Braemar Hotels & Resorts Inc.

Braemar Hotels & Resorts Inc.

BHR
Braemar Hotels & Resorts Inc.US flagNew York Stock Exchange
1.90
USD
+0.04
- -
130.49MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
14.55
12.56
13.5
15.23
13.59
13.5
15.1
6.68
8.12
9.61
11.2
10.95
10.41
10.08
Basic EPS, GAAP
-0.73
0.08
-0.34
0.58
0.53
-0.18
-0.3
-3.4
-0.67
-0.15
-1.12
-0.77
-1.08
-0.73
Free Cash Flow per Basic Share
0.36
2.24
0.35
2.2
2.32
2.21
2.05
-1.48
1.21
1.57
1.28
1
0.52
0.66
Dividend per Share
5.34
0.26
0.46
0.63
0.89
0.95
1.03
0.48
0.17
0.3
0.8
0.78
0.7
0.61
Book Value per Share
9.05
11.4
9.72
9.33
11.87
12.23
11.23
7.22
6.1
5.87
4.61
3.61
2.03
2.14
Tangible Book Value per Share
8.89
11.3
8.9
8.45
11.17
11.37
11.08
7.1
6.04
5.81
4.55
3.57
1.99
2.14
Basic Weighted Avg Shares
16
24
26
27
30
32
32
34
53
70
66
66
68
68
Sales/Revenue/Turnover
233
307
350
406
414
431
488
227
428
670
739
728
704
689
Operating Margin (%)
14.13
14.85
13.31
11.73
12.46
11.85
8.19
-39.65
0.09
10.2
8.34
5.57
6.26
6.13
Depreciation Expense
31
40
44
46
52
58
71
74
74
79
94
99
93
90
Net Income, GAAP
-12
2
-7
19
23
1
- -
-105
-27
18
-27
-2
-22
-3
Effective Tax Rate (%)
- -
23.67
- -
6.08
- -
48.48
59.59
- -
- -
17.28
- -
4.09
- -
33.61
Profit Margin (%)
-5.05
0.63
-1.92
4.76
5.56
0.31
0.08
-46.38
-6.24
2.65
-3.65
-0.23
-3.17
-0.45
Working Capital
154
196
40
-226
158
-25
22
78
223
253
76
98
67
123
LT Debt
622
762
756
391
821
757
1,077
1,192
1,234
1,395
1,223
1,230
1,124
746
Total Equity
303
424
395
363
423
437
405
289
418
434
330
267
160
164
Return on Invested Capital (%)
- -
3.3
- -
3.79
- -
1.84
1.1
- -
- -
3.25
- -
2.55
- -
- -
Return on Capital (%)
- -
2.86
- -
4.47
- -
1.79
1.46
- -
- -
3.41
- -
5.28
- -
18.92
Return on Common Equity (%)
-6.11
0.91
-3.13
5.95
5.2
-1.51
-2.55
-35.78
-10.49
-2.64
-20.65
-18.6
-38.33
-26.84

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
1,103
1,106
746
LT Finance Leases
20
20
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
69
69
Market Capitalization
196
162
148

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
254
253
550
Cash, Cash Equivalents & STI
124
93
94
Accounts Receivable, Net
33
37
28
Inventories
5
5
3
Total Current Liabilities
188
196
427
Payables & Accruals
188
196
158
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-5.88%
-6.92%
-40.23%
Free Cash Flow
14.47%
-49.39%
-47.22%
Net Income, GAAP
-2,837.61%
126.23%
1,218.25%
Sales/Revenue/Turnover
13.25%
30.11%
-3.35%
Total Cash Common Dividend
-287.15%
-579.98%
-232.15%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
219
188
148
173
728
2025
216
179
144
166
704
2026
209
171
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
-0.33
-0.02
-0.47
-0.77
2025
-0.04
-0.24
-0.12
-0.67
-1.08
2026
0.07
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.2
0.19
0.19
0.78
2025
0.18
0.18
0.17
0.17
0.7
2026
0.16
0.11
- -
- -
- -

Company Description

CEO
Richard J. Stockton
Full Time Employees
116
Sector
Real Estate
Industry
REIT - Hotel & Motel
Address
14185 Dallas Parkway Dallas TX United States of America 75254-4308
IPO Date
Nov 6, 2013
Business
Braemar Hotels & Resorts Inc. (NYSE: BHR) is a real estate investment trust (REIT) that invests primarily in high revenue per available room (RevPAR) luxury hotels and resorts in gateway cities and resort destinations; its portfolio consists of full-service properties affiliated with premium brands including Ritz-Carlton Reserve, Four Seasons, Ritz-Carlton, Marriott Autograph Collection, and others, offering upscale accommodations, food and beverage services, event hosting, spas, and fitness centers to affluent leisure travelers, corporate groups, and high-end business clients. The company owns interests in approximately 14 to 16 properties across the United States, with key operations in states such as California, Texas, Florida, Washington, and Illinois, as well as Washington, D.C. Formed as a Maryland corporation in April 2013 through a spin-off from Ashford Hospitality Trust and headquartered at 14185 Dallas Parkway in Dallas, Texas, Braemar is externally advised by Ashford Inc. and conducts business through direct hotel investments via acquisition or development, targeting properties with RevPAR at least twice the U.S. national average. Recent developments include the closing of a $363 million refinancing deal in March 2025 for five luxury properties, which addressed the final 2025 debt maturity, reduced interest costs from prior loans (SOFR + 2.66% and SOFR + 4.75%), and extended maturities through potential options to 2030 with a more favorable SOFR + 2.52% rate; additionally, in August 2025, the company initiated a sale process for its portfolio of nine resort and five urban properties, and entered an agreement to sell The Clancy hotel in San Francisco for $115 million ($280,487 per room).

Company News

  • Sotherly Hotels (NASDAQ:SOHON) versus BRAEMAR HOTELS & RESORTS (NYSE:BHR) Financial Analysis

  • Analyzing BRAEMAR HOTELS & RESORTS (NYSE:BHR) and Apple Hospitality REIT (NYSE:APLE)

  • BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR THE THIRD QUARTER OF 2026

  • Al Shams Investments Responds to Braemar's Latest Attempt to Distract Shareholders from Monty Bennett's Outrageous Profiteering

  • Braemar Hotels & Resorts Highlights Recent Investor Support for Value-Creating Steps

  • Braemar Hotels & Resorts Issues Statement on Al Shams' Frivolous Court Filing

  • Blackwells Capital Issues Statement on Braemar Hotels & Resorts

  • BRANCOUS LP1 CALLS ON BRAEMAR'S BOARD TO STOP ATTACKING SHAREHOLDERS, DISTRIBUTE EXCESS CASH AND RENEGOTIATE THE ASHFORD PAYMENT

  • Braemar Hotels & Resorts Issues Statement on Al Shams' Baseless Accusations

  • BRAEMAR HOTELS & RESORTS TO ANNOUNCE SECOND QUARTER 2026 FINANCIAL RESULTS ON AUGUST 5, 2026

  • Glancy Prongay Wolke & Rotter LLP Announces Investigation of Braemar Hotels & Resorts Inc. (BHR) on Behalf of Investors

  • Law Offices of Howard G. Smith Announces Investigation of Braemar Hotels & Resorts Inc. (BHR) on Behalf of Investors

  • The Law Offices of Frank R. Cruz Announces Investigation of Braemar Hotels & Resorts Inc. (BHR) on Behalf of Investors

  • BRAEMAR HOTELS & RESORTS EXTENDS RITZ-CARLTON LAKE TAHOE MORTGAGE LOAN

  • BRAEMAR HOTELS & RESORTS DECLARES MONTHLY PREFERRED DIVIDENDS FOR JUNE 2026

  • Al Shams Investments Responds to Braemar Board's Brazen Act of Self-Dealing

  • BRAEMAR HOTELS & RESORTS ANNOUNCES CONCLUSION OF STRATEGIC REVIEW PROCESS AND PLAN TO BECOME A SELF-MANAGED REIT AND REMAIN PUBLICLY TRADED

  • Al Shams Investments Responds to Braemar Board's Latest Apparent Attempt to Entrench Conflicted Insiders and Evade Accountability

  • Al Shams Investments Responds to Braemar's Appointment of Another Conflicted Ashford Inc. Executive to the Board of Directors

  • Al Shams Investments Responds to Braemar's Appointment of Another Conflicted Ashford Inc. Executive to the Board of Directors