Braemar Hotels & Resorts (BHR) Announces $0.16 Quarterly Dividend

Braemar Hotels & Resorts (NYSE:BHR) declared a quarterly dividend on Wednesday, March 13th, NASDAQ reports. Investors of record on Friday, March 29th will be paid a dividend of 0.16 per share on Monday, April 15th. This represents a $0.64 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date of this dividend is Thursday, March 28th.

Shares of BHR stock opened at $11.44 on Thursday. The firm has a market capitalization of $377.58 million, a P/E ratio of 6.96, a PEG ratio of 1.37 and a beta of 1.04. The company has a quick ratio of 4.17, a current ratio of 4.49 and a debt-to-equity ratio of 2.54. Braemar Hotels & Resorts has a 1 year low of $8.32 and a 1 year high of $13.74.

Braemar Hotels & Resorts (NYSE:BHR) last issued its earnings results on Wednesday, February 27th. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.19). Braemar Hotels & Resorts had a return on equity of 0.35% and a net margin of 0.31%. Analysts forecast that Braemar Hotels & Resorts will post 1.4 EPS for the current fiscal year.

A number of brokerages recently issued reports on BHR. Zacks Investment Research lowered Braemar Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, February 18th. ValuEngine lowered Braemar Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $14.50.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by Dakota Financial News and is the sole property of of Dakota Financial News. If you are viewing this piece on another domain, it was illegally stolen and reposted in violation of US & international copyright legislation. The original version of this piece can be accessed at

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).

Read More: What is the float in trading stocks?

Receive News & Ratings for Braemar Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braemar Hotels & Resorts and related companies with's FREE daily email newsletter.