The shares of Braemar Hotels & Resorts Inc. (BHR) have recorded the market capitalization of 300.95M

Braemar Hotels & Resorts Inc. (NYSE:BHR) shares traded -1.61% lower at $4.27 on Wall Street last session.

In accordance with the data, 4 analysts cover Braemar Hotels & Resorts Inc. (NYSE:BHR). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $15.00 and a low of $5.00, we find $7.50. Given the previous closing price of $4.34, this indicates a potential upside of 72.81 percent. BHR stock price is now -11.81% away from the 50-day moving average and -10.11% away from the 200-day moving average. The market capitalization of the company currently stands at $300.95M.

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It has been rated a hold by 1 analysts and a buy by 3. Brokers who have rated the stock have averaged $8.75 as their price target over the next twelve months.

With the price target of $9, Oppenheimer recently initiated with Outperform rating for Braemar Hotels & Resorts Inc. (NYSE: BHR). On June 05, 2020, B. Riley FBR Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock keeping its target price maintained at $4.50, while ‘DA Davidson’ rates the stock as ‘Neutral’.

In other news, Bennett Monty J, Director sold 250,862 shares of the company’s stock on Feb 28. The stock was sold for $1,211,663 at an average price of $4.83. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 28, Director Bennett Monty J sold 75,361 shares of the business’s stock. A total of $363,994 was realized by selling the stock at an average price of $4.83. This leaves the insider owning 23,334 shares of the company worth $99636.18. A total of 0.70% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in BHR stock. A new stake in Braemar Hotels & Resorts Inc. shares was purchased by CAMBRIA INVESTMENT MANAGEMENT, L.P. during the first quarter worth $260,000. MAN GROUP PLC invested $47,000 in shares of BHR during the first quarter. In the first quarter, MARINER, LLC acquired a new stake in Braemar Hotels & Resorts Inc. valued at approximately $43,000. O’SHAUGHNESSY ASSET MANAGEMENT, LLC acquired a new stake in BHR for approximately $43,000. AMALGAMATED FINANCIAL CORP. purchased a new stake in BHR valued at around $30,000 in the second quarter. In total, there are 196 active investors with 67.60% ownership of the company’s stock.

Braemar Hotels & Resorts Inc. (NYSE: BHR) opened at $4.2600 on Wednesday. During the past 12 months, Braemar Hotels & Resorts Inc. has had a low of $3.41 and a high of $6.64. The fifty day moving average price for BHR is $4.8448 and a two-hundred day moving average price translates $4.7438 for the stock.

The latest earnings results from Braemar Hotels & Resorts Inc. (NYSE: BHR) was released for Sep, 2022. According to the REIT – Hotel & Motel Company, earnings per share came in at -$0.2, missing analysts’ expectations of -$0.05 by -0.15. This compares to -$0.01 EPS in the same period last year. The net profit margin was 4.00% and return on equity was 6.20% for BHR. The company reported revenue of $171.62 million for the quarter, compared to $130.41 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.6 percent. For the current quarter, analysts expect BHR to generate $165.53M in revenue.

Moreover, the firm recently paid out its quarterly dividend on 04/17/2023. Investors who held shares on 03/31/2023 were paid a $0.05 dividend. On an annualized basis, this represents a $0.20 dividend and a 4.68% percent yield. There was an ex-dividend date of 03/30/2023 for this dividend.