Wall Street analysts forecast that Xenia Hotels & Resorts Inc (NYSE:XHR) will announce $0.63 earnings per share (EPS) for the current quarter, according to Zacks. Six analysts have made estimates for Xenia Hotels & Resorts’ earnings, with the lowest EPS estimate coming in at $0.59 and the highest estimate coming in at $0.67. Xenia Hotels & Resorts posted earnings per share of $0.66 during the same quarter last year, which would indicate a negative year-over-year growth rate of 4.5%. The company is expected to issue its next quarterly earnings report before the market opens on Thursday, August 1st.

On average, analysts expect that Xenia Hotels & Resorts will report full year earnings of $2.15 per share for the current fiscal year, with EPS estimates ranging from $2.12 to $2.16. For the next fiscal year, analysts expect that the firm will post earnings of $2.18 per share, with EPS estimates ranging from $2.16 to $2.20. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Xenia Hotels & Resorts.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings data on Thursday, May 2nd. The real estate investment trust reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.04. The business had revenue of $293.69 million during the quarter, compared to the consensus estimate of $276.03 million. Xenia Hotels & Resorts had a net margin of 14.23% and a return on equity of 8.48%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.53 earnings per share.

XHR has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of ZEALAND PHARMA/S from a “buy” rating to a “hold” rating in a research report on Saturday. KeyCorp initiated coverage on shares of Baxter International in a research report on Tuesday, June 25th. They set a “sector weight” rating for the company. Finally, B. Riley set a $42.00 price target on shares of Carbonite and gave the stock a “buy” rating in a research report on Friday, May 3rd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. Xenia Hotels & Resorts currently has an average rating of “Hold” and an average price target of $22.80.

Several institutional investors and hedge funds have recently added to or reduced their stakes in XHR. BlackRock Inc. grew its stake in Xenia Hotels & Resorts by 77.5% during the 1st quarter. BlackRock Inc. now owns 20,107,203 shares of the real estate investment trust’s stock valued at $440,549,000 after acquiring an additional 8,776,602 shares in the last quarter. LSV Asset Management grew its stake in Xenia Hotels & Resorts by 1.4% during the 1st quarter. LSV Asset Management now owns 4,842,295 shares of the real estate investment trust’s stock valued at $106,094,000 after acquiring an additional 64,718 shares in the last quarter. Geode Capital Management LLC grew its stake in Xenia Hotels & Resorts by 6.6% during the 4th quarter. Geode Capital Management LLC now owns 1,788,735 shares of the real estate investment trust’s stock valued at $30,766,000 after acquiring an additional 110,807 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Xenia Hotels & Resorts by 1.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,702,166 shares of the real estate investment trust’s stock valued at $29,277,000 after acquiring an additional 23,236 shares in the last quarter. Finally, Norges Bank purchased a new stake in Xenia Hotels & Resorts during the 4th quarter valued at about $23,694,000. Hedge funds and other institutional investors own 87.37% of the company’s stock.

Shares of XHR traded up $0.28 during mid-day trading on Tuesday, hitting $21.48. 1,212,479 shares of the company were exchanged, compared to its average volume of 554,336. Xenia Hotels & Resorts has a 1-year low of $16.47 and a 1-year high of $25.08. The company has a current ratio of 2.26, a quick ratio of 2.26 and a debt-to-equity ratio of 0.63. The firm’s 50 day simple moving average is $21.15. The stock has a market cap of $2.42 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 2.09 and a beta of 1.01.

The business also recently declared a quarterly dividend, which was paid on Friday, July 12th. Investors of record on Friday, June 28th were given a dividend of $0.275 per share. The ex-dividend date was Thursday, June 27th. This represents a $1.10 annualized dividend and a dividend yield of 5.12%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 49.55%.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 40 hotels comprising 11,167 rooms across 17 states.

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