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

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) posted its quarterly earnings data on Tuesday. The real estate investment trust reported $0.39 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $261.80 million during the quarter, compared to analysts' expectations of $263.47 million. During the same quarter last year, the company posted $0.41 EPS. The company's quarterly revenue 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 Trading Up 1.0 %

Shares of XHR stock traded up $0.14 on Friday, reaching $13.43. The company had a trading volume of 1,143,657 shares, compared to its average volume of 682,596. The stock has a market cap of $1.36 billion, a PE ratio of 58.37 and a beta of 1.50. The company has a 50-day moving average of $14.70 and a 200-day moving average of $14.67. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.07. Xenia Hotels & Resorts has a 12 month low of $12.34 and a 12 month high of $16.50.

Xenia Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given 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 annualized dividend and a dividend yield of 4.17%. The ex-dividend date is Monday, March 31st. Xenia Hotels & Resorts's payout ratio is presently 373.33%.

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Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on XHR shares. StockNews.com raised Xenia Hotels & Resorts from a "sell" rating to a "hold" rating in a research note on Thursday. Jefferies Financial Group boosted their price objective on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a "buy" rating in a report on Thursday, January 2nd. Finally, Wells Fargo & Company lowered their price target on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of "Moderate Buy" and a consensus target price of $17.38.

Xenia Hotels & Resorts Company Profile

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.