Braemar Hotels & Resorts Inc. (BHR)
NYSE: BHR · IEX Real-Time Price · USD
2.630
-0.120 (-4.36%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Braemar Hotels & Resorts Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for BHR stock has a target of 2.50, which predicts a decrease of -4.94% from the current stock price of 2.63.
Analyst Consensus: Hold
* Price targets were last updated on Mar 18, 2024.
Analyst Ratings
The average analyst rating for BHR stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold Maintains $3 → $2.5 | Hold | Maintains | $3 → $2.5 | -4.94% | Mar 18, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy → Hold Downgrades $7 → $3.5 | Strong Buy → Hold | Downgrades | $7 → $3.5 | +33.08% | Aug 14, 2023 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 20, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $6 → $5 | Buy | Maintains | $6 → $5 | +90.11% | Jul 5, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $8 → $7 | Strong Buy | Maintains | $8 → $7 | +166.16% | May 16, 2023 |
Financial Forecast
Revenue This Year
762.99M
from 739.34M
Increased by 3.20%
Revenue Next Year
793.13M
from 762.99M
Increased by 3.95%
EPS This Year
-1.15
from -1.13
EPS Next Year
-0.85
from -1.15
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 822.5M | 843.2M |
| Avg | 763.0M | 793.1M |
| Low | 719.3M | 753.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 11.2% | 10.5% |
| Avg | 3.2% | 4.0% |
| Low | -2.7% | -1.3% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -1.13 | -0.88 |
| Avg | -1.15 | -0.85 |
| Low | -1.18 | -0.82 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.