Xenia Hotels & Resorts, Inc. (NYSE:XHR) Announces Quarterly Dividend of $0.14

Xenia Hotels & Resorts, Inc. (NYSE:XHR) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.14 per share by the real estate investment trust on Thursday, October 15th. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date is Wednesday, September 30th.

Xenia Hotels & Resorts has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 3 consecutive years. Xenia Hotels & Resorts has a dividend payout ratio of 254.5% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Xenia Hotels & Resorts Price Performance

Shares of NYSE:XHR opened at $17.81 on Tuesday. Xenia Hotels & Resorts has a one year low of $11.75 and a one year high of $22.06. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of -254.39 and a beta of 1.14. The company has a 50-day simple moving average of $19.39 and a 200-day simple moving average of $17.86. The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 EPS for the quarter, beating the consensus estimate of $0.24 by $0.37. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The firm had revenue of $295.49 million during the quarter, compared to the consensus estimate of $302.39 million. During the same period in the prior year, the business earned $0.57 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. On average, analysts predict that Xenia Hotels & Resorts will post 1.89 EPS for the current year.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts, Inc (NYSE:XHR) is a self-advised real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts in the United States. The company focuses on properties located in major lodging markets and high-demand destination areas.

Xenia’s properties operate under a variety of leading hospitality brands, including Marriott, Hyatt, Hilton and Kimpton, as well as independent and lifestyle hotel brands. Its business activities include owning hotel real estate and working with hotel operators to provide lodging, food and beverage, meeting, event and other hospitality services.

The company was established in 2014 through a separation from Inland American Real Estate Trust and has been publicly traded on the New York Stock Exchange since that time.