Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.55-$1.74 for the period, compared to the consensus earnings per share estimate of $1.76. Xenia Hotels & Resorts also updated its FY 2025 guidance to 1.550-1.740 EPS.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. Jefferies Financial Group boosted 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. Wells Fargo & Company reduced their price target on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 18th. Finally, StockNews.com downgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, February 19th. One investment 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 MarketBeat, the stock has an average rating of “Hold” and an average target price of $17.38.
Read Our Latest Analysis on XHR
Xenia Hotels & Resorts Stock Down 6.6 %
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The real estate investment trust reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.34. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The firm had revenue of $261.80 million during the quarter, compared to analyst estimates of $263.47 million. During the same quarter last year, the firm earned $0.41 EPS. Xenia Hotels & Resorts’s quarterly revenue was up 3.3% on a year-over-year basis. Equities research analysts anticipate that Xenia Hotels & Resorts will post 1.46 earnings per share for the current fiscal year.
Xenia Hotels & Resorts Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.14 per share. This is a positive change from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 4.30%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 208.70%.
About Xenia Hotels & Resorts
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.
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