Braemar Hotels & Resorts Inc. (BHR) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
BHR currently has 68.4M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 3.0% over the past 2 years.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 07, 2026 |
10-Q filing | 68.4M shares outstanding |
68M | 0 |
| May 08, 2025 |
10-Q filing | 66.7M shares outstanding |
67M | 0 |
| Mar 12, 2025 |
10-K filing | 66.5M shares outstanding |
67M | 0 |
| Nov 12, 2024 |
10-Q filing | 66.5M shares outstanding |
67M | 0 |
| Aug 08, 2024 |
10-Q filing | 66.5M shares outstanding |
67M | 0 |
| Jul 02, 2024 |
8-K filing: Braemar Hotels & Resorts Inc. entered into a Cooperation Agreement with Blackwells Capital LLC regarding the withdrawal of the Blackwells Parties' proxy campaign, dismissal of pending litigation, and other matters, including a Share Ownership Agreement and a Loan Agreement where the company will provide an unsecured loan to BW Coinvest I, LLC to purchase 3,500,000 shares of the company's common stock on the open market. |
66M | 0 |
| May 09, 2024 |
10-Q filing | 66.5M shares outstanding |
66M | 0 |
| Mar 14, 2024 |
10-K filing | 66.0M shares outstanding |
66M | 0 |
| Nov 08, 2023 |
10-Q filing | 65.8M shares outstanding |
66M | 0 |
| Aug 07, 2023 |
10-Q filing | 65.8M shares outstanding |
66M | 0 |
| May 08, 2023 |
10-Q filing | 66.5M shares outstanding |
66M | 0 |
| Mar 10, 2023 |
10-K filing | 69.7M shares outstanding |
70M | 0 |
| Nov 07, 2022 |
10-Q filing | 71.0M shares outstanding |
71M | 0 |
| Aug 05, 2022 |
10-Q filing | 70.7M shares outstanding |
71M | 0 |
| May 06, 2022 |
10-Q filing | 65.9M shares outstanding |
66M | 0 |
| Mar 14, 2022 |
8-K filing: The company offered 6,000,000 shares of common stock to a seller in a private placement exempt from registration under Section 4(a)(2) of the Securities Act of 1933. |
65M | 0 |
| Mar 14, 2022 |
S-3 filing: This prospectus relates to resales of shares of common stock previously issued by us to the selling stockholders in connection with our acquisition of Dorado Beach, a Ritz-Carlton Reserve. |
65M | 0 |
| Mar 10, 2022 |
10-K filing | 65.3M shares outstanding |
65M | 0 |
| Dec 27, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. issued six million shares of common stock to DBR Hotel Owner LLC as part of the purchase agreement for the Ritz-Carlton Dorado Beach Hotel. |
59M | 0 |
| Nov 05, 2021 |
10-Q filing | 59.2M shares outstanding |
59M | 0 |
| Aug 06, 2021 |
10-Q filing | 59.5M shares outstanding |
60M | 0 |
| Jun 15, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. exchanged 2,493,629 shares of common stock for 633,536 shares of Series B Preferred Stock from May 6, 2021 through June 14, 2021, and in total has exchanged 6,966,355 shares of Common Stock for 1,871,093 shares of Series B Preferred Stock from March 16, 2021 through June 14, 2021. |
48M | 0 |
| May 07, 2021 |
10-Q filing | 47.9M shares outstanding |
48M | 0 |
| May 05, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. exchanged 4,472,726 shares of Common Stock for 1,237,557 shares of Series B Preferred Stock from March 16, 2021 through May 4, 2021. |
40M | 0 |
| Apr 23, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. exchanged 2,375,017 shares of its common stock for 696,457 shares of its 5.50% Series B Cumulative Convertible Preferred Stock. |
40M | 0 |
| Apr 21, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. entered into a purchase agreement with Lincoln Park Capital Fund, LLC, allowing the Company to sell up to $35,000,000 of its common stock. ($1.5M proceeds) |
40M | 0 |
| Apr 02, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. executed Amendment No. 5 to the Third Amended and Restated Agreement of Limited Partnership in connection with the Company's public offering of its Series E and Series M Redeemable Preferred Stock and reclassified 28,000,000 shares of Series E Preferred Stock and 28,000,000 shares of Series M Preferred Stock as unissued shares of preferred stock, and designated 28,000,000 shares of the Company's authorized capital stock as shares of the Series E Preferred Stock and 28,000,000 shares as Series M Preferred Stock. |
40M | 0 |
| Mar 22, 2021 |
S-3 filing: Braemar Hotels & Resorts Inc. is filing an S-3 registration statement for the potential sale of common stock, preferred stock, depositary shares, warrants, debt securities, rights and units up to a total of $300,000,000. |
40M | 0 |
| Mar 05, 2021 |
10-K filing | 40.5M shares outstanding |
40M | 0 |
| Feb 04, 2021 |
8-K filing: Braemar Hotels & Resorts Inc. entered into a Standby Equity Distribution Agreement (SEDA) with YA II PN, Ltd., allowing the Company to sell up to 7,780,786 shares of its common stock at the Company's request during the commitment period. |
34M | 0 |
| Nov 09, 2020 |
10-Q filing | 33.9M shares outstanding |
34M | 0 |
| Aug 06, 2020 |
10-Q filing | 32.9M shares outstanding |
33M | 0 |
| May 28, 2020 |
10-Q filing | 32.1M shares outstanding |
32M | 0 |
| Mar 13, 2020 |
10-K filing | 34.7M shares outstanding |
35M | 0 |
| Jan 24, 2020 |
8-K filing: Braemar Hotels & Resorts Inc. executed Amendment No. 4 to the Third Amended and Restated Agreement of Limited Partnership in connection with the Company's public offering of its Series E and Series M Redeemable Preferred Stock, designating and authorizing the issuance of up to 28,000,000 Series E and 28,000,000 Series M Redeemable Preferred Units. The company also amended its articles of incorporation to increase the number of authorized shares of common stock from 200,000,000 to 250,000,000 and preferred stock from 50,000,000 to 80,000,000. |
N/A | 0 |
| Jan 24, 2020 |
S-3/A filing: Braemar Hotels & Resorts Inc. is offering a maximum of 20,000,000 shares of its Series E Redeemable Preferred Stock or Series M Redeemable Preferred Stock in a primary offering and up to 8,000,000 shares pursuant to a dividend reinvestment plan at $25.00 per share. |
N/A | 0 |