Xenia Hotels & Resorts (NYSE:XHR) Posts Quarterly Earnings Results, Beats Estimates By $0.34 EPS

Xenia Hotels & Resorts (NYSE:XHR) announced its quarterly earnings results on Tuesday. The real estate investment trust reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.34, Zacks reports. The firm had revenue of $261.80 million during the quarter, compared to analysts’ expectations of $263.47 million. Xenia Hotels & Resorts had a net margin of 2.37% and a return on equity of 1.86%. The firm’s revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.41 EPS. Xenia Hotels & Resorts updated its FY 2025 guidance to 1.550-1.740 EPS and its FY25 guidance to $1.55-$1.74 EPS.

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR opened at $13.26 on Thursday. The firm’s 50 day moving average is $14.77 and its two-hundred day moving average is $14.69. The firm has a market capitalization of $1.35 billion, a P/E ratio of 57.65 and a beta of 1.50. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 1.07. Xenia Hotels & Resorts has a 52 week low of $12.34 and a 52 week high of $16.50.

Xenia Hotels & Resorts Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.14 dividend. The ex-dividend date is Monday, March 31st. This is an increase from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a yield of 4.22%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 208.70%.

Analysts Set New Price Targets

XHR has been the subject of a number of recent research reports. StockNews.com upgraded Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday. Wells Fargo & Company dropped their price objective on shares of Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group increased their price target on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, January 2nd. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.38.

Xenia Hotels & Resorts Company Profile

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