Research Analysts Issue Forecasts for XHR FY2024 Earnings

Xenia Hotels & Resorts, Inc. (NYSE:XHR) – Research analysts at B. Riley reduced their FY2024 earnings per share (EPS) estimates for Xenia Hotels & Resorts in a report released on Wednesday, November 13th. B. Riley analyst B. Maher now forecasts that the real estate investment trust will post earnings per share of $1.47 for the year, down from their prior estimate of $1.55. B. Riley currently has a “Neutral” rating and a $15.50 price target on the stock. The consensus estimate for Xenia Hotels & Resorts’ current full-year earnings is $1.46 per share. B. Riley also issued estimates for Xenia Hotels & Resorts’ Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $1.49 EPS.

Several other analysts also recently weighed in on XHR. StockNews.com downgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Monday. Wells Fargo & Company raised Xenia Hotels & Resorts from an “equal weight” rating to an “overweight” rating and lowered their target price for the company from $16.00 to $15.00 in a research note on Friday, September 13th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $16.38.

Xenia Hotels & Resorts Stock Performance

NYSE:XHR opened at $15.03 on Friday. Xenia Hotels & Resorts has a 1-year low of $12.05 and a 1-year high of $15.84. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 65.35 and a beta of 1.51. The business has a 50 day moving average of $14.59 and a 200 day moving average of $14.25. 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 Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date of this dividend was Monday, September 30th. Xenia Hotels & Resorts’s payout ratio is 208.70%.

Institutional Trading of Xenia Hotels & Resorts

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. purchased a new stake in Xenia Hotels & Resorts in the second quarter worth $25,000. Loomis Sayles & Co. L P lifted its position in Xenia Hotels & Resorts by 3,146.0% during the third quarter. Loomis Sayles & Co. L P now owns 2,045 shares of the real estate investment trust’s stock valued at $30,000 after buying an additional 1,982 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Xenia Hotels & Resorts by 34.9% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,958 shares of the real estate investment trust’s stock valued at $60,000 after buying an additional 1,023 shares during the period. EntryPoint Capital LLC purchased a new position in Xenia Hotels & Resorts during the first quarter valued at $135,000. Finally, International Assets Investment Management LLC lifted its position in Xenia Hotels & Resorts by 2,559.7% during the third quarter. International Assets Investment Management LLC now owns 9,761 shares of the real estate investment trust’s stock valued at $144,000 after buying an additional 9,394 shares during the period. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.