Currently, there are 67.05M common shares owned by the public and among those 58.67M shares have been available to trade.
The company’s stock has a 5-day price change of -6.10% and -23.37% over the past three months. BHR shares are trading -33.33% year to date (YTD), with the 12-month market performance down to -25.09% lower. It has a 12-month low price of $1.80 and touched a high of $3.95 over the same period. BHR has an average intraday trading volume of 296.53K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.42%, -9.77%, and -29.01% respectively.
Institutional ownership of Braemar Hotels & Resorts Inc (NYSE: BHR) shares accounts for 50.17% of the company’s 67.05M shares outstanding.
It has a market capitalization of $134.09M and a beta (3y monthly) value of 1.08. The earnings-per-share (ttm) stands at -$0.86. The company has a debt-to-equity ratio at 1.82. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.02% over the week and 3.34% over the month.
Earnings per share for the fiscal year are expected to decrease by -93.51%, and 1.34% over the next financial year.
Looking at the support for the BHR, a number of firms have released research notes about the stock. B. Riley Securities stated their Neutral rating for the stock in a research note on August 14, 2023, with the firm’s price target at $7-$3.50. Oppenheimer was of a view on April 22, 2022 that the stock is Outperform, while B. Riley FBR gave the stock Neutral rating on June 05, 2020, issuing a price target of $4.50. DA Davidson on their part issued Neutral rating on March 10, 2020.
