Xenia Hotels & Resorts (NYSE:XHR) Sets New 12-Month High – Still a Buy?

Xenia Hotels & Resorts, Inc. (NYSE:XHR) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $15.59 and last traded at $15.51, with a volume of 87162 shares traded. The stock had previously closed at $15.22.

Analysts Set New Price Targets

A number of analysts recently weighed in on XHR shares. Weiss Ratings restated a “hold (c)” rating on shares of Xenia Hotels & Resorts in a research note on Monday, December 29th. Wells Fargo & Company boosted their target price on shares of Xenia Hotels & Resorts from $15.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Robert W. Baird set a $17.00 price target on shares of Xenia Hotels & Resorts in a report on Monday, January 12th. Finally, Wall Street Zen downgraded shares of Xenia Hotels & Resorts from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Xenia Hotels & Resorts currently has a consensus rating of “Hold” and a consensus target price of $14.00.

Xenia Hotels & Resorts Stock Down 0.6%

The company has a debt-to-equity ratio of 1.16, a current ratio of 2.51 and a quick ratio of 2.51. The firm’s 50-day moving average price is $14.40 and its 200 day moving average price is $13.78. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 27.13 and a beta of 1.23.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Friday, October 31st. The real estate investment trust reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.39. The firm had revenue of $236.42 million for the quarter, compared to analyst estimates of $236.16 million. Xenia Hotels & Resorts had a return on equity of 4.50% and a net margin of 5.24%.During the same quarter in the prior year, the company earned $0.25 EPS. Xenia Hotels & Resorts has set its FY 2025 guidance at 1.680-1.76 EPS. Sell-side analysts expect that Xenia Hotels & Resorts, Inc. will post 1.46 EPS for the current year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Wednesday, December 31st. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is currently 100.00%.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Several hedge funds have recently modified their holdings of the company. MAI Capital Management lifted its stake in shares of Xenia Hotels & Resorts by 475.6% during the third quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,674 shares during the period. Salomon & Ludwin LLC raised its holdings in Xenia Hotels & Resorts by 114.1% in the 3rd quarter. Salomon & Ludwin LLC now owns 2,085 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,111 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of Xenia Hotels & Resorts by 152.3% during the 4th quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock worth $43,000 after purchasing an additional 1,821 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Xenia Hotels & Resorts by 38.5% during the third quarter. Hantz Financial Services Inc. now owns 4,023 shares of the real estate investment trust’s stock worth $55,000 after purchasing an additional 1,119 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Xenia Hotels & Resorts by 288.8% in the second quarter. GAMMA Investing LLC now owns 6,438 shares of the real estate investment trust’s stock valued at $81,000 after purchasing an additional 4,782 shares during the period. 92.43% of the stock is owned by institutional investors and hedge funds.

Xenia Hotels & Resorts Company Profile

Xenia Hotels & Resorts is a self-administered real estate investment trust (REIT) that specializes in owning, operating and acquiring premium full-service hotels across the United States. The company’s portfolio emphasizes upper-upscale and luxury properties, partnering with leading hotel brands to deliver a distinctive guest experience while targeting markets with strong leisure and corporate demand.

Founded as a spin-off from Marriott International in September 2016, Xenia has built a diversified collection of full-service hotels and resorts in key U.S.