Braemar Hotels & Resorts Inc. BHR
Braemar Hotels & Resorts operates as a real estate investment trust (REIT), primarily dedicating its resources to the acquisition and development of high-end hotel and resort properties.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-03-12 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-12) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model BHR yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $704.01M | $-22.32M | $93.01M | $165.11M | $40.78M |
| 2024 | $728.40M | $-1.69M | $99.19M | $227.91M | $66.82M |
| 2023 | $739.34M | $-27.02M | $93.75M | $160.03M | $84.71M |
| 2022 | $669.59M | $17.76M | $78.60M | $154.15M | $109.48M |
| 2021 | $427.54M | $-26.66M | $74.27M | $73.59M | $63.95M |
| 2020 | $226.97M | $-105.26M | $74.20M | $-9.77M | $-50.29M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2025-12-31 | 2025-12-31 | 2026-01-15 | 2025-10-10 | $0.05 | Quarterly |
| 2025-09-30 | 2025-09-30 | 2025-10-15 | 2025-07-11 | $0.05 | Quarterly |
| 2025-06-30 | 2025-06-30 | 2025-07-15 | 2025-04-10 | $0.05 | Quarterly |
| 2025-03-31 | 2025-03-31 | 2025-04-15 | 2025-01-13 | $0.05 | Quarterly |
| 2024-12-31 | 2024-12-31 | 2025-01-15 | 2024-10-07 | $0.05 | Quarterly |
| 2024-09-30 | 2024-09-30 | 2024-10-15 | 2024-07-11 | $0.05 | Quarterly |
| 2024-06-28 | 2024-06-28 | 2024-07-15 | 2024-04-10 | $0.05 | Quarterly |
| 2024-03-27 | 2024-03-28 | 2024-04-15 | 2024-01-08 | $0.05 | Quarterly |
| 2023-12-28 | 2023-12-29 | 2024-01-16 | 2023-10-10 | $0.05 | Quarterly |
| 2023-09-28 | 2023-09-29 | 2023-10-16 | 2023-07-11 | $0.05 | Quarterly |
| 2023-06-29 | 2023-06-30 | 2023-07-17 | 2023-04-05 | $0.05 | Quarterly |
| 2023-03-30 | 2023-03-31 | 2023-04-17 | 2023-01-11 | $0.05 | Quarterly |
| 2022-12-29 | 2022-12-30 | 2023-01-17 | 2022-12-08 | $0.05 | Quarterly |
| 2022-09-29 | 2022-09-30 | 2022-10-17 | 2022-09-08 | $0.01 | Quarterly |
| 2022-06-29 | 2022-06-30 | 2022-07-15 | 2022-06-01 | $0.01 | Quarterly |
| 2022-03-30 | 2022-03-31 | 2022-04-15 | 2022-03-07 | $0.01 | Quarterly |
| 2019-12-30 | 2019-12-31 | 2020-01-15 | 2019-12-05 | $0.16 | Quarterly |
| 2019-09-27 | 2019-09-30 | 2019-10-15 | 2019-09-12 | $0.16 | Quarterly |
| 2019-06-27 | 2019-06-28 | 2019-07-15 | 2019-06-14 | $0.16 | Quarterly |
| 2019-03-28 | 2019-03-29 | 2019-04-15 | 2019-03-13 | $0.16 | Quarterly |
| 2018-12-28 | 2018-12-31 | 2019-01-15 | 2018-12-10 | $0.16 | Quarterly |
| 2018-09-27 | 2018-09-28 | 2018-10-15 | 2018-09-14 | $0.16 | Quarterly |
| 2018-06-28 | 2018-06-29 | 2018-07-16 | 2018-06-05 | $0.16 | Quarterly |
| 2018-03-28 | 2018-03-30 | 2018-04-16 | 2018-03-15 | $0.16 | Quarterly |
Coverage (payout of operating cash flow): 33.17%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — BHR
AI Reality Check, Inflation Stress Test
BRAEMAR HOTELS & RESORTS DECLARES PREFERRED DIVIDENDS FOR THE FOURTH QUARTER OF 2026
Blackwells Capital Releases "Life After Ashford," an Independent Analysis of Braemar Hotels & Resorts' Go-Forward Portfolio
Braemar Hotels & Resorts Announces Portfolio Update and 2027 Financial Outlook
BRAEMAR HOTELS & RESORTS TO ANNOUNCE THIRD QUARTER 2026 FINANCIAL RESULTS ON NOVEMBER 4, 2026
Al Shams Investments Nominates Five Highly Qualified, Independent Candidates for Election to the Board of Braemar Hotels & Resorts
Al Shams Expresses Intention to Nominate Majority Slate of Independent Directors for Braemar Hotels & Resorts
Sotherly Hotels (NASDAQ:SOHON) versus BRAEMAR HOTELS & RESORTS (NYSE:BHR) Financial Analysis
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
Other Lodging & Resorts REITs
Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.