Xenia Hotels & Resorts, Inc. (NYSE:XHR) has a beta value of 1.27 and has seen 743,725 shares traded in the last trading session. The company, currently valued at $1.5 Billion, closed the last trade at $13.2 per share which meant it lost -$0.38 on the day or -2.8% during that session. The XHR stock price is -66.97% off its 52-week high price of $22.04 and 53.48% above the 52-week low of $6.14. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.16 Million shares traded. The 3-month trading volume is 777.39 Million shares.
The consensus among analysts is that Xenia Hotels & Resorts, Inc. (XHR) is an Overweight stock at the moment, with a recommendation rating of 2.6. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 6 out of 9 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.6.
Xenia Hotels & Resorts, Inc. (NYSE:XHR) trade information
Despite being -2.8% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Nov 20 when the XHR stock price touched $13.69- or saw a rise of 3.58%. Year-to-date, Xenia Hotels & Resorts, Inc. shares have moved -38.92%, while the 5-day performance has seen it change 12.53%. Over the past 30 days, the shares of Xenia Hotels & Resorts, Inc. (NYSE:XHR) have changed 49.49%. Short interest in the company has seen 2.29 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $10.94, which means that the shares’ value could jump -17.12% from current levels. The projected low price target is $8 while the price target rests at a high of $13. In that case, then, we find that the current price level is -1.52% off the targeted high while a plunge would see the stock lose -39.39% from current levels.
Xenia Hotels & Resorts, Inc. (XHR) estimates and forecasts
Figures show that Xenia Hotels & Resorts, Inc. shares have underperformed across the wider relevant industry. The company’s shares have gained +46.83% over the past 6 months, with this year growth rate of -136.53%, compared to -3% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -528.6% and -25% for the next quarter. Revenue growth from the last financial year stood is estimated to be -67.5%.
6 analysts offering their estimates for the company have set an average revenue estimate of $75.19 Million for the current quarter. 6 have an estimated revenue figure of $100.63 Million for the next quarter concluding in March 01, 2021. Year-ago sales stood $282.19 Million and $215.35 Million respectively for this quarter and the next, and analysts expect sales will grow by -73.4% for the current quarter and -53.3% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +9.7% over the past 5 years. Earnings growth for 2020 is a modest -72.2%.
Xenia Hotels & Resorts, Inc. (NYSE:XHR)’s Major holders
Insiders own 1.02% of the company shares, while shares held by institutions stand at 83.14% with a share float percentage of 84%. Investors are also buoyed by the number of investors in a company, with Xenia Hotels & Resorts, Inc. having a total of 303 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 19.66 Million shares worth more than $172.65 Million. As of September 29, 2020, Blackrock Inc. held 17.29% of shares outstanding.
The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 17.79 Million shares as of September 29, 2020. The firm’s total holdings are worth over $156.18 Million and represent 15.64% of shares outstanding.