Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $21.79 and last traded at $21.7840, with a volume of 737954 shares traded. The stock had previously closed at $21.31.
The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.31. The business had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.27% and a net margin of 16.40%.The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.64 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS.
Host Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 72.73%.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on HST
Institutional Trading of Host Hotels & Resorts
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. SJS Investment Consulting Inc. increased its stake in shares of Host Hotels & Resorts by 64.7% in the first 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. Zions Bancorporation National Association UT boosted its holdings in Host Hotels & Resorts by 89.1% in the fourth quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock valued at $29,000 after acquiring an additional 781 shares during the last quarter. Clearstead Advisors LLC increased its position in Host Hotels & Resorts by 79.6% during the 3rd quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after purchasing an additional 786 shares during the period. Cedar Mountain Advisors LLC bought a new position in Host Hotels & Resorts during the 1st quarter worth approximately $35,000. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Host Hotels & Resorts in the 2nd quarter worth approximately $29,000. 98.52% of the stock is currently owned by institutional investors and hedge funds.
Host Hotels & Resorts Stock Up 2.8%
The stock’s 50-day moving average price is $19.88 and its 200-day moving average price is $18.73. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.77. The stock has a market cap of $15.31 billion, a price-to-earnings ratio of 15.15, a P/E/G ratio of 2.50 and a beta of 1.10.
Host Hotels & Resorts Company Profile
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
Featured Stories
Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
