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

Xenia Hotels & Resorts (NYSE:XHR) released its quarterly earnings data on Tuesday. The real estate investment trust reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.34, Zacks reports. The firm had revenue of $261.80 million for the quarter, compared to the consensus estimate of $263.47 million. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The business’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.41 earnings per share. 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 5.5 %

Shares of NYSE:XHR opened at $13.18 on Wednesday. Xenia Hotels & Resorts has a 1 year low of $12.34 and a 1 year high of $16.50. The company has a market capitalization of $1.34 billion, a PE ratio of 57.05 and a beta of 1.50. The business has a fifty day moving average price of $14.77 and a two-hundred day moving average price of $14.69. 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 Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors 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 dividend on an annualized basis and a yield of 4.25%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 208.70%.

Analyst Upgrades and Downgrades

XHR has been the topic of several recent research reports. Wells Fargo & Company dropped their price target on shares of 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. StockNews.com lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, February 19th. Finally, Jefferies Financial Group upped their price target on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Xenia Hotels & Resorts has an average rating of “Hold” and an average target price of $17.38.

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.