Xenia Hotels & Resorts (NYSE:XHR) Updates FY25 Earnings Guidance

Xenia Hotels & Resorts (NYSE:XHR) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.55-$1.74 for the period, compared to the consensus earnings per share estimate of $1.76. Xenia Hotels & Resorts also updated its FY 2025 guidance to 1.550-1.740 EPS.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Jefferies Financial Group raised their price target on Xenia Hotels & Resorts from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, January 2nd. Wells Fargo & Company cut their price objective on Xenia Hotels & Resorts from $18.00 to $17.00 and set an “overweight” rating on the stock in a report on Tuesday, February 18th. Finally, StockNews.com downgraded Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Wednesday, February 19th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $17.38.

Xenia Hotels & Resorts Trading Up 3.1 %

Shares of Xenia Hotels & Resorts stock traded up $0.41 during trading hours on Wednesday, reaching $13.47. The stock had a trading volume of 166,662 shares, compared to its average volume of 640,418. The firm has a 50 day simple moving average of $14.77 and a two-hundred day simple moving average of $14.69. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 58.55 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 1 year low of $12.34 and a 1 year high of $16.50.

Xenia Hotels & Resorts (NYSE:XHR) last announced its earnings results on Tuesday, February 25th. The real estate investment trust reported $0.39 EPS for the quarter, beating the consensus estimate of $0.05 by $0.34. The business had revenue of $261.80 million for the quarter, compared to the consensus estimate of $263.47 million. Xenia Hotels & Resorts had a return on equity of 1.86% and a net margin of 2.37%. The company’s revenue was up 3.3% on a year-over-year basis. During the same period last year, the business posted $0.41 EPS. As a group, equities research analysts anticipate that Xenia Hotels & Resorts will post 1.46 earnings per share for the current year.

Xenia Hotels & Resorts Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be issued a dividend of $0.14 per share. This is an increase from Xenia Hotels & Resorts’s previous quarterly dividend of $0.12. This represents a $0.56 annualized dividend and a dividend yield of 4.16%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 208.70%.

About Xenia Hotels & Resorts

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.