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

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

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wells Fargo & Company upped 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, June 1st. KeyCorp lifted their price target on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research note on Thursday, June 11th. Weiss Ratings cut Xenia Hotels & Resorts from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 23rd. 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. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.25.

Xenia Hotels & Resorts Stock Performance

The company has a market cap of $1.91 billion, a PE ratio of 29.58 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. The stock’s 50 day simple moving average is $17.60 and its two-hundred day simple moving average is $15.92.

Xenia Hotels & Resorts (NYSE:XHR) last released its quarterly earnings data on Friday, May 1st. The real estate investment trust reported $0.21 EPS for the quarter, beating the consensus estimate 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 company had revenue of $295.41 million for the quarter, compared to analyst estimates of $291.33 million. During the same period last year, the company posted $0.51 earnings per share. The firm’s revenue 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, research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.81 earnings per share for the current 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 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 yield of 2.7%. Xenia Hotels & Resorts’s dividend payout ratio (DPR) is 80.00%.

Insider Activity

In other news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $17.00, for a total transaction of $2,040,000.00. Following the transaction, the insider directly owned 250,805 shares of the company’s stock, valued at approximately $4,263,685. The trade was a 32.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Xenia Hotels & Resorts

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in Xenia Hotels & Resorts by 65.7% in the 1st 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 last quarter. Quantinno Capital Management LP boosted its stake in Xenia Hotels & Resorts by 43.1% during the 1st quarter. Quantinno Capital Management LP now owns 71,268 shares of the real estate investment trust’s stock valued at $1,057,000 after acquiring an additional 21,450 shares during the last quarter. Lazard Asset Management LLC bought a new position in Xenia Hotels & Resorts during the 1st quarter valued at $1,656,000. Arrowstreet Capital Limited Partnership grew its holdings in Xenia Hotels & Resorts by 4.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,677,259 shares of the real estate investment trust’s stock worth $39,704,000 after acquiring an additional 121,052 shares in the last quarter. Finally, Caxton Associates LLP bought a new stake in shares of Xenia Hotels & Resorts in the 1st quarter worth about $227,000. 92.43% of the stock is owned by institutional investors and hedge funds.

About Xenia Hotels & Resorts

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.