Streetbeat News

BHR

Braemar Hotels & Resorts Inc.

https://www.bhrreit.com

Industry

REIT - Hotel & Motel

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

Open

3.60

Mkt cap

222M

Volume

198K

High

3.60

P/E Ratio

-4.17

52-wk high

3.95

Low

3.31

Div yield

0.06

52-wk low

1.79

Braemar Hotels & Resorts Inc. (BHR) held its Q3 2024 earnings call, discussing financial performance and company updates. Key participants included the CFO, CEO, and EVP of Asset Management.

Portfolio Pulse from

November 09, 2024 | 12:00 pm

Braemar Hotels & Resorts (BHR) released its Q3 earnings for the quarter ended September 2024. The report provides insights into the company's performance, comparing key metrics against Wall Street estimates and the previous year's figures.

Portfolio Pulse from

November 07, 2024 | 2:45 am

Braemar Hotels & Resorts (BHR) reported a Q3 loss of $0.24 per share, missing the Zacks Consensus Estimate of a $0.04 loss. This is a larger loss compared to $0.08 per share a year ago.

Portfolio Pulse from

November 07, 2024 | 1:30 am

Blackwells Capital has urged Brancous to cease its negative public attacks on Braemar Hotels, suggesting that such actions are not constructive and could harm the company's business.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:33 pm

Braemar Hotels & Resorts (NYSE:BHR) reported Q2 2024 earnings per share of $0.10, missing the analyst estimate of $0.14 by 28.57%. However, the company beat sales estimates with $187.587 million, a slight increase from last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:13 pm

Braemar Hotels & Resorts has sold the Hilton La Jolla Torrey Pines for $165 million, representing a 7.2% capitalization rate on net operating income. The company is also considering selling two more hotels in 2024 and 2025.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 5:53 am

Braemar Hotels & Resorts will add an independent director to its Board with input from Blackwells, which will become a significant shareholder by purchasing 3.5 million shares of Braemar's stock.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:04 pm

Braemar Hotels & Resorts and Blackwells Capital have reached a cooperation agreement. As part of the deal, Blackwells will withdraw its proxy solicitation and vote in favor of all company nominees and proposals.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 10:03 pm

Blackwells Capital is urging shareholders of Braemar Hotels & Resorts to vote for its nominees and proposals in the upcoming shareholder meeting.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:37 pm

Blackwells Capital LLC, a shareholder of Braemar Hotels & Resorts Inc., has issued a response to Braemar's Chairman Monty J. Bennett's campaign, addressing attacks on Blackwells' track record as an advocate for public company shareholders.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 9:29 pm

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