Xenia Hotels & Resorts (NYSE:XHR) Announces Quarterly Earnings Results

Xenia Hotels & Resorts (NYSE:XHR) released its quarterly earnings results on Tuesday. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.34, Zacks reports. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The business had revenue of $261.80 million during the quarter, compared to the consensus estimate of $263.47 million. During the same period in the previous year, the company posted $0.41 EPS. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. Xenia Hotels & Resorts updated its FY 2025 guidance to 1.550-1.740 EPS and its FY25 guidance to $1.55-$1.74 EPS.

Xenia Hotels & Resorts Stock Down 0.2 %

Shares of XHR stock opened at $13.98 on Tuesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 2.20 and a quick ratio of 2.20. Xenia Hotels & Resorts has a one year low of $12.34 and a one year high of $16.50. The company’s fifty day moving average price is $14.82 and its 200-day moving average price is $14.69. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 60.77 and a beta of 1.50.

Xenia Hotels & Resorts Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be given a $0.14 dividend. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 dividend on an annualized basis and a dividend yield of 4.01%. Xenia Hotels & Resorts’s dividend payout ratio is presently 208.70%.

Analyst Ratings Changes

Several analysts recently issued reports on XHR shares. Wells Fargo & Company cut their target price on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Jefferies Financial Group upped their price objective on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Finally, StockNews.com cut Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, February 19th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $17.38.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the investment of 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.