Wall Street brokerages predict that Xenia Hotels & Resorts Inc (NYSE:XHR) will report ($0.27) earnings per share (EPS) for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for Xenia Hotels & Resorts’ earnings, with the lowest EPS estimate coming in at ($0.41) and the highest estimate coming in at ($0.17). Xenia Hotels & Resorts reported earnings per share of $0.63 in the same quarter last year, which would suggest a negative year over year growth rate of 142.9%. The business is scheduled to report its next quarterly earnings results on Thursday, August 6th.

On average, analysts expect that Xenia Hotels & Resorts will report full year earnings of ($0.07) per share for the current year, with EPS estimates ranging from ($0.33) to $0.30. For the next year, analysts forecast that the firm will post earnings of $1.17 per share, with EPS estimates ranging from $0.71 to $1.46. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Xenia Hotels & Resorts.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings results on Monday, May 11th. The real estate investment trust reported ($0.32) EPS for the quarter, missing the consensus estimate of $0.35 by ($0.67). Xenia Hotels & Resorts had a return on equity of 0.37% and a net margin of 0.24%. The business had revenue of $215.40 million for the quarter, compared to analysts’ expectations of $217.15 million. During the same period last year, the business posted $0.53 earnings per share. The company’s revenue was down 26.7% compared to the same quarter last year.

Several brokerages recently commented on XHR. KeyCorp decreased their target price on shares of Xenia Hotels & Resorts from $24.00 to $12.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Zacks Investment Research downgraded shares of Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Saturday, June 13th. TheStreet downgraded shares of Xenia Hotels & Resorts from a “c” rating to a “d+” rating in a research note on Monday, May 11th. ValuEngine raised shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Monday, June 8th. Finally, B. Riley cut their price target on shares of Xenia Hotels & Resorts from $14.00 to $10.00 and set a “buy” rating on the stock in a report on Thursday, May 14th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $16.56.

Large investors have recently added to or reduced their stakes in the stock. Amundi Pioneer Asset Management Inc. boosted its holdings in shares of Xenia Hotels & Resorts by 7.2% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 287,625 shares of the real estate investment trust’s stock valued at $6,302,000 after buying an additional 19,418 shares in the last quarter. Comerica Bank boosted its holdings in shares of Xenia Hotels & Resorts by 0.6% during the 4th quarter. Comerica Bank now owns 106,628 shares of the real estate investment trust’s stock valued at $2,065,000 after buying an additional 663 shares in the last quarter. Cetera Advisor Networks LLC boosted its holdings in shares of Xenia Hotels & Resorts by 18.2% during the 4th quarter. Cetera Advisor Networks LLC now owns 11,947 shares of the real estate investment trust’s stock valued at $259,000 after buying an additional 1,840 shares in the last quarter. Quantbot Technologies LP boosted its holdings in shares of Xenia Hotels & Resorts by 46.6% during the 4th quarter. Quantbot Technologies LP now owns 3,570 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 1,135 shares in the last quarter. Finally, Bank of Montreal Can boosted its holdings in shares of Xenia Hotels & Resorts by 36.5% during the 4th quarter. Bank of Montreal Can now owns 470,187 shares of the real estate investment trust’s stock valued at $10,160,000 after buying an additional 125,742 shares in the last quarter. Institutional investors and hedge funds own 82.83% of the company’s stock.

Shares of NYSE XHR traded down $0.25 during mid-day trading on Monday, hitting $8.82. The stock had a trading volume of 1,419,600 shares, compared to its average volume of 1,094,186. The company has a debt-to-equity ratio of 0.97, a quick ratio of 6.31 and a current ratio of 6.31. Xenia Hotels & Resorts has a 1 year low of $6.14 and a 1 year high of $22.39. The business has a 50 day moving average price of $9.49 and a two-hundred day moving average price of $14.04. The firm has a market cap of $1.02 billion, a P/E ratio of 441.00 and a beta of 1.11.

About Xenia Hotels & Resorts

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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