In This Article:
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Xenia Hotels & Resorts (NYSE:XHR) 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 U.S.
It will report its Q4 2024 earnings on Tuesday, before the market opens. Wall Street analysts expect the company to post EPS of $0.38, down from $0.41 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $263.27 million, up from $253.37 million a year earlier.
Don't Miss:
-
Coinbase’s latest promo gets you up to $200 in crypto (Seriously!) — Here's everything you need to know to take advantage of this offer.
-
If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it?
The 52-week range of Xenia Hotels & Resorts stock price was $12.34 to $16.50.
Xenia Hotels & Resorts' dividend yield is 3.32%. It paid $0.48 per share in dividends during the last 12 months.
The Latest On Xenia Hotels & Resorts
On Nov. 6, the company announced its Q3 2024 earnings, posting FFO of $0.25, compared to the consensus estimate of $0.28, and revenues of $236.806 million, compared to the consensus of $239.062 million, as reported by Benzinga.
“Our third quarter Adjusted EBITDARe came in modestly below our expectations, as greater renovation impact at the now newly branded Grand Hyatt Scottsdale Resort, softer leisure demand, impact from multiple hurricanes and continued expense pressures weighed on our results,” said CEO Marcel Verbaas. “While our portfolio experienced a meaningful occupancy increase compared to the third quarter of last year, a 3.3% decrease in ADR negatively impacted Hotel EBITDA Margin.”
Trending: CEO of Integris gathered a team of senior investment managers who have $34.22 billion in combined owned and managed assets in the West Coast — here’s how to invest in their private credit fund that targets 12% annual interest rate.
How Can You Earn $100 Per Month As A Xenia Hotels & Resorts Investor?
If you want to make $100 per month — $1,200 annually — from Xenia Hotels & Resorts dividends, your investment value needs to be approximately $36,146, which is around 2,503 shares at $14.44 each.
Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (3.32% in this case). So, $1,200 / 0.0332 = $36,146 to generate an income of $100 per month.