Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) updated its FY 2024 earnings guidance on Thursday. The company provided EPS guidance of 1.620-1.740 for the period, compared to the consensus EPS estimate of 1.690. The company issued revenue guidance of -.
Analyst Ratings Changes
Separately, StockNews.com upgraded Xenia Hotels & Resorts from a sell rating to a hold rating in a research report on Friday, May 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Xenia Hotels & Resorts presently has a consensus rating of Hold and an average target price of $15.70.
View Our Latest Analysis on XHR
Xenia Hotels & Resorts Price Performance
Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last issued its earnings results on Thursday, May 2nd. The real estate investment trust reported $0.08 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.28). The business had revenue of $267.49 million during the quarter, compared to analyst estimates of $258.80 million. Xenia Hotels & Resorts had a return on equity of 1.72% and a net margin of 2.24%. As a group, sell-side analysts predict that Xenia Hotels & Resorts will post 1.68 earnings per share for the current year.
Xenia Hotels & Resorts Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a $0.12 dividend. The ex-dividend date was Friday, June 28th. This represents a $0.48 annualized dividend and a dividend yield of 3.61%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 252.64%.
Xenia Hotels & Resorts Company Profile
Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states.
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