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Wednesday, December 6, 2023

Xenia Hotels & Resorts Inc (NYSE: XHR) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Xenia Hotels & Resorts Inc (XHR) shows that investor sentiment remained same, with the stock’s consolidated last price to $11.78. The Xenia Hotels & Resorts Inc has recorded 27,282 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that XENIA HOTELS & RESORTS REPORTS THIRD QUARTER 2023 RESULTS.

Stocks Info

Xenia Hotels & Resorts Inc is listed on the NYSE as a member of the Real Estate sector and is a part of the REIT – Hotel & Motel industry. At the end of the last regular session, the stock closed at $11.78 and fluctuated between $12.04 as its day high and $11.66 as its day low. The current market capitalization of Xenia Hotels & Resorts Inc is $1.24B. A total of 0.59 million shares were traded on the day, compared to an average of 803.77K shares.

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, XHR has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 2 SELLs from insiders. Insiders purchased 0 shares during that period but sold 17,895.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Xenia Hotels & Resorts Inc pays an annual dividend of $0.47, resulting in a dividend yield of 4.03%, and it has a price to earnings (P/E) ratio of 28.72. XHR’s most recent ex-dividend date was 9/28/2023 when it declared a $0.10 quarterly dividend that was paid in cash on 10/13/2023. Previously, the company paid the dividend on 7/14/2023 with an ex-dividend date of 6/29/2023. The XHR stock dividend was $0.10 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for XHR in the last 3 months, the mean price target is $14.14 with high estimates of $17.00 and low estimates of $11.00. In terms of 52-week highs and lows, XHR has a high of $16.10 and a low of $10.90.

As of this writing, XHR has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.07. The company reported an EPS of $0.06 in the last quarter, which was -25.00% lower than expectations of $0.08.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. XHR’s latest balance sheet shows that the firm has $517.38M in Cash & Short Term Investments as of fiscal 2021. There were $1.49B in debt and $86.36M in liabilities at the time. Its Book Value Per Share was $12.67, while its Total Shareholder’s Equity was $1.44B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for XHR is Buy with a score of 3.29.

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