News articles about Xenia Hotels & Resorts (NYSE:XHR) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Xenia Hotels & Resorts earned a news sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the real estate investment trust an impact score of 45.6244387521454 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s analysis:
- IHS Markit Score upgrades Xenia Hotels & Resorts Inc to 80 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
- IHS Markit Score downgrades Xenia Hotels & Resorts Inc to 62 out of 100, ranking positively in two out of three available IHS Markit categories. (finance.yahoo.com)
- Xenia Hotels & Resorts, Inc. breached its 50 day moving average in a Bearish Manner : XHR-US : August 10, 2017 (finance.yahoo.com)
- Investor Network: Xenia Hotels & Resorts, Inc. to Host Earnings Call (finance.yahoo.com)
- Xenia Hotels & Resorts’ (XHR) CEO Marcel Verbaas on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
Shares of Xenia Hotels & Resorts (XHR) traded down 0.20% during midday trading on Friday, reaching $19.50. 401,095 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $19.89 and a 200 day moving average price of $18.38. Xenia Hotels & Resorts has a 12 month low of $14.84 and a 12 month high of $20.64. The company has a market cap of $2.08 billion, a P/E ratio of 14.31 and a beta of 0.77.
Xenia Hotels & Resorts (NYSE:XHR) last issued its earnings results on Tuesday, August 8th. The real estate investment trust reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.18 by $0.41. The business had revenue of $244.39 million during the quarter, compared to analyst estimates of $231.65 million. Xenia Hotels & Resorts had a return on equity of 8.91% and a net margin of 15.99%. Xenia Hotels & Resorts’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 earnings per share. Equities research analysts forecast that Xenia Hotels & Resorts will post $0.47 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were paid a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.64%. The ex-dividend date of this dividend was Wednesday, June 28th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 81.48%.
XHR has been the subject of several recent research reports. Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating and set a $20.00 target price for the company in a report on Saturday, May 13th. TheStreet raised shares of Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a research report on Wednesday, June 21st. Morgan Stanley upped their price target on shares of Xenia Hotels & Resorts from $17.00 to $19.00 and gave the stock an “equal weight” rating in a research report on Friday, June 16th. Finally, BidaskClub lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $20.75.
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About Xenia Hotels & Resorts
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 May 30, 2017, the Company owned 37 hotels, 35 of which are completely owned, comprising 10,783 rooms, across 18 states and the District of Columbia, including a majority interest in two hotels owned through two investments in real estate entities.
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