Loading...

Xenia Hotels & Resorts

NYSE:XHR
Snowflake Description

Good value average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
XHR
NYSE
$3B
Imp Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. The last earnings update was 20 days ago. More info.


Add to Portfolio Compare Print
XHR Share Price and Events
7 Day Returns
-1.2%
NYSE:XHR
1.2%
US REITs
1.6%
US Market
1 Year Returns
-9.7%
NYSE:XHR
15.2%
US REITs
2.6%
US Market
XHR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Xenia Hotels & Resorts (XHR) -1.2% 6% 14.4% -9.7% 41% -
US REITs 1.2% 2.9% 3.3% 15.2% 13.3% 25.8%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • XHR underperformed the REITs industry which returned 15.2% over the past year.
  • XHR underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
XHR
Industry
5yr Volatility vs Market

Value

 Is Xenia Hotels & Resorts undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Xenia Hotels & Resorts to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Xenia Hotels & Resorts.

NYSE:XHR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations
Levered Adjusted Funds From Operations Average of 7 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:XHR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.53
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.531 (1 + (1- 21%) (46.59%))
0.817
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.82
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.817 * 5.96%)
7.6%

Discounted Cash Flow Calculation for NYSE:XHR using 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations Model

The calculations below outline how an intrinsic value for Xenia Hotels & Resorts is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Xenia Hotels & Resorts is a Real Estate Investment Trust (REIT), we use funds from operations (FFO) or adjusted funds from operations (AFFO) instead of levered free cash flow for REITs. This excludes depreciation and borrowing. Ideally analysts estimates of AFFO are used, where these aren't available we use FFO.

NYSE:XHR DCF 1st Stage: Next 10 year cash flow forecast
Adjusted Funds From Operations (AFFO) (USD, Millions) Source Present Value
Discounted (@ 7.6%)
2019 188.44 Analyst x1 175.14
2020 188.38 Analyst x1 162.71
2021 186.66 Analyst x1 149.85
2022 187.57 Est @ 0.49% 139.94
2023 189.75 Est @ 1.16% 131.57
2024 192.85 Est @ 1.63% 124.27
2025 196.63 Est @ 1.96% 117.76
2026 200.94 Est @ 2.19% 111.85
2027 205.67 Est @ 2.35% 106.39
2028 210.74 Est @ 2.47% 101.32
Present value of next 10 years cash flows $1,320.80
NYSE:XHR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $210.74 × (1 + 2.73%) ÷ (7.6% – 2.73%)
$4,446.98
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4,446.98 ÷ (1 + 7.6%)10
$2,138.02
NYSE:XHR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,320.80 + $2,138.02
$3,458.82
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $3,458.82 / 116.43
$30.42
NYSE:XHR Discount to Share Price
Calculation Result
Value per share (USD) From above. $30.42
Current discount Discount to share price of $22.23
= -1 x ($22.23 - $30.42) / $30.42
26.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Xenia Hotels & Resorts is available for.
Intrinsic value
27%
Share price is $22.23 vs Future cash flow value of $30.42
Current Discount Checks
For Xenia Hotels & Resorts to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Xenia Hotels & Resorts's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Xenia Hotels & Resorts's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Xenia Hotels & Resorts's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Xenia Hotels & Resorts's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:XHR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.38
NYSE:XHR Share Price ** NYSE (2019-05-21) in USD $22.23
United States of America REITs Industry PE Ratio Median Figure of 155 Publicly-Listed REITs Companies 32.75x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Xenia Hotels & Resorts.

NYSE:XHR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:XHR Share Price ÷ EPS (both in USD)

= 22.23 ÷ 1.38

16.1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Xenia Hotels & Resorts is good value based on earnings compared to the US REITs industry average.
  • Xenia Hotels & Resorts is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Xenia Hotels & Resorts's expected growth come at a high price?
Raw Data
NYSE:XHR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 16.1x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
-11.7%per year
United States of America REITs Industry PEG Ratio Median Figure of 141 Publicly-Listed REITs Companies 2.58x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

NYSE:XHR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 16.1x ÷ -11.7%

-1.37x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Xenia Hotels & Resorts earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Xenia Hotels & Resorts's assets?
Raw Data
NYSE:XHR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $16.01
NYSE:XHR Share Price * NYSE (2019-05-21) in USD $22.23
United States of America REITs Industry PB Ratio Median Figure of 191 Publicly-Listed REITs Companies 1.89x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
NYSE:XHR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:XHR Share Price ÷ Book Value per Share (both in USD)

= 22.23 ÷ 16.01

1.39x

* Primary Listing of Xenia Hotels & Resorts.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Xenia Hotels & Resorts is good value based on assets compared to the US REITs industry average.
X
Value checks
We assess Xenia Hotels & Resorts's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Xenia Hotels & Resorts has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Xenia Hotels & Resorts expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-11.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Xenia Hotels & Resorts expected to grow at an attractive rate?
  • Xenia Hotels & Resorts's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Xenia Hotels & Resorts's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Xenia Hotels & Resorts's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:XHR Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:XHR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts -11.7%
NYSE:XHR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 1.2%
United States of America REITs Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
United States of America REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:XHR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:XHR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,149 263 70 4
2020-12-31 1,144 257 75 7
2019-12-31 1,132 238 74 6
NYSE:XHR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,087 245 154
2018-12-31 1,058 254 193
2018-09-30 1,042 238 103
2018-06-30 1,024 233 105
2018-03-31 991 221 146
2017-12-31 945 213 98
2017-09-30 906 228 137
2017-06-30 917 227 146
2017-03-31 934 230 102
2016-12-31 950 229 85
2016-09-30 979 224 98
2016-06-30 993 224 96

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Xenia Hotels & Resorts's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Xenia Hotels & Resorts's revenue is expected to grow by 1.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:XHR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Xenia Hotels & Resorts Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:XHR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.60 0.76 0.44 2.00
2020-12-31 0.65 0.76 0.55 3.00
2019-12-31 0.66 0.73 0.62 3.00
NYSE:XHR Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.38
2018-12-31 1.75
2018-09-30 0.95
2018-06-30 0.98
2018-03-31 1.37
2017-12-31 0.92
2017-09-30 1.29
2017-06-30 1.36
2017-03-31 0.95
2016-12-31 0.79
2016-09-30 0.90
2016-06-30 0.87

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Xenia Hotels & Resorts is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Xenia Hotels & Resorts's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Xenia Hotels & Resorts has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Xenia Hotels & Resorts performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Xenia Hotels & Resorts's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Xenia Hotels & Resorts has delivered over 20% year on year earnings growth in the past 5 years.
  • Xenia Hotels & Resorts's 1-year earnings growth is less than its 5-year average (5.7% vs 40.6%)
  • Xenia Hotels & Resorts's earnings growth has not exceeded the US REITs industry average in the past year (5.7% vs 16%).
Earnings and Revenue History
Xenia Hotels & Resorts's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Xenia Hotels & Resorts Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:XHR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,087.40 154.10 30.46
2018-12-31 1,058.21 193.01 30.95
2018-09-30 1,041.68 102.80 30.93
2018-06-30 1,023.98 105.18 31.26
2018-03-31 991.32 145.76 31.23
2017-12-31 945.28 98.27 31.55
2017-09-30 905.94 137.33 29.25
2017-06-30 916.60 145.94 29.20
2017-03-31 933.59 102.38 29.04
2016-12-31 950.16 85.38 28.18
2016-09-30 978.95 98.45 29.11
2016-06-30 993.46 96.43 28.18
2016-03-31 983.31 94.46 27.45
2015-12-31 976.14 89.10 26.55
2015-09-30 957.49 29.20 34.90
2015-06-30 940.12 17.30 39.13
2015-03-31 935.98 13.62 40.48
2014-12-31 926.38 34.68 40.37
2014-09-30 902.15 14.54 34.24
2014-06-30 713.32 -15.87 29.53
2014-03-31 685.77 -27.20 28.44
2013-12-31 652.34 -45.84 26.19
2012-12-31 467.06 -33.49 19.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Xenia Hotels & Resorts has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Xenia Hotels & Resorts used its assets more efficiently than the US REITs industry average last year based on Return on Assets.
  • Xenia Hotels & Resorts's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Xenia Hotels & Resorts's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Xenia Hotels & Resorts has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Xenia Hotels & Resorts's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Xenia Hotels & Resorts's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Xenia Hotels & Resorts is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Xenia Hotels & Resorts's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Xenia Hotels & Resorts's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Xenia Hotels & Resorts Company Filings, last reported 1 month ago.

NYSE:XHR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,833.56 1,177.79 80.92
2018-12-31 1,852.71 1,155.09 104.37
2018-09-30 1,803.96 1,133.89 114.65
2018-06-30 1,806.74 1,117.75 207.45
2018-03-31 1,682.44 1,328.09 275.11
2017-12-31 1,645.09 1,322.59 82.72
2017-09-30 1,656.92 1,285.89 455.48
2017-06-30 1,672.18 1,063.44 206.70
2017-03-31 1,632.32 1,076.99 209.38
2016-12-31 1,651.57 1,077.13 221.15
2016-09-30 1,622.88 1,179.00 185.31
2016-06-30 1,633.05 1,278.21 278.06
2016-03-31 1,650.19 1,297.90 159.58
2015-12-31 1,743.36 1,094.84 123.95
2015-09-30 1,700.74 1,186.34 99.43
2015-06-30 1,703.77 1,127.19 197.30
2015-03-31 1,702.14 1,178.21 238.13
2014-12-31 1,520.92 1,197.56 163.05
2014-09-30 1,883.63 1,337.59 126.53
2014-06-30 1,863.79 1,952.26 145.72
2014-03-31 1,936.85 1,908.10 127.34
2013-12-31 1,818.26 1,280.22 89.17
2012-12-31 1,217.98 1,011.42 65.00
  • Xenia Hotels & Resorts's level of debt (64.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (98.6% vs 64.2% today).
  • Debt is well covered by operating cash flow (20.8%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Xenia Hotels & Resorts's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Xenia Hotels & Resorts has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Xenia Hotels & Resorts's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.95%
Current annual income from Xenia Hotels & Resorts dividends. Estimated to be 4.99% next year.
If you bought $2,000 of Xenia Hotels & Resorts shares you are expected to receive $99 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Xenia Hotels & Resorts's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Xenia Hotels & Resorts's dividend is above the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:XHR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
United States of America REITs Industry Average Dividend Yield Market Cap Weighted Average of 184 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:XHR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 1.07 3.00
2020-12-31 1.14 6.00
2019-12-31 1.10 6.00
NYSE:XHR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-21 1.100 5.237
2018-11-19 1.100 5.897
2018-09-14 1.100 5.068
2018-05-23 1.100 4.503
2018-02-23 1.100 5.318
2017-12-08 1.100 5.127
2017-09-14 1.100 5.113
2017-05-23 1.100 5.616
2017-02-24 1.100 6.370
2016-12-09 1.100 5.838
2016-09-09 1.100 6.819
2016-05-25 1.100 6.482
2016-03-17 1.100 7.157
2015-12-10 0.920 6.195
2015-09-17 0.920 5.260
2015-06-04 0.920 4.419
2015-03-13 0.920 4.060

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Xenia Hotels & Resorts has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Xenia Hotels & Resorts only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Xenia Hotels & Resorts's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (222.7x coverage).
X
Income/ dividend checks
We assess Xenia Hotels & Resorts's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Xenia Hotels & Resorts afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Xenia Hotels & Resorts has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Xenia Hotels & Resorts's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Marcel Verbaas
COMPENSATION $5,441,363
AGE 48
TENURE AS CEO 12.3 years
CEO Bio

Mr. Marcel Verbaas serves as Chairman and Chief Executive Officer of Xenia Hotels & Resorts, Inc. since 2007 and November 2017 respectively. Mr. Verbaas served as President of Xenia Hotels & Resorts, Inc. since 2007 until November 2017. Mr. Verbaas has been the President and Chief Executive Officer of Inland American Lodging Advisor, Inc. since 2007. Prior to this, he served as the Chief Investment Officer and Senior Vice President at CNL Hotels & Resorts, Inc. since January 2005 and served as its Senior Vice President of Real Estate since December 2004. He served as the Chief Investment Officer and Senior Vice President of CNL Retirement Properties Inc. and CNL Retirement Corp. until December 31, 2004. Mr. Verbaas served as the Senior Vice President of Structured Investments at CNL Hospitality Corp. from August 2000 to July 2003. Prior to joining CNL, he served as a Director of Corporate Finance at Stormont Trice Development Corporation from July 1998 to August 2000. He has been a Director of Xenia Hotels & Resorts, Inc. since August 6, 2014. Mr. Verbaas acquired extensive real estate finance expertise through various originations and underwriting positions with GE Capital Corp. and Ocwen Financial Corp. Mr. Verbaas received a Master's Degree in Business Economics from Erasmus University of Rotterdam, The Netherlands.

CEO Compensation
  • Marcel's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Marcel's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Xenia Hotels & Resorts management team in years:

4
Average Tenure
45
Average Age
  • The tenure for the Xenia Hotels & Resorts management team is about average.
Management Team

Marcel Verbaas

TITLE
Chairman of the Board & CEO
COMPENSATION
$5M
AGE
48
TENURE
12.3 yrs

Barry A. Bloom

TITLE
President & COO
COMPENSATION
$3M
AGE
53
TENURE
1.5 yrs

Atish Shah

TITLE
Executive VP
COMPENSATION
$2M
AGE
45
TENURE
3.1 yrs

Philip Wade

TITLE
Senior VP & Chief Investment Officer
COMPENSATION
$1M
AGE
41
TENURE
5.3 yrs

Joe Johnson

TITLE
Senior VP & Chief Accounting Officer
COMPENSATION
$1M
AGE
43
TENURE
4 yrs

Lisa Ramey

TITLE
Vice President of Finance

Taylor Kessel

TITLE
Senior VP
TENURE
4.3 yrs

Jack Elkins

TITLE
Senior Vice President of Project Management
TENURE
9.3 yrs

Tom Brennan

TITLE
Senior Vice President of Asset Management
TENURE
3.2 yrs

Curtis Campbell

TITLE
VP & Assistant Controller
TENURE
2.8 yrs
Board of Directors Tenure

Average tenure and age of the Xenia Hotels & Resorts board of directors in years:

4.3
Average Tenure
62
Average Age
  • The tenure for the Xenia Hotels & Resorts board of directors is about average.
Board of Directors

Marcel Verbaas

TITLE
Chairman of the Board & CEO
COMPENSATION
$5M
AGE
48
TENURE
1.5 yrs

Thomas Gartland

TITLE
Director
COMPENSATION
$178K
AGE
60
TENURE
4.3 yrs

Beth McCormick

TITLE
Director
COMPENSATION
$175K
AGE
61
TENURE
4.3 yrs

Denny Oklak

TITLE
Director
COMPENSATION
$180K
AGE
64
TENURE
4.3 yrs

Jeff Donahue

TITLE
Lead Director
COMPENSATION
$215K
AGE
71
TENURE
1.5 yrs

John Alschuler

TITLE
Director
COMPENSATION
$170K
AGE
70
TENURE
4.3 yrs

Keith Bass

TITLE
Director
COMPENSATION
$165K
AGE
54
TENURE
4.3 yrs

Beverly Goulet

TITLE
Director
COMPENSATION
$175K
AGE
63
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
03. Dec 18 Buy Marcel Verbaas Individual 30. Nov 18 30. Nov 18 5,000 $19.99 $99,950
X
Management checks
We assess Xenia Hotels & Resorts's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Xenia Hotels & Resorts has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Boasting A 8.7% Return On Equity, Is Xenia Hotels & Resorts, Inc. (NYSE:XHR) A Top Quality Stock?

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Xenia Hotels &amp; Resorts: 8.7% = US$154m ÷ US$1.8b (Based on the trailing twelve months to March 2019.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does Xenia Hotels &amp; Resorts Have A Good ROE? … Combining Xenia Hotels &amp; Resorts's Debt And Its 8.7% Return On Equity Although Xenia Hotels &amp; Resorts does use debt, its debt to equity ratio of 0.64 is still low.

Simply Wall St -

Is Xenia Hotels & Resorts, Inc. (NYSE:XHR) Potentially Undervalued?

Xenia Hotels & Resorts, Inc. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … Today I will analyse the most recent data on Xenia Hotels & Resorts’s outlook and valuation to see if the opportunity still exists.

Simply Wall St -

Xenia Hotels & Resorts, Inc. (NYSE:XHR) Has Attractive Fundamentals

I've been keeping an eye on Xenia Hotels & Resorts, Inc. … Looking at the company as a whole, as a potential stock investment, I believe XHR has a lot to offer.

Simply Wall St -

Investing In Property Through Xenia Hotels & Resorts, Inc. (NYSE:XHR)

Xenia Hotels & Resorts, Inc. … View our latest analysis for Xenia Hotels & Resorts. … REIT investors should be familiar with the term Fund from Operations (FFO) – a REIT’s main source of cash flow from its day-to-day business activities

Simply Wall St -

How Much Of Xenia Hotels & Resorts, Inc. (NYSE:XHR) Do Institutions Own?

The big shareholder groups in Xenia Hotels & Resorts, Inc. … Companies that have been privatized tend to have low insider ownership. … Xenia Hotels & Resorts has a market capitalization of US$2.3b, so we would expect some institutional investors to have noticed the stock.

Simply Wall St -

If You Had Bought Xenia Hotels & Resorts (NYSE:XHR) Shares Three Years Ago You'd Have Made 21%

(NYSE:XHR) share price return of 21% over three years lags the market return in the same period. … During three years of share price growth, Xenia Hotels & Resorts achieved compound earnings per share growth of 30% per year. … This EPS growth is higher than the 6.5% average annual increase in the share price.

Simply Wall St -

Is Xenia Hotels & Resorts, Inc.'s (NYSE:XHR) CEO Pay Fair?

Marcel Verbaas became the CEO of Xenia Hotels & Resorts, Inc. … See our latest analysis for Xenia Hotels & Resorts … How Does Marcel Verbaas's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Taking A Look At Xenia Hotels & Resorts, Inc.'s (NYSE:XHR) ROE

That means that for every $1 worth of shareholders' equity, it generated $0.059 in profit. … See our latest analysis for Xenia Hotels & Resorts? … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

At US$18.04, Is It Time To Put Xenia Hotels & Resorts, Inc. (NYSE:XHR) On Your Watch List?

Xenia Hotels & Resorts, Inc. … A question to answer is whether Xenia Hotels & Resorts's current trading price of $18.04 reflective of the actual value of the? … Let’s take a look at Xenia Hotels & Resorts’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Xenia Hotels & Resorts, Inc. (NYSE:XHR): A Fundamentally Attractive Investment

Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Xenia Hotels & Resorts, Inc. … that has been a rockstar for income investors, currently trading at an attractive share price

Simply Wall St -

Company Info

Description

Xenia Hotels & Resorts, Inc. is a self-advised and self-administered REIT that invests primarily in uniquely positioned luxury and upper upscale hotels and resorts, with a focus on the top 25 U.S. lodging markets as well as key leisure destinations in the United States. The Company owns 40 hotels comprising 11,167 rooms across 17 states. Xenia's hotels are primarily in the luxury and upper upscale segments, and operated and/or licensed by industry leaders such as Marriott, Hyatt, Kimpton, Fairmont, Loews, and Hilton, as well as leading independent management companies including The Kessler Collection, Sage Hospitality, and Davidson Hotels & Resorts.

Details
Name: Xenia Hotels & Resorts, Inc.
XHR
Exchange: NYSE
Founded:
$2,527,776,169
$2,504,022,056
116,433,725
Website: http://www.xeniareit.com
Address: Xenia Hotels & Resorts, Inc.
200 South Orange Avenue,
Suite 2700,
Orlando,
Florida, 32801,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE XHR Common Stock New York Stock Exchange US USD 05. Feb 2015
DB 0XHR Common Stock Deutsche Boerse AG DE EUR 05. Feb 2015
Number of employees
Current staff
Staff numbers
51
Xenia Hotels & Resorts employees.
Industry
Hotel and Resort REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:49
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/18
Last earnings filing: 2019/05/02
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.