Xenia Hotels & Resorts (NYSE:XHR) Hits New 52-Week High – Here’s What Happened

Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $19.07 and last traded at $19.12, with a volume of 47169 shares. The stock had previously closed at $18.46.

Analyst Upgrades and Downgrades

XHR has been the subject of several analyst reports. BMO Capital Markets reissued an “outperform” rating and issued a $19.00 price objective on shares of Xenia Hotels & Resorts in a report on Monday, May 4th. Wells Fargo & Company boosted their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, June 1st. KeyCorp boosted their price objective on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Weiss Ratings raised Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, May 4th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $18.75.

Xenia Hotels & Resorts Trading Up 2.7%

The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 27.07 and a beta of 1.17. The company has a fifty day moving average price of $16.50 and a two-hundred day moving average price of $15.41. The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.14.

Xenia Hotels & Resorts (NYSE:XHR) last issued 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. The business had revenue of $295.41 million for the quarter, compared to analysts’ expectations of $291.33 million. Xenia Hotels & Resorts had a return on equity of 5.53% and a net margin of 6.20%.The business’s revenue for the quarter was up 2.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Tuesday, June 30th. Xenia Hotels & Resorts’s payout ratio is currently 80.00%.

Insider Buying and Selling at Xenia Hotels & Resorts

In other news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction that occurred on 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 transaction, the insider directly owned 250,805 shares in the company, valued at $4,263,685. The trade was a 32.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Xenia Hotels & Resorts

Several institutional investors have recently made changes to their positions in the company. Illinois Municipal Retirement Fund raised its position in shares of Xenia Hotels & Resorts by 1.5% during the 4th quarter. Illinois Municipal Retirement Fund now owns 51,703 shares of the real estate investment trust’s stock valued at $731,000 after buying an additional 761 shares during the period. Deutsche Bank AG raised its position in shares of Xenia Hotels & Resorts by 0.6% during the 4th quarter. Deutsche Bank AG now owns 131,208 shares of the real estate investment trust’s stock valued at $1,855,000 after buying an additional 803 shares during the period. Price T Rowe Associates Inc. MD raised its position in shares of Xenia Hotels & Resorts by 0.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 97,098 shares of the real estate investment trust’s stock valued at $1,373,000 after buying an additional 875 shares during the period. Mercer Global Advisors Inc. ADV raised its position in Xenia Hotels & Resorts by 3.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 31,639 shares of the real estate investment trust’s stock valued at $447,000 after purchasing an additional 1,004 shares during the period. Finally, CWM LLC raised its position in Xenia Hotels & Resorts by 5.1% in the fourth quarter. CWM LLC now owns 21,491 shares of the real estate investment trust’s stock valued at $304,000 after purchasing an additional 1,049 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.