Xenia Hotels & Resorts, Inc. (NYSE:XHR) Given Consensus Recommendation of “Moderate Buy” by Analysts

Xenia Hotels & Resorts, Inc. (NYSE:XHR) has been assigned a consensus rating of “Moderate Buy” from the six analysts that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $13.20.

Several research firms recently commented on XHR. BMO Capital Markets boosted their target price on Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 2nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Xenia Hotels & Resorts in a report on Thursday. Wells Fargo & Company raised shares of Xenia Hotels & Resorts to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, Wall Street Zen lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Hedge funds and other institutional investors have recently modified their holdings of the company. GSA Capital Partners LLP bought a new position in shares of Xenia Hotels & Resorts during the first quarter valued at approximately $789,000. Victory Capital Management Inc. increased its position in Xenia Hotels & Resorts by 223.7% during the 1st quarter. Victory Capital Management Inc. now owns 337,051 shares of the real estate investment trust’s stock valued at $3,964,000 after purchasing an additional 232,918 shares during the period. American Century Companies Inc. increased its position in Xenia Hotels & Resorts by 235.7% during the 1st quarter. American Century Companies Inc. now owns 106,137 shares of the real estate investment trust’s stock valued at $1,248,000 after purchasing an additional 74,525 shares during the period. Allspring Global Investments Holdings LLC raised its holdings in Xenia Hotels & Resorts by 54.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 494,924 shares of the real estate investment trust’s stock worth $6,439,000 after purchasing an additional 173,945 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of Xenia Hotels & Resorts in the 1st quarter worth about $2,118,000. 92.43% of the stock is currently owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR opened at $14.07 on Friday. The company has a 50 day moving average of $13.58 and a 200 day moving average of $13.00. The company has a current ratio of 2.96, a quick ratio of 2.96 and a debt-to-equity ratio of 1.13. The stock has a market cap of $1.33 billion, a P/E ratio of 22.33 and a beta of 1.71. Xenia Hotels & Resorts has a 12 month low of $8.55 and a 12 month high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Friday, October 31st. The real estate investment trust reported $0.23 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.39. The firm had revenue of $236.42 million during the quarter, compared to the consensus estimate of $236.16 million. Xenia Hotels & Resorts had a net margin of 5.86% and a return on equity of 4.95%. During the same period last year, the firm earned $0.25 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. As a group, sell-side analysts forecast that Xenia Hotels & Resorts will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be given a $0.14 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $0.56 annualized dividend and a yield of 4.0%. Xenia Hotels & Resorts’s payout ratio is 100.00%.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a real estate investment trust, which engages in the provision of investment in 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.