StockNews.com upgraded shares of Braemar Hotels & Resorts (NYSE:BHR – Free Report) from a sell rating to a hold rating in a research note issued to investors on Saturday morning.
Braemar Hotels & Resorts Price Performance
Shares of NYSE BHR opened at $3.08 on Friday. Braemar Hotels & Resorts has a fifty-two week low of $1.79 and a fifty-two week high of $3.95. The business has a 50 day moving average price of $3.07 and a two-hundred day moving average price of $2.94. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 4.18. The firm has a market cap of $204.75 million, a PE ratio of -2.75 and a beta of 1.99.
Braemar Hotels & Resorts Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a $0.05 dividend. The ex-dividend date is Tuesday, December 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.49%. Braemar Hotels & Resorts’s dividend payout ratio (DPR) is presently -17.86%.
Institutional Trading of Braemar Hotels & Resorts
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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