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Braemar Hotels & ResortsBHR +2.15%60 Earnings Yield (Joel Greenblatt) % is 10.11% as of Jun. 2026, which is 97% above its 10-year median of 5.14. GuruFocus rates BHR with a GF Score™ of 60/100 and a GF Value™ of $2.24 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 957 REITs companies, Braemar Hotels & Resorts ranks better than 86.42% on this metric.
Braemar Hotels & Resorts's Enterprise Value for the quarter that ended in Jun. 2026 was $818.0 Mil.
Braemar Hotels & Resorts's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $82.7 Mil. Braemar Hotels & Resorts's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 10.11%.
The historical rank and industry rank for Braemar Hotels & Resorts's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
BHR'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6.49 Med: 5.14 Max: 10.34
Current: 10.33
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Braemar Hotels & Resorts was 10.34%. The lowest was -6.49%. And the median was 5.14%.
BHR's Earnings Yield (Joel Greenblatt) % is ranked better than 86.42% of 957
companies
in the REITs industry
Industry Median: 3.5
vs BHR: 10.33
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Braemar Hotels & Resorts's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 65.26%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
The historical data trend for Braemar Hotels & Resorts's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the REIT - Hotel & Motel subindustry, Braemar Hotels & Resorts's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Braemar Hotels & Resorts Earnings Yield (Joel Greenblatt) % vs REITs Industry
For the REITs industry and Real Estate sector, Braemar Hotels & Resorts's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Braemar Hotels & Resorts's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Braemar Hotels & Resortss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Braemar Hotels & Resorts's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $82.7 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 10.11% mean?
Braemar Hotels & Resorts (BHR) has a Earnings Yield (Joel Greenblatt) % of 10.11% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Braemar Hotels & Resorts and its competitors. This is 97% above median its historical median of 5.14. According to the industry distribution chart, Braemar Hotels & Resorts ranks #130 out of 957 companies in the REITs industry, placing it in the top 13.6%.
Is Braemar Hotels & Resorts' Earnings Yield (Joel Greenblatt) % too high?
Braemar Hotels & Resorts' current Earnings Yield (Joel Greenblatt) % of 10.11% is 97% above median its 10-year median of 5.14. The REITs industry median Earnings Yield (Joel Greenblatt) % is 3.50. Braemar Hotels & Resorts' value of 10.11% is 188.9% above this industry median. Based on the distribution chart, Braemar Hotels & Resorts ranks #130 out of 957 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Braemar Hotels & Resorts has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Braemar Hotels & Resorts' Earnings Yield (Joel Greenblatt) % compare to AHT and IHT?
According to the REITs industry distribution chart, Braemar Hotels & Resorts ranks #130 out of 957 companies for Earnings Yield (Joel Greenblatt) %. This places Braemar Hotels & Resorts in the top 14% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 3.50. Braemar Hotels & Resorts' value of 10.11% is 188.9% above this benchmark. While the company's 10-year median is 5.14 vs. the industry median of 3.50, Braemar Hotels & Resorts has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a REITs company?
The median Earnings Yield (Joel Greenblatt) % among REITs companies is 3.50, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Braemar Hotels & Resorts's current Earnings Yield (Joel Greenblatt) % of 10.11% is 188.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Braemar Hotels & Resorts and its competitors. For the REITs industry, the median Earnings Yield (Joel Greenblatt) % is 3.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Braemar Hotels & Resorts's current Earnings Yield (Joel Greenblatt) % is 10.11%, which is 97% above median its own 10-year median of 5.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Braemar Hotels & Resorts stock overvalued right now?
Based on GuruFocus' analysis, Braemar Hotels & Resorts (BHR) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.24, compared to a current price of $1.90 — trading 15.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 10.11%, which is 97% above median its 10-year median of 5.14 and 188.9% above the REITs industry median of 3.50. Braemar Hotels & Resorts' overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Braemar Hotels & Resorts (BHR), the current Earnings Yield (Joel Greenblatt) % is 10.11% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Braemar Hotels & Resorts (BHR) Overvalued in 2026?
Based on GuruFocus' analysis, Braemar Hotels & Resorts stock appears to be undervalued.
The current stock price of $1.90 is trading 15.2% below its estimated GF Value™ of $2.24.
GuruFocus considers Braemar Hotels & Resorts to be Modestly Undervalued.
Key valuation signals for BHR:
Earnings Yield (Joel Greenblatt) %: 10.11% (97% above median its 10-year median of 5.14)
GF Value™: $2.24 vs. price of $1.90 (15.2% below fair value)
Industry Position: 188.9% above the REITs median (#130 of 957)
No single metric tells the full story. See the BHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Braemar Hotels & Resorts Inc is a real estate investment trust company that invests in high revenue per available room, or RevPAR, luxury hotels and resorts. The firm operates in various U.S. states such as California, Texas, Washington, Philadelphia, Florida, and Illinois as well as Washington, D.C. and St. Thomas, U.S. Virgin Islands. The company operates through its direct hotel investment segment of the hotel lodging industry. Its revenue streams include rooms, food and beverage, and other. The firm's hotels operate under various brands, such as Marriott, Hilton, Courtyard, and, among others.
60GF Score
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