Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as $21.74 and last traded at $21.72, with a volume of 15016 shares trading hands. The stock had previously closed at $21.49.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. KeyCorp upped their target price on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an "overweight" rating in a research report on Thursday, June 11th. Wells Fargo & Company boosted their price target on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday. Weiss Ratings upgraded shares of Xenia Hotels & Resorts from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, July 13th. Finally, BMO Capital Markets reaffirmed an "outperform" rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, Xenia Hotels & Resorts has a consensus rating of "Buy" and an average target price of $20.25.
Check Out Our Latest Stock Report on Xenia Hotels & Resorts
Xenia Hotels & Resorts Stock Performance
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 company has a market cap of $1.99 billion, a P/E ratio of 30.84 and a beta of 1.14. The company's 50-day moving average is $19.29 and its two-hundred day moving average is $16.76.
Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last released its earnings results on Friday, May 1st. The real estate investment trust reported $0.21 earnings per share 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 the consensus estimate of $291.33 million. Xenia Hotels & Resorts had a net margin of 6.20% and a return on equity of 5.53%. The company's revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 EPS. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.860-2.020 EPS. Equities 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 announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Tuesday, June 30th. Xenia Hotels & Resorts's dividend payout ratio (DPR) is currently 80.00%.
Insider Transactions at Xenia Hotels & Resorts
In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the business's stock in a transaction 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 $4,263,685. The trade was a 32.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 4.40% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Xenia Hotels & Resorts
Institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in shares of 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 valued at $366,000 after purchasing an additional 4,950 shares during the period. AQR Capital Management LLC lifted its stake 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 valued at $469,000 after buying an additional 17,097 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Xenia Hotels & Resorts by 4.5% in 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 buying an additional 2,633 shares during the period. Jane Street Group LLC boosted its holdings in Xenia Hotels & Resorts by 85.0% in 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 buying an additional 43,026 shares during the period. Finally, Creative Planning purchased a new position in Xenia Hotels & Resorts in the 2nd quarter valued at approximately $230,000. 92.43% of the stock is owned by hedge funds and other institutional investors.
About Xenia Hotels & Resorts
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Get Free Report)
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.
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