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

Xenia Hotels & Resorts, Inc. (NYSE:XHR) hit a new 52-week high on Friday . The company traded as high as $18.45 and last traded at $18.45, with a volume of 181542 shares. The stock had previously closed at $18.29.

Analysts Set New Price Targets

XHR has been the subject of a number of research analyst reports. Wells Fargo & Company boosted their target price on shares of Xenia Hotels & Resorts from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Monday. BMO Capital Markets reissued an “outperform” rating and set a $19.00 price target on shares of Xenia Hotels & Resorts in a research note on Monday, May 4th. 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. Three investment 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 a consensus price target of $18.00.

Xenia Hotels & Resorts Stock Performance

The stock has a market cap of $1.71 billion, a price-to-earnings ratio of 26.46 and a beta of 1.17. The stock’s fifty day moving average is $16.21 and its 200-day moving average is $15.27. 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 quarterly earnings data 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. The firm had revenue of $295.41 million during the quarter, compared to analysts’ expectations 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 for the quarter was up 2.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. On average, analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.81 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.14 dividend. 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 dividend payout ratio is 80.00%.

Insider Buying and Selling at Xenia Hotels & Resorts

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 shares were 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 4.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in shares of Xenia Hotels & Resorts by 65.7% in the first quarter. Bank of America Corp DE now owns 761,412 shares of the real estate investment trust’s stock valued at $11,292,000 after buying an additional 301,793 shares during the period. Quantinno Capital Management LP boosted its holdings in Xenia Hotels & Resorts by 43.1% during the first quarter. Quantinno Capital Management LP now owns 71,268 shares of the real estate investment trust’s stock worth $1,057,000 after purchasing an additional 21,450 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Xenia Hotels & Resorts during the first quarter worth $1,656,000. Arrowstreet Capital Limited Partnership boosted its holdings in Xenia Hotels & Resorts by 4.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,677,259 shares of the real estate investment trust’s stock worth $39,704,000 after purchasing an additional 121,052 shares during the last quarter. Finally, Caxton Associates LLP acquired a new position in Xenia Hotels & Resorts during the first quarter worth $227,000. Institutional investors and hedge funds own 92.43% of the company’s stock.

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.