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

Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s stock 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.

Analysts Set New Price Targets

A number of research firms recently issued reports on XHR. Wells Fargo & Company increased their target price on shares of Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. BMO Capital Markets cut shares of Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $22.00 to $20.50 in a research report on Tuesday, September 1st. Finally, Weiss Ratings cut shares of Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $20.12.

Xenia Hotels & Resorts Stock Performance

The company has a debt-to-equity ratio of 1.17, a quick ratio of 2.47 and a current ratio of 2.47. The stock has a fifty day simple moving average of $18.40 and a two-hundred day simple moving average of $18.28. The stock has a market cap of $1.75 billion, a PE ratio of -270.90 and a beta of 1.18.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.37. The company had revenue of $295.49 million for the quarter, compared to analyst estimates of $302.39 million. Xenia Hotels & Resorts had a negative net margin of 0.66% and a negative return on equity of 0.61%. The business’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. Equities analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Wednesday, September 30th. Xenia Hotels & Resorts’s dividend payout ratio is -800.00%.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Fortitude Family Office LLC acquired a new stake in shares of Xenia Hotels & Resorts during the 3rd quarter valued at approximately $32,000. Farther Finance Advisors LLC lifted its stake in Xenia Hotels & Resorts by 141.8% during the third quarter. Farther Finance Advisors LLC now owns 3,595 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 2,108 shares during the last quarter. QRG Capital Management Inc. grew its holdings in shares of Xenia Hotels & Resorts by 10.2% during the second quarter. QRG Capital Management Inc. now owns 41,437 shares of the real estate investment trust’s stock valued at $844,000 after purchasing an additional 3,844 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter worth approximately $209,000. Finally, Engineers Gate Manager LP raised its position in shares of Xenia Hotels & Resorts by 13.3% during the 2nd quarter. Engineers Gate Manager LP now owns 137,624 shares of the real estate investment trust’s stock worth $2,802,000 after purchasing an additional 16,127 shares during the period. Institutional investors and hedge funds own 92.43% of the company’s stock.

Xenia Hotels & Resorts Company Profile

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.