Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) have been given a consensus rating of “Moderate Buy” by the sixteen analysts that are presently covering the stock, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $24.70.
Several research firms have recently commented on HST. Morgan Stanley boosted their price target on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a report on Monday, October 12th. Cantor Fitzgerald lifted their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Barclays boosted their price objective on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 13th. Weiss Ratings upgraded Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 14th. Finally, Truist Financial upped their target price on Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a “buy” rating in a report on Thursday, September 10th.
Read Our Latest Research Report on Host Hotels & Resorts
Host Hotels & Resorts Stock Down 0.6%
Shares of HST stock traded down $0.15 during mid-day trading on Friday, hitting $24.72. The stock had a trading volume of 7,824,496 shares, compared to its average volume of 8,305,246. Host Hotels & Resorts has a 12-month low of $15.61 and a 12-month high of $25.71. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. The firm’s 50-day moving average is $22.71 and its two-hundred day moving average is $22.89. The firm has a market capitalization of $16.94 billion, a P/E ratio of 16.48, a price-to-earnings-growth ratio of 2.79 and a beta of 1.09.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the firm posted $0.58 earnings per share. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, analysts predict that Host Hotels & Resorts will post 2.19 earnings per share for the current fiscal year.
Host Hotels & Resorts Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Wednesday, September 30th. Host Hotels & Resorts’s payout ratio is presently 53.33%.
Insider Buying and Selling at Host Hotels & Resorts
In related news, EVP Nathan Tyrrell sold 63,882 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president directly owned 618,207 shares in the company, valued at $14,299,127.91. This represents a 9.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.50% of the stock is owned by company insiders.
Hedge Funds Weigh In On Host Hotels & Resorts
Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Host Hotels & Resorts during the second quarter worth about $2,096,191,000. Deutsche Bank AG acquired a new stake in Host Hotels & Resorts during the 2nd quarter valued at approximately $296,560,000. Bank of America Corp DE purchased a new stake in shares of Host Hotels & Resorts in the 2nd quarter valued at $295,807,000. SG Americas Securities LLC boosted its holdings in shares of Host Hotels & Resorts by 251.9% in the 1st quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock valued at $263,555,000 after acquiring an additional 9,846,104 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Host Hotels & Resorts by 1.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 10,492,832 shares of the company’s stock valued at $201,042,000 after acquiring an additional 118,043 shares during the last quarter. 98.52% of the stock is currently owned by institutional investors.
About Host Hotels & Resorts
Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.
Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.
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