Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Has Average Target Price of $24.52

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) have been given an average rating of “Moderate Buy” by the sixteen ratings firms that are covering the firm, MarketBeat reports. Six equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $24.52.

Several research analysts recently weighed in on the company. Wells Fargo & Company raised their target price on Host Hotels & Resorts from $25.00 to $26.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. LADENBURG THALM/SH SH lifted their target price on shares of Host Hotels & Resorts from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. Argus set a $27.00 price target on shares of Host Hotels & Resorts in a report on Wednesday, June 17th. Truist Financial upped their price target on Host Hotels & Resorts from $24.00 to $27.00 and gave the company a “buy” rating in a research report on Thursday, September 10th. Finally, Cantor Fitzgerald increased their target price on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 11th.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $22.21 on Tuesday. The stock has a market cap of $15.22 billion, a price-to-earnings ratio of 14.81, a PEG ratio of 2.52 and a beta of 1.07. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. Host Hotels & Resorts has a 12 month low of $15.61 and a 12 month high of $25.71. The stock’s 50 day moving average price is $23.09 and its 200 day moving average price is $22.29.

Host Hotels & Resorts (NASDAQ:HST) last issued 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 analyst estimates of $1.62 billion. During the same period last year, the company posted $0.58 EPS. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Equities research analysts anticipate that Host Hotels & Resorts will post 2.17 earnings per share for the current fiscal year.

Host Hotels & Resorts Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be given a $0.20 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 53.33%.

Insider Buying and Selling

In other news, EVP Nathan Tyrrell sold 63,882 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $23.13, for a total transaction of $1,477,590.66. Following the completion of the sale, the executive vice president owned 618,207 shares of the company’s stock, valued at approximately $14,299,127.91. This trade represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Host Hotels & Resorts

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HST. BlackRock Inc. acquired a new stake in shares of Host Hotels & Resorts in the second quarter valued at approximately $2,096,191,000. Norges Bank bought a new stake in shares of Host Hotels & Resorts during the fourth quarter worth $628,014,000. Geode Capital Management LLC raised its position in shares of Host Hotels & Resorts by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 22,700,539 shares of the company’s stock worth $402,056,000 after acquiring an additional 493,177 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Host Hotels & Resorts by 251.9% during the first quarter. SG Americas Securities LLC now owns 13,755,486 shares of the company’s stock worth $263,555,000 after acquiring an additional 9,846,104 shares during the last quarter. Finally, Deutsche Bank AG acquired a new position in shares of Host Hotels & Resorts during the second quarter valued at $296,560,000. Institutional investors and hedge funds own 98.52% of the company’s stock.

Host Hotels & Resorts Company Profile

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.