Host Hotels & Resorts (NASDAQ:HST) Reaches New 12-Month High on Strong Earnings

Host Hotels & Resorts, Inc. (NASDAQ:HSTGet 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

HST has been the topic of a number of recent analyst reports. Barclays lifted their price objective on shares of Host Hotels & Resorts from $19.00 to $20.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Truist Financial increased their target price on shares of Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, March 26th. Morgan Stanley increased their price objective on shares of Host Hotels & Resorts from $18.00 to $20.00 and gave the company an “equal weight” rating in a research note on Friday, April 10th. Finally, Citigroup boosted their target price on shares of Host Hotels & Resorts from $19.00 to $22.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.46.

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

(Get Free Report)

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.

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