Wall Street analysts expect Host Hotels and Resorts Inc (NYSE:HST) to report earnings per share of $0.27 for the current quarter, Zacks Investment Research reports. Seven analysts have made estimates for Host Hotels and Resorts’ earnings. The highest EPS estimate is $0.36 and the lowest is $0.20. Host Hotels and Resorts reported earnings of $0.53 per share in the same quarter last year, which indicates a negative year over year growth rate of 49.1%. The business is scheduled to issue its next earnings results on Tuesday, August 4th.

On average, analysts expect that Host Hotels and Resorts will report full year earnings of ($0.02) per share for the current year, with EPS estimates ranging from ($0.34) to $0.30. For the next financial year, analysts anticipate that the business will report earnings of $0.84 per share, with EPS estimates ranging from $0.13 to $1.26. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Host Hotels and Resorts.

Host Hotels and Resorts (NYSE:HST) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.27 by ($0.04). The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Host Hotels and Resorts had a net margin of 14.25% and a return on equity of 9.95%. Host Hotels and Resorts’s revenue for the quarter was down 24.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.48 earnings per share.

HST has been the subject of a number of analyst reports. Raymond James raised their price objective on Host Hotels and Resorts from $13.00 to $16.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Morgan Stanley lowered their price objective on Host Hotels and Resorts from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Friday, May 15th. Capital One Financial downgraded Host Hotels and Resorts from an “overweight” rating to an “equal weight” rating and set a $12.00 price objective for the company. in a research report on Monday. BTIG Research upgraded Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $16.00 price objective for the company in a research report on Friday, April 24th. Finally, Stifel Nicolaus raised their price objective on Host Hotels and Resorts from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $13.22.

Host Hotels and Resorts stock traded up $0.12 during trading hours on Friday, hitting $11.08. The stock had a trading volume of 642,730 shares, compared to its average volume of 15,924,472. The company has a quick ratio of 12.76, a current ratio of 12.76 and a debt-to-equity ratio of 0.75. The stock has a market cap of $7.57 billion, a price-to-earnings ratio of 10.85 and a beta of 1.27. Host Hotels and Resorts has a one year low of $7.86 and a one year high of $18.90. The business’s 50 day simple moving average is $11.81 and its 200-day simple moving average is $13.96.

In other Host Hotels and Resorts news, Director Walter C. Rakowich sold 5,566 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $10.63, for a total value of $59,166.58. Following the completion of the sale, the director now owns 48,764 shares of the company’s stock, valued at $518,361.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.20% of the company’s stock.

Large investors have recently made changes to their positions in the stock. Orion Portfolio Solutions LLC purchased a new position in shares of Host Hotels and Resorts during the fourth quarter valued at approximately $37,000. Quadrant Capital Group LLC boosted its position in shares of Host Hotels and Resorts by 317.5% during the fourth quarter. Quadrant Capital Group LLC now owns 2,175 shares of the real estate investment trust’s stock valued at $37,000 after buying an additional 1,654 shares during the last quarter. Pacitti Group Inc. purchased a new position in shares of Host Hotels and Resorts during the fourth quarter valued at approximately $51,000. Van ECK Associates Corp purchased a new position in shares of Host Hotels and Resorts during the fourth quarter valued at approximately $78,000. Finally, Investment Counselors of Maryland LLC boosted its position in shares of Host Hotels and Resorts by 26.5% during the first quarter. Investment Counselors of Maryland LLC now owns 10,065 shares of the real estate investment trust’s stock valued at $111,000 after buying an additional 2,109 shares during the last quarter. 98.00% of the stock is currently owned by institutional investors.

About Host Hotels and Resorts

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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Earnings History and Estimates for Host Hotels and Resorts (NYSE:HST)

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