Xenia Hotels & Resorts (NYSE:XHR) Stock Price Breaks Below 50-Day Moving Average – Here’s What Happened

Xenia Hotels & Resorts, Inc. (NYSE:XHR – Get Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $18.42 and traded as low as $18.17. Xenia Hotels & Resorts shares last traded at $18.2720, with a volume of 1,063,885 shares changing hands.

Analyst Upgrades and Downgrades

XHR has been the topic of a number of recent analyst reports. BMO Capital Markets downgraded shares of Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $22.00 to $20.50 in a research report on Tuesday, September 1st. 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. Finally, Weiss Ratings cut Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.12.

Read Our Latest Stock Analysis on XHR

Xenia Hotels & Resorts Stock Performance

The stock has a market capitalization of $1.69 billion, a P/E ratio of -260.99 and a beta of 1.18. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.47 and a quick ratio of 2.47. The company has a 50 day simple moving average of $18.42 and a 200-day simple moving average of $18.25.

Xenia Hotels & Resorts (NYSE:XHR – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.37. Xenia Hotels & Resorts had a negative net margin of 0.66% and a negative return on equity of 0.61%. The business had revenue of $295.49 million during the quarter, compared to analyst estimates of $302.39 million. During the same period in the previous year, the business earned $0.57 EPS. Xenia Hotels & Resorts’s revenue was up 2.7% compared to the same quarter last year. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. On average, equities analysts forecast that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Wednesday, September 30th. Xenia Hotels & Resorts’s dividend payout ratio is currently -800.00%.

Institutional Trading of Xenia Hotels & Resorts

A number of hedge funds have recently made changes to their positions in the stock. Global Retirement Partners LLC bought a new stake in Xenia Hotels & Resorts during the second quarter worth about $26,000. Fortitude Family Office LLC purchased a new position in Xenia Hotels & Resorts in the 3rd quarter worth $32,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Xenia Hotels & Resorts during the second quarter valued at about $34,000. Allworth Financial LP bought a new position in shares of Xenia Hotels & Resorts during the second quarter valued at about $37,000. Finally, Nykredit A S purchased a new position in shares of Xenia Hotels & Resorts in the second quarter worth about $39,000. 92.43% of the stock is owned by institutional investors.

About Xenia Hotels & Resorts

(Get Free Report)

Xenia Hotels & Resorts, Inc (NYSE:XHR) is a self-advised real estate investment trust that owns and invests in luxury and upper-upscale hotels. Its properties are generally located in major lodging markets and high-demand leisure destinations across the United States.

The company’s portfolio includes hotels operated under nationally recognized brands such as Marriott, Hyatt, Hilton and Fairmont, as well as independent and boutique properties. Xenia typically owns the real estate while third-party or affiliated hotel operators manage day-to-day operations, providing lodging, dining, meeting and other hospitality services to guests.

Based in Orlando, Florida, Xenia became a publicly traded company in 2015 after being separated from Inland American Real Estate Trust, which was later renamed InvenTrust Properties.

Further Reading

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