Xenia Hotels & Resorts (NYSE:XHR) Sets New 52-Week High After Better-Than-Expected Earnings

Xenia Hotels & Resorts, Inc. (NYSE:XHRGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Friday after the company announced better than expected quarterly earnings. The company traded as high as $16.64 and last traded at $16.74, with a volume of 27497 shares changing hands. The stock had previously closed at $16.27.

The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.45. Xenia Hotels & Resorts had a net margin of 5.85% and a return on equity of 5.13%. The firm’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS.

Xenia Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, March 31st. Xenia Hotels & Resorts’s dividend payout ratio is currently 87.50%.

Analyst Ratings Changes

A number of brokerages have issued reports on XHR. Weiss Ratings cut shares of Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, April 21st. Robert W. Baird set a $17.00 target price on shares of Xenia Hotels & Resorts in a report on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, Xenia Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $16.33.

Get Our Latest Stock Analysis on Xenia Hotels & Resorts

Insider Transactions at Xenia Hotels & Resorts

In other Xenia Hotels & Resorts news, insider Barry A. N. Bloom sold 151,909 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $15.73, for a total value of $2,389,528.57. Following the completion of the transaction, the insider directly owned 15,233 shares of the company’s stock, valued at approximately $239,615.09. This trade represents a 90.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 4.40% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of XHR. Arrowstreet Capital Limited Partnership increased its stake in shares of Xenia Hotels & Resorts by 30.6% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock worth $37,104,000 after purchasing an additional 633,820 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Xenia Hotels & Resorts by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 17,267,751 shares of the real estate investment trust’s stock worth $236,914,000 after purchasing an additional 555,195 shares in the last quarter. LSV Asset Management increased its stake in shares of Xenia Hotels & Resorts by 99.4% during the 4th quarter. LSV Asset Management now owns 1,065,627 shares of the real estate investment trust’s stock worth $15,068,000 after purchasing an additional 531,127 shares in the last quarter. UBS Group AG increased its stake in shares of Xenia Hotels & Resorts by 275.1% during the 3rd quarter. UBS Group AG now owns 549,701 shares of the real estate investment trust’s stock worth $7,542,000 after purchasing an additional 403,149 shares in the last quarter. Finally, APG Asset Management US Inc. purchased a new position in shares of Xenia Hotels & Resorts during the 3rd quarter worth approximately $5,275,000. 92.43% of the stock is owned by hedge funds and other institutional investors.

Xenia Hotels & Resorts Stock Performance

The company has a current ratio of 2.67, a quick ratio of 2.67 and a debt-to-equity ratio of 1.20. The stock’s 50 day moving average price is $15.33 and its two-hundred day moving average price is $14.63. The firm has a market capitalization of $1.55 billion, a PE ratio of 26.19 and a beta of 1.16.

About Xenia Hotels & Resorts

(Get Free Report)

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.

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