Xenia Hotels & Resorts, Inc. (XHR) to Issue Quarterly Dividend of $0.14 on April 15th

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report) announced a quarterly dividend on Tuesday, February 24th. Shareholders of record on Tuesday, March 31st will be given a dividend of 0.14 per share by the real estate investment trust on Wednesday, April 15th. This represents a c) dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, March 31st.

Xenia Hotels & Resorts has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend every year for the last 3 years. Xenia Hotels & Resorts has a payout ratio of 254.5% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Equities research analysts expect Xenia Hotels & Resorts to earn $1.59 per share next year, which means the company should continue to be able to cover its $0.56 annual dividend with an expected future payout ratio of 35.2%.

Xenia Hotels & Resorts Stock Down 3.2%

Shares of NYSE:XHR opened at $14.62 on Friday. The firm has a 50 day simple moving average of $15.16 and a 200-day simple moving average of $14.36. Xenia Hotels & Resorts has a twelve month low of $8.55 and a twelve month high of $16.48. The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $1.35 billion, a PE ratio of 22.84 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHRGet Free Report) last posted its earnings results on Tuesday, February 24th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.41. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The firm had revenue of $265.58 million for the quarter, compared to the consensus estimate of $264.77 million. During the same period last year, the firm posted $0.39 EPS. The company’s revenue was up 1.5% on a year-over-year basis. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.78-1.990 EPS. On average, equities analysts predict that Xenia Hotels & Resorts will post 1.46 EPS for the current fiscal year.

Xenia Hotels & Resorts Company Profile

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Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.

Further Reading

Dividend History for Xenia Hotels & Resorts (NYSE:XHR)

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