Braemar Hotels & Resorts Inc

Chart & Performance

D1W1MN

Profile

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.

URL

https://www.bhrreit.com/

IPO date

Nov 06, 2013

Employees

116

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	739,343 10.42%	669,585 56.61%	427,542 88.37%
Cost of revenue	584,398	529,684	357,381
Unusual Expense (Income)
NOPBT	154,945	139,901	70,161
NOPBT Margin	20.96%	20.89%	16.41%
Operating Taxes	2,689	4,043	1,324
Tax Rate	1.74%	2.89%	1.89%
NOPAT	152,256	135,858	68,837
Net income	(27,017) -252.11%	17,761 -153.97%	(32,911) -73.60%
Dividends	(52,563)	(20,763)	(9,088)
Dividend yield	31.86%	7.25%	3.38%
Proceeds from repurchase of equity	61,575	270,711	102,085
BB yield	-37.32%	-94.52%	-37.99%
Debt
Debt current		60,692	546,000
Long-term debt	1,283,202	1,455,514	1,294,552
Deferred revenue		1,571,712	1,355,657
Other long-term liabilities	19,326	(1,609,777)	(1,395,125)
Net debt	1,195,929	1,252,976	1,622,865
Cash flow
Cash from operating activities	84,711	109,483	63,950
CAPEX		(49,148)	(25,644)
Cash from investing activities	(77,066)	(402,218)	(41,676)
Cash from financing activities	(156,838)	345,057	127,950
FCF	(1,858,353)	2,701,761	(441,420)
Balance
Cash	85,599	261,541	215,998
Long term investments	1,674	1,689	1,689
Excess cash	50,306	229,751	196,310
Stockholders' equity	100,028	917,870	340,312
Invested Capital	2,010,369	2,013,700	2,067,702
ROIC	7.57%	6.66%	3.84%
ROCE	7.52%	6.07%	3.02%
EV
Common stock shares outstanding	65,989	69,687	52,684
Price	2.50 -39.17%	4.11 -19.41%	5.10 10.63%
Market cap	164,972 -42.40%	286,414 6.60%	268,688 71.43%
EV	1,872,462	1,955,299	2,016,587
EBITDA	248,691	218,497	144,435
EV/EBITDA	7.53	8.95	13.96
Interest	94,219	49,710	28,693
Interest/NOPBT	60.81%	35.53%	40.90%