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Braemar Hotels & Resorts
(NYSE:BHR)
Braemar Hotels & Resorts (BHR) vs. SPDR S&P 500 ETF (SPY)
Braemar Hotels & Resorts Business Overview & Revenue Model
Braemar Hotels & Resorts Earnings Call Summary
Braemar Hotels & Resorts Financial Statement Overview
| 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 | 157.44M | 153.68M | 168.47M | 164.49M | 82.88M | 8.51M |
| EBITDA | 158.03M | 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 | 135.47M | 88.45M | 261.54M | 216.00M | 78.61M |
| Total Debt | 1.18B | 1.23B | 1.22B | 1.39B | 1.23B | 1.23B |
| Total Liabilities | 1.37B | 1.41B | 1.41B | 1.96B | 1.46B | 1.39B |
| Stockholders Equity | 620.99M | 695.57M | 795.07M | 410.11M | 398.85M | 276.26M |
Cash Flow | ||||||
| Free Cash Flow | 54.39M | 66.82M | 84.64M | 60.34M | 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 | -21.57M | -83.77M | -156.84M | 345.06M | 127.95M | 49.59M |
Braemar Hotels & Resorts Technical Analysis
Braemar Hotels & Resorts Risk Analysis
Braemar Hotels & Resorts Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | $654.13M | ― | 0.16% | 5.96% | -1.20% | -328.23% | |
59 Neutral | $325.06M | 603.60 | 1.13% | 5.07% | -3.79% | ― | |
55 Neutral | $184.87M | ― | -1.09% | 7.38% | -2.84% | -11.92% | |
47 Neutral | $44.50M | -6.54 | 3.37% | ― | 1.78% | -33.00% | |
45 Neutral | $285.75M | ― | -35.25% | 2.35% | -0.56% | -14.18% | |
38 Underperform | $26.22M | ― | ― | ― | -7.89% | -833.99% |
Braemar Hotels & Resorts Corporate Events
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.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
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.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
Braemar Hotels & Resorts is a real estate investment trust (REIT) specializing in luxury hotels and resorts. The company operates within the hospitality sector, focusing on high-end properties that cater to affluent travelers.
The recent earnings call for Braemar Hotels & Resorts presented a mixed sentiment, reflecting both achievements and challenges. The company highlighted strong performance in its resort segment, successful asset sales, and refinancing efforts, which were overshadowed by underperformance in urban hotels and a net loss for the quarter. Despite these mixed outcomes, the company’s strategic initiatives and asset management activities suggest optimism for future performance.
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.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
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.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
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.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
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.
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.
On August 26, 2025, Braemar Hotels & Resorts Inc. announced the initiation of a sale process, following a decision by its Board of Directors to explore strategic alternatives to maximize shareholder value. The company has entered into a Letter Agreement with its advisor, Ashford Inc., agreeing to a discounted termination fee of $480 million in the event of a sale. The sale process aims to attract private market buyers, leveraging the company’s strong portfolio performance and favorable market conditions. The potential sale is seen as a strategic move to address undervaluation and activist investor pressures, similar to past industry trends.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
On August 25, 2025, Braemar Hotels & Resorts Inc. entered a cooperation agreement with Babak ‘Bob’ Ghassemieh and related parties, leading to Mr. Ghassemieh’s appointment to the company’s board of directors. This agreement includes provisions for board nominations and standstill commitments, reflecting a strategic collaboration aimed at supporting Braemar’s interests and stakeholder relations.
The most recent analyst rating on (BHR) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Braemar Hotels & Resorts stock, see the BHR Stock Forecast page.
On August 18, 2025, Braemar Hotels & Resorts Inc. announced the successful refinancing of the existing mortgage loan for the Four Seasons Resort Scottsdale at Troon North. The previous loan of $140 million with an interest rate of SOFR + 3.75% was replaced with a new non-recourse loan of $180 million at a lower interest rate of SOFR + 3.00%, provided by Aareal Capital Corporation. This refinancing enhances Braemar’s liquidity and reduces its cost of debt, reflecting an improving credit market for lodging assets.