Xenia Hotels & Resorts (NYSE:XHR) Reaches New 12-Month High – Here’s Why

Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $21.31 and last traded at $21.09, with a volume of 496899 shares. The stock had previously closed at $21.00.

Wall Street Analysts Forecast Growth

XHR has been the topic of a number of analyst reports. Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, July 13th. BMO Capital Markets restated an “outperform” rating and issued a $21.00 price target on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. KeyCorp boosted their price target on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. Finally, Wells Fargo & Company increased their price target on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, Xenia Hotels & Resorts has a consensus rating of “Buy” and an average target price of $19.25.

Xenia Hotels & Resorts Trading Down 0.5%

The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 30.46 and a beta of 1.14. The business has a fifty day moving average price of $19.09 and a 200 day moving average price of $16.66. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05.

Xenia Hotels & Resorts (NYSE:XHR) last announced its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.03. The business had revenue of $295.41 million for the quarter, compared to the consensus estimate of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. Xenia Hotels & Resorts’s quarterly revenue was up 2.2% on a year-over-year basis. During the same quarter last year, the company posted $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, equities analysts expect that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.14 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. Xenia Hotels & Resorts’s payout ratio is presently 80.00%.

Insider Activity at Xenia Hotels & Resorts

In related news, insider Atish Shah sold 120,000 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $17.00, for a total value of $2,040,000.00. Following the completion of the sale, the insider owned 250,805 shares in the company, valued at approximately $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 4.40% of the company’s stock.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several institutional investors and hedge funds have recently added to or reduced their stakes in XHR. Wellington Management Group LLP grew its holdings in shares of Xenia Hotels & Resorts by 3.1% during the 3rd quarter. Wellington Management Group LLP now owns 9,044,142 shares of the real estate investment trust’s stock worth $124,086,000 after purchasing an additional 273,876 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Xenia Hotels & Resorts by 30.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,704,360 shares of the real estate investment trust’s stock valued at $37,104,000 after purchasing an additional 633,820 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Xenia Hotels & Resorts by 2.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,345,600 shares of the real estate investment trust’s stock worth $33,167,000 after purchasing an additional 49,979 shares during the period. Dimensional Fund Advisors LP lifted its position in Xenia Hotels & Resorts by 2.4% in the third quarter. Dimensional Fund Advisors LP now owns 1,374,459 shares of the real estate investment trust’s stock worth $18,859,000 after purchasing an additional 32,635 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in Xenia Hotels & Resorts by 40.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,360,082 shares of the real estate investment trust’s stock worth $19,898,000 after buying an additional 390,145 shares in the last quarter. 92.43% of the stock is currently owned by institutional investors.

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.