Xenia Hotels & Resorts (NYSE:XHR) Stock Price Crosses Below Fifty Day Moving Average - Should You Sell?

Key Points

• XHR fell below its 50-day moving average, trading as low as $18.00 versus the average of $18.73, though its 200-day average was $18.11.
• Analyst sentiment remains generally positive, with an average “Moderate Buy” rating and a $20.12 price target; however, BMO Capital Markets and Weiss Ratings recently downgraded the stock.
• Xenia reported quarterly EPS of $0.61, beating estimates of $0.24, and declared a quarterly dividend of $0.14, representing a 3.1% annualized yield.

Xenia Hotels & Resorts, Inc. (NYSE:XHR - Get Free Report)'s share price passed 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 trading hands.

Analysts Set New Price Targets

Several research analysts have issued reports on XHR shares. Wells Fargo & Company increased their price objective on Xenia Hotels & Resorts from $18.00 to $22.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. KeyCorp increased their price target on shares of 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 shares of Xenia Hotels & Resorts from an "outperform" rating to a "market perform" rating and lowered their target price for the stock from $22.00 to $20.50 in a research report on Tuesday, September 1st. Finally, Weiss Ratings cut Xenia Hotels & Resorts from a "hold (c+)" rating to a "hold (c-)" rating in a report on Thursday, August 13th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Xenia Hotels & Resorts presently has an average rating of "Moderate Buy" and an average target price of $20.12.

Xenia Hotels & Resorts Stock Performance

The company has a market cap of $1.66 billion, a price-to-earnings ratio of -257.71 and a beta of 1.18. The company has a current ratio of 2.47, a quick ratio of 2.47 and a debt-to-equity ratio of 1.17. The stock's 50 day moving average price is $18.73 and its 200 day moving average price is $18.11.

Xenia Hotels & Resorts (NYSE:XHR - Get Free Report) last posted its quarterly earnings results 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. Xenia Hotels & Resorts had a negative return on equity of 0.61% and a negative net margin of 0.66%.The firm had revenue of $295.49 million during the quarter, compared to the consensus estimate of $302.39 million. During the same quarter in the previous year, the business earned $0.57 earnings per share. The firm's quarterly 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, analysts expect that Xenia Hotels & Resorts, Inc. will post 1.89 EPS for the current fiscal year.

Xenia Hotels & Resorts Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.56 annualized dividend and a dividend yield of 3.1%. Xenia Hotels & Resorts's payout ratio is presently -800.00%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. QRG Capital Management Inc. boosted 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 acquiring an additional 3,844 shares during the period. Sequoia Financial Advisors LLC bought a new stake in Xenia Hotels & Resorts in the 2nd quarter valued at about $209,000. Engineers Gate Manager LP lifted its position in Xenia Hotels & Resorts by 13.3% in the 2nd quarter. Engineers Gate Manager LP now owns 137,624 shares of the real estate investment trust's stock valued at $2,802,000 after purchasing an additional 16,127 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Xenia Hotels & Resorts during the 2nd quarter valued at about $106,000. Finally, Squarepoint Ops LLC acquired a new position in Xenia Hotels & Resorts during the 2nd quarter valued at about $585,000. 92.43% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.