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Wednesday, February 1, 2023

Taking On Challenges And Growing? – Braemar Hotels & Resorts Inc. (BHR)

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Braemar Hotels & Resorts Inc. (BHR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 1.45%, to $4.90. The Braemar Hotels & Resorts Inc. has recorded 9,226 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that BRAEMAR HOTELS & RESORTS DECLARES DIVIDENDS FOR THE FIRST QUARTER OF 2023.

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Stocks Info

This NYSE-listed company operates within the REIT – Hotel & Motel industry segment, falling under the Real Estate sector. At the end of the last regular session, the stock closed at $4.83 and fluctuated between $4.8950 as its day high and $4.6750 as its day low. The current market capitalization of Braemar Hotels & Resorts Inc. is $317.57M. A total of 0.64 million shares were traded on the day, compared to an average of 511.87K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, BHR has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 10,000 and the disposition of 0 shares. Over the last 12 months, there were 2 BUYs and 7 SELLs from insiders. Insiders purchased 24,925 shares during that period but sold 62,055.

In the most recent transaction, Evans Mary Candace bought 2,750 shares of BHR for 3.63 per share on Nov 17. After the transaction, the Director now owns 3,875 company shares. In a previous transaction on Nov 03, Vaziri Abteen bought 10,000 shares at 3.88 per share. BHR shares that Director owns now total 13,333.

Among the insiders who bought shares, Bennett Monty J acquired of 44,444 shares on May 17 at a per-share price of $22.50. This resulted in the Director holding 44,444 shares of BHR after the transaction. In another insider transaction, NUNNELEY MARK bought 9,000 shares at $22.50 per share on Mar 30. Company shares held by the Chief Accounting Officer now total 18,000.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. BHR’s most recent ex-dividend date was 12/29/2022 when it declared a $0.05 quarterly dividend that was paid in cash on 1/17/2023. Previously, the company paid the dividend on 10/17/2022 with an ex-dividend date of 9/29/2022. The BHR stock dividend was $0.01 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for BHR in the last 3 months, the mean price target is $9.13 with high estimates of $15.00 and low estimates of $5.00. In terms of 52-week highs and lows, BHR has a high of $6.64 and a low of $3.41.

As of this writing, BHR has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.09. The company reported an EPS of $0.15 in the last quarter, which was 650.00% higher than expectations of $0.02.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BHR is Buy with a score of 5.00. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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