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

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $18.45 and last traded at $18.45, with a volume of 181542 shares traded. The stock had previously closed at $18.29.

Analysts Set New Price Targets

A number of brokerages recently issued reports on XHR. Wells Fargo & Company increased their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. BMO Capital Markets reiterated an “outperform” rating and issued a $19.00 price objective on shares of Xenia Hotels & Resorts in a research report on Monday, May 4th. Finally, Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, Xenia Hotels & Resorts presently has a consensus rating of “Buy” and an average price target of $18.00.

Xenia Hotels & Resorts Stock Up 0.7%

The stock has a 50-day moving average of $16.28 and a 200-day moving average of $15.30. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.14. The company has a market cap of $1.70 billion, a PE ratio of 26.32 and a beta of 1.17.

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

Xenia Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.14 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.56 dividend on an annualized basis and a yield of 3.0%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.00%.

Insiders Place Their Bets

In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the sale, the insider owned 250,805 shares in the company, valued at $4,263,685. This trade represents a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Large investors have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in Xenia Hotels & Resorts by 318.2% during the third quarter. Thrivent Financial for Lutherans now owns 303,499 shares of the real estate investment trust’s stock valued at $4,164,000 after purchasing an additional 230,921 shares in the last quarter. CWA Asset Management Group LLC purchased a new stake in Xenia Hotels & Resorts during the fourth quarter valued at about $1,175,000. JPMorgan Chase & Co. raised its position in Xenia Hotels & Resorts by 3.6% during the third quarter. JPMorgan Chase & Co. now owns 2,276,448 shares of the real estate investment trust’s stock valued at $31,233,000 after purchasing an additional 79,685 shares in the last quarter. Allianz Asset Management GmbH raised its position in Xenia Hotels & Resorts by 48.4% during the third quarter. Allianz Asset Management GmbH now owns 912,583 shares of the real estate investment trust’s stock valued at $12,521,000 after purchasing an additional 297,451 shares in the last quarter. Finally, LSV Asset Management increased its holdings in shares of Xenia Hotels & Resorts by 432.7% in the third quarter. LSV Asset Management now owns 534,500 shares of the real estate investment trust’s stock worth $7,333,000 after buying an additional 434,153 shares during the period. Hedge funds and other institutional investors own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

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.