Host Hotels & Resorts (NASDAQ:HST) Posts Quarterly Earnings Results, Beats Estimates By $0.31 EPS

Host Hotels & Resorts (NASDAQ:HSTGet Free Report) announced its quarterly earnings results on Wednesday. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.31, Zacks reports. Host Hotels & Resorts had a net margin of 12.51% and a return on equity of 11.54%. The firm had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the company earned $0.64 EPS. The firm’s revenue was up 3.2% on a year-over-year basis. Host Hotels & Resorts updated its FY 2026 guidance to 2.100-2.16 EPS.

Host Hotels & Resorts Stock Performance

NASDAQ:HST traded up $0.37 during trading hours on Wednesday, reaching $21.68. 11,126,441 shares of the stock were exchanged, compared to its average volume of 7,562,027. The stock has a market capitalization of $14.90 billion, a P/E ratio of 19.71, a P/E/G ratio of 2.46 and a beta of 1.10. The firm has a 50 day simple moving average of $19.85 and a 200-day simple moving average of $18.69. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.77. Host Hotels & Resorts has a 52 week low of $14.44 and a 52 week high of $21.98.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Tuesday, March 31st. Host Hotels & Resorts’s payout ratio is currently 72.73%.

Wall Street Analyst Weigh In

A number of research analysts have commented on HST shares. UBS Group boosted their price objective on Host Hotels & Resorts from $18.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, April 10th. Argus raised Host Hotels & Resorts to a “strong-buy” rating in a research report on Wednesday, March 18th. Wells Fargo & Company increased their price objective on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company an “overweight” rating in a research report on Wednesday, April 22nd. LADENBURG THALM/SH SH started coverage on shares of Host Hotels & Resorts in a research note on Thursday, March 26th. They set a “buy” rating and a $23.00 price objective on the stock. Finally, JPMorgan Chase & Co. boosted their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts presently has a consensus rating of “Moderate Buy” and a consensus price target of $21.38.

View Our Latest Stock Report on HST

Hedge Funds Weigh In On Host Hotels & Resorts

A number of hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its position in shares of Host Hotels & Resorts by 2.7% in the 4th quarter. Empowered Funds LLC now owns 20,218 shares of the company’s stock worth $358,000 after buying an additional 537 shares during the last quarter. Quarry LP boosted its stake in Host Hotels & Resorts by 17.2% in the fourth quarter. Quarry LP now owns 4,506 shares of the company’s stock valued at $80,000 after acquiring an additional 661 shares during the period. Hilltop Holdings Inc. grew its holdings in shares of Host Hotels & Resorts by 2.7% during the fourth quarter. Hilltop Holdings Inc. now owns 25,761 shares of the company’s stock valued at $457,000 after purchasing an additional 673 shares during the last quarter. Zions Bancorporation National Association UT raised its position in shares of Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after purchasing an additional 781 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in shares of Host Hotels & Resorts by 2.9% in the 3rd quarter. Private Advisor Group LLC now owns 37,406 shares of the company’s stock worth $637,000 after purchasing an additional 1,038 shares during the last quarter. Institutional investors and hedge funds own 98.52% of the company’s stock.

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.

See Also

Earnings History for Host Hotels & Resorts (NASDAQ:HST)

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