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

Key Points

• Xenia Hotels & Resorts, Inc. has received an average rating of "Moderate Buy" from six brokerages, with expectations for a 1-year target price of $13.20.
• The company reported a quarterly earnings per share (EPS) of $0.57, exceeding analysts' expectations of $0.43, and experienced a 5.4% revenue increase year-over-year.
• Xenia Hotels & Resorts announced a quarterly dividend of $0.14 per share, translating to a 4.2% yield, with a payout ratio of 88.89%.

Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report) has received an average recommendation of "Moderate Buy" from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $13.20.

Several research analysts have issued reports on the company. Wall Street Zen cut Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. Wells Fargo & Company raised Xenia Hotels & Resorts to a "strong-buy" rating in a research report on Friday, October 3rd. BMO Capital Markets raised their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 2nd. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Xenia Hotels & Resorts in a research report on Wednesday, October 8th.

Xenia Hotels & Resorts Stock Performance

Shares of XHR stock opened at $13.35 on Wednesday. The stock has a fifty day moving average of $13.81 and a 200 day moving average of $12.58. Xenia Hotels & Resorts has a 52 week low of $8.55 and a 52 week high of $16.50. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 21.19 and a beta of 1.73. 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 (NYSE:XHR - Get Free Report) last announced its quarterly earnings results on Friday, August 1st. The real estate investment trust reported $0.57 EPS for the quarter, topping analysts' consensus estimates of $0.43 by $0.14. The company had revenue of $287.58 million during the quarter, compared to analyst estimates of $273.43 million. Xenia Hotels & Resorts had a return on equity of 4.95% and a net margin of 5.86%.The firm's revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.52 earnings per share. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.660-1.800 EPS. As a group, research analysts expect that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, September 30th. Xenia Hotels & Resorts's dividend payout ratio (DPR) is 88.89%.

Institutional Trading of Xenia Hotels & Resorts

A number of large investors have recently added to or reduced their stakes in XHR. Woodline Partners LP grew its position in Xenia Hotels & Resorts by 138.9% in the 1st quarter. Woodline Partners LP now owns 1,650,570 shares of the real estate investment trust's stock valued at $19,411,000 after acquiring an additional 959,641 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Xenia Hotels & Resorts by 76.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,070,540 shares of the real estate investment trust's stock valued at $26,027,000 after acquiring an additional 898,176 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its position in Xenia Hotels & Resorts by 1,207.7% in the 1st quarter. Adage Capital Partners GP L.L.C. now owns 650,000 shares of the real estate investment trust's stock valued at $7,644,000 after acquiring an additional 600,294 shares during the last quarter. Nuveen LLC bought a new position in Xenia Hotels & Resorts in the 1st quarter valued at $5,404,000. Finally, Millennium Management LLC grew its position in Xenia Hotels & Resorts by 17.8% in the 1st quarter. Millennium Management LLC now owns 2,126,198 shares of the real estate investment trust's stock valued at $25,004,000 after acquiring an additional 321,343 shares during the last quarter. Institutional investors own 92.43% of the company's stock.

About Xenia Hotels & Resorts

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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