The closing price of Braemar Hotels & Resorts Inc (NYSE: BHR) was $2.54 for the day, up 5.83% from the previous closing price of $2.40. In other words, the price has increased by $+0.1400 from its previous closing price. On the day, 543738 shares were traded.
Ratios:
Our analysis of BHR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.23. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 0.81.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on August 14, 2023, Downgraded its rating to Neutral and sets its target price to $3.50 from $7 previously.
On April 22, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $9.Oppenheimer initiated its Outperform rating on April 22, 2022, with a $9 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 16 ’23 when Vaziri Abteen sold 1,321 shares for $2.81 per share. The transaction valued at 3,712 led to the insider holds 0 shares of the business.
Stockton Richard J bought 720 shares of BHR for $8,640 on Sep 27 ’23. The CEO and President now owns 8,150 shares after completing the transaction at $12.00 per share. On Sep 25 ’23, another insider, Stockton Richard J, who serves as the CEO and President of the company, bought 430 shares for $12.01 each. As a result, the insider paid 5,164 and bolstered with 7,430 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHR now has a Market Capitalization of 168.96M and an Enterprise Value of 1.79B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 2.43 whereas that against EBITDA is 11.21.
Stock Price History:
Over the past 52 weeks, BHR has reached a high of $4.37, while it has fallen to a 52-week low of $1.79. The 50-Day Moving Average of the stock is 2.1338, while the 200-Day Moving Average is calculated to be 2.6115.
Shares Statistics:
BHR traded an average of 298.74K shares per day over the past three months and 420.85k shares per day over the past ten days. A total of 66.64M shares are outstanding, with a floating share count of 53.12M. Insiders hold about 20.15% of the company’s shares, while institutions hold 57.65% stake in the company. Shares short for BHR as of Mar 15, 2024 were 1.75M with a Short Ratio of 6.81, compared to 1.65M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.63% and a Short% of Float of 3.24%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.20, BHR has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 8.33%, it implies a Forward Annual Dividend Yield of 9.95%. The stock’s 5-year Average Dividend Yield is 7.09.
