Xenia Hotels & Resorts, Inc. Announces Quarterly Dividend of $0.14 (NYSE:XHR)

Xenia Hotels & Resorts, Inc. (NYSE:XHR) announced a quarterly dividend on Friday, May 15th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.14 per share by the real estate investment trust on Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, June 30th.

Xenia Hotels & Resorts has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 3 years. Xenia Hotels & Resorts has a dividend payout ratio of 254.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Xenia Hotels & Resorts Trading Down 3.1%

Shares of NYSE XHR traded down $0.51 during trading on Friday, hitting $15.89. 1,225,877 shares of the company traded hands, compared to its average volume of 733,800. Xenia Hotels & Resorts has a 1 year low of $11.34 and a 1 year high of $17.23. The company has a 50-day moving average price of $15.49 and a 200-day moving average price of $14.85. The firm has a market capitalization of $1.47 billion, a P/E ratio of 22.69 and a beta of 1.17. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.14.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The company had revenue of $295.41 million during the quarter, compared to analysts’ expectations of $291.33 million. During the same period in the previous year, the company earned $0.51 EPS. The business’s quarterly revenue was up 2.2% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, equities analysts predict that Xenia Hotels & Resorts will post 1.81 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on XHR shares. Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. BMO Capital Markets reissued an “outperform” rating and set a $19.00 price objective on shares of Xenia Hotels & Resorts in a research note on Monday, May 4th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $17.33.

Xenia Hotels & Resorts Company Profile

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.