Host Hotels & Resorts (NASDAQ:HST) Updates FY 2025 Earnings Guidance

Key Points

• Host Hotels & Resorts provided FY 2025 earnings guidance of EPS 1.980-2.020 and revenue of $6.1 billion, surpassing consensus estimates of $1.896 and $5.9 billion, respectively.
• The stock was trading down 0.9% on the announcement, reaching $16.13, with a market cap of $11.19 billion.
• Analysts have mixed views on the company, with prices ranging from $14.00 to $20.00, resulting in a consensus rating of "Hold" and a target price of $18.12.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.980-2.020 for the period, compared to the consensus estimate of 1.896. The company issued revenue guidance of $6.1 billion-$6.1 billion, compared to the consensus revenue estimate of $5.9 billion.

Host Hotels & Resorts Stock Down 1.0%

Shares of NASDAQ HST traded down $0.17 during midday trading on Friday, hitting $15.56. 8,779,667 shares of the stock traded hands, compared to its average volume of 9,767,535. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.08 and a current ratio of 2.08. Host Hotels & Resorts has a one year low of $12.22 and a one year high of $19.36. The business has a 50 day moving average price of $15.87 and a two-hundred day moving average price of $15.52. The company has a market cap of $10.79 billion, a PE ratio of 16.54 and a beta of 1.31.

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.51 by $0.07. Host Hotels & Resorts had a net margin of 11.12% and a return on equity of 9.89%. The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter in the previous year, the business posted $0.57 EPS. Host Hotels & Resorts's quarterly revenue was up 8.2% on a year-over-year basis. On average, equities analysts predict that Host Hotels & Resorts will post 1.88 EPS for the current year.

Host Hotels & Resorts Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th were paid a dividend of $0.20 per share. The ex-dividend date was Monday, June 30th. This represents a $0.80 dividend on an annualized basis and a yield of 5.1%. Host Hotels & Resorts's payout ratio is 85.11%.

Analyst Upgrades and Downgrades

HST has been the subject of several analyst reports. Evercore ISI increased their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an "outperform" rating in a research note on Monday. Jefferies Financial Group downgraded Host Hotels & Resorts from a "buy" rating to a "hold" rating and decreased their price target for the stock from $20.00 to $14.00 in a report on Wednesday, April 9th. Morgan Stanley restated an "outperform" rating on shares of Host Hotels & Resorts in a research note on Tuesday, July 15th. JPMorgan Chase & Co. started coverage on shares of Host Hotels & Resorts in a report on Monday, June 23rd. They set a "neutral" rating and a $16.00 price objective on the stock. Finally, Stifel Nicolaus increased their target price on shares of Host Hotels & Resorts from $17.00 to $18.50 and gave the company a "buy" rating in a report on Thursday. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Host Hotels & Resorts presently has a consensus rating of "Hold" and an average target price of $17.96.

Institutional Investors Weigh In On Host Hotels & Resorts

Large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its stake in Host Hotels & Resorts by 24.3% in the first quarter. Goldman Sachs Group Inc. now owns 5,209,534 shares of the company's stock valued at $74,027,000 after purchasing an additional 1,019,345 shares during the last quarter. NewEdge Advisors LLC raised its stake in shares of Host Hotels & Resorts by 80.5% in the first quarter. NewEdge Advisors LLC now owns 23,800 shares of the company's stock valued at $338,000 after buying an additional 10,618 shares during the period. Finally, Empowered Funds LLC raised its stake in shares of Host Hotels & Resorts by 6.1% in the first quarter. Empowered Funds LLC now owns 18,879 shares of the company's stock valued at $268,000 after buying an additional 1,088 shares during the period. Hedge funds and other 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.