Xenia Hotels & Resorts, Inc. (NYSE:XHR) Receives Average Rating of "Hold" from Brokerages

Key Points

• Xenia Hotels & Resorts has received a consensus rating of "Hold" from five analysts, with one sell rating, one hold rating, and three buy ratings, and an average target price of $13.20.
• The company reported $0.57 earnings per share for the last quarter, exceeding analysts' expectations, and indicated a revenue of $287.58 million, a 5.4% increase from the previous year.
• Xenia Hotels & Resorts has initiated a $100 million stock buyback program, which suggests management believes the stock is currently undervalued.

Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report) has earned a consensus rating of "Hold" from the five ratings firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $13.20.

Several equities analysts recently weighed in on XHR shares. BMO Capital Markets increased their price target on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the company an "outperform" rating in a research report on Tuesday, September 2nd. Wells Fargo & Company increased their price target on shares of Xenia Hotels & Resorts from $14.00 to $15.00 and gave the company an "overweight" rating in a research report on Wednesday, August 27th. Finally, Wall Street Zen lowered shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

Xenia Hotels & Resorts Stock Down 1.7%

XHR traded down $0.26 during trading on Tuesday, hitting $14.38. 734,613 shares of the company's stock were exchanged, compared to its average volume of 901,864. The business's 50 day moving average is $13.26 and its two-hundred day moving average is $12.33. The stock has a market cap of $1.38 billion, a P/E ratio of 22.83 and a beta of 1.72. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 1.13. Xenia Hotels & Resorts has a fifty-two week low of $8.55 and a fifty-two week high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last announced its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, beating the consensus estimate of $0.43 by $0.14. The company had revenue of $287.58 million during the quarter, compared to the consensus estimate of $273.43 million. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.52 earnings per share. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. As a group, equities analysts expect that Xenia Hotels & Resorts will post 1.46 earnings per share for the current fiscal year.

Xenia Hotels & Resorts declared that its Board of Directors has authorized a share repurchase program on Wednesday, May 14th that allows the company to buyback $100.00 million in shares. This buyback authorization allows the real estate investment trust to buy up to 8.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Large investors have recently modified their holdings of the company. GF Fund Management CO. LTD. purchased a new stake in Xenia Hotels & Resorts in the fourth quarter valued at approximately $28,000. Allworth Financial LP raised its stake in Xenia Hotels & Resorts by 231.4% in the first quarter. Allworth Financial LP now owns 2,575 shares of the real estate investment trust's stock valued at $30,000 after purchasing an additional 1,798 shares in the last quarter. Lazard Asset Management LLC purchased a new stake in Xenia Hotels & Resorts in the fourth quarter valued at approximately $47,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of Xenia Hotels & Resorts during the first quarter worth approximately $68,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Xenia Hotels & Resorts by 288.8% in the 2nd quarter. GAMMA Investing LLC now owns 6,438 shares of the real estate investment trust's stock worth $81,000 after acquiring an additional 4,782 shares during the last quarter. 92.43% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in luxury and upper upscale hotels and resorts. It also owns a diversified portfolio of lodging properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong, and Loews. The company was founded in 2007 and is headquartered in Orlando, FL.