Xenia Hotels & Resorts (NYSE:XHR) Stock Crosses Below 50-Day Moving Average - What's Next?

Key Points

• XHR fell below its 50-day moving average, trading as low as $18.17 compared with the $18.42 average, and last changing hands near $18.27.
• Analyst sentiment remains moderately positive, with a consensus “Moderate Buy” rating and a $20.12 price target; however, BMO downgraded the stock to “Market Perform” and cut its target to $20.50.
• Xenia reported quarterly EPS of $0.61, exceeding estimates by $0.37, and declared a quarterly dividend of $0.14 per share, representing a 3.1% annualized yield.

Shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report) passed 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 Ratings Changes

A number of research analysts have issued reports on the company. BMO Capital Markets cut 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 research note on Tuesday, September 1st. Weiss Ratings cut shares of Xenia Hotels & Resorts from a "hold (c+)" rating to a "hold (c-)" rating in a report on Thursday, August 13th. Finally, Wells Fargo & Company increased their target price on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday, July 23rd. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $20.12.

Xenia Hotels & Resorts Price 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 stock has a 50 day moving average of $18.42 and a 200-day moving average of $18.25. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.17.

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 the consensus estimate of $0.24 by $0.37. The firm had revenue of $295.49 million during the quarter, compared to the consensus estimate of $302.39 million. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%. The firm's quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. Xenia Hotels & Resorts has set its FY 2026 guidance at 1.960-2.080 EPS. On average, equities research analysts anticipate that Xenia Hotels & Resorts, Inc. will post 1.89 earnings per share for the current fiscal year.

Xenia Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.1%. The ex-dividend date is Wednesday, September 30th. Xenia Hotels & Resorts's payout ratio is presently -800.00%.

Institutional Trading of Xenia Hotels & Resorts

Several institutional investors and hedge funds have recently bought and sold shares of XHR. Global Retirement Partners LLC acquired a new stake in shares of Xenia Hotels & Resorts during the 2nd quarter worth $26,000. Northwestern Mutual Wealth Management Co. acquired a new position in Xenia Hotels & Resorts during the second quarter valued at approximately $34,000. Fortitude Family Office LLC bought a new stake in Xenia Hotels & Resorts during the third quarter worth $32,000. Allworth Financial LP acquired a new stake in Xenia Hotels & Resorts in the second quarter valued at about $37,000. Finally, Nykredit A S bought a new position in Xenia Hotels & Resorts in the second quarter valued at about $39,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

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.

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