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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 | 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
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% | |
59 Neutral | $574.95M | -25.19 | 0.16% | 6.61% | -1.20% | -328.23% | |
59 Neutral | $339.61M | 630.63 | 1.13% | 5.00% | -3.79% | ― | |
57 Neutral | $208.07M | ― | -1.09% | 7.17% | -2.84% | -11.92% | |
51 Neutral | $44.12M | -5.31 | -0.68% | ― | -0.57% | -24.28% | |
49 Neutral | $361.39M | -1.28 | -35.25% | 2.31% | -0.56% | -14.18% | |
46 Neutral | $29.17M | -0.10 | ― | ― | -7.89% | -833.99% |
Braemar Hotels & Resorts Corporate Events
On December 22, 2025, Braemar Hotels & Resorts Inc. and its operating partnership amended a prior letter agreement with their external advisor, Ashford Inc. and Ashford Hospitality Advisors LLC, to clarify the terms and payment mechanics of termination and related fees tied to any future sale or change of control of the company. The amendment confirms that a “Company Sale Transaction” is a change of control under the advisory agreement, specifies that the agreed $480 million Company Sale Fee plus accrued fees will be paid directly to the advisor from net sale proceeds before any other distributions, and sets rules for applying proceeds from multiple asset sales until these obligations are fully satisfied, including the $25 million master agreement termination fee where applicable; it also provides that, once all such fees are paid, either party may terminate the advisory agreement on 60 days’ notice, and mandates direct payment of necessary proceeds to the advisor and termination of the master management agreements upon large asset sales or shareholder-approved liquidation, thereby tightening fee priority and structure in any future strategic transaction.
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 December 3, 2025, Brancous LP1 filed a complaint against Braemar Hotels & Resorts in the United States District Court for the District of Maryland, alleging breach of fiduciary duties and violations of federal securities laws. The complaint sought to enjoin the Annual Meeting and void votes for incumbent Board members. However, on December 11, 2025, the court denied Brancous’s motion for a temporary restraining order, citing a lack of merit in Brancous’s claims. Following the court’s decision, Braemar Hotels & Resorts has requested Brancous to dismiss the complaint, considering it moot, and plans to defend itself vigorously if necessary.
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 announced that its 2025 Annual Meeting of Stockholders will be held virtually instead of in-person, as initially planned. This change, effective for the meeting scheduled on December 15, 2025, allows stakeholders to attend the meeting online, reflecting a shift towards more accessible and flexible meeting formats.
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 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.
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.