Host Hotels & Resorts, Inc. (HST) to Issue Quarterly Dividend of $0.20 on October 15th

Host Hotels & Resorts, Inc. (NASDAQ:HST) declared a quarterly dividend on Tuesday, September 15th. Shareholders of record on Wednesday, September 30th will be paid a dividend of 0.20 per share on Thursday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Wednesday, September 30th.

Host Hotels & Resorts has increased its dividend by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. Host Hotels & Resorts has a dividend payout ratio of 98.8% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Host Hotels & Resorts to earn $2.19 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 36.5%.

Host Hotels & Resorts Trading Down 1.7%

HST stock opened at $21.76 on Thursday. The company has a market cap of $14.91 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 2.50 and a beta of 1.07. 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 business has a fifty day simple moving average of $23.24 and a 200-day simple moving average of $22.19. Host Hotels & Resorts has a 52 week low of $15.61 and a 52 week high of $25.71.

Host Hotels & Resorts (NASDAQ:HST) 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 firm had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the previous year, the business earned $0.58 earnings per share. The firm’s quarterly revenue 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 expect that Host Hotels & Resorts will post 2.18 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on HST shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Host Hotels & Resorts in a research report on Monday, June 8th. Cantor Fitzgerald raised their price target on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. LADENBURG THALM/SH SH boosted their price objective on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th. Wells Fargo & Company upped their price objective on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Finally, Barclays lifted their target price on Host Hotels & Resorts from $23.00 to $24.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.52.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates lodging real estate. The company focuses on hotels in the luxury and upper-upscale segments, with properties generally located in high-demand urban, resort and convention markets.

Host Hotels & Resorts’ portfolio includes hotels operated under well-known hospitality brands, including Marriott, Hyatt and Hilton, among others. The company typically owns the real estate while hotel operations are conducted by third-party or affiliated management companies.