Host Hotels & Resorts, Inc. (NASDAQ:HST) Given Average Rating of “Moderate Buy” by Analysts

Host Hotels & Resorts, Inc. (NASDAQ:HST) has earned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the company, Marketbeat reports. Six research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $18.3750.

HST has been the subject of several research analyst reports. Morgan Stanley reiterated an “outperform” rating on shares of Host Hotels & Resorts in a research note on Tuesday, July 15th. Wells Fargo & Company raised shares of Host Hotels & Resorts to a “strong-buy” rating in a research report on Friday, October 3rd. Cantor Fitzgerald initiated coverage on Host Hotels & Resorts in a research report on Wednesday, October 1st. They issued a “neutral” rating and a $19.00 target price for the company. Stifel Nicolaus raised their price objective on Host Hotels & Resorts from $17.00 to $18.50 and gave the company a “buy” rating in a research note on Thursday, July 31st. Finally, Truist Financial lifted their price target 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.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Armstrong Advisory Group Inc. grew its holdings in Host Hotels & Resorts by 953.5% during the second quarter. Armstrong Advisory Group Inc. now owns 1,675 shares of the company’s stock worth $26,000 after buying an additional 1,516 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Host Hotels & Resorts in the 2nd quarter worth $29,000. TD Private Client Wealth LLC grew its stake in shares of Host Hotels & Resorts by 50.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 2,073 shares of the company’s stock worth $32,000 after acquiring an additional 691 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in shares of Host Hotels & Resorts in the second quarter valued at about $32,000. Finally, AlphaQuest LLC bought a new position in shares of Host Hotels & Resorts during the first quarter valued at about $33,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $17.84 on Friday. The firm has a 50 day moving average of $16.91 and a 200-day moving average of $16.08. Host Hotels & Resorts has a 12 month low of $12.22 and a 12 month high of $19.36. The company has a current ratio of 2.20, a quick ratio of 2.20 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $12.27 billion, a PE ratio of 18.98 and a beta of 1.36.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.30 billion. Host Hotels & Resorts had a return on equity of 9.90% and a net margin of 11.12%.Host Hotels & Resorts’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter last year, the business posted $0.36 EPS. Host Hotels & Resorts has set its FY 2025 guidance at 2.030-2.030 EPS. On average, equities research analysts predict that Host Hotels & Resorts will post 1.88 EPS for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a $0.20 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 4.5%. Host Hotels & Resorts’s dividend payout ratio is 76.19%.

Host Hotels & Resorts Company Profile

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.