Analysts Set Host Hotels & Resorts, Inc. (NASDAQ:HST) Price Target at $17.50

Key Points

• Host Hotels & Resorts, Inc. (NASDAQ:HST) received an average rating of "Moderate Buy" from analysts, with five holding ratings and six buy ratings, and a 12-month target price of $17.50.
• The company reported $0.58 earnings per share for the last quarter, exceeding analyst expectations of $0.51, with revenues of $1.59 billion, an 8.2% year-over-year increase.
• Host Hotels & Resorts announced a quarterly dividend of $0.20 per share, representing a 5.1% dividend yield with a payout ratio of 85.11%.

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $17.50.

HST has been the topic of a number of analyst reports. Morgan Stanley reissued an "outperform" rating on shares of Host Hotels & Resorts in a report on Tuesday, July 15th. Evercore ISI increased their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, July 28th. JPMorgan Chase & Co. started coverage on Host Hotels & Resorts in a report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price objective on the stock. Stifel Nicolaus boosted their price objective on Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a research report on Thursday, July 31st. Finally, Wells Fargo & Company boosted their price objective on Host Hotels & Resorts from $16.00 to $18.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 1st.

Host Hotels & Resorts Stock Up 4.7%

Shares of NASDAQ HST traded up $0.76 during mid-day trading on Monday, reaching $16.91. 9,060,799 shares of the company traded hands, compared to its average volume of 11,222,170. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.20 and a current ratio of 2.20. The stock has a market cap of $11.63 billion, a PE ratio of 17.99 and a beta of 1.34. The company's fifty day moving average is $15.97 and its two-hundred day moving average is $15.38. Host Hotels & Resorts has a fifty-two week low of $12.22 and a fifty-two week high of $19.36.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.07. The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.51 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.The firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 1.980-2.020 EPS. On average, analysts expect that Host Hotels & Resorts will post 1.88 earnings per share for the current year.

Host Hotels & Resorts Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Monday, June 30th were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, June 30th. Host Hotels & Resorts's payout ratio is currently 85.11%.

Hedge Funds Weigh In On Host Hotels & Resorts

Large investors have recently made changes to their positions in the business. Freedom Investment Management Inc. grew its position in Host Hotels & Resorts by 2.9% during the fourth quarter. Freedom Investment Management Inc. now owns 22,216 shares of the company's stock worth $389,000 after buying an additional 622 shares in the last quarter. Tokio Marine Asset Management Co. Ltd. grew its position in Host Hotels & Resorts by 2.6% during the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 24,842 shares of the company's stock worth $353,000 after buying an additional 638 shares in the last quarter. Evergreen Wealth Solutions LLC raised its position in Host Hotels & Resorts by 5.3% in the fourth quarter. Evergreen Wealth Solutions LLC now owns 12,932 shares of the company's stock worth $227,000 after purchasing an additional 651 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in Host Hotels & Resorts by 50.0% during the second quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company's stock worth $32,000 after purchasing an additional 691 shares during the period. Finally, Ascent Group LLC lifted its stake in Host Hotels & Resorts by 4.4% during the fourth quarter. Ascent Group LLC now owns 16,549 shares of the company's stock worth $290,000 after purchasing an additional 703 shares during the period. Institutional investors and hedge funds own 98.52% of the company's stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.