Somewhat Positive News Coverage Somewhat Unlikely to Impact Xenia Hotels & Resorts (NYSE:XHR) Share Price
News headlines about Xenia Hotels & Resorts (NYSE:XHR) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xenia Hotels & Resorts earned a daily 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 news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- 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 (NYSE XHR) traded down 0.20% during mid-day trading on Friday, hitting $19.50. The stock had a trading volume of 401,095 shares. Xenia Hotels & Resorts has a 52-week low of $14.84 and a 52-week high of $20.64. The firm has a market cap of $2.08 billion, a PE ratio of 14.31 and a beta of 0.77. 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 (NYSE:XHR) last announced its quarterly earnings data on Tuesday, August 8th. The real estate investment trust reported $0.59 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.41. Xenia Hotels & Resorts had a return on equity of 8.91% and a net margin of 15.99%. The company had revenue of $244.39 million for the quarter, compared to analyst estimates of $231.65 million. During the same quarter in the previous year, the company earned $0.65 EPS. The firm’s revenue for the quarter was down 6.5% compared to the same quarter last year. Equities analysts predict that Xenia Hotels & Resorts will post $0.47 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were issued a $0.275 dividend. This represents a $1.10 dividend on an annualized basis and a yield of 5.64%. The ex-dividend date of this dividend was Wednesday, June 28th. Xenia Hotels & Resorts’s dividend payout ratio is presently 81.48%.
Several research firms have recently commented on XHR. Zacks Investment Research lowered Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Wednesday. BidaskClub raised Xenia Hotels & Resorts from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Morgan Stanley upped their target price on Xenia Hotels & Resorts from $17.00 to $19.00 and gave the company an “equal weight” rating in a research report on Friday, June 16th. Finally, TheStreet raised Xenia Hotels & Resorts from a “c+” rating to a “b-” rating in a research report on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. Xenia Hotels & Resorts has a consensus rating of “Hold” and an average 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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