Xenia Hotels & Resorts (NYSE:XHR) Sets New 52-Week High – Time to Buy?

Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $20.83 and last traded at $20.8140, with a volume of 51588 shares trading hands. The stock had previously closed at $20.28.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Weiss Ratings upgraded shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. KeyCorp boosted 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. Wells Fargo & Company upped their price objective on Xenia Hotels & Resorts from $16.00 to $18.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $21.00 price objective on shares of Xenia Hotels & Resorts in a research report on Friday, June 12th. Four analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $19.25.

Xenia Hotels & Resorts Price Performance

The company has a market cap of $1.91 billion, a price-to-earnings ratio of 29.61 and a beta of 1.14. The company’s 50 day moving average price is $18.72 and its 200 day moving average price is $16.47. 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 quarterly earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. The business had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The business’s revenue was up 2.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. Equities research analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.14 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.56 annualized dividend and a yield of 2.7%. Xenia Hotels & Resorts’s payout ratio is presently 80.00%.

Insider Activity

In other news, insider Atish Shah sold 120,000 shares of the firm’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 completion of the sale, the insider directly owned 250,805 shares of the company’s stock, valued at $4,263,685. This trade represents a 32.36% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.40% of the company’s stock.

Institutional Trading of Xenia Hotels & Resorts

A number of institutional investors have recently modified their holdings of the business. Royal Bank of Canada raised its position in Xenia Hotels & Resorts by 18.9% in the first quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock worth $366,000 after acquiring an additional 4,950 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Xenia Hotels & Resorts by 75.0% during the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock worth $469,000 after purchasing an additional 17,097 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Xenia Hotels & Resorts by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,617 shares of the real estate investment trust’s stock worth $713,000 after purchasing an additional 2,633 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Xenia Hotels & Resorts by 85.0% during the 1st 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 during the period. Finally, Creative Planning acquired a new position in shares of Xenia Hotels & Resorts during the 2nd quarter worth $230,000. 92.43% of the stock is currently owned by hedge funds and other 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.