Somewhat Favorable News Coverage Somewhat Unlikely to Impact Xenia Hotels & Resorts (NYSE:XHR) Stock Price

News headlines about Xenia Hotels & Resorts (NYSE:XHR) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. 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 daily sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 46.082131365333 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

XHR has been the topic of several recent analyst reports. TheStreet raised shares of Xenia Hotels & Resorts from a “c+” rating to a “b” rating in a research report on Friday, May 4th. B. Riley raised shares of Xenia Hotels & Resorts from a “neutral” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Wednesday, February 28th. ValuEngine lowered shares of Xenia Hotels & Resorts from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Morgan Stanley decreased their price target on shares of Xenia Hotels & Resorts from $21.00 to $20.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 28th. Finally, Zacks Investment Research lowered shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating and set a $25.00 price target for the company. in a research note on Thursday, May 10th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $22.17.

Shares of XHR stock traded up $0.18 during trading hours on Wednesday, hitting $23.16. 621,400 shares of the company were exchanged, compared to its average volume of 482,247. The company has a quick ratio of 4.60, a current ratio of 4.60 and a debt-to-equity ratio of 0.79. Xenia Hotels & Resorts has a 52-week low of $23.05 and a 52-week high of $23.28. The firm has a market cap of $2.45 billion, a P/E ratio of 11.24, a PEG ratio of 2.22 and a beta of 0.85.

Xenia Hotels & Resorts (NYSE:XHR) last issued its quarterly earnings results on Thursday, May 3rd. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.37. Xenia Hotels & Resorts had a net margin of 14.77% and a return on equity of 8.80%. The company had revenue of $264.50 million during the quarter, compared to analyst estimates of $250.90 million. During the same quarter last year, the business posted $0.44 EPS. Xenia Hotels & Resorts’s quarterly revenue was up 21.1% compared to the same quarter last year. equities analysts expect that Xenia Hotels & Resorts will post 2.06 EPS for the current year.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a self-advised and self-administered REIT that invests primarily in premium full service and lifestyle hotels, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 39 hotels, including 37 wholly owned hotels, comprising 11,497 rooms, across 18 states and the District of Columbia.

Insider Buying and Selling by Quarter for Xenia Hotels & Resorts (NYSE:XHR)

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