Xenia Hotels & Resorts (NYSE:XHR) Releases Earnings Results, Beats Estimates By $0.37 EPS

Xenia Hotels & Resorts (NYSE:XHR) announced its earnings results on Thursday. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.37, Zacks reports. Xenia Hotels & Resorts had a return on equity of 5.53% and a net margin of 6.20%.The company had revenue of $295.49 million for the quarter, compared to analysts’ expectations of $302.39 million. During the same quarter in the previous year, the firm earned $0.57 earnings per share. Xenia Hotels & Resorts’s quarterly revenue was up 2.7% on a year-over-year basis. Xenia Hotels & Resorts updated its FY 2026 guidance to 1.960-2.080 EPS.

Here are the key takeaways from Xenia Hotels & Resorts’ conference call:

• Second-quarter performance exceeded expectations: same-property RevPAR increased 5.6% to $206.54, driven by a 5.7% increase in ADR, while Adjusted EBITDAre reached $78.1 million and Adjusted FFO per share rose 7% to $0.61.
• Management raised full-year 2026 guidance, increasing the midpoint for Adjusted EBITDAre by $7 million to $273 million, RevPAR growth to 5.5%, total RevPAR growth to 5.75%, and Adjusted FFO per share to $2.02. July RevPAR is estimated to be up approximately 10% year over year.
• Second-half demand indicators are strong: group room revenue pace was up 12% year over year at the end of June, with more than three-quarters of expected second-half group business already booked, while August and September transient pace was up in the high-single-digit range.
• Same-property Hotel EBITDA margin declined 65 basis points to 28.7% as operating expenses grew faster than revenue. Headwinds included the absence of last year’s $1.5 million real-estate-tax refund, higher energy and credit-card costs, weaker banquet revenue, and start-up expenses at W Nashville’s repositioned food-and-beverage outlets.
• Xenia sold the underperforming 85-room Kimpton RiverPlace Hotel for $11 million and said the transaction market is becoming more active, but management expects near-term activity to remain focused primarily on individual properties and smaller portfolios rather than major corporate M&A.

Xenia Hotels & Resorts Stock Performance

XHR traded down $1.67 during trading on Thursday, hitting $20.15. 1,441,953 shares of the company traded hands, compared to its average volume of 770,274. Xenia Hotels & Resorts has a one year low of $11.75 and a one year high of $22.06. The stock’s fifty day moving average is $19.60 and its 200 day moving average is $16.91. 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 firm has a market cap of $1.86 billion, a P/E ratio of 28.78 and a beta of 1.14.

Xenia Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors 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 2.8%. Xenia Hotels & Resorts’s dividend payout ratio is presently 80.00%.

Insiders Place Their Bets

In other Xenia Hotels & Resorts news, insider Atish Shah sold 120,000 shares of the business’s stock in a transaction dated 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 transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Xenia Hotels & Resorts

Several institutional investors have recently bought and sold shares of XHR. Verition Fund Management LLC grew its holdings in Xenia Hotels & Resorts by 19.0% during the fourth quarter. Verition Fund Management LLC now owns 17,169 shares of the real estate investment trust’s stock valued at $243,000 after purchasing an additional 2,746 shares during the period. Creative Planning purchased a new position in shares of Xenia Hotels & Resorts during the 2nd quarter valued at $230,000. ExodusPoint Capital Management LP bought a new position in shares of Xenia Hotels & Resorts during the 4th quarter worth $228,000. Tower Research Capital LLC TRC increased its holdings in Xenia Hotels & Resorts by 512.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 16,106 shares of the real estate investment trust’s stock worth $202,000 after acquiring an additional 13,476 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in Xenia Hotels & Resorts in the 4th quarter valued at about $191,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Weiss Ratings upgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, July 13th. Wells Fargo & Company raised 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 report on Thursday, July 23rd. BMO Capital Markets reiterated an “outperform” rating and issued a $21.00 price objective on shares of Xenia Hotels & Resorts in a research note on Friday, June 12th. Finally, KeyCorp lifted their target price on shares of Xenia Hotels & Resorts from $16.00 to $21.00 and gave the stock an “overweight” rating in a research report on Thursday, June 11th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Xenia Hotels & Resorts currently has an average rating of “Buy” and an average target price of $20.25.

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.