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

Key Points

• Xenia Hotels & Resorts has a consensus rating of "Hold" from analysts, with one sell, one hold, and three buy ratings. The average target price is $13.20.
• The company recently reported a quarterly earnings per share (EPS) of $0.57, beating expectations, with revenues of $287.58 million reflecting a 5.4% year-over-year increase.
• Xenia Hotels & Resorts declared a quarterly dividend of $0.14 per share, amounting to an annual dividend yield of 3.9%, payable on October 15th.

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report) have received a consensus rating of "Hold" from the five analysts that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $13.20.

XHR has been the topic of several recent research reports. BMO Capital Markets lifted their price objective 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 lifted their price objective 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 downgraded shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

Institutional Trading of Xenia Hotels & Resorts

A number of hedge funds and other institutional investors have recently made changes to their positions in XHR. Allworth Financial LP raised its position in shares of Xenia Hotels & Resorts by 231.4% during the 1st quarter. Allworth Financial LP now owns 2,575 shares of the real estate investment trust's stock worth $30,000 after buying an additional 1,798 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of Xenia Hotels & Resorts during the 1st quarter worth about $68,000. GAMMA Investing LLC raised its position in shares of Xenia Hotels & Resorts by 288.8% during the 2nd quarter. GAMMA Investing LLC now owns 6,438 shares of the real estate investment trust's stock worth $81,000 after buying an additional 4,782 shares in the last quarter. AdvisorShares Investments LLC raised its position in shares of Xenia Hotels & Resorts by 38.2% during the 2nd quarter. AdvisorShares Investments LLC now owns 8,400 shares of the real estate investment trust's stock worth $106,000 after buying an additional 2,320 shares in the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Xenia Hotels & Resorts by 79.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,557 shares of the real estate investment trust's stock worth $108,000 after buying an additional 3,782 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors.

Xenia Hotels & Resorts Trading Up 0.7%

NYSE XHR opened at $14.35 on Friday. Xenia Hotels & Resorts has a one year low of $8.55 and a one year high of $16.50. The company has a 50-day simple moving average of $13.72 and a 200-day simple moving average of $12.45. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.96 and a current ratio of 2.96. The firm has a market capitalization of $1.37 billion, a PE ratio of 22.77 and a beta of 1.72.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.14. The firm had revenue of $287.58 million for 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%. Xenia Hotels & Resorts's quarterly revenue was up 5.4% compared to the same quarter last year. During the same period last year, the firm posted $0.52 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. On average, equities analysts forecast that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, September 30th. Xenia Hotels & Resorts's payout ratio is 88.89%.

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.

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