Host Hotels & Resorts (NASDAQ:HST) Issues Earnings Results

Host Hotels & Resorts (NASDAQ:HST) announced its quarterly earnings data on Wednesday. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29, Zacks reports. The firm had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.31% and a net margin of 12.26%. Host Hotels & Resorts updated its FY 2025 guidance to 1.820-1.910 EPS.

Host Hotels & Resorts Price Performance

Shares of Host Hotels & Resorts stock traded down $0.10 during trading on Friday, reaching $16.67. 2,855,883 shares of the stock traded hands, compared to its average volume of 7,629,680. The company has a market capitalization of $11.65 billion, a price-to-earnings ratio of 16.84 and a beta of 1.30. The business has a fifty day simple moving average of $17.22 and a two-hundred day simple moving average of $17.47. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. Host Hotels & Resorts has a 52-week low of $15.71 and a 52-week high of $21.31.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.80%. Host Hotels & Resorts’s payout ratio is 80.81%.

Analyst Upgrades and Downgrades

HST has been the subject of several recent analyst reports. Raymond James reduced their target price on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday. Stifel Nicolaus dropped their price target on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. UBS Group lowered their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. StockNews.com lowered Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Finally, Wells Fargo & Company lowered their target price on Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $20.54.

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.