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BHR

Braemar Hotels & Resorts Inc. Common Stock (BHR) fair value

Real Estate · REIT - Hotel & Motel · NYSE · United States
$1.41-1.40%
Market cap $105MNext earnings 2026-11-04Updated Oct 18, 2026
Add earnings to calendarGoogle
Our verdict
Trades 81% below our fair value
Price
$1.41
Model fair valueConfidence: low
about $7.24
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a REIT (property company): Price to FFO and Dividend discount.
ACCE opinionBraemar Hotels & Resorts Inc. Common Stock (BHR)
Fair value (2 models)
Not available
ACCE price target
$1.20
Rating
Not rated
Horizon
12 months
ACCE price target published on 15 Oct 2026, 00:00 CEST.
Price used: $1.41 at the close on 23 Oct 2026, 22:00 CEST.
Models: Dividend discount and Price to FFO.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
26
out of 100
Analysts
0% buy
2 covering
P/E
0.0x
forward 20.6x
1-year return
-48.9%
Dividend yield
7.25%

Braemar Hotels & Resorts Inc. Common Stock in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Braemar owns and operates upscale full-service hotels and resorts, mostly in the United States, and its portfolio is the kind that depends on group and convention business as much as leisure travel. The structural case rests on that asset base, but the numbers in front of us point the other way: revenue fell 4.5% over the period, return on equity is slightly negative at -1.3%, and at a 7.7% operating margin the gap between revenue and profit is thin. A 20.6x forward multiple on a shrinking top line and a market cap of roughly $105M leaves little room for error, and the stock carries a 30/100 score with no index membership to anchor institutional demand. The near-term catalyst would have to be a visible turn in revenue, which the current figures do not yet show, so this looks like a name to watch rather than one that justifies a deeper look today.

AI-assisted·How I use AIWritten Oct 18, 2026
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
  • severe
    Negative free cash flow
    Free cash flow was $-37,126,000 against a $103M market cap, while debt to equity sits at 2.33. The company is burning cash with heavy leverage.
  • high
    Revenue shrinking, sharp recent drop
    Revenue fell 4.5% year over year and 18.2% quarter over quarter. Top-line momentum is reversing after a strong 5-year record.
  • high
    Price above ACCE price target
    The stock trades at $1.41 against an ACCE price target of $1.20, which is 17.5% above the target. Price has run ahead of our estimate.
  • moderate
    Thin and negative returns
    ROE is -1.3% and net margin is -0.4%, so the business is not earning a return on equity. The ACCE score of 30/100 has not moved in 90 days.

AI research notes

AI-assisted·How I use AIWritten Oct 20, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
  • Analysts' mean price target of $2.00 sits 42.9% above the $1.41 share price, implying upside to the sell-side view.
  • Latest quarterly earnings per share of 0.13 beat expectations of 0.04, a 225.0% surprise.
  • The 7.0% dividend yield pays shareholders well above what most stocks offer while they wait.
Why it could disappoint
  • Free cash flow over the last twelve months was negative at -$37M, so the business is consuming cash rather than generating it.
  • Debt to equity of 2.33 leaves the balance sheet heavily geared, which magnifies trouble if earnings keep slipping.
  • Revenue fell 4.5% year over year, and net margin of -0.4% and return on equity of -1.3% show it is not yet profitable.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Next results

Nov 4, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where BHR's valuation models land
Price
$1.41
Model fair valueConfidence: low
about $7.24
Model
Fair value
Upside
Dividend discount
Price to FFO
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

Bearish0% buy · 2 covering analysts
● Strong buy 0● Buy 0● Hold 2● Sell 0● Strong sell 0
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Press releases mentioning this company

Recent performance

1 week
-1.4%
1 month
-19.9%
3 months
-36.8%
6 months
-41.0%
YTD
-50.9%
1 year
-48.9%

SEC filings

Recommendation history, last 12 months

DateTypeNewPreviousPrice
15 Oct 2026, 00:00 CESTACCE price target$1.20first publication$1.25
14 Aug 2026, 00:00 CESTFair value$3.10$3.29$2.05
31 Jul 2026, 00:00 CESTFair value$3.29$3.19$2.42
29 Jul 2026, 00:00 CESTFair value$3.19$3.27$2.37
28 Jul 2026, 00:00 CESTFair value$3.27$3.18$2.27
25 Jul 2026, 00:00 CESTFair value$3.18$3.26$2.27
7 Jul 2026, 00:00 CESTFair value$3.26first publication$2.28

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth19Value37Quality30Momentum17Total26
Valuation
Trailing P/E
0.0x
Forward P/E
20.6x
PEG
no data
P/B
0.82x
EV / Revenue
1.1x
Book value/sh
$2.14
Enterprise value
$773M
Profitability
ROE
-1.3%
FCF yield
-35.36%
ROIC
-1.1%
Health and risk
Debt / equity
2.33
Dividend yield
7.25%
Beta
0.82

Price

-49.8% · 1Y

Ask anything about BHR

Answered from Braemar Hotels & Resorts Inc. Common Stock fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 100% of peers
low 0.0x0.0xhigh 175.4x
ROEbetter than 67% of peers
low -2260%-1%high 17%
Div yieldbetter than 100% of peers
low 0.0%7.2%high 7.2%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
BHR Braemar Hotels & Resorts Inc. Common Stock$1.41----1.3%3026
SOHON Sotherly Hotels Inc. 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock$3.53----22.3%2625
SOHOB Sotherly Hotels Inc. 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock$3.43----22.3%2625
SOHOO Sotherly Hotels Inc. 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock$3.60----22.3%2628
AHT Ashford Hospitality Trust Inc Common Stock$2.82----2260.4%2631
YATO.MC Atom Hoteles SOCIMI, S.A.€17.60€3143% below10.7x16.5%8154
CLDT Chatham Lodging Trust (REIT) Common Shares of Beneficial Interest$14.03--175.4x1.6%5971

Sector report card

Where BHR ranks against its sector peers on each metric.

Computing percentiles…
  • PR Newswire•Oct 16, 2026
    BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR THE FOURTH QUARTER OF 2026
  • GlobeNewswire•Oct 13, 2026
    Blackwells Capital Releases "Life After Ashford," an Independent Analysis of Braemar Hotels & Resorts' Go-Forward Portfolio
  • Business Wire•Oct 8, 2026
    Braemar Hotels & Resorts Announces Portfolio Update and 2027 Financial Outlook
15 more press releases · full archive on Investor+.INVESTOR
40 filings
October 2026
Oct 16
8-KCurrent reportPeriod 2026-10-16
View on SEC →
Oct 13
8-KCurrent reportPeriod 2026-10-13
View on SEC →
Oct 8
8-KCurrent reportPeriod 2026-10-08
View on SEC →
37 more filings + AI summaries on Investor+.INVESTOR