Braemar Updates Preferred Dividend Practices Amid Sale Process

Braemar Hotels & Resorts ( (BHR) ) has provided an announcement.

On February 2, 2026, Braemar Hotels & Resorts announced clarifications to its dividend practices, shifting the declaration process for its Series B and Series D preferred stock to a monthly “reservation” basis to align their dividend cycles with Series E and Series M, while still making quarterly payments around the 15th of the month following quarter-end. The company emphasized that dividend calculation rates for all preferred series remain unchanged and that this alignment is intended to ensure equitable treatment among pari passu preferred share classes and provide flexibility for potential redemptions or conversions during its ongoing Company Sale process. Braemar also disclosed that its board has not set a 2026 common equity dividend policy, citing the ongoing sale process, which could involve selling assets in multiple transactions and distributing net proceeds to shareholders after satisfying other obligations, a move that underscores strategic uncertainty but also signals potential changes in capital returns for investors.

The most recent analyst rating on (BHR) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.

Spark’s Take on BHR Stock

According to Spark, TipRanks’ AI Analyst, BHR is a Neutral.

Overall score reflects pressured fundamentals (declining revenue and ongoing losses, with leverage risk) partially offset by resilient cash flow signals, a modestly improving technical setup, and a mixed-but-improving operating narrative from the earnings call (RevPAR and EBITDA growth led by resorts). Valuation support comes mainly from the high dividend yield, tempered by negative earnings (negative P/E).

To see Spark’s full report on BHR stock, click here.

More about Braemar Hotels & Resorts

Braemar Hotels & Resorts Inc. (NYSE: BHR) is a real estate investment trust focused on the high-growth luxury hotel and resort sector, targeting high-performance luxury urban and resort properties that generate revenue per available room at least twice the U.S. national average. The company’s portfolio includes luxury assets across the United States and U.S. territories in the Caribbean, and it is externally advised by Ashford Hospitality Advisors LLC, leveraging specialized industry expertise and disciplined asset management to drive performance.

Average Trading Volume: 488,288

Technical Sentiment Signal: Hold

Current Market Cap: $182.1M

Learn more about BHR stock on TipRanks’ Stock Analysis page.