News headlines about Xenia Hotels & Resorts (NYSE:XHR) have trended somewhat positive on Tuesday, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xenia Hotels & Resorts earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the real estate investment trust an impact score of 47.2222484140399 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several equities analysts have recently weighed in on the company. Zacks Investment Research downgraded Xenia Hotels & Resorts from a “hold” rating to a “sell” rating in a research report on Saturday. Morgan Stanley cut their target price on Xenia Hotels & Resorts from $21.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 28th. B. Riley raised 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. Finally, ValuEngine downgraded Xenia Hotels & Resorts from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $22.00.
Xenia Hotels & Resorts (XHR) opened at $20.09 on Tuesday. Xenia Hotels & Resorts has a 1-year low of $16.21 and a 1-year high of $22.76. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $2,160.06, a price-to-earnings ratio of 21.84, a P/E/G ratio of 1.95 and a beta of 0.90.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Friday, March 30th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date is Wednesday, March 28th. Xenia Hotels & Resorts’s payout ratio is currently 119.57%.
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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 October 4, 2017, the Company owned 39 hotels, 37 of which are completely owned, comprising 11,533 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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