Xenia Hotels & Resorts (XHR) Receiving Somewhat Positive Media Coverage, Analysis Shows

Press coverage about Xenia Hotels & Resorts (NYSE:XHR) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Xenia Hotels & Resorts earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.1704058078225 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Xenia Hotels & Resorts (XHR) opened at $21.35 on Wednesday. The firm has a market cap of $2,300.00 and a price-to-earnings ratio of 16.68. The company has a current ratio of 6.86, a quick ratio of 6.86 and a debt-to-equity ratio of 0.78. Xenia Hotels & Resorts has a 52-week low of $16.21 and a 52-week high of $22.76.

Xenia Hotels & Resorts (NYSE:XHR) last released its earnings results on Tuesday, November 7th. The real estate investment trust reported $0.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.38. The firm had revenue of $223.28 million during the quarter, compared to analyst estimates of $219.67 million. Xenia Hotels & Resorts had a net margin of 15.23% and a return on equity of 8.34%. The business’s revenue was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.57 EPS. equities analysts expect that Xenia Hotels & Resorts will post 1.92 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend is Thursday, December 28th. Xenia Hotels & Resorts’s dividend payout ratio is 85.94%.

A number of equities research analysts recently issued reports on the stock. TheStreet upgraded shares of Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a report on Wednesday, October 11th. B. Riley reiterated a “hold” rating and issued a $23.00 price objective on shares of Xenia Hotels & Resorts in a report on Thursday, November 9th. FBR & Co assumed coverage on shares of Xenia Hotels & Resorts in a report on Friday, October 27th. They issued a “neutral” rating and a $23.00 price objective for the company. Zacks Investment Research cut shares of Xenia Hotels & Resorts from a “strong-buy” rating to a “sell” rating in a report on Wednesday, December 6th. Finally, Wells Fargo & Co upped their price objective on shares of Xenia Hotels & Resorts from $19.50 to $20.00 and gave the stock an “outperform” rating in a report on Friday, October 6th. One analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $21.83.

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Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (Xenia) is a self-advised and self-administered real estate investment trust (REIT). The Company invests in premium full service, lifestyle and urban upscale hotels, with a focus on var ious markets, as well as leisure destinations in the United States. As of October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.

Insider Buying and Selling by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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