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

Xenia Hotels & Resorts (NYSE:XHR) issued its quarterly earnings results on Tuesday. The real estate investment trust reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.34, Zacks reports. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The company had revenue of $261.80 million during the quarter, compared to analyst estimates of $263.47 million. During the same period in the prior year, the business posted $0.41 EPS. The business’s revenue for the quarter 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 Performance

XHR opened at $13.26 on Thursday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 1.07. The firm has a market cap of $1.35 billion, a PE ratio of 57.65 and a beta of 1.50. The business has a fifty day simple moving average of $14.77 and a 200-day simple moving average of $14.69. Xenia Hotels & Resorts has a fifty-two week low of $12.34 and a fifty-two week high of $16.50.

Xenia Hotels & Resorts Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.14 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.56 annualized dividend and a dividend yield of 4.22%. This is a boost from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. Xenia Hotels & Resorts’s dividend payout ratio is currently 208.70%.

Analyst Ratings Changes

A number of research firms have weighed in on XHR. StockNews.com upgraded Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Thursday. Wells Fargo & Company decreased their target price on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating for the company in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group lifted their target price on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, January 2nd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” 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.