How often does Braemar Hotels & Resorts move more than the options market prices?

0 of the last 8 reports moved at least as far as the implied move.

BHRNYSEReal Estate Investment Trusts

Braemar Hotels & Resorts Inc. (BHR) earnings date, market-implied expected move, and options open interest by expiry

1.33

+0.01 · +0.76%

post 1.33 0.00%

Closed16:00 ET

Open1.33Volume789,438Mkt cap$89.3MEPS-0.73Div yield15.38%

Day1.31 – 1.3641%52-wk1.18 – 3.197%

BHR

Braemar Hotels & Resorts Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Nov 4

after close · in 4 days

confirmedQ3 FY26

Calendar

Next report

Last report

+3.41%

vs ±51.3% implied · ×0.07

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

2dH · supplierHyatt posts net income of $58 million for quarter, $206 million for nine months
4dHLT · supplierHilton posts Q3 net income $536 million, diluted EPS $2.37; Adjusted EBITDA $1,058 million
22dMAR · supplierMarriott International Announces Release Date For Third Quarter 2026 Earnings

News

Largest filed tie

13F top-10 QoQ

+3.34%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

127 managers

Top fund weight

0.00%

BHR weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Braemar Hotels & Resorts (BHR) reports on Nov 4 after close (confirmed date).

Implied vs realized

8 reports

0 of 8≥ implied

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

Nov 6 '24Nov 6 '24confirmed±23.8%▲+5.76%×0.24

Feb 26 '25Feb 26 '25confirmed±16.7%▲+0.39%×0.02

May 7 '25May 7 '25confirmed±19.3%▲+3.64%×0.19

Jul 31 '25Jul 31 '25confirmed±13.9%▼−5.46%×0.39

Q3 FY25Nov 4 '25confirmed±19.9%▲+3.20%×0.16

Q1 FY26Feb 26 '26confirmed±26.8%▼−5.21%×0.19

May 6 '26May 6 '26confirmed±27.2%▲+7.42%×0.27

Q2 FY26Aug 5 '26confirmed±51.3%▲+3.41%×0.07

quarterimplied−55%0+55%realized×

Q2 FY26±51.3%▲+3.41%×0.07

May '26±27.2%

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

Implied vs realized

Positioning

OI · 2 expiries · Oct 26 close

0.03OI · 2 expiries · Oct 26 closeP/C open interest · Jan 15 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

280%Jan 1576d1,0950%

520%Apr 16167d0.16325+28%0.16

ExpiryPutsCallsP/C

Jan 1576d280%1,0950%0.03

Apr 16167d520%325+28%0.16

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

4.06%as filednet margin · revenue −18.16% QoQ · −4.50% YoY

Revenue

$171M−18.16% QoQ

Gross profit

$54M−31.94% QoQ

31.49% margin

Operating income

$31M−22.75% QoQ

17.90% margin

Pre-tax income

$9M−51.56% QoQ

Net income

$7M−61.51% QoQ

4.06% margin

Cost of revenue

$117M−9.77% QoQ

Operating expenses

$23M−41.17% QoQ

Depreciation $21M

Other operating $15M

SG&A $4M

Other expense

$21M

Tax

$2M+75.09% QoQ

Revenue$171M−18.16%

Gross profit

$54M−31.94%

31.49% margin

Operating income

$31M−22.75%

17.90% margin

Pre-tax income

$9M−51.56%

Net income

$7M−61.51%

4.06% margin

Cost of revenue

$117M−9.77%

Operating expenses

$23M−41.17%

Depreciation $21M

Other operating $15M

SG&A $4M

Other expense

$21M

Tax$2M+75.09%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.27· ±3.2% vs ±2.5% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.2%8 of 24×1.27

NFPjobs report±2.3%6 of 10×0.92

PCEpersonal income & outlays±2.2%7 of 19×0.88

GDPgross domestic product±2.1%8 of 19×0.85

CPROFcorporate profits±2.1%5 of 12×0.82

PPIproducer prices±1.8%3 of 10×0.71

CPIconsumer prices±1.1%6 of 10×0.43

Bar = avg |move| to ±4% · tick = ±2.5% avg day · ×base = |move| ÷ ±2.5% · min 6 releases

Earnings history

EPS -0.01 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	-0.01	—
Q1 FY26	Feb 26 '26 · confirmed	0.07	—
Q3 FY25	Nov 4 '25 · confirmed	-0.12	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod