Xenia Hotels & Resorts Inc (NYSE:XHR) price on Friday, June 13, fall -2.68% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.98.
A look at the stock’s price movement, the close in the last trading session was $12.31. The PE ratio in trailing twelve months stood at 53.48. Turning to its 52-week performance, $16.50 and $8.55 were the 52-week high and 52-week low respectively. Overall, XHR moved -2.20% over the past month.
Xenia Hotels & Resorts Inc’s market cap currently stands at around $1.18 billion, with investors looking forward to this quarter’s earnings report slated for in July. The company has a Forward Dividend ratio of 0.50, with its dividend yield at 4.17%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 3 recommend XHR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
XHR’s current price about -0.77% and 6.71% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 50.67, while 7-day volatility ratio is 1.78% and 1.83% in the 30-day chart. Further, Xenia Hotels & Resorts Inc (XHR) has a beta value of 1.67, and an average true range (ATR) of 0.35. Analysts have given the company’s stock an average 52-week price target of $16.5, forecast between a low of $16 and high of $17. Looking at the price targets, the low is -33.56% off current price level while to achieve the yearly target high, price needs to move -41.9%. Nonetheless, investors will most likely welcome a -37.73% jump to $16.5 which is the analysts’ median price.
If we refocus on Xenia Hotels & Resorts Inc (NYSE:XHR), historical trading data shows that trading volumes averaged 957.05K over the past 3 months. The company’s latest data on shares outstanding shows there are 98.70 million shares.
The 0.74% of Xenia Hotels & Resorts Inc’s shares are in the hands of company insiders while institutional holders own 95.58% of the company’s shares. Current price change has pushed the stock -19.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the XHR stock continues to rise going into the next quarter.
