Wall Street analysts expect Xenia Hotels & Resorts Inc (NYSE:XHR) to announce $0.62 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Xenia Hotels & Resorts’ earnings, with the lowest EPS estimate coming in at $0.61 and the highest estimate coming in at $0.64. Xenia Hotels & Resorts reported earnings per share of $0.66 during the same quarter last year, which indicates a negative year-over-year growth rate of 6.1%. The company is scheduled to report its next earnings report on Thursday, August 1st.

According to Zacks, analysts expect that Xenia Hotels & Resorts will report full year earnings of $2.12 per share for the current year, with EPS estimates ranging from $2.09 to $2.16. For the next financial year, analysts expect that the firm will report earnings of $2.15 per share, with EPS estimates ranging from $2.12 to $2.18. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Xenia Hotels & Resorts.

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

A number of research analysts have weighed in on the company. Zacks Investment Research downgraded Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Saturday, May 4th. B. Riley set a $24.00 target price on Xenia Hotels & Resorts and gave the stock a “hold” rating in a report on Friday, May 3rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. Xenia Hotels & Resorts currently has a consensus rating of “Hold” and a consensus price target of $23.50.

XHR stock opened at $22.51 on Thursday. Xenia Hotels & Resorts has a fifty-two week low of $16.47 and a fifty-two week high of $25.90. 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 company has a market cap of $2.47 billion, a price-to-earnings ratio of 10.14, a PEG ratio of 2.17 and a beta of 1.12.

Hedge funds have recently bought and sold shares of the business. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of Xenia Hotels & Resorts by 27.4% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 28,260 shares of the real estate investment trust’s stock worth $28,000 after acquiring an additional 6,075 shares during the period. Sun Life Financial INC purchased a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $42,000. LS Investment Advisors LLC purchased a new position in shares of Xenia Hotels & Resorts during the 1st quarter worth approximately $73,000. Bremer Trust National Association purchased a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $82,000. Finally, Quantamental Technologies LLC purchased a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $101,000. Hedge funds and other institutional investors own 78.24% of the company’s stock.

Xenia Hotels & Resorts Company Profile

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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