Analysts Offer Insights on Financial Companies: Xenia Hotels & Resorts (XHR) and Maiden Holdings Ltd (MHLD)


Analysts fell to the sidelines weighing in on Xenia Hotels & Resorts (XHR) and Maiden Holdings Ltd (MHLD) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Xenia Hotels & Resorts (XHR)

B.Riley FBR analyst Bryan Maher maintained a Hold rating on Xenia Hotels & Resorts today and set a price target of $24. The company’s shares opened today at $19.74.

Maher said:

“We are lowering our 2019-2020 estimates for Xenia Hotels & Resorts (XHR) due to a net negative transaction activity EBITDA impact and certain non-recurring business interruption proceeds from prior natural disasters. The net effect is about $8.0M in EBITDA degradation relative to our prior estimate (or ~$0.11 per share of AFFO in 2019). In short, the dispositions of the Washington D.C. and the Residence Inn Denver have a negative $19.0M impact on EBITDA, offset by a $16.0M gain from the acquisitions of the Astoria Atlanta.”

According to TipRanks.com, Maher is a 1-star analyst with an average return of -1.1% and a 47.4% success rate. Maher covers the Financial sector, focusing on stocks such as Senior Housing Properties Trust, Office Properties Income Trust, and Braemar Hotels & Resorts Inc.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Xenia Hotels & Resorts with a $20.50 average price target.

See today’s analyst top recommended stocks >>

Maiden Holdings Ltd (MHLD)

B.Riley FBR analyst Randy Binner reiterated a Hold rating on Maiden Holdings Ltd today and set a price target of $1. The company’s shares opened today at $0.69, close to its 52-week low of $0.61.

Binner commented:

“We have updated our pro forma balance sheet and run-off analysis for Maiden (MHLD—Neutral, $1.00 PT) based on the 10-K filing on March 15, 2019. While there are a number of puts and takes in the reported numbers, we net out with a similar view of the equity having positive value. The extent to which MHLD remains in business is a key focus for us moving forward given the risk of further operating losses, which could erode the equity base. That said, the company has made progress on expense controls and continues to have a large investment base. Reserve development in 4Q18 was in-line with expectation following the recently announced adverse development cover (ADC).”

According to TipRanks.com, Binner is a 5-star analyst with an average return of 13.6% and a 66.5% success rate. Binner covers the Financial sector, focusing on stocks such as American Equity Investment Life, Health Insurance Innovations, and National General Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for Maiden Holdings Ltd with a $1 average price target.

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