Press coverage about Xenia Hotels & Resorts (NYSE:XHR) has trended positive on Sunday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Xenia Hotels & Resorts earned a daily sentiment score of 0.26 on Accern’s scale. Accern also assigned news stories about the real estate investment trust an impact score of 46.4741675317268 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Xenia Hotels & Resorts (NYSE:XHR) traded up $0.43 during trading on Friday, reaching $20.00. 752,312 shares of the company’s stock were exchanged, compared to its average volume of 378,620. The company has a market capitalization of $2,134.60, a P/E ratio of 15.75, a PEG ratio of 1.99 and a beta of 0.77. The company has a debt-to-equity ratio of 0.78, a current ratio of 6.86 and a quick ratio of 6.86. Xenia Hotels & Resorts has a fifty-two week low of $16.21 and a fifty-two week high of $22.76.
The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were issued a $0.275 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $1.10 dividend on an annualized basis and a yield of 5.50%. Xenia Hotels & Resorts’s dividend payout ratio is presently 86.61%.
Several research firms recently weighed in on XHR. ValuEngine downgraded Xenia Hotels & Resorts from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded shares of Xenia Hotels & Resorts from a “sell” rating to a “hold” rating in a report on Sunday, January 21st. B. Riley reiterated a “hold” rating and issued a $23.00 target price on shares of Xenia Hotels & Resorts in a report on Thursday, November 9th. Finally, FBR & Co assumed coverage on shares of Xenia Hotels & Resorts in a report on Friday, October 27th. They issued a “neutral” rating and a $23.00 target price for the company. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Xenia Hotels & Resorts presently has a consensus rating of “Buy” and an average target price of $21.83.
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Xenia Hotels & Resorts Company Profile
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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