Xenia Hotels & Resorts (NYSE:XHR) Issues FY 2025 Earnings Guidance

Key Points

• Xenia Hotels & Resorts has provided FY 2025 earnings guidance with an EPS target range of 1.660-1.800, surpassing the consensus estimate of 1.603.
• The company also declared a quarterly dividend of $0.14 per share, which results in an annualized payout of $0.56 and a yield of 4.4%.
• In addition, Xenia authorized a $100 million stock repurchase program, indicating management's belief that the company's shares are undervalued.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 1.660-1.800 for the period, compared to the consensus earnings per share estimate of 1.603. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages recently weighed in on XHR. Wall Street Zen lowered Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research report on Saturday. Morgan Stanley cut their target price on Xenia Hotels & Resorts from $11.00 to $9.00 and set an "underweight" rating on the stock in a report on Tuesday, April 22nd. Wells Fargo & Company lifted their target price on Xenia Hotels & Resorts from $12.00 to $14.00 and gave the stock an "overweight" rating in a report on Tuesday, July 1st. Finally, Jefferies Financial Group downgraded Xenia Hotels & Resorts from a "buy" rating to a "hold" rating and cut their target price for the stock from $18.00 to $10.00 in a report on Wednesday, April 9th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, Xenia Hotels & Resorts presently has a consensus rating of "Hold" and a consensus target price of $12.90.

Xenia Hotels & Resorts Price Performance

NYSE XHR traded down $0.10 during trading hours on Tuesday, reaching $12.70. 1,120,064 shares of the stock traded hands, compared to its average volume of 952,079. The stock has a 50 day simple moving average of $12.64 and a two-hundred day simple moving average of $12.52. Xenia Hotels & Resorts has a 1 year low of $8.55 and a 1 year high of $16.50. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.96 and a quick ratio of 1.95. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 20.15 and a beta of 1.72.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last posted its earnings results on Friday, August 1st. The real estate investment trust reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.14. The company had revenue of $287.58 million for the quarter, compared to analysts' expectations of $273.43 million. Xenia Hotels & Resorts had a return on equity of 4.95% and a net margin of 5.86%. Xenia Hotels & Resorts's quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the firm earned $0.52 earnings per share. On average, analysts predict that Xenia Hotels & Resorts will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend was Monday, June 30th. Xenia Hotels & Resorts's payout ratio is presently 88.89%.

Xenia Hotels & Resorts announced that its Board of Directors has approved a share repurchase program on Wednesday, May 14th that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 8.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Institutional Trading of Xenia Hotels & Resorts

A number of hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC grew its holdings in shares of Xenia Hotels & Resorts by 85.0% in the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust's stock worth $1,101,000 after acquiring an additional 43,026 shares during the period. AQR Capital Management LLC grew its position in shares of Xenia Hotels & Resorts by 75.0% during the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust's stock valued at $469,000 after purchasing an additional 17,097 shares in the last quarter. Royal Bank of Canada grew its position in shares of Xenia Hotels & Resorts by 18.9% during the first quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust's stock valued at $366,000 after purchasing an additional 4,950 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Xenia Hotels & Resorts by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust's stock valued at $713,000 after purchasing an additional 2,633 shares during the period. 92.43% of the stock is owned by institutional investors.

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.