Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) reached a new 52-week high on Thursday. The company traded as high as $25.87 and last traded at $25.6780, with a volume of 290,696 shares traded. The stock had previously closed at $25.27.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on the company. Morgan Stanley raised their target price on Host Hotels & Resorts from $22.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Monday, October 12th. Evercore set a $26.00 target price on Host Hotels & Resorts in a research note on Monday. JPMorgan Chase & Co. increased their target price on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Barclays raised their target price on shares of Host Hotels & Resorts from $24.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 13th. Finally, Wells Fargo & Company increased their price objective on Host Hotels & Resorts from $26.00 to $27.00 and gave the company an “overweight” rating in a report on Monday. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, Host Hotels & Resorts has an average rating of “Moderate Buy” and a consensus target price of $25.14.
Read Our Latest Stock Analysis on HST
Host Hotels & Resorts Price Performance
The company’s 50-day moving average price is $22.86 and its 200-day moving average price is $21.84. The company has a quick ratio of 2.96, a current ratio of 2.96 and a debt-to-equity ratio of 0.80. The firm has a market cap of $17.62 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 2.77 and a beta of 1.09.
Host Hotels & Resorts (NASDAQ:HST – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the company earned $0.58 EPS. Host Hotels & Resorts’s revenue for the quarter was up 3.4% compared to the same quarter last year. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, equities research analysts forecast that Host Hotels & Resorts, Inc. will post 2.19 EPS for the current year.
Host Hotels & Resorts Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.1%. The ex-dividend date was Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is currently 53.33%.
Insider Activity at Host Hotels & Resorts
In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of Host Hotels & Resorts stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total value of $1,477,590.66. Following the transaction, the executive vice president directly owned 618,207 shares in the company, valued at approximately $14,299,127.91. The trade was a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.50% of the stock is owned by insiders.
Institutional Trading of Host Hotels & Resorts
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Avail Investment Partners LLC raised its position in shares of Host Hotels & Resorts by 2.5% during the third quarter. Avail Investment Partners LLC now owns 19,299 shares of the company’s stock worth $432,000 after purchasing an additional 471 shares during the period. CX Institutional lifted its position in shares of Host Hotels & Resorts by 4.1% in the 3rd quarter. CX Institutional now owns 12,067 shares of the company’s stock valued at $270,000 after acquiring an additional 474 shares in the last quarter. VestGen Advisors LLC raised its position in Host Hotels & Resorts by 4.3% during the third quarter. VestGen Advisors LLC now owns 14,439 shares of the company’s stock valued at $323,000 after buying an additional 601 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Host Hotels & Resorts by 14.6% in the second quarter. Parkside Financial Bank & Trust now owns 4,931 shares of the company’s stock worth $117,000 after purchasing an additional 629 shares in the last quarter. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Host Hotels & Resorts by 64.7% during the 1st quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock valued at $31,000 after buying an additional 641 shares during the period. Institutional investors and hedge funds own 98.52% of the company’s stock.
Host Hotels & Resorts Company Profile
Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.
Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.
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