Xenia Hotels & Resorts (NYSE:XHR – Get Rating) will issue its quarterly earnings data before the market opens on Tuesday, May 3rd. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Xenia Hotels & Resorts (NYSE:XHR – Get Rating) last posted its quarterly earnings results on Tuesday, March 1st. The real estate investment trust reported ($0.20) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.15 by ($0.35). The business had revenue of $203.60 million during the quarter, compared to analysts’ expectations of $182.89 million. Xenia Hotels & Resorts had a negative net margin of 23.29% and a negative return on equity of 9.76%. The firm’s quarterly revenue was up 169.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.24) earnings per share. On average, analysts expect Xenia Hotels & Resorts to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of NYSE XHR opened at $19.67 on Tuesday. The company has a quick ratio of 6.93, a current ratio of 6.93 and a debt-to-equity ratio of 1.04. Xenia Hotels & Resorts has a one year low of $15.15 and a one year high of $21.04. The stock has a market cap of $2.25 billion, a price-to-earnings ratio of -15.61 and a beta of 1.52. The stock’s fifty day moving average is $18.82.
Institutional investors have recently made changes to their positions in the company. Janus Henderson Group PLC acquired a new stake in Xenia Hotels & Resorts during the 3rd quarter valued at $204,000. Vident Investment Advisory LLC grew its position in Xenia Hotels & Resorts by 9.4% during the fourth quarter. Vident Investment Advisory LLC now owns 11,541 shares of the real estate investment trust’s stock valued at $208,000 after purchasing an additional 994 shares in the last quarter. Sei Investments Co. lifted its position in Xenia Hotels & Resorts by 31.6% in the 4th quarter. Sei Investments Co. now owns 22,708 shares of the real estate investment trust’s stock worth $423,000 after buying an additional 5,450 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Xenia Hotels & Resorts during the 4th quarter valued at $590,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth $626,000. 84.31% of the stock is currently owned by institutional investors.
A number of equities research analysts recently commented on XHR shares. TheStreet raised shares of Xenia Hotels & Resorts from a “d+” rating to a “c-” rating in a research note on Thursday, March 3rd. Zacks Investment Research raised Xenia Hotels & Resorts from a “hold” rating to a “strong-buy” rating and set a $22.00 price target for the company in a research report on Thursday, April 7th. StockNews.com raised Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Thursday, April 21st. Finally, Oppenheimer began coverage on shares of Xenia Hotels & Resorts in a report on Thursday, April 21st. They issued a “market perform” rating and a $20.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $21.33.
About Xenia Hotels & Resorts (Get Rating)
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 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 37 hotels comprising 10,749 rooms across 16 states.
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