Equity Research Analysts Expect Xenia Hotels & Resorts, Inc. (NYSE: XHR) to Report Earnings Per Share (EPS) of $ 0.19 for Current Fiscal Quarter, According to Zacks Investment Research . Five analysts provided revenue estimates for Xenia Hotels & Resorts, with estimates ranging from $ 0.14 to $ 0.27. Xenia Hotels & Resorts reported earnings per share of ($ 0.24) in the same quarter last year, indicating a positive year-over-year growth rate of 179.2%. The company is expected to release its next earnings report on Monday, March 7.

On average, analysts predict that Xenia Hotels & Resorts will report annual profit of $ 0.23 per share for the current fiscal year, with EPS estimates ranging from $ 0.17 to $ 0.33. For the next fiscal year, analysts expect the company to report earnings of $ 1.29 per share, with EPS estimates ranging from $ 1.00 to $ 1.65. Zacks’ BPA calculations are an average based on a survey of seller-side research companies that provide coverage for Xenia Hotels & Resorts.

Xenia Hotels & Resorts (NYSE: XHR) last reported its results on Tuesday, November 2. The real estate investment trust reported ($ 0.20) earnings per share (EPS) for the quarter, reaching the Thomson Reuters consensus estimate of ($ 0.20). The company posted revenue of $ 172.78 million for the quarter, compared to analysts’ expectations of $ 169.98 million. Xenia Hotels & Resorts recorded a negative return on equity of 6.41% and a negative net margin of 19.72%. During the same period last year, the company achieved earnings per share ($ 0.27).

Several analysts weighed on the company. Zacks Investment Research upgraded Xenia Hotels & Resorts from a “hold” rating to a “buy” rating and set a price target of $ 18.00 on the stock in a research report on Thursday, December 2. Raymond James raised his price target on Xenia Hotels & Resorts from $ 20.00 to $ 21.00 and gave the company an “outperformance” rating in a research report on Thursday, November 4. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a price target of $ 22.00 for shares of Xenia Hotels & Resorts in a research report released on Friday, October 1. One research analyst rated the stock with a sell rating, another assigned a conservation rating, and four assigned a buy rating to the company. According to data from MarketBeat.com, Xenia Hotels & Resorts currently has an average “Buy” rating and a consensus target price of $ 19.67.

In related news, insider Barry AN Bloom sold 50,000 shares of the company in a trade that took place on Wednesday, November 10. The shares were sold for an average price of $ 19.22, for a total value of $ 961,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In addition, insider Joseph T. Johnson sold 3,070 shares of the company in a trade that took place on Friday, November 5. The stock was sold for an average price of $ 20.00, for a total trade of $ 61,400.00. Disclosure of this sale can be found here. 1.90% of the shares are currently owned by insiders of the company.

Institutional investors and hedge funds have recently changed their positions in the company. Strategic Blueprint LLC purchased a new stake in Xenia Hotels & Resorts during the 2nd quarter for a value of $ 51,000. AdvisorNet Financial Inc increased its stake in Xenia Hotels & Resorts by 30.6% during the 3rd quarter. AdvisorNet Financial Inc now owns 3,357 shares of the REIT valued at $ 60,000 after purchasing an additional 786 shares in the last quarter. Van ECK Associates Corp increased its position in the shares of Xenia Hotels & Resorts by 15.6% during the 3rd quarter. Van ECK Associates Corp now owns 5,313 real estate investment trust shares valued at $ 94,000 after acquiring an additional 717 shares during the period. Harvest Fund Management Co. Ltd increased its position in the shares of Xenia Hotels & Resorts by 81.0% during the 2nd quarter. Harvest Fund Management Co. Ltd. now owns 6,075 real estate investment trust shares valued at $ 112,000 after acquiring an additional 2,718 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in the shares of Xenia Hotels & Resorts by 8.3% during the second quarter. PNC Financial Services Group Inc. now owns 7,857 real estate investment trust shares valued at $ 147,000 after acquiring an additional 600 shares during the period. Institutional investors and hedge funds hold 85.21% of the company’s shares.

Xenia Hotels & Resorts stock traded down $ 0.03 during trading hours on Friday, reaching $ 17.21. 565,915 shares of the stock traded for an average volume of 811,764. The company’s 50-day moving average price is $ 17.78 and its two-hundred-day moving average price is $ 18.03 . The company has a current ratio of 6.42, a rapid ratio of 6.42, and a debt ratio of 1.03. The company has a market cap of $ 1.97 billion, a PE ratio of -20.49 and a beta of 1.56. Xenia Hotels & Resorts has a one-year minimum of $ 13.87 and a one-year maximum of $ 21.40.

About Xenia Hotels & Resorts

Xenia Hotels & Resorts, Inc is a real estate investment trust, which invests in luxury and upscale hotels and resorts. It also has a diverse portfolio of accommodation properties operated by Marriott, Kimpton, Hyatt, Aston, Fairmong and Loews. The company was founded in 2007 and is headquartered in Orlando, Florida.

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