Host Hotels & Resorts, Inc. (NASDAQ:HST) Given Consensus Rating of "Hold" by Analysts

Key Points

• Host Hotels & Resorts, Inc. has received an average consensus rating of "Hold" from analysts, with seven rating the stock as hold and six as buy.
• The company reported $0.58 earnings per share for the last quarter, exceeding analyst expectations and demonstrating an 8.2% year-over-year revenue increase.
• Host Hotels & Resorts recently announced a quarterly dividend of $0.20, with a resulting annualized yield of 4.8%.

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST - Get Free Report) have received an average recommendation of "Hold" from the thirteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $17.8750.

A number of equities research analysts have recently commented on HST shares. Wells Fargo & Company boosted their price target on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the stock an "overweight" rating in a report on Wednesday, August 27th. Stifel Nicolaus lifted their price objective on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the stock a "buy" rating in a research report on Thursday, July 31st. UBS Group boosted their target price on shares of Host Hotels & Resorts from $17.00 to $18.00 and gave the company a "neutral" rating in a research note on Monday, September 22nd. Truist Financial increased their target price on shares of Host Hotels & Resorts from $17.00 to $19.00 and gave the company a "hold" rating in a research report on Wednesday, September 3rd. Finally, Cantor Fitzgerald began coverage on shares of Host Hotels & Resorts in a report on Wednesday, October 1st. They issued a "neutral" rating and a $19.00 price target on the stock.

Host Hotels & Resorts Stock Performance

HST stock opened at $16.62 on Tuesday. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 0.76. The firm has a market cap of $11.43 billion, a PE ratio of 17.68 and a beta of 1.36. The business has a 50 day moving average of $16.75 and a 200-day moving average of $15.67. Host Hotels & Resorts has a 12-month low of $12.22 and a 12-month high of $19.36.

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

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $0.20 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.8%. Host Hotels & Resorts's payout ratio is presently 85.11%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Tokio Marine Asset Management Co. Ltd. increased its holdings in Host Hotels & Resorts by 2.6% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 24,842 shares of the company's stock worth $353,000 after acquiring an additional 638 shares during the last quarter. TD Private Client Wealth LLC boosted its position 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. Resonant Capital Advisors LLC increased its stake in shares of Host Hotels & Resorts by 5.2% in the first quarter. Resonant Capital Advisors LLC now owns 15,255 shares of the company's stock worth $220,000 after purchasing an additional 760 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Host Hotels & Resorts by 3.7% in the first quarter. Advisors Asset Management Inc. now owns 21,349 shares of the company's stock worth $303,000 after purchasing an additional 765 shares in the last quarter. Finally, Impact Investors Inc raised its position in shares of Host Hotels & Resorts by 1.3% in the first quarter. Impact Investors Inc now owns 59,112 shares of the company's stock valued at $840,000 after purchasing an additional 773 shares during the period. Institutional investors 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.

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