Xenia Hotels & Resorts, Inc. (XHR) To Go Ex-Dividend on September 30th

Xenia Hotels & Resorts, Inc. (NYSE:XHR) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Wednesday, September 30th will be given a dividend of 0.14 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Wednesday, September 30th.

Xenia Hotels & Resorts has increased its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 3 years. Xenia Hotels & Resorts has a dividend payout ratio of 254.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Xenia Hotels & Resorts Stock Performance

Shares of XHR opened at $17.86 on Wednesday. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.17. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of -255.15 and a beta of 1.14. The stock has a 50 day moving average of $19.34 and a 200 day moving average of $17.87. Xenia Hotels & Resorts has a 12 month low of $11.75 and a 12 month high of $22.06.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.37. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The business had revenue of $295.49 million for the quarter, compared to analysts’ expectations of $302.39 million. During the same quarter in the previous year, the firm earned $0.57 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. As a group, sell-side analysts forecast that Xenia Hotels & Resorts will post 1.89 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on XHR. BMO Capital Markets cut shares of Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $22.00 to $20.50 in a research note on Tuesday, September 1st. Wells Fargo & Company raised their price objective on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Weiss Ratings cut shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a report on Thursday, August 13th. Finally, KeyCorp lifted their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $20.12.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (NYSE:XHR) is a self-advised real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts in the United States. The company focuses on properties located in major lodging markets and high-demand destination areas.

Xenia’s properties operate under a variety of leading hospitality brands, including Marriott, Hyatt, Hilton and Kimpton, as well as independent and lifestyle hotel brands. Its business activities include owning hotel real estate and working with hotel operators to provide lodging, food and beverage, meeting, event and other hospitality services.

The company was established in 2014 through a separation from Inland American Real Estate Trust and has been publicly traded on the New York Stock Exchange since that time.