BH Stock Summary and Trading Ideas (Biglari Holdings Class B | NYSE:BH)

Biglari Holdings Inc is a holding company that owns subsidiaries in a range of businesses. The company's reportable segments include Restaurant Operations, Insurance Operations, and Oil and Gas Operations. Its restaurant operations include Steak n Shake and Western Sizzlin. Its insurance operations include First Guard, Southern Pioneer, and Biglari Reinsurance. Oil and gas operations include Southern Oil and Abraxas Petroleum. The company also reports segment information for Maxim. The majority of revenue is derived from the Restaurant Operations Segment.

Biglari Holdings Class B trades on the NYSE stock market under the symbol BH.

As of September 18, 2026, BH stock price declined to $345.34 with 110,341 million shares trading.

BH has a beta of 0.44, meaning it tends to be less sensitive to market movements. BH has a correlation of 0.01 to the broad based SPY ETF.

BH has a market cap of $1.10 billion. This is considered a Small Cap stock.

In the last 3 years, BH traded as high as $483.60 and as low as $137.01.

The top ETF exchange traded funds that BH belongs to (by Net Assets): VTI, IWM, DFAT, DFMC, VXF.

BH has underperformed the market in the last year with a price return of +11.5% while the SPY ETF gained +16.8%. However, in the short term, BH had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.8% vs +2.3% return in SPY. But in the last 2 weeks, BH shares have been beat by the market, returning -10.0% compared to an SPY return of -0.9%.

BH support price is $342.09 and resistance is $363.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BH shares will trade within this expected range on the day.