Xenia raises midpoint of 2026 Adjusted EBITDAre guidance by $7 mln to $273 mln
Company now sees 2026 Same-Property RevPAR up 4.75%-6.25% vs 2025
Xenia expects 2026 Adjusted FFO of $187 mln to $199 mln
Overview
U.S. lodging REIT reported Q2 net loss, reversing prior-year profit
Adjusted FFO per share for Q2 rose 7% yr/yr
Company raised full-year adjusted EBITDAre guidance by $7 mln
Analyst coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the specialized REITs peer group is "hold"
Wall Street's median 12-month price target for Xenia Hotels & Resorts Inc is $21.00, about 3.8% below its July 29 closing price of $21.82
The stock recently traded at 46 times the next 12-month earnings vs. a P/E of 56 three months ago
Result drivers and key details
ADR growth - Co said higher average daily rate drove increases in Same-Property RevPAR and Adjusted FFO per share