24-Apr-2024
Costar Group in real estate gainers, Blackstone Mortgage Trust in losers
Seeking Alpha News (Wed, 24-Apr 12:00 PM ET)
Braemar Hotels & Resorts, Franklin Street in real estate gainers; Comstock in losers
Seeking Alpha News (Tue, 23-Apr 12:00 PM ET)
PRNewswire (Thu, 11-Apr 4:25 PM ET)
BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE SECOND QUARTER OF 2024
PRNewswire (Wed, 10-Apr 8:00 AM ET)
Blackwells Files Definitive Proxy Statement for Braemar Hotels & Resorts Inc.'s 2024 Annual Meeting
Globe Newswire (Wed, 10-Apr 7:30 AM ET)
BRAEMAR HOTELS & RESORTS SETS FIRST QUARTER EARNINGS RELEASE AND CONFERENCE CALL DATES
PRNewswire (Tue, 26-Mar 2:30 PM ET)
PRNewswire (Mon, 25-Mar 8:00 AM ET)
BRAEMAR HOTELS & RESORTS COMPLETES NEW FINANCING FOR THE RITZ-CARLTON RESERVE DORADO BEACH
PRNewswire (Mon, 11-Mar 8:00 AM ET)
BRAEMAR HOTELS & RESORTS PROVIDES UPDATE ON 2024 DEBT MATURITIES
PRNewswire (Wed, 7-Feb 8:00 AM ET)
PRNewswire (Thu, 25-Jan 4:30 PM ET)
Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury, upper-upscale and upscale hotels in gateway and resort locations. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and Renaissance, among others.
Braemar Hotels & Resorts trades on the NYSE stock market under the symbol BHR.
As of April 24, 2024, BHR stock price declined to $2.75 with 390,359 million shares trading.
BHR has a beta of 1.06, meaning it tends to be more sensitive to market movements. BHR has a correlation of 0.05 to the broad based SPY ETF.
BHR has a market cap of $182.93 million. This is considered a Micro Cap stock.
In the last 3 years, BHR stock traded as high as $7.25 and as low as $1.79.
The top ETF exchange traded funds that BHR belongs to (by Net Assets): IWM, VTI, VXF, IWN, RIET.
BHR stock has underperformed the market in the last year with a return of -22.2%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BHR shares. However, BHR has outperformed the market in the last 3 month and 2 week periods, returning +18.1% and +16.0%, while SPY returned +4.6% and -2.7%, respectively. This indicates BHR has been having a stronger performance recently.
BHR support price is $2.66 and resistance is $2.92 (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 BHR stock will trade within this expected range on the day.