Wall Street analysts predict that Xenia Hotels & Resorts Inc (NYSE:XHR) will report earnings per share (EPS) of $0.53 for the current fiscal quarter, Zacks reports. Six analysts have made estimates for Xenia Hotels & Resorts’ earnings. The highest EPS estimate is $0.54 and the lowest is $0.52. Xenia Hotels & Resorts posted earnings of $0.58 per share during the same quarter last year, which suggests a negative year over year growth rate of 8.6%. The company is expected to announce its next quarterly earnings results after the market closes on Monday, February 24th.

On average, analysts expect that Xenia Hotels & Resorts will report full-year earnings of $2.16 per share for the current financial year, with EPS estimates ranging from $2.13 to $2.17. For the next financial year, analysts forecast that the business will post earnings of $2.13 per share, with EPS estimates ranging from $1.99 to $2.20. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow Xenia Hotels & Resorts.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings results on Thursday, October 31st. The real estate investment trust reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.01. The company had revenue of $268.90 million during the quarter, compared to the consensus estimate of $260.97 million. Xenia Hotels & Resorts had a net margin of 12.23% and a return on equity of 7.90%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 earnings per share.

Several analysts recently weighed in on XHR shares. Janney Montgomery Scott began coverage on shares of Xenia Hotels & Resorts in a research report on Monday, December 16th. They issued a “neutral” rating and a $23.50 price objective on the stock. Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. Morgan Stanley dropped their price target on shares of Xenia Hotels & Resorts from $18.00 to $16.00 and set an “underweight” rating on the stock in a research note on Thursday, January 9th. Jefferies Financial Group cut Xenia Hotels & Resorts from a “buy” rating to a “hold” rating and cut their price target for the company from $26.00 to $22.00 in a report on Thursday, October 17th. They noted that the move was a valuation call. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $22.07.

Shares of XHR stock traded down $0.21 during trading hours on Tuesday, reaching $20.37. The stock had a trading volume of 696,082 shares, compared to its average volume of 553,352. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.26 and a quick ratio of 2.26. Xenia Hotels & Resorts has a twelve month low of $17.72 and a twelve month high of $23.33. The firm has a 50-day simple moving average of $21.17 and a 200-day simple moving average of $21.03. The firm has a market capitalization of $2.32 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 2.01 and a beta of 1.02.

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.275 dividend. The ex-dividend date was Monday, December 30th. This represents a $1.10 dividend on an annualized basis and a yield of 5.40%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 49.55%.

A number of institutional investors and hedge funds have recently modified their holdings of XHR. Nisa Investment Advisors LLC lifted its stake in shares of Xenia Hotels & Resorts by 20.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 35,676 shares of the real estate investment trust’s stock worth $771,000 after buying an additional 6,064 shares during the last quarter. AE Wealth Management LLC grew its holdings in Xenia Hotels & Resorts by 2.9% during the fourth quarter. AE Wealth Management LLC now owns 21,490 shares of the real estate investment trust’s stock worth $464,000 after purchasing an additional 605 shares during the period. Johanson Financial Advisors Inc. acquired a new stake in shares of Xenia Hotels & Resorts during the 4th quarter worth about $237,000. State of Alaska Department of Revenue grew its holdings in Xenia Hotels & Resorts by 21.8% in the 4th quarter. State of Alaska Department of Revenue now owns 117,179 shares of the real estate investment trust’s stock valued at $2,531,000 after buying an additional 20,964 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Xenia Hotels & Resorts during the 3rd quarter worth approximately $352,000. 88.23% of the stock is currently owned by hedge funds and other institutional investors.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, 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 11,167 rooms across 17 states.

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