Bull Of The Day: Braemar Hotels and Resorts (BHR)

Braemar Hotels and Resorts (BHR) is a Zacks  Rank #2 (Buy) and is a luxury hotel owner and operator.  This REIT doesn’t pay a dividend, but there are several reasons why I like it.  The luxury space isn’t going to impact inflation as much as the non-luxury segment.  Let’s take a deeper look at this stock in this Bull of the Day article.


Braemar Hotels & Resorts Inc. operates as a real estate investment trust. It focused on investing in luxury hotels and resorts. Braemar Hotels & Resorts Inc., formerly known as Ashford Hospitality Prime is based in Texas, United States.

Earnings History

When I look at a stock, the first thing I do is look to see if the company is beating the number.  This tells me right away where the market’s expectations have been for the company and how management has communicated to the market.  A stock that consistently beats has management communicating expectations to Wall Street that can be achieved.  That is what you want to see.

For BHR, I see a great history of beating the Zacks Consensus Estimate.  There are four beats over the last four quarters. 

The average positive earnings surprise over the last fours quarters works out to be 75%, which means that they are posting results that are above expectations. 

There was a monster beat last quarter (185%), which skewed the average up quite a bit.  Still, the company beats and that helps boost estimates higher and higher.

Earnings Estimates Revisions

The Zacks Rank tells us which stocks are seeing earnings estimates move higher.  For BHR, I see estimates moving higher.

Over the last 60 days, I see a few increases.

This quarter has remained at 9 cents.

Next quarter has moved from 11 cents to 12 cents.

The full-year number has increased from $0.44 to $0.46 over the last 60 days.

Next year is at $1.01 and that is up from $0.76 over the same time horizon.

Positive movement in earnings estimates like that is why this stock is a Zacks Rank #2 (Buy).


The valuation for BHR is very reasonable.  I see an 11x forward earnings multiple and sales growth in the most recent quarter coming in at an amazing 653%.  The price to book multiple of 0.76x means that you are acquiring the stock for less than the price of all the assets.  Value Investors will love to see that price to book multiple below 1x. 


BRAEMAR HOTELS & RESORTS INC. Price, Consensus and EPS Surprise

BRAEMAR HOTELS & RESORTS INC. Price, Consensus and EPS Surprise

BRAEMAR HOTELS & RESORTS INC. price-consensus-eps-surprise-chart | BRAEMAR HOTELS & RESORTS INC. Quote

Zacks' Top Picks to Cash in on Artificial Intelligence

In 2021, this world-changing technology is projected to generate $327.5 billion in revenue. Now Shark Tank star and billionaire investor Mark Cuban says AI will create "the world's first trillionaires." Zacks' urgent special report reveals 3 AI picks investors need to know about today.

See 3 Artificial Intelligence Stocks With Extreme Upside Potential>>

Click to get this free report

BRAEMAR HOTELS & RESORTS INC. (BHR): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics


Latest Stocks Videos

    Weekly Performance in Stocks in a Volatile Week With Evergrande and Debt Ceiling Talk

    Sanctuary Wealth Chief Investment Officer Jeff Kilburg discusses weekly performance in stocks in what started out to be a volatile week with Evergrande and debt ceiling talk.

    1 day ago


    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at

    Learn More