Host Hotels & Resorts (NASDAQ:HST) Issues Quarterly Earnings Results, Beats Estimates By $0.29 EPS

Host Hotels & Resorts (NASDAQ:HST) announced its quarterly earnings data on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.29, Zacks reports. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.37 billion. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.31%. Host Hotels & Resorts updated its FY 2025 guidance to 1.820-1.910 EPS.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST traded down $0.10 during mid-day trading on Friday, hitting $16.67. The stock had a trading volume of 2,855,883 shares, compared to its average volume of 7,629,680. The company has a debt-to-equity ratio of 0.76, a quick ratio of 2.90 and a current ratio of 2.90. The company has a 50 day moving average of $17.22 and a two-hundred day moving average of $17.47. Host Hotels & Resorts has a twelve month low of $15.71 and a twelve month high of $21.31. The firm has a market cap of $11.65 billion, a PE ratio of 16.84 and a beta of 1.30.

Host Hotels & Resorts Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.80%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts’s payout ratio is 80.81%.

Wall Street Analysts Forecast Growth

HST has been the subject of several analyst reports. Raymond James decreased their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research note on Tuesday. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Wells Fargo & Company decreased their price target on shares of Host Hotels & Resorts from $22.00 to $20.00 and set an “overweight” rating for the company in a research note on Tuesday. Stifel Nicolaus decreased their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a research note on Friday, November 22nd. Finally, UBS Group decreased their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Host Hotels & Resorts currently has a consensus rating of “Hold” and an average target price of $20.54.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.