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

Xenia Hotels & Resorts, Inc. (NYSE:XHR) reached a new 52-week high on Wednesday . The company traded as high as $19.75 and last traded at $19.7660, with a volume of 25614 shares trading hands. The stock had previously closed at $19.60.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on XHR shares. 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, June 11th. Wells Fargo & Company boosted their price target on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a report on Monday, June 1st. BMO Capital Markets restated an “outperform” rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a research report on Friday. Finally, Weiss Ratings raised shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, May 4th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Xenia Hotels & Resorts currently has an average rating of “Buy” and an average price target of $19.25.

Xenia Hotels & Resorts Price Performance

The firm has a market capitalization of $1.82 billion, a PE ratio of 28.24 and a beta of 1.17. The stock has a 50-day moving average price of $16.86 and a 200 day moving average price of $15.56. The company has a quick ratio of 2.05, a current ratio of 2.05 and a debt-to-equity ratio of 1.14.

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 (EPS) 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 firm had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. During the same quarter last year, the firm posted $0.51 EPS. The business’s revenue 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. Equities analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, June 30th. Xenia Hotels & Resorts’s payout ratio is 80.00%.

Insider Buying and Selling

In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the firm’s stock in a transaction 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 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 is accessible through the SEC website. Corporate 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 business. CWA Asset Management Group LLC acquired a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth approximately $1,175,000. JPMorgan Chase & Co. increased its holdings in shares of Xenia Hotels & Resorts by 3.6% in 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 during the last quarter. M&T Bank Corp purchased a new position in Xenia Hotels & Resorts during the fourth quarter worth approximately $4,196,000. APG Asset Management US Inc. purchased a new position in Xenia Hotels & Resorts during the third quarter worth approximately $5,275,000. Finally, LSV Asset Management boosted its stake in Xenia Hotels & Resorts by 99.4% during the fourth quarter. LSV Asset Management now owns 1,065,627 shares of the real estate investment trust’s stock worth $15,068,000 after buying an additional 531,127 shares during the last quarter. 92.43% of the stock is currently 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.