Analysts Expect Xenia Hotels & Resorts, Inc. (NYSE:XHR) to Post $0.19 EPS

Equity research analysts expect Xenia Hotels & Resorts, Inc (NYSE:XHR) to report earnings per share of $0.19 for the current fiscal quarter, Zacks reports. Five analysts have released earnings estimates for Xenia Hotels & Resorts, with the highest earnings per share estimate at $0.27 and the lowest at $0.14. Xenia Hotels & Resorts reported earnings ($0.24) per share for the same quarter last year, indicating a positive annual growth rate of 179.2%. The business is scheduled to release its next earnings report on Monday, March 7.

On average, analysts expect Zegna Hotels and Resorts to report full-year earnings of $0.23 per share for the current fiscal year, with EPS estimates ranging from $0.17 to $0.33. Next year, analysts expect the company to report earnings of $1.29 per share, with EPS estimates ranging from $1.00 to $1.65. Zacks’ EPS averages are an average based on a survey of sales-side research analysts providing coverage of Xenia Hotels and Resorts.

Xenia Hotels & Resorts NYSE:XHR released its latest quarterly earnings data on Tuesday, November 2nd. The REIT reported earnings ($0.20) per share for the quarter, beating analyst estimates of ($0.20). Xenia Hotels & Resorts had a negative net margin of 19.72% and a negative return on equity of 6.41%. During the same period in the previous year, the company earned ($0.27) earnings per share.

Several research analysts have recently focused on stocks. Jefferies Financial Group re-rated “buy” and set a $22.00 target price on shares of Xenia Hotels & Resorts in a research report on Friday, October 1st. BMO Capital Markets reiterated its “buy” rating on Xenia Hotels & Resorts shares in a report on Friday, August 13th. Finally, Raymond James raised his price target for Xenia Hotels & Resorts shares from $20.00 to $21.00 and gave the company a “superior” rating in a report released on Thursday, November 4th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $19.71.

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In related news, an insider Barry AN Bloom sold 50,000 shares of stock in a transaction that occurred on Wednesday, November 10th. The shares were sold at an average price of $19.22, for a total transaction of $961.000.00. The transaction was disclosed in a legal filing with the Securities and Exchange Commission, which is available at this hyperlink. Also, Joseph T. Johnson Insider 3,070 shares of stock in a transaction that took place on Friday, November 5th. The stock sold at an average price of $20.00, for a total of $61,400.00 of transactions. The disclosure of this sale can be found here. Corporate insiders own 1.90% of the company’s shares.

A number of institutional investors have recently added or reduced their stakes in the business. Vanguard Group Inc. filed Its stake in Xenia Hotels & Resorts increased by 1.5% during the second quarter. Vanguard Group Inc. owns. Now 18,956,947 shares of REIT stock are valued at $355,064,000 after purchasing an additional 281,285 shares in the last quarter. State Street Corp. raised its stake in Xenia Hotels & Resorts by 1.6% during the second quarter. State Street Corp. now owns 5,989,041 shares of REIT stock valued at $112,175,000 after purchasing an additional 94,379 shares in the last quarter. JPMorgan Chase & Co. raised. Its stake in Xenia Hotels & Resorts increased by 25.5% during the second quarter. JPMorgan Chase & Co. owns. Now, 2,641,711 shares of REIT stock valued at $49,479,000 after purchasing an additional 536,073 shares in the last quarter. Geode Capital Management LLC raised its stake in Xenia Hotels & Resorts by 2.8% during the second quarter. Geode Capital Management LLC now owns 2,422,805 shares of REIT stock valued at $45,379,000 after purchasing an additional 65,350 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Xenia Hotels & Resorts by 0.9% in the third quarter. Dimensional Fund Advisors LP now owns 1,664,652 shares of REIT stock valued at $29,533,000 after purchasing an additional 15,169 shares in the last quarter. Institutional investors own 85.21% of the company’s stock.

XHR opened at $17.21 on Monday. Xenia Hotels & Resorts recorded a 12-month low of $13.16 and a 12-month high of $21.40. The company’s debt-to-equity ratio is 1.03, a quick ratio of 6.42 and a current ratio of 6.42. The 50-day moving average for the stock is $17.97. The company has a market capitalization of $1.97 billion, a P/E ratio of -20.49 and a beta of 1.55.

About Xenia Hotels and Resorts

Xenia Hotels & Resorts, Inc. is a real estate investment trust engaged in the investment of luxury and luxury hotels and resorts. It also owns a variety of accommodations operated by Marriott, Kimpton, Hyatt, Aston, Firmong, and Lowes. The company was founded in 2007 and is headquartered in Orlando, Florida.

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Earnings history and estimates for Xenia Hotels & Resorts (NYSE: XHR)

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