Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Has Consensus Target Price of $25.55 According to Analysts

Key Points

• Analyst sentiment is moderately positive: 14 analysts give Host Hotels & Resorts a consensus “Moderate Buy” rating, with an average 12-month price target of $25.55.
• The company reported quarterly EPS of $0.10, topping the $0.09 consensus, while revenue of $1.35 billion came in slightly below estimates; revenue rose 1.2% year over year.
• Host paid a quarterly dividend of $0.20 per share, equivalent to $0.80 annually and a 3.1% yield. Insiders also sold a combined 224,174 shares over the prior 90 days.

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) have been given a consensus rating of "Moderate Buy" by the fourteen ratings firms that are presently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $25.55.

A number of equities research analysts have recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a "neutral" rating in a research note on Tuesday, July 21st. Evercore set a $26.00 target price on shares of Host Hotels & Resorts in a research note on Monday, October 26th. Barclays increased their price target on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 13th. Truist Financial increased their price target on shares of Host Hotels & Resorts from $24.00 to $27.00 and gave the stock a "buy" rating in a report on Thursday, September 10th. Finally, Wells Fargo & Company raised their price target on shares of Host Hotels & Resorts from $26.00 to $27.00 and gave the company an "overweight" rating in a research report on Monday, October 26th.

Host Hotels & Resorts Stock Up 2.6%

Shares of HST stock opened at $25.93 on Wednesday. The stock has a 50 day moving average of $23.35 and a 200 day moving average of $22.15. The company has a current ratio of 5.79, a quick ratio of 2.96 and a debt-to-equity ratio of 0.80. The stock has a market cap of $17.77 billion, a P/E ratio of 18.93, a P/E/G ratio of 3.43 and a beta of 1.09. Host Hotels & Resorts has a twelve month low of $16.77 and a twelve month high of $26.19.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. Host Hotels & Resorts had a return on equity of 14.33% and a net margin of 15.01%. The company had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the company posted $0.35 earnings per share. Host Hotels & Resorts's revenue for the quarter was up 1.2% on a year-over-year basis. As a group, sell-side analysts expect that Host Hotels & Resorts will post 2.23 EPS for the current year.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.20 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.1%. Host Hotels & Resorts's dividend payout ratio is 58.39%.

Key Stories Impacting Host Hotels & Resorts

Here are the key news stories impacting Host Hotels & Resorts this week:

• Positive Sentiment: Zacks describes HST as a strong momentum stock, which may attract investors focused on recent price trends. Read the Zacks article
• Neutral Sentiment: Cantor Fitzgerald raised its price target from $24 to $27 but kept a neutral rating, signaling improved valuation expectations without an outright bullish recommendation.
• Neutral Sentiment: A report listed short interest at zero shares, indicating no reported short position to suggest meaningful short-covering demand; the figure may be subject to reporting limitations.
• Negative Sentiment: Several insiders reported selling shares. Director Mary Baglivo sold nearly all of her direct holdings, while EVP Sourav Ghosh and EVP Nathan Tyrrell also reduced their positions. Such sales can weigh on sentiment, although both executives retained substantial shareholdings. Read the insider-sale report

Insider Transactions at Host Hotels & Resorts

In other news, EVP Sourav Ghosh sold 93,863 shares of the firm's stock in a transaction dated Friday, November 6th. The stock was sold at an average price of $24.76, for a total transaction of $2,324,047.88. Following the sale, the executive vice president directly owned 418,147 shares in the company, valued at $10,353,319.72. This trade represents a 18.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mary Baglivo sold 2,466 shares of the firm's stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $25.35, for a total value of $62,513.10. Following the sale, the director owned 2 shares in the company, valued at $50.70. This trade represents a 99.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 224,174 shares of company stock valued at $5,472,826 in the last ninety days. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Host Hotels & Resorts

Several institutional investors have recently bought and sold shares of the business. Tidal Investments LLC increased its holdings in Host Hotels & Resorts by 186.7% in the 2nd quarter. Tidal Investments LLC now owns 93,491 shares of the company's stock worth $2,217,000 after acquiring an additional 60,880 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Host Hotels & Resorts by 17.7% during the second quarter. Hsbc Holdings PLC now owns 3,648,835 shares of the company's stock valued at $86,681,000 after purchasing an additional 549,645 shares in the last quarter. Resolution Capital Ltd lifted its holdings in Host Hotels & Resorts by 5.9% during the first quarter. Resolution Capital Ltd now owns 2,097,777 shares of the company's stock valued at $40,193,000 after purchasing an additional 116,440 shares in the last quarter. SummitTX Capital L.P. purchased a new position in Host Hotels & Resorts during the first quarter valued at $7,237,000. Finally, Man Group plc acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $36,999,000. 98.52% of the stock is owned by institutional investors and hedge funds.

Host Hotels & Resorts Company Profile

Host Hotels & Resorts is a real estate investment trust that owns a portfolio of luxury and upper-upscale hotels and resorts. Its properties serve business and leisure travelers and are located primarily in the United States, with additional properties in international markets. The company's hotels are operated under a range of well-known brands, including Marriott, Hilton, Hyatt and Four Seasons. Host generally relies on brand companies and other third-party operators to manage its properties, while focusing on hotel ownership and real estate investment.

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.