Xenia Hotels & Resorts (NYSE:XHR) Hits New 1-Year High – Still a Buy?

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

Analyst Ratings Changes

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

Xenia Hotels & Resorts Trading Up 1.0%

The firm’s 50 day simple moving average is $16.68 and its 200-day simple moving average is $15.48. The company has a market capitalization of $1.79 billion, a PE ratio of 27.75 and a beta of 1.17. 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 issued its earnings results on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $291.33 million. During the same quarter last year, the firm posted $0.51 EPS. The business’s revenue for the quarter 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. As a group, equities research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current 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 given a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.56 annualized dividend and a dividend yield of 2.9%. Xenia Hotels & Resorts’s dividend payout ratio is presently 80.00%.

Insider Activity

In other Xenia Hotels & Resorts 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 completion of the transaction, the insider owned 250,805 shares in the company, valued at $4,263,685. This represents a 32.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.40% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in XHR. Royal Bank of Canada increased its stake in Xenia Hotels & Resorts by 18.9% during the 1st quarter. Royal Bank of Canada now owns 31,100 shares of the real estate investment trust’s stock worth $366,000 after buying an additional 4,950 shares during the period. AQR Capital Management LLC boosted its position in Xenia Hotels & Resorts by 75.0% in the 1st quarter. AQR Capital Management LLC now owns 39,894 shares of the real estate investment trust’s stock valued at $469,000 after buying an additional 17,097 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Xenia Hotels & Resorts by 4.5% during 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 increased its position in shares of 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 acquiring an additional 43,026 shares during the last quarter. Finally, Creative Planning purchased a new stake in shares of Xenia Hotels & Resorts during the second quarter worth about $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.