Braemar Hotels & Resorts Inc. · Brief

Next report

4 days

Nov 4 · after closeconfirmedQ3 FY26

Earnings

Expected move

No implied move.

Implied vs realized

8 reportsHistory

0 of 8≥ implied

avg implied: ±24.9%
avg realized: ±4.3%

Nov 6 '24±23.8%▲+5.76%×0.24

Feb 26 '25±16.7%▲+0.39%×0.02

May 7 '25±19.3%▲+3.64%×0.19

Jul 31 '25±13.9%▼−5.46%×0.39

Q3 FY25±19.9%▲+3.20%×0.16

Q1 FY26±26.8%▼−5.21%×0.19

May 6 '26±27.2%▲+7.42%×0.27

Q2 FY26±51.3%▲+3.41%×0.07

quarterimplied−55%0+55%realized×

Q2 FY26±51.3%▲+3.41%×0.07

May '26±27.2%▲+7.42%×0.27

Q1 FY26±26.8%▼−5.21%×0.19

Q3 FY25±19.9%▲+3.20%×0.16

Jul '25±13.9%▼−5.46%×0.39

May '25±19.3%▲+3.64%×0.19

2 older reports

Feb '25±16.7%▲+0.39%×0.02

Nov '24±23.8%▲+5.76%×0.24

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Nov 4 report · confirmed

Bull2 of 3

127managers reporting a position in the latest quarterly filings13F · Jun 30 '26

+3.34%change in shares held by the ten largest reporting managers over the latest quarter13F · Jun 30 '26

Bear2

0.00%of iShares Russell 2000 ETF's assets, the largest tracked-fund weightN-PORT · Jun 30 '26

7 of 25of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Sep 16 '26once per report · top 2 per case

Linked exposure

BHR report session

Suppliers 3

HHyatt×0.24 MARMarriott International×0.19 HLTHilton Worldwide×0.16

× = co-movement · max 501dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 21impliedImplied move: ±59.5% into Nov 4 earnings (Oct 21 close).Source

Oct 88-KMaterial agreement: Cooperation and Settlement Agreement with Al Shams Investments Limited.Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.