Xenia Hotels & Resorts (XHR) to Release Earnings on Thursday

Xenia Hotels & Resorts (NYSE:XHR) is set to release its earnings data before the market opens on Thursday, May 6th. Analysts expect Xenia Hotels & Resorts to post earnings of ($0.24) per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Xenia Hotels & Resorts (NYSE:XHR) last released its earnings results on Sunday, February 28th. The real estate investment trust reported $0.22 EPS for the quarter, topping the consensus estimate of ($0.30) by $0.52. Xenia Hotels & Resorts had a negative return on equity of 6.41% and a negative net margin of 13.99%. The business had revenue of $75.65 million during the quarter, compared to analysts’ expectations of $70.08 million. During the same quarter last year, the firm posted $0.58 earnings per share. The firm’s revenue was down 73.2% on a year-over-year basis. On average, analysts expect Xenia Hotels & Resorts to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of XHR opened at $19.45 on Wednesday. Xenia Hotels & Resorts has a 52-week low of $6.14 and a 52-week high of $21.40. The company has a debt-to-equity ratio of 1.03, a quick ratio of 6.23 and a current ratio of 6.23. The business’s 50 day moving average price is $19.43 and its two-hundred day moving average price is $15.93. The firm has a market cap of $2.21 billion, a PE ratio of -20.05 and a beta of 1.04.

In other Xenia Hotels & Resorts news, insider Atish Shah sold 4,620 shares of Xenia Hotels & Resorts stock in a transaction on Monday, March 15th. The shares were sold at an average price of $21.00, for a total transaction of $97,020.00. Following the transaction, the insider now directly owns 155,782 shares of the company’s stock, valued at approximately $3,271,422. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Taylor C. Kessel sold 25,905 shares of Xenia Hotels & Resorts stock in a transaction on Wednesday, March 3rd. The stock was sold at an average price of $18.93, for a total transaction of $490,381.65. Insiders have sold a total of 95,905 shares of company stock valued at $1,782,582 over the last three months. Corporate insiders own 1.90% of the company’s stock.

Several analysts have recently weighed in on XHR shares. Morgan Stanley lifted their price objective on shares of Xenia Hotels & Resorts from $13.00 to $14.00 and gave the company an “underweight” rating in a research note on Monday, March 8th. BMO Capital Markets upped their price objective on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company a “market perform” rating in a report on Tuesday, March 16th. Zacks Investment Research cut shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday, April 14th. Finally, Raymond James raised Xenia Hotels & Resorts from a “market perform” rating to an “outperform” rating and set a $18.00 target price for the company in a research report on Tuesday, January 12th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $17.33.

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 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.

Featured Article: Back-End Load

Earnings History for Xenia Hotels & Resorts (NYSE:XHR)

Receive News & Ratings for Xenia Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xenia Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.