Quick Summary:
- Braemar Hotels & Resorts maintains a lucrative dividend yield of 7.49% with a quarterly payout of $0.05.
- Current analyst forecasts suggest a potential downside for BHR, with a target price of $2.00.
- GuruFocus estimates indicate a significant potential upside based on the GF Value of $3.79.
Dividend Announcement by Braemar Hotels & Resorts
Braemar Hotels & Resorts (NYSE: BHR) has announced that it will continue to provide its shareholders with a quarterly dividend of $0.05, maintaining an attractive forward yield of 7.49%. Investors should mark their calendars as the dividend is set to be paid on October 15, with the ex-dividend date falling on September 30.
Analyst Price Target Projections
The financial outlook from Wall Street offers a cautious perspective for Braemar Hotels & Resorts Inc (BHR, Financial). The lone analyst covering the stock has set a one-year price target at $2.00, both as the high and low estimates, suggesting a potential downside of 25.09% from the current trading price of $2.67. For an in-depth look at these forecasts, investors are encouraged to visit the Braemar Hotels & Resorts Inc (BHR) Forecast page.
Brokerage Recommendations
The consensus from two brokerage firms places Braemar Hotels & Resorts Inc at a "Hold" status, reflected in an average brokerage recommendation of 3.0 on a scale that spans from 1 (Strong Buy) to 5 (Sell).
GuruFocus Valuation Insights
Contrasting the current analyst sentiment, GuruFocus presents an optimistic valuation for BHR. The estimated GF Value is projected to be $3.79 within the next year, which suggests a potential upside of 41.95% from the current share price of $2.67. The GF Value reflects GuruFocus' assessment of the fair market value based on historical trading multiples, business growth patterns, and future performance estimations. For further details, visit the Braemar Hotels & Resorts Inc (BHR, Financial) Summary page.
