BHR Stock Summary and Trading Ideas (Braemar Hotels & Resorts | NYSE:BHR)

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 May 13, 2024, BHR stock price declined to $2.82 with 182,748 million shares trading.

BHR has a beta of 1.44, meaning it tends to be more sensitive to market movements. BHR has a correlation of 0.08 to the broad based SPY ETF.

BHR has a market cap of $187.59 million. This is considered a Micro Cap stock.

In the last 3 years, BHR stock traded as high as $6.73 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 has underperformed the market in the last year with a price return of -24.5% while the SPY ETF gained +28.2%. However, in the short term, BHR had mixed performance relative to the market. It has outperformed in the last 3 months, returning +36.0% vs +5.8% return in SPY. But in the last 2 weeks, BHR shares have been beat by the market, returning +1.4% compared to an SPY return of +2.1%.

BHR support price is $2.73 and resistance is $3.01 (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.