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

Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s stock price crossed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $18.73 and traded as low as $18.00. Xenia Hotels & Resorts shares last traded at $18.0420, with a volume of 736,628 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. KeyCorp raised their target price on Xenia Hotels & Resorts from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Thursday, June 11th. BMO Capital Markets lowered Xenia Hotels & Resorts from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $22.00 to $20.50 in a report on Tuesday, September 1st. Weiss Ratings downgraded Xenia Hotels & Resorts from a “hold (c+)” rating to a “hold (c-)” rating in a research note on Thursday, August 13th. Finally, Wells Fargo & Company boosted their target price on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Xenia Hotels & Resorts has an average rating of “Moderate Buy” and an average target price of $20.12.

Xenia Hotels & Resorts Price Performance

The company has a market capitalization of $1.66 billion, a P/E ratio of -257.58 and a beta of 1.18. The stock’s fifty day simple moving average is $18.60 and its 200-day simple moving average is $18.16. The company has a debt-to-equity ratio of 1.17, a current ratio of 2.47 and a quick ratio of 2.47.

Xenia Hotels & Resorts (NYSE:XHR) last posted its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.37. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The business had revenue of $295.49 million for the quarter, compared to analyst estimates of $302.39 million. During the same period in the previous year, the company posted $0.57 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. 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 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

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

Hedge Funds Weigh In On Xenia Hotels & Resorts

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Xenia Hotels & Resorts in the 2nd quarter worth $348,760,000. Arrowstreet Capital Limited Partnership raised its position in shares of Xenia Hotels & Resorts by 4.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,677,259 shares of the real estate investment trust’s stock valued at $39,704,000 after buying an additional 121,052 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Xenia Hotels & Resorts by 40.2% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,360,082 shares of the real estate investment trust’s stock valued at $19,898,000 after buying an additional 390,145 shares during the period. Dimensional Fund Advisors LP grew its position in Xenia Hotels & Resorts by 0.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,340,418 shares of the real estate investment trust’s stock worth $19,878,000 after buying an additional 8,858 shares in the last quarter. Finally, Algert Global LLC acquired a new stake in Xenia Hotels & Resorts during the second quarter worth about $19,560,000. Institutional investors own 92.43% of the company’s stock.

About Xenia Hotels & Resorts

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.