Xenia Hotels & Resorts, Inc. (NYSE:XHR – Free Report) – Analysts at B. Riley lifted their FY2024 earnings per share estimates for shares of Xenia Hotels & Resorts in a research note issued to investors on Monday, May 13th. B. Riley analyst B. Maher now anticipates that the real estate investment trust will earn $1.57 per share for the year, up from their prior estimate of $1.55. B. Riley currently has a “Neutral” rating and a $17.00 target price on the stock. The consensus estimate for Xenia Hotels & Resorts’ current full-year earnings is $1.55 per share. B. Riley also issued estimates for Xenia Hotels & Resorts’ Q4 2025 earnings at $0.44 EPS.
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last released its earnings results on Tuesday, February 27th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Xenia Hotels & Resorts had a net margin of 2.09% and a return on equity of 1.58%. The company had revenue of $253.38 million during the quarter, compared to the consensus estimate of $253.00 million.
A number of other equities research analysts have also weighed in on XHR. KeyCorp boosted their target price on Xenia Hotels & Resorts from $15.00 to $17.00 and gave the company an “overweight” rating in a research note on Friday, April 5th. StockNews.com raised Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, May 3rd. Jefferies Financial Group raised Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and upped their price target for the company from $14.00 to $18.00 in a research report on Thursday, February 29th. Finally, Wells Fargo & Company upped their price target on Xenia Hotels & Resorts from $14.00 to $15.50 and gave the company an “equal weight” rating in a research report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $15.70.
Get Our Latest Stock Report on XHR
Xenia Hotels & Resorts Trading Up 0.6 %
NYSE XHR opened at $14.85 on Thursday. Xenia Hotels & Resorts has a 1-year low of $10.90 and a 1-year high of $15.84. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 1.06. The stock has a 50-day moving average of $14.76 and a 200-day moving average of $13.69. The firm has a market cap of $1.51 billion, a PE ratio of 78.14 and a beta of 1.46.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in XHR. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Xenia Hotels & Resorts by 7.7% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 43,605 shares of the real estate investment trust’s stock worth $514,000 after acquiring an additional 3,099 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of Xenia Hotels & Resorts by 10.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 11,199 shares of the real estate investment trust’s stock worth $132,000 after acquiring an additional 1,092 shares in the last quarter. Nisa Investment Advisors LLC raised its position in shares of Xenia Hotels & Resorts by 3.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 48,626 shares of the real estate investment trust’s stock worth $573,000 after acquiring an additional 1,551 shares in the last quarter. Illinois Municipal Retirement Fund bought a new position in shares of Xenia Hotels & Resorts in the 3rd quarter worth approximately $750,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Xenia Hotels & Resorts by 3.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,195,444 shares of the real estate investment trust’s stock worth $25,862,000 after buying an additional 70,937 shares during the last quarter. Institutional investors own 92.43% of the company’s stock.
Xenia Hotels & Resorts Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Thursday, March 28th were given a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.48 annualized dividend and a dividend yield of 3.23%. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.10. Xenia Hotels & Resorts’s dividend payout ratio is currently 252.64%.
Xenia Hotels & Resorts Company Profile
Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.
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