 2019. This
Braemar Hotels & Resorts Inc. found using ticker (BHR) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 13 and 7 with a mean TP of 10.5. With the stocks previous close at 6.24 this indicates there is a potential upside of 68.3%. The day 50 moving average is 6.12 and the 200 moving average now moves to 5.91. The market cap for the company is $308m. Find out more information at: /> [stock_market_widget type="chart" symbol="BHR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. This article Braemar Hotels & Resorts Inc. Consensus Indicates Potential 68.3% Upside first appeared on DirectorsTalk Interviews .
Braemar Hotels & Resorts joins Russell indexes - Hotel Business | Hotel Business Braemar Hotels & Resorts Inc., a real estate investment trust (REIT) focused on investing in luxury hotels and resorts, has been added to the U.S. small-cap Russell 2000 Index, the U.S. broad-market Russell 3000 Index and the Russell Microcap Index, as part of the Russell indexes annual reconstitution. We are pleased to be added to [] Braemar Hotels & Resorts joins Russell indexes - Hotel Business appeared first on Hotel Business | Hotel Business - The leading source of hospitality news for owners, developers, designers, brokers, brands, management companies, lenders, REITs & asset managers.
DALLAS, June 28, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) (the "Company" or "Braemar"), announced today that the Company will be added to the U.S. small-cap Russell 2000® Index, the U.S. broad-market Russell 3000® Index, and the Russell Microcap® Index, as part of
Braemar Hotels & Resorts Inc. found using ticker (BHR) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The target price ranges between 13 and 7 calculating the average target price we see 10.25. Given that the stocks previous close was at 6.46 this indicates there is a potential upside of 58.7%. The day 50 moving average is 6.25 and the 200 day moving average is 5.74. The market cap for the company is $321m. Find out more information at: /> [stock_market_widget type="chart" symbol="BHR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. This article Braemar Hotels & Resorts Inc. Consensus Indicates Potential 58.7% Upside first appeared on DirectorsTalk Interviews .
DALLAS , June 10, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR ) ("Braemar" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.3438 per diluted share for the Company''s 5.5% Series B Cumulative Convertible Preferred Stock for the second quarter ending June 30 , 2021. The dividend, which equates to an annual rate of $1.375 per share, is payable on July 15, 2021 , to shareholders of record as of June 30, 2021 . The Company also announced that its Board declared a quarterly cash dividend of $0.5156 per diluted share for the Company''s 8.25% Series D Cumulative Preferred Stock for the second quarter ending June 30 , 2021. The dividend, which equates to an annual rate of $2.0625 per share, is payable on July 15, 2021 , to shareholders of record as of June 30, 2021 . Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Certain statements and assumptions in this press release contain or are based upon
DALLAS , June 7, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR ) ("Braemar" or the "Company") today announced that Company executives are scheduled to present to the investment community at Nareit''s REITweek 2021 Virtual Investor Conference, on Thursday, June 10, 2021 , at 9:45 a.m. Eastern Time . To access the Company''s live presentation, please complete the complimentary registration for the conference at the following link: 2021 Nareit REITweek Investor Conference Registration An on-demand recording will be available in the REITweek virtual environment for the remainder of the conference. For assistance with registering, please contact member@nareit.com . Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
DALLAS , June 7, 2021 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR ) ("Braemar" or the "Company") today announced that Company executives are scheduled to present to the investment community at Nareit's REITweek 2021 Virtual Investor Conference, on Thursday, June 10, 2021 , at 9:45 a.m. Eastern Time . To access the Company's live presentation, please complete the complimentary registration for the conference at the following link: 2021 Nareit REITweek Investor Conference Registration An on-demand recording will be available in the REITweek virtual environment for the remainder of the conference. For assistance with registering, please contact member@nareit.com . Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Braemar Hotels & Resorts Inc. found using ticker (BHR) now have 4 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 13 and 7 calculating the average target price we see 10.25. With the stocks previous close at 6.03 this is indicating there is a potential upside of 70.0%. The 50 day MA is 6.16 and the 200 day MA is 5.66. The market capitalisation for the company is $295m. Find out more information at: /> [stock_market_widget type="chart" symbol="BHR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. This article Braemar Hotels & Resorts Inc. Consensus Indicates Potential 70.0% Upside first appeared on DirectorsTalk Interviews .
Today''s Headlines: Blackstone, Starwood Capital Raise Offer To Buy Extended Stay America; CEO of Pandox Dies; Europe''s Hotel Construction Increases; Hilton Reaches 93% Occupancy at US Hotels; Braemar Hotels & Resorts To Acquire Mr. C Beverly Hills Hotel
DALLAS , June 1, 2021 /PRNewswire/ -- Acquisition Highlights: Luxury hotel ideally located in close proximity to high-end shopping on Rodeo Drive and business demand from Century City and Culver City . The Company will issue 2.5 million units in its Operating Partnership ("OP units") and 500,000 warrants to the seller as part of the consideration for this acquisition, in addition to $30 million of cash (the majority of which will be used to paydown existing debt). Attractive price per key of $474,000 for fee simple ownership of a luxury hotel. Revenue per available room (RevPAR) of $251.14 for the 12 months ended December 31, 2019 . Remington will take over hotel management post-acquisition. The acquisition also includes five luxury condominium residences. Braemar Hotels & Resorts Inc. (NYSE: BHR ) ("Braemar" or the "Company") today announced it has entered into a definitive agreement to acquire the 138-room Mr. C Beverly Hills Hotel in Los Angeles, California (the "Mr. C" or the "Property").
VANCOUVER, BC, May 31, 2021 /CNW/ - Trading resumes in: Company: Green Impact Partners Inc. FORMERLY: Blackheath Resources Inc. TSX-Venture Symbol: GIP FORMERLY:
Braemar Hotels & Resorts Inc. with ticker code (BHR) now have 4 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 13 and 7 and has a mean target at 10.25. Now with the previous closing price of 6.02 this now indicates there is a potential upside of 70.3%. The day 50 moving average is 6.14 and the 200 moving average now moves to 5.57. The company has a market capitalisation of $300m. Find out more information at: /> [stock_market_widget type="chart" symbol="BHR" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. This article Braemar Hotels & Resorts Inc. Consensus Indicates Potential 70.3% Upside first appeared on DirectorsTalk Interviews .
Braemar Hotels & Resorts Inc (BHR) shares closed today 10.1% higher than it did at the end of yesterday. The stock is currently up 21.0% year-to-date, up 142.6% over the past 12 months, and down 49.1% over the past five years. Today, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.5%. Trading Activity Shares traded as high as $7.10 and as low as $5.00 this week.Shares closed 3e+1% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 133.0% higher than the 10-day average and 214.5% higher than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.6. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold.The stock closed at 11.1% lower than its 5-day moving average, 11.3% lower than its 20-day moving average, and 7.3% lower than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 56.2% The company's stock price performance over the past 12 months beats the peer average by 214.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Braemar Hotels & Resorts Inc (BHR) shares closed today 24.8% lower than it did at the end of yesterday. The stock is currently up 46.2% year-to-date, up 179.7% over the past 12 months, and down 40.3% over the past five years. Today, the Dow Jones Industrial Average fell 2.0%, and the S&P 500 fell 2.1%. Trading Activity Shares traded as high as $7.24 and as low as $6.65 this week.Shares closed 3e+1% below its 52-week high and 2e+2% above its 52-week low.Trading volume this week was 60.4% lower than the 10-day average and 52.9% lower than the 30-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price lags the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis The company share price lags the performance of its peers in the Financials industry sector today, beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 339.7% The company's stock price performance over the past 12 months beats the peer average by 342.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Braemar Hotels & Resorts announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Braemar Hotels & Resorts, Inc. was one of the Benzinga Global Small-Cap Conference sponsors on December 8-9, 2020. The information contained in this article in no way represents investment advice or opinion on the part of Benzinga or its writers and is intended for informational purposes only. Real estate investment trusts (REITs) have always been an attractive investment for their tax benefits, portfolio diversification, and their tendency for above-average dividend yields. Much like every industry, however, COVID-19 impacted REITs creating significant uncertainties, especially to hotels and resorts. The current health emergency launched the global hospitality industry into unfamiliar territory and disrupted the market’s perception and economic growth. While undoubtedly 2020 was a slow year, with vaccines starting to roll out more broadly in 2021, things are slowly taking off. In fact, Braemar Hotels & Resorts, Inc. (NYSE: BHR ), a real estate investment trust (REIT) company focused on investing in luxury hotels and resorts, has seen improvement sentiments with its stocks showing promising trading signs since the beginning of the year.
Wall Street brokerages forecast that Braemar Hotels & Resorts (NYSE:BHR) will announce ($0.40) earnings per share (EPS) for the current quarter, Zacks reports. Four analysts have provided estimates for Braemar Hotels & Resorts’ earnings, with estimates ranging from ($0.66) to ($0.23). Braemar Hotels & Resorts posted earnings per share of $0.29 during the same quarter […]
Braemar Hotels & Resorts (NYSE:BHR) had its price objective decreased by research analysts at Robert W. Baird from $6.00 to $5.00 in a research note issued to investors on Monday, AnalystRatings.net reports. The firm currently has a “neutral” rating on the stock. Robert W. Baird’s price objective would suggest a potential upside of 110.97% from […]
Braemar Hotels & Resorts (NYSE:BHR) had its price objective cut by Robert W. Baird from $6.00 to $5.00 in a research report released on Monday, Analyst Ratings Network reports. They currently have a neutral rating on the stock. Several other research firms have also recently commented on BHR. ValuEngine upgraded Braemar Hotels & Resorts from […]
Braemar Hotels & Resorts (NYSE:BHR) had its price target cut by Robert W. Baird from $6.00 to $5.00 in a report released on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Robert W. Baird’s price target would suggest a potential upside of 107.47% from the company’s current price. BHR has […]
NEWS RELEASE … | June 11, 2020
Final earnings conference call transcript of Braemar Hotels & Resorts Inc. - BHR stock
The largest recipient of COVID-19 bailout loans, Trump campaign donor Monty Bennett, announced Saturday he would return all money received through the Paycheck Protection Program. Business Insider recently reported that Bennett won the money after contributing significantly to Trump's re-election, and spent $50,000 to hire two of Trump's fundraisers to lobby the administration for bailout money. This is a developing story. Visit Business Insider's homepage for more stories . The hotel conglomerate run by a major campaign donor to President Donald Trump, Monty Bennett, announced Saturday it would return all the money it received through the Paycheck Protection Program. "The Ashford Group of Companies announced today that all of its companies, including Ashford Inc. (NYSE American: AINC), Ashford Hospitality Trust, Inc. (NYSE: AHT ) ("Ashford Trust"), and Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), will return all funds provided by the Small Business Administration's ("SBA") Paycheck Protection Program ("PPP") due to the agency's recently changed rules and inconsistent federal guidance that put the companies at compliance risk," Bennett's companies said in a statement emailed to investors.
A group of companies controlled by Monty Bennett received at least $58 million in loans under the Paycheck Protection Program, the most of any recipient. While some public companies have returned their PPP funds following backlash, Bennett's companies have announced they would be keeping the money. "Without the PPP program, no other programs exist to help larger hotel ownership companies survive the crisis and bring their employees back to work. We believe it is just as important to bring employees back to work at larger companies like AHT and BHR as it is at smaller companies," Bennett's companies wrote in a statement posted to Ashford Hospitality Trust's website on Saturday. Here's everything else we know. Visit Business Insider's homepage for more stories . Backlash has grown over the last week as news has broken that major public companies including Shake Shack and Ruth's Chris Steak House received and later returned millions of dollars under the Paycheck Protection Program. But the biggest overall recipient of funds under the program has been a group of hotel companies controlled by Monty Bennett, which together received at least $58 million in loans.
A report by S&P Global Market Intelligence found that 134 publicly traded companies got access to $550.6 million of loans available to "small businesses" via the federal stimulus package. Ashford Hospitality Trust claimed the largest Paycheck Protection Program (PPP) loan, of $30.1 million, followed by Meritage Hospitality Group, which claimed $29.1 million. The PPP program's $349 billion of aid for small businesses was exhausted by April 16, less than two weeks after it was rolled out. Visit Business Insider's homepage for more stories . A new report released by S&P Global Market Intelligence found that 134 publicly traded companies got access to $550.6 million of federal stimulus loans for small business. The report noted that Sen. Marco Rubio responded with a statement that his congressional committee would use subpoena power to conduct "aggressive oversight" of borrowers' certifications. In addition, the report stated that on April 23, "the Treasury Department updated a guidance document to suggest that big public companies are unlikely to qualify for the loans." Ashford Hospitality Trust claimed the largest PPP loan, of $30.1 million, followed by Meritage Hospitality Group, which claimed $29.1 million.
Three lodging companies chaired by hotel executive Monty Bennett have received $59 million in Paycheck Protection Program (PPP) coronavirus relief funds intended for small businesses, the Wall Street Journal reported , effectively making Bennett the biggest winner in the small-business bailout. On April 16, the PPP's $349 billion fund dried up with thousands of loan requests still pending. A provision in the PPP allows hospitality and restaurant companies with multiple locations to apply for loans as long as each location has 500 employees or less. While the travel and hospitality industries have been most impacted by the coronavirus pandemic, larger companies have received backlash for accepting millions of dollars in loans before smaller, independent businesses could receive relief. The House is expected to vote on a bill today that will provide an additional $320 billion for the PPP. Visit Business Insider's homepage for more stories . A real-estate investment firm that invests in luxury hotel properties — including the Ritz-Carlton in St.
NEWS RELEASE … | February 27, 2020
DALLAS, Dec. 2, 2019 /PRNewswire/ -- Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") announced today that it had reopened its 180-room Ritz-Carlton St. Thomas hotel (the "Property") as planned on November 22nd. The Property, which had been operating with minimal…
Several analysts have recently updated their ratings and price targets for Braemar Hotels & Resorts (NYSE: BHR): 11/6/2019 – Braemar Hotels & Resorts had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $17.00 price target on the stock. 11/1/2019 – Braemar Hotels & Resorts was downgraded by analysts at […]
NEWS RELEASE … | October 30, 2019
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of -8.70% and -4.84%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Braemar Hotels & Resorts, Inc. (BHR) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
BHR earnings call for the period ending March 31, 2019.
Braemar Hotels & Resorts (BHR) delivered FFO and revenue surprises of 7.32% and 6.24%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?