Xenia Hotels & Resorts (NYSE:XHR) Reaches New 12-Month High – Time to Buy?

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

Analysts Set New Price Targets

Several analysts recently weighed in on XHR shares. 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 upped their price target on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a research report on Thursday, June 11th. Weiss Ratings downgraded shares of Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 23rd. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $21.00 target price on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $19.25.

Xenia Hotels & Resorts Trading Down 0.5%

The company has a current ratio of 2.05, a quick ratio of 2.05 and a debt-to-equity ratio of 1.14. The company’s 50-day moving average is $17.60 and its 200 day moving average is $15.92. The firm has a market cap of $1.91 billion, a PE ratio of 29.58 and a beta of 1.17.

Xenia Hotels & Resorts (NYSE:XHR) last posted its earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. The company had revenue of $295.41 million for the quarter, compared to analyst estimates 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 was up 2.2% compared to the same quarter last year. During the same period last year, the company earned $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. As a group, sell-side analysts predict that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors 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 2.7%. The ex-dividend date is Tuesday, June 30th. Xenia Hotels & Resorts’s payout ratio is currently 80.00%.

Insider Buying and Selling

In other news, insider Atish Shah sold 120,000 shares of the company’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 value of $2,040,000.00. Following the sale, the insider directly owned 250,805 shares in the company, valued at approximately $4,263,685. This represents a 32.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 4.40% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Institutional investors have recently modified their holdings of the stock. MAI Capital Management increased its position in Xenia Hotels & Resorts by 475.6% in the third quarter. MAI Capital Management now owns 2,026 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,674 shares during the period. Transamerica Financial Advisors LLC boosted its position in shares of Xenia Hotels & Resorts by 459.8% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,948 shares of the real estate investment trust’s stock worth $28,000 after purchasing an additional 1,600 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Xenia Hotels & Resorts during the fourth quarter worth $33,000. Harbor Capital Advisors Inc. increased its holdings in Xenia Hotels & Resorts by 152.3% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,017 shares of the real estate investment trust’s stock valued at $43,000 after purchasing an additional 1,821 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. bought a new position in Xenia Hotels & Resorts during the fourth quarter worth about $55,000. 92.43% of the stock is 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.