Xenia Hotels & Resorts (NYSE:XHR) Reaches New 52-Week High – Here’s Why

Xenia Hotels & Resorts, Inc. (NYSE:XHR) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $20.83 and last traded at $20.7020, with a volume of 2565977 shares trading hands. The stock had previously closed at $20.81.

Wall Street Analyst Weigh In

XHR has been the topic of several research reports. Wells Fargo & Company raised their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets restated an “outperform” rating and set a $21.00 price target on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. KeyCorp lifted their price target on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Finally, Weiss Ratings cut Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of “Moderate Buy” and an average target price of $19.25.

Xenia Hotels & Resorts Trading Down 1.2%

The business’s 50 day simple moving average is $17.77 and its 200 day simple moving average is $16.02. The company has a debt-to-equity ratio of 1.14, a current ratio of 2.05 and a quick ratio of 2.05. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 29.11 and a beta of 1.17.

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

Xenia Hotels & Resorts Dividend Announcement

The business also recently disclosed 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. This represents a $0.56 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Tuesday, June 30th. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is presently 80.00%.

Insider Buying and Selling at Xenia Hotels & Resorts

In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of Xenia Hotels & Resorts stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $17.00, for a total value of $2,040,000.00. Following the transaction, the insider directly owned 250,805 shares in the company, valued at approximately $4,263,685. This trade represents a 32.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 4.40% of the company’s stock.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Hedge funds have recently modified their holdings of the stock. Royal Bank of Canada increased its stake in Xenia Hotels & Resorts by 18.9% in the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock valued at $366,000 after buying an additional 4,950 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Xenia Hotels & Resorts by 75.0% in the first quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after acquiring an additional 17,097 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Xenia Hotels & Resorts by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock valued at $713,000 after acquiring an additional 2,633 shares in the last quarter. Jane Street Group LLC raised its holdings in Xenia Hotels & Resorts by 85.0% during the first quarter. Jane Street Group LLC now owns 93,661 shares of the real estate investment trust’s stock worth $1,101,000 after purchasing an additional 43,026 shares in the last quarter. Finally, Creative Planning purchased a new position in Xenia Hotels & Resorts during the second quarter worth about $230,000. 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.