Xenia Hotels & Resorts Inc (NYSE:XHR) has been given an average rating of “Hold” by the eight ratings firms that are covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $25.67.
Several research firms have recently weighed in on XHR. ValuEngine lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Thursday, October 4th. Zacks Investment Research raised shares of Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and set a $26.00 target price on the stock in a report on Friday, October 5th. B. Riley set a $25.00 target price on shares of Xenia Hotels & Resorts and gave the stock a “hold” rating in a report on Tuesday, November 6th. Finally, Wells Fargo & Co lowered their target price on shares of Xenia Hotels & Resorts from $26.00 to $25.00 and set a “market perform” rating on the stock in a report on Tuesday, August 28th.
In other news, insider Marcel Verbaas bought 5,000 shares of the stock in a transaction dated Friday, November 30th. The shares were acquired at an average price of $19.99 per share, with a total value of $99,950.00. Following the acquisition, the insider now owns 100,726 shares in the company, valued at $2,013,512.74. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.89% of the stock is currently owned by corporate insiders.
Shares of XHR stock traded down $0.17 during mid-day trading on Thursday, reaching $19.43. The company’s stock had a trading volume of 577,000 shares, compared to its average volume of 529,321. Xenia Hotels & Resorts has a 1-year low of $19.08 and a 1-year high of $25.90. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 9.43, a P/E/G ratio of 1.55 and a beta of 1.03. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.95 and a current ratio of 1.95.
Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Monday, November 5th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.35). Xenia Hotels & Resorts had a net margin of 9.93% and a return on equity of 5.96%. The business had revenue of $241.00 million during the quarter, compared to analyst estimates of $240.55 million. During the same quarter in the prior year, the company posted $0.50 EPS. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts predict that Xenia Hotels & Resorts will post 2.13 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st will be issued a $0.275 dividend. This represents a $1.10 annualized dividend and a dividend yield of 5.66%. The ex-dividend date of this dividend is Friday, December 28th. Xenia Hotels & Resorts’s payout ratio is 53.40%.
Xenia Hotels & Resorts Company Profile
Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in premium full service and lifestyle hotels, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 40 hotels comprising 11,239 rooms, across 17 states and the District of Columbia.
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