Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests in uniquely positioned luxury and upper upscale hotels and resorts with a focus on the top 25 lodging markets as well as key leisure destinations in the United States. The Company owns 32 hotels and resorts comprising 9,511 rooms across 14 states. Xenia's hotels are in the luxury and upper upscale segments, and are operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, Hilton, The Kessler Collection, and Davidson.

Xenia Hotels & Resorts, Inc.

Looking at the universe of stocks we cover at Dividend Channel, on 6/30/25, Xenia Hotels & Resorts Inc (Symbol: XHR), Kayne Anderson BDC Inc (Symbol: KBDC), and CareTrust REIT Inc (Symbol: CTRE) will all trade ex-dividend for their respective upcoming dividends. Xenia Hotels & Resorts Inc will pay its quarterly dividend of $0.14 on 7/15/25, Kayne Anderson BDC Inc will pay its quarterly dividend of $0.40 on 7/16/25, and CareTrust REIT Inc will pay its quarterly dividend of $0.335 on 7/15/25. As a percentage of XHR's recent stock price of $12.36, this dividend works out to approximately 1.13%, so look for shares of Xenia Hotels & Resorts Inc to trade 1.13% lower — all else being equal — when XHR shares open for trading on 6/30/25. Similarly, investors should look for KBDC to open 2.55% lower in price and for CTRE to open 1.10% lower, all else being equal.
Below are dividend history charts for XHR, KBDC, and CTRE, showing historical dividends prior to the most recent ones declared.
Xenia Hotels & Resorts Inc (Symbol: XHR):
Kayne Anderson BDC Inc (Symbol: KBDC):
CareTrust REIT Inc (Symbol: CTRE):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 4.53% for Xenia Hotels & Resorts Inc, 10.20% for Kayne Anderson BDC Inc, and 4.39% for CareTrust REIT Inc.
In Thursday trading, Xenia Hotels & Resorts Inc shares are currently down about 1.1%, Kayne Anderson BDC Inc shares are down about 0.2%, and CareTrust REIT Inc shares are down about 0.6% on the day.
Also see:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ex-Dividend Reminder: Xenia Hotels & Resorts, Kayne Anderson BDC and CareTrust REIT

SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.47 per share, beating the Zacks Consensus Estimate of $3.37 per share. This compares to FFO of $3.37 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 2.97%. A quarter ago, it was expected that this communications tower operator would post FFO of $3.32 per share when it actually produced FFO of $3.32, delivering no surprise.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
SBA Communications, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $693.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.78%. This compares to year-ago revenues of $675.02 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
SBA Communications shares have added about 4.5% since the beginning of the year versus the S&P 500's gain of 2.2%.
What's Next for SBA Communications?
While SBA Communications has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for SBA Communications: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $3.22 on $661.87 million in revenues for the coming quarter and $12.91 on $2.72 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Xenia Hotels & Resorts (XHR), has yet to report results for the quarter ended December 2024. The results are expected to be released on February 25.
This real estate investment trust that owns hotels is expected to post quarterly earnings of $0.38 per share in its upcoming report, which represents a year-over-year change of -7.3%. The consensus EPS estimate for the quarter has been revised 3.3% lower over the last 30 days to the current level.
Xenia Hotels & Resorts' revenues are expected to be $257.63 million, up 1.7% from the year-ago quarter.
Should You Invest in SBA Communications Corporation (SBAC)?
Before you invest in SBA Communications Corporation (SBAC), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SBA Communications Corporation (SBAC) : Free Stock Analysis Report
Xenia Hotels & Resorts, Inc. (XHR) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SBA Communications (SBAC) Beats Q4 FFO and Revenue Estimates

Looking at the universe of stocks we cover at Dividend Channel, on 12/31/24, Park Hotels & Resorts Inc (Symbol: PK), Xenia Hotels & Resorts Inc (Symbol: XHR), and BXP Inc (Symbol: BXP) will all trade ex-dividend for their respective upcoming dividends. Park Hotels & Resorts Inc will pay its quarterly dividend of $0.25 on 1/15/25, Xenia Hotels & Resorts Inc will pay its quarterly dividend of $0.12 on 1/15/25, and BXP Inc will pay its quarterly dividend of $0.98 on 1/30/25. As a percentage of PK's recent stock price of $15.06, this dividend works out to approximately 1.66%, so look for shares of Park Hotels & Resorts Inc to trade 1.66% lower — all else being equal — when PK shares open for trading on 12/31/24. Similarly, investors should look for XHR to open 0.78% lower in price and for BXP to open 1.29% lower, all else being equal.
Below are dividend history charts for PK, XHR, and BXP, showing historical dividends prior to the most recent ones declared.
Park Hotels & Resorts Inc (Symbol: PK):
Xenia Hotels & Resorts Inc (Symbol: XHR):
BXP Inc (Symbol: BXP):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 6.64% for Park Hotels & Resorts Inc, 3.14% for Xenia Hotels & Resorts Inc, and 5.14% for BXP Inc.
In Friday trading, Park Hotels & Resorts Inc shares are currently down about 0.1%, Xenia Hotels & Resorts Inc shares are up about 0.5%, and BXP Inc shares are up about 0.1% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
Preferred Stocks By Industry
DICE Videos
Institutional Holders of PBTS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ex-Dividend Reminder: Park Hotels & Resorts, Xenia Hotels & Resorts and BXP

SBA Communications (SBAC) came out with quarterly funds from operations (FFO) of $3.32 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $3.34 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this communications tower operator would post FFO of $3.28 per share when it actually produced FFO of $3.29, delivering a surprise of 0.30%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
SBA Communications, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $667.6 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.20%. This compares to year-ago revenues of $682.54 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
SBA Communications shares have lost about 4.7% since the beginning of the year versus the S&P 500's gain of 21.8%.
What's Next for SBA Communications?
While SBA Communications has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for SBA Communications: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $3.30 on $669.59 million in revenues for the coming quarter and $13.20 on $2.66 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Xenia Hotels & Resorts (XHR), another stock in the same industry, has yet to report results for the quarter ended September 2024. The results are expected to be released on November 6.
This real estate investment trust that owns hotels is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of +11.5%. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level.
Xenia Hotels & Resorts' revenues are expected to be $239.25 million, up 3.1% from the year-ago quarter.
Should You Invest in SBA Communications Corporation (SBAC)?
Before you invest in SBA Communications Corporation (SBAC), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
SBA Communications Corporation (SBAC) : Free Stock Analysis Report
Xenia Hotels & Resorts, Inc. (XHR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SBA Communications (SBAC) Matches Q3 FFO Estimates

Digital Realty Trust (DLR) came out with quarterly funds from operations (FFO) of $1.67 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $1.62 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this real estate investment trust would post FFO of $1.63 per share when it actually produced FFO of $1.65, delivering a surprise of 1.23%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
Digital Realty Trust, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $1.43 billion for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.28%. This compares to year-ago revenues of $1.4 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
Digital Realty Trust shares have added about 23.2% since the beginning of the year versus the S&P 500's gain of 21.5%.
What's Next for Digital Realty Trust?
While Digital Realty Trust has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Digital Realty Trust: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $1.69 on $1.45 billion in revenues for the coming quarter and $6.65 on $5.58 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the top 29% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Xenia Hotels & Resorts (XHR), is yet to report results for the quarter ended September 2024. The results are expected to be released on November 6.
This real estate investment trust that owns hotels is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of +11.5%. The consensus EPS estimate for the quarter has been revised 0.9% lower over the last 30 days to the current level.
Xenia Hotels & Resorts' revenues are expected to be $239.25 million, up 3.1% from the year-ago quarter.
Should You Invest in Digital Realty Trust, Inc. (DLR)?
Before you invest in Digital Realty Trust, Inc. (DLR), want to know the best stocks to buy for the next 30 days? Check out Zacks Investment Research for our free report on the 7 best stocks to buy.
Zacks Investment Research has been committed to providing investors with tools and independent research since 1978. For more than a quarter century, the Zacks Rank stock-rating system has more than doubled the S&P 500 with an average gain of +24.08% per year. (These returns cover a period from January 1, 1988 through May 6, 2024.)
Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report
Digital Realty Trust, Inc. (DLR) : Free Stock Analysis Report
Xenia Hotels & Resorts, Inc. (XHR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Digital Realty Trust (DLR) Q3 FFO Meet Estimates

Looking at the universe of stocks we cover at Dividend Channel, on 9/30/24, Zimmer Biomet Holdings Inc (Symbol: ZBH), Xenia Hotels & Resorts Inc (Symbol: XHR), and Park Hotels & Resorts Inc (Symbol: PK) will all trade ex-dividend for their respective upcoming dividends. Zimmer Biomet Holdings Inc will pay its quarterly dividend of $0.24 on 10/31/24, Xenia Hotels & Resorts Inc will pay its quarterly dividend of $0.12 on 10/15/24, and Park Hotels & Resorts Inc will pay its quarterly dividend of $0.25 on 10/15/24. As a percentage of ZBH's recent stock price of $106.50, this dividend works out to approximately 0.23%, so look for shares of Zimmer Biomet Holdings Inc to trade 0.23% lower — all else being equal — when ZBH shares open for trading on 9/30/24. Similarly, investors should look for XHR to open 0.81% lower in price and for PK to open 1.71% lower, all else being equal.
Below are dividend history charts for ZBH, XHR, and PK, showing historical dividends prior to the most recent ones declared.
Zimmer Biomet Holdings Inc (Symbol: ZBH):
Xenia Hotels & Resorts Inc (Symbol: XHR):
Park Hotels & Resorts Inc (Symbol: PK):
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.90% for Zimmer Biomet Holdings Inc, 3.23% for Xenia Hotels & Resorts Inc, and 6.85% for Park Hotels & Resorts Inc.
In Thursday trading, Zimmer Biomet Holdings Inc shares are currently off about 1.2%, Xenia Hotels & Resorts Inc shares are off about 2.6%, and Park Hotels & Resorts Inc shares are down about 3.8% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
Also see:
ETF Channel
AOSL Price Target
Top Ten Hedge Funds Holding NXJ
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Ex-Dividend Reminder: Zimmer Biomet Holdings, Xenia Hotels & Resorts and Park Hotels & Resorts

Consumer stocks rose late Friday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.
In corporate news, Azul (AZUL) shares surged 29%. The company is close to finalizing a deal with lessors to restructure about $600 million in debt, offering them equity in the company, Reuters reported Friday.
Xenia Hotels & Resorts (XHR) shares rose 3.3% as Wells Fargo upgraded its rating on the company to overweight from equalweight, with a price target of $15.
RH (RH) shares surged jumped 25%. The company recorded better-than-expected fiscal Q2 results amid higher demand that is projected to accelerate through this year and into next.
United Airlines (UAL) shares added 1% after it said Friday it signed a deal with SpaceX to equip its planes with Starlink's Wi-Fi service.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Sector Update: Consumer Stocks Higher in Late Afternoon Trading

SL Green (SLG) came out with quarterly funds from operations (FFO) of $2.05 per share, beating the Zacks Consensus Estimate of $1.62 per share. This compares to FFO of $1.43 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 26.54%. A quarter ago, it was expected that this commercial real estate investment trust would post FFO of $2.32 per share when it actually produced FFO of $3.07, delivering a surprise of 32.33%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
SL Green, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $135.56 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 3.31%. This compares to year-ago revenues of $165.65 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call.
SL Green shares have added about 40% since the beginning of the year versus the S&P 500's gain of 18.8%.
What's Next for SL Green?
While SL Green has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions.
Ahead of this earnings release, the estimate revisions trend for SL Green: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus FFO estimate is $1.43 on $133.88 million in revenues for the coming quarter and $7.51 on $527.92 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Xenia Hotels & Resorts (XHR), has yet to report results for the quarter ended June 2024. The results are expected to be released on August 1.
This real estate investment trust that owns hotels is expected to post quarterly earnings of $0.49 per share in its upcoming report, which represents a year-over-year change of +4.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Xenia Hotels & Resorts' revenues are expected to be $278.05 million, up 2.6% from the year-ago quarter.
Only $1 to See All Zacks' Buys and Sells
We're not kidding.
Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.
Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SL Green Realty Corporation (SLG) : Free Stock Analysis Report
Xenia Hotels & Resorts, Inc. (XHR) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

SL Green (SLG) Tops Q2 FFO and Revenue Estimates

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR Dow Jones REIT ETF (Symbol: RWR), we found that the implied analyst target price for the ETF based upon its underlying holdings is $101.52 per unit.
With RWR trading at a recent price near $92.67 per unit, that means that analysts see 9.55% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of RWR's underlying holdings with notable upside to their analyst target prices are Xenia Hotels & Resorts Inc (Symbol: XHR), Tanger Inc (Symbol: SKT), and Retail Opportunity Investments Corp (Symbol: ROIC). Although XHR has traded at a recent price of $14.33/share, the average analyst target is 10.96% higher at $15.90/share. Similarly, SKT has 10.83% upside from the recent share price of $26.81 if the average analyst target price of $29.71/share is reached, and analysts on average are expecting ROIC to reach a target price of $13.64/share, which is 10.82% above the recent price of $12.31. Below is a twelve month price history chart comparing the stock performance of XHR, SKT, and ROIC:
Below is a summary table of the current analyst target prices discussed above:
Name
Symbol
Recent Price
Avg. Analyst 12-Mo. Target
% Upside to Target
SPDR Dow Jones REIT ETF
RWR
$92.67
$101.52
9.55%
Xenia Hotels & Resorts Inc
XHR
$14.33
$15.90
10.96%
Tanger Inc
SKT
$26.81
$29.71
10.83%
Retail Opportunity Investments Corp
ROIC
$12.31
$13.64
10.82%
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
Also see:
SEMR Stock Predictions
NL YTD Return
RLI Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Implied RWR Analyst Target Price: $102

For the quarter ended March 2024, Xenia Hotels & Resorts (XHR) reported revenue of $267.49 million, down 0.6% over the same period last year. EPS came in at $0.44, compared to $0.10 in the year-ago quarter.
The reported revenue represents a surprise of +3.36% over the Zacks Consensus Estimate of $258.8 million. With the consensus EPS estimate being $0.38, the EPS surprise was +15.79%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Xenia Hotels & Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Food and beverage: $92.77 million versus $92.66 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.5% change.
Revenues- Room: $153.12 million versus $149.52 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change.
Revenues- Other: $21.59 million compared to the $18.37 million average estimate based on five analysts. The reported number represents a change of +12.4% year over year.
Net Earnings Per Share (Diluted): $0.08 compared to the $0.07 average estimate based on five analysts.
View all Key Company Metrics for Xenia Hotels & Resorts here>>>
Shares of Xenia Hotels & Resorts have returned -6.6% over the past month versus the Zacks S&P 500 composite's -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.2% per year. So be sure to give these hand picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Xenia Hotels & Resorts, Inc.

Sign up and unlock all the capabilities of the AI-screener