Braemar Hotels & Resorts, Inc. (BHR)
NYSEReal EstateReit - Hotel & MotelSnapshot 2026-09-04
$1.90+2.15%
Close 2026-09-04 · 1-day change
NYSEReal EstateReit - Hotel & MotelSnapshot 2026-09-04
QuarterlyIQ Insights · BHR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -78.4% |
| Our one-year growth estimate | diamond | -33.6% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 44.7 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 13 industry peers · Company calendar date is not available
BHR — debt issuance
Dated 2026-06-01
OTHER EVENTS. On June 1, 2026, the Company repaid in full, at scheduled maturity, the outstanding principal amount of approximately $86.25 million of its 4.50% Convertible Senior Notes due 2026 (the “Notes”), together with all accrued and unpaid interest thereon. The Notes were issued pursuant to the Indenture, dated as of May 18, 2021 (the “Indenture”), between the Company and U.S. Bank National Association, as trustee (the “Trustee”). Following such repayment, all of the Company’s obligatio…
Why it matters: Regular dividends show financial health and care for shareholders. Changes may mean a new money plan.
Watch forDividends announced match past payments of $0.3438 and $0.5156 per share.
Also watch forNo dividends declared for Q3 2026.
Why it matters: New acquisitions could signal growth and align with management's focus on M&A.
Supportive ifA press release announcing a new acquisition or partnership in the next quarter.
Worry ifNo new M&A announcements or activity in the next quarter.
Why it matters: Strong growth in Hotel EBITDA shows good management. It also means better operations.
Supportive ifHotel EBITDA growth exceeds 14% compared to Q3 2025 results.
Worry ifHotel EBITDA growth is under 10%. This shows there are operational problems.
Why it matters: Keeping the dividend shows good financial health. It also shows care for shareholders.
Supportive ifLook for news about dividends at or above $0.05 per share.
Worry ifA cut or suspension of the dividend payment.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$187 on $10,000 · ±1.9% | How much price usually moves either way. |
| Bad day | $446 loss on $10,000 · 4.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,076 loss on $10,000 · 40.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Growth in operating income shows good management. This can lead to higher values.
Supportive ifOperating income will rise to more than $45 million next quarter.
Worry ifOperating income falls or stays below $39 million.
Why it matters: Growth trends in the sector affect Braemar's performance and market conditions.
Watch forSector revenue growth speeds up back to earlier highs.
Also watch forSector revenue growth keeps slowing down.
Why it matters: Ongoing M&A activity is a key priority for management. New deals could enhance portfolio value and cash flow.
Supportive ifNew agreements were announced. They are like recent sales over $600 million.
Worry ifNo new M&A announcements or activity in the next quarter.
Why it matters: New buys or sales may show ongoing portfolio changes. This matches management's growth focus.
Supportive ifThere is news of more agreements for buying or selling.
Worry ifNo new M&A announcements or deals in the next quarter.
Why it matters: Keeping or raising dividends shows the company is doing well and cares for investors.
Supportive ifAn announcement will confirm a dividend increase or that the dividend stays the same.
Worry ifA reduction or suspension of the dividend payment.
Why it matters: New acquisitions could boost growth and align with the company's focus on M&A.
Supportive ifA new acquisition deal is worth over $50 million.
Worry ifNo new M&A agreements announced in the next quarter.
Why it matters: Occupancy rates are key for revenue growth. Stable or rising rates help overall performance.
Supportive ifOccupancy rates stay above 72.6% in Q3 2026.
Worry ifOccupancy rates decline further from 72.6% in Q3 2026.
Why it matters: The earnings report will provide key insights into financial performance and future outlook. This can impact stock price.
Watch forEarnings report shows revenue growth above 5% year over year.
Also watch forEarnings report shows revenue growth below 0% year over year.
Why it matters: This sale shows that Braemar is active in managing assets and making deals.
Supportive ifThe sale of the Pier House Resort & Spa closes for $190 million as planned.
Worry ifIf the sale is delayed or canceled, it may show problems in asset management.
Why it matters: RevPAR growth shows how well Braemar's luxury hotels are doing and their pricing power.
Watch forRevPAR growth exceeds 12.3% year over year in Q3 2026.
Also watch forRevPAR growth falls below 10% year over year in Q3 2026.
Why it matters: Changes in dividends show how much management trusts their cash flow. It also shows their financial health.
Watch forThe Board keeps paying dividends for Series B and Series D preferred stock.
Also watch forIf the Board cuts or stops dividends, it may show cash flow worries.
Why it matters: This ratio shows Braemar's financial strength and how well it manages debt.
Watch forNet debt to gross assets remains stable at or below 43.5%.
Also watch forIf net debt to gross assets goes over 45%, it shows more leverage.