Braemar Hotels & Resorts (BHR) AI Stock Analysis

• Market Cap: $180.78M
• Dividend Yield: 7.55%
• Average Volume (3M): 292.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.18
• Revenue Growth: -2.84%
• EPS Growth: -11.92%
• Country: US
• Employees: 116
• Sector: Real Estate
• Sector Strength: 53
• Industry: REIT - Hotel & Motel
• EPS (TTM): -0.12
• Shares Outstanding: 68,219,430
• 10 Day Avg. Volume: 237,938
• 30 Day Avg. Volume: 292,232
• PEG Ratio: 3.70
• Price to Book (P/B): 0.29
• Price to Sales (P/S): 0.27
• P/FCF Ratio: 2.99
• Enterprise Value/Market Cap: 9.02
• Enterprise Value/Revenue: 2.29
• Enterprise Value/Gross Profit: 9.45
• Enterprise Value/Ebitda: 8.90
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 55 Neutral
• Price Target: $3.00 ▲(15.83% Upside)

Braemar Hotels & Resorts' overall score is driven by a challenging financial performance with declining revenues and high leverage. However, strong earnings call highlights and strategic corporate events provide some optimism for future performance. The technical analysis suggests a neutral to slightly bearish trend, and the valuation reflects ongoing profitability issues despite a high dividend yield.

Positive Factors

Strong Resort Performance

The robust performance in the luxury resort segment indicates strong demand and effective management, contributing to long-term revenue stability and profitability.

Successful Asset Sales and Refinancing

Strategic asset sales and refinancing improve liquidity and financial flexibility, allowing BHR to focus on high-performing assets and reduce debt burden.

Increase in Group Room Revenue

Rising group room revenue reflects strong demand in this segment, enhancing occupancy rates and supporting sustained revenue growth.

Negative Factors

Urban Hotels Underperformance

Underperformance in urban hotels due to renovations and occupancy declines may limit revenue potential and require strategic adjustments.

Net Loss for the Quarter

A net loss reflects ongoing profitability challenges, which may strain financial resources and hinder investment in growth initiatives.

Impact of Renovations

Renovations, while necessary for long-term value, temporarily depress revenue and occupancy, affecting short-term financial performance.

Braemar Hotels & Resorts Business Overview & Revenue Model

Company Description

Braemar Hotels & Resorts (BHR) is a publicly traded company that specializes in the acquisition and management of high-quality hotels and resorts across the United States. The company focuses on enhancing the value of its assets through effective management and strategic investments in hospitality properties. BHR operates in the hospitality sector, primarily offering services such as hotel accommodations, event hosting, and leisure amenities, catering to both business and leisure travelers.

How the Company Makes Money

Braemar Hotels & Resorts generates revenue primarily through the operation of its hotel and resort properties. The company's revenue model is built around several key streams: room sales from guests, food and beverage services, event hosting, and ancillary services such as spa and recreational activities. Additionally, BHR may earn income through management fees if it manages properties on behalf of third parties. The company also benefits from strategic partnerships with travel and tourism companies, which can enhance visibility and attract more guests to its properties. Seasonal occupancy rates and market demand fluctuations significantly impact revenue, making effective marketing and management crucial for profitability.

Braemar Hotels & Resorts Financial Statement Overview

Summary

Braemar Hotels & Resorts is facing financial challenges with declining revenues and negative net profit margins. While there are signs of operational efficiency, high leverage and negative returns on equity highlight financial risks. Cash flow management shows some strengths, but overall, the company needs to address revenue growth and profitability to improve its financial health.

Income Statement

Braemar Hotels & Resorts has faced challenges in maintaining revenue growth, with a significant decline in the TTM period. The gross profit margin has been relatively stable, but net profit margins remain negative, indicating ongoing profitability issues. The EBIT and EBITDA margins show some operational efficiency, but the overall financial performance is hindered by declining revenues and negative net income.

Balance Sheet

The company's debt-to-equity ratio has improved over time, indicating better leverage management, but it remains relatively high. Return on equity is negative, reflecting the company's struggle to generate profits from shareholders' equity. The equity ratio suggests a moderate level of equity financing, but the high debt levels pose a risk to financial stability.

Cash Flow

Braemar Hotels & Resorts has shown a decline in free cash flow growth in the TTM period, but the free cash flow to net income ratio is strong, indicating efficient cash generation relative to net income. The operating cash flow to net income ratio is not available for the TTM period, but past data shows a reasonable coverage, suggesting some resilience in cash flow operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	711.79M	728.40M	739.34M	669.59M	427.54M	226.97M
Gross Profit	172.68M	153.68M	168.47M	164.49M	82.88M	8.51M
EBITDA	183.33M	227.91M	160.03M	154.15M	73.59M	-9.77M
Net Income	-7.38M	-1.69M	-27.02M	17.76M	-26.66M	-105.26M
Balance Sheet
Total Assets	2.01B	2.14B	2.23B	2.40B	1.88B	1.67B
Cash, Cash Equivalents and Short-Term Investments	116.28M	135.82M	88.45M	261.54M	216.00M	78.61M
Total Debt	1.18B	1.23B	1.22B	1.39B	1.23B	1.19B
Total Liabilities	1.78B	1.41B	1.41B	1.96B	1.46B	1.28B
Stockholders Equity	211.89M	695.57M	795.07M	410.11M	398.85M	383.21M
Cash Flow
Free Cash Flow	54.39M	66.82M	84.64M	109.48M	38.31M	-75.84M
Operating Cash Flow	39.09M	66.82M	84.71M	109.48M	63.95M	-50.29M
Investing Cash Flow	89.34M	35.51M	-77.07M	-402.22M	-41.68M	-16.54M
Financing Cash Flow	-181.60M	-83.77M	-156.84M	345.06M	127.95M	49.59M

Braemar Hotels & Resorts Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.59
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BHR, the sentiment is Positive. The current price of 2.59 is below the 20-day moving average (MA) of 2.70, below the 50-day MA of 2.66, and above the 200-day MA of 2.44, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 48.74 is Neutral, neither overbought nor oversold. The STOCH value of 32.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BHR.

Braemar Hotels & Resorts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
INN	63 Neutral	$598.10M	―	0.16%	6.52%	-1.20%	-328.23%
CLDT	58 Neutral	$315.84M	586.49	1.13%	5.22%	-3.79%	―
BHR	55 Neutral	$180.78M	―	-1.09%	7.55%	-2.84%	-11.92%
SOHO	49 Neutral	$44.50M	-6.54	-0.68%	―	-0.57%	-24.28%
AHT	44 Neutral	$20.20M	―	―	―	-7.89%	-833.99%
SVC	42 Neutral	$304.24M	―	-35.25%	2.21%	-0.56%	-14.18%

Braemar Hotels & Resorts Corporate Events

Braemar Hotels Reports Strong Q3 2025 Financial Growth

On November 7, 2025, Braemar Hotels & Resorts Inc. released an investor presentation highlighting its financial performance for the third quarter of 2025. The company reported strong growth in Hotel EBITDA, driven by improved margins and increased total hotel revenue compared to the previous year. The presentation also noted the company’s strategic focus on luxury hotels, which continue to drive EBITDA growth despite a slight decrease in occupancy rates. The release underscores Braemar’s robust positioning within the luxury lodging sector, with a significant increase in total assets and hotel revenues since 2013.

Braemar Hotels Sells The Clancy for $115 Million

On November 6, 2025, Braemar Hotels & Resorts completed the sale of The Clancy hotel in San Francisco for $115 million. This strategic move allowed the company to pay down $64.7 million of debt and retain $43.7 million in net proceeds, thereby strengthening its capital position.

Braemar Hotels Reports Strong Q3 Earnings and Asset Sales

On November 5, 2025, Braemar Hotels & Resorts held an earnings conference call to discuss its third-quarter results, which showed a 1.4% growth in comparable RevPAR and a 15.1% increase in total comparable hotel EBITDA. The company reported strong performance in its luxury resort portfolio, with notable growth at the Four Seasons Resort Scottsdale and the Ritz-Carlton Lake Tahoe. Braemar also announced the sale of the Marriott Seattle Waterfront and the planned sale of The Clancy, aligning with its strategy to focus on luxury assets and reduce leverage. The company continues to redeem non-traded preferred stock to improve cash flow and remains optimistic about future performance despite some challenges in urban hotel markets.

Braemar Hotels Initiates Strategic Alternatives Exploration

Braemar Hotels & Resorts reported its third-quarter 2025 financial results, highlighting a 1.4% increase in comparable RevPAR and a 15.1% rise in comparable Hotel EBITDA over the prior year. Despite a net loss of $8.2 million, the company is strategically refining its portfolio by selling properties like the Marriott Seattle Waterfront and The Clancy in San Francisco, aiming to maximize shareholder value and position itself for a potential future sale. The company also announced the initiation of a sale process, engaging financial advisors to explore strategic alternatives, though no definitive timetable for completion has been set.

Braemar Hotels & Resorts Declares Q4 2025 Dividends

On October 14, 2025, Braemar Hotels & Resorts announced that its Board of Directors declared dividends for the fourth quarter of 2025 for its common stock and various preferred stock series. These dividends are scheduled to be paid in January 2026, with specific dates for stockholders of record. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may impact its financial planning and investor relations strategies.

Braemar Hotels Sells The Clancy for $115 Million

On October 6, 2025, Braemar Hotels & Resorts announced an agreement to sell The Clancy hotel in San Francisco for $115 million. This strategic divestiture aims to maximize shareholder value and is expected to close in the fourth quarter of 2025, though completion is not guaranteed.