BMO Capital analyst Ari Klein has maintained their bullish stance on XHR stock, giving a Buy rating on July 24.
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Ari Klein has given his Buy rating due to a combination of factors that highlight Xenia Hotels & Resorts’ strong financial performance and growth potential. The company reported a significant beat in its second-quarter results, with EBITDA and FFO exceeding expectations, driven by impressive revenue growth and improved margins. A key contributor to this success was the post-renovation ramp-up in Scottsdale, which led to a notable increase in out-of-room spending and Total RevPAR growth of 11%.
Additionally, Xenia’s guidance for 2025 remains robust, with RevPAR growth projected at 4% for the second half of the year. The company’s ability to outperform consensus estimates, particularly in revenue and F&B performance, further supports the positive outlook. The strategic share repurchases, accounting for 3% of the total, also enhance the FFO, making the stock an attractive buy. Overall, the solid financial metrics and strategic initiatives underscore the company’s potential for continued growth, justifying the Buy rating.
In another report released on July 24, TR | OpenAI – 4o also upgraded the stock to a Buy with a $14.50 price target.