Braemar Hotels & Resorts (BHR) Set to Announce Quarterly Earnings on Wednesday

Braemar Hotels & Resorts (NYSE:BHR) is scheduled to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of $0.13 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Braemar Hotels & Resorts Price Performance

NYSE BHR opened at $3.87 on Tuesday. The stock has a 50-day simple moving average of $2.98 and a 200 day simple moving average of $2.55. The company has a debt-to-equity ratio of 4.14, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $257.28 million, a PE ratio of -3.46 and a beta of 2.00. Braemar Hotels & Resorts has a twelve month low of $1.79 and a twelve month high of $3.95.

Braemar Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th will be issued a $0.05 dividend. The ex-dividend date is Monday, September 30th. This represents a $0.20 annualized dividend and a yield of 5.17%. Braemar Hotels & Resorts’s dividend payout ratio (DPR) is -17.86%.

About Braemar Hotels & Resorts

Braemar Hotels & Resorts is a conservatively capitalized REIT that invests primarily in high RevPAR, full-service luxury hotels and resorts. We are listed on the New York Stock Exchange under the symbol BHR and are externally-advised by Ashford (NYSE American: AINC).