Host Hotels & Resorts, Inc. Plans Quarterly Dividend of $0.20 (NASDAQ:HST)

Host Hotels & Resorts, Inc. (NASDAQ:HST) announced a quarterly dividend on Tuesday, September 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of 0.20 per share on Thursday, October 15th. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Wednesday, September 30th.

Host Hotels & Resorts has increased its dividend payment by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 2 years. Host Hotels & Resorts has a dividend payout ratio of 98.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Analysts expect Host Hotels & Resorts to earn $2.19 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 36.5%.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ:HST opened at $22.13 on Wednesday. Host Hotels & Resorts has a twelve month low of $15.61 and a twelve month high of $25.71. The firm has a market cap of $15.16 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 2.52 and a beta of 1.07. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. The business has a fifty day moving average of $23.26 and a 200-day moving average of $22.18.

Host Hotels & Resorts (NASDAQ:HST) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.01. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The business had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the prior year, the company earned $0.58 EPS. The firm’s quarterly revenue 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, equities research analysts predict that Host Hotels & Resorts will post 2.18 EPS for the current fiscal year.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates lodging real estate. The company focuses on hotels in the luxury and upper-upscale segments, with properties generally located in high-demand urban, resort and convention markets.

Host Hotels & Resorts’ portfolio includes hotels operated under well-known hospitality brands, including Marriott, Hyatt and Hilton, among others. The company typically owns the real estate while hotel operations are conducted by third-party or affiliated management companies.