Xenia Hotels & Resorts (NYSE:XHR) Posts Earnings Results
Xenia Hotels & Resorts (NYSE:XHR) reported earnings of $0.23 per share, exceeding estimates of ($0.16) by $0.39, with revenues of $236.42 million. The company updated its FY 2025 EPS guidance to 1.680-1.76. The stock traded down to $12.38, with a market cap of $1.19 billion and a dividend yield of 4.5%. Analysts have mixed ratings, with a consensus target price of $13.20. Xenia Hotels & Resorts focuses on luxury and upscale hotels, operating a diversified portfolio of properties.
Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) announced its quarterly earnings results on Friday. The real estate investment trust reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of ($0.16) by $0.39, Zacks reports. The company had revenue of $236.42 million for the quarter, compared to analyst estimates of $236.16 million. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. During the same quarter last year, the business earned $0.25 EPS. Xenia Hotels & Resorts updated its FY 2025 guidance to 1.680-1.76 EPS.
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Xenia Hotels & Resorts Stock Performance
NYSE:XHR traded down $0.37 during trading hours on Friday, reaching $12.38. 1,633,148 shares of the stock were exchanged, compared to its average volume of 921,731. The firm has a 50 day simple moving average of $13.78 and a 200-day simple moving average of $12.73. Xenia Hotels & Resorts has a 52 week low of $8.55 and a 52 week high of $16.50. The stock has a market capitalization of $1.19 billion, a P/E ratio of 19.64 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 Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.56 annualized dividend and a dividend yield of 4.5%. Xenia Hotels & Resorts's dividend payout ratio (DPR) is presently 88.89%.
Hedge Funds Weigh In On Xenia Hotels & Resorts
Large investors have recently added to or reduced their stakes in the company. State of Wyoming bought a new position in shares of Xenia Hotels & Resorts in the 2nd quarter worth about $118,000. M&T Bank Corp bought a new position in shares of Xenia Hotels & Resorts in the 2nd quarter worth about $138,000. Cerity Partners LLC bought a new position in Xenia Hotels & Resorts in the second quarter worth about $167,000. Tower Research Capital LLC TRC lifted its holdings in Xenia Hotels & Resorts by 512.4% in the second quarter. Tower Research Capital LLC TRC now owns 16,106 shares of the real estate investment trust's stock worth $202,000 after acquiring an additional 13,476 shares during the last quarter. Finally, Creative Planning bought a new position in Xenia Hotels & Resorts in the second quarter worth about $230,000. 92.43% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on XHR shares. BMO Capital Markets upped their price target on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 2nd. Weiss Ratings reiterated a "hold (c)" rating on shares of Xenia Hotels & Resorts in a report on Wednesday, October 8th. Wells Fargo & Company upgraded Xenia Hotels & Resorts to a "strong-buy" rating in a report on Friday, October 3rd. Finally, Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $13.20.
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Xenia Hotels & Resorts Company Profile
(Get Free Report)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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