Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Has Consensus Price Target of $24.70

Host Hotels & Resorts, Inc. (NASDAQ:HST) has earned an average rating of “Moderate Buy” from the sixteen research firms that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokers that have covered the stock in the last year is $24.70.

A number of analysts have recently commented on HST shares. Wells Fargo & Company lifted their price target 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. Weiss Ratings upgraded Host Hotels & Resorts from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, August 14th. Barclays upped their price objective on Host Hotels & Resorts from $24.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 13th. Morgan Stanley raised their price objective on shares of Host Hotels & Resorts from $22.00 to $24.00 and gave the company an “equal weight” rating in a report on Monday, October 12th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Host Hotels & Resorts from $22.00 to $25.00 and gave the company a “neutral” rating in a report on Tuesday, July 21st.

Host Hotels & Resorts Price Performance

Shares of NASDAQ:HST opened at $24.19 on Friday. The company has a market cap of $16.57 billion, a price-to-earnings ratio of 16.13, a PEG ratio of 2.70 and a beta of 1.09. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.96 and a quick ratio of 2.96. The firm has a 50 day simple moving average of $22.53 and a 200 day simple moving average of $22.75. Host Hotels & Resorts has a one year low of $15.61 and a one year high of $25.71.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.01. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. Host Hotels & Resorts had a net margin of 16.51% and a return on equity of 15.53%. The company’s quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. Research analysts predict that Host Hotels & Resorts will post 2.18 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 3.3%. The ex-dividend date was Wednesday, September 30th. Host Hotels & Resorts’s dividend payout ratio is 53.33%.

Insider Transactions at Host Hotels & Resorts

In other news, EVP Nathan Tyrrell sold 63,882 shares of the firm’s stock in a transaction 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 transaction, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.50% of the company’s stock.

Institutional Trading of Host Hotels & Resorts

Institutional investors have recently modified their holdings of the business. Avail Investment Partners LLC lifted its holdings in shares of Host Hotels & Resorts by 2.5% in the 3rd quarter. Avail Investment Partners LLC now owns 19,299 shares of the company’s stock valued at $432,000 after buying an additional 471 shares during the period. CX Institutional boosted its stake in shares of Host Hotels & Resorts by 4.1% in the third quarter. CX Institutional now owns 12,067 shares of the company’s stock valued at $270,000 after buying an additional 474 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Host Hotels & Resorts by 14.6% during the second quarter. Parkside Financial Bank & Trust now owns 4,931 shares of the company’s stock worth $117,000 after acquiring an additional 629 shares during the period. SJS Investment Consulting Inc. raised its position in Host Hotels & Resorts by 64.7% in the first quarter. SJS Investment Consulting Inc. now owns 1,632 shares of the company’s stock worth $31,000 after acquiring an additional 641 shares in the last quarter. Finally, Patten Group Inc. lifted its holdings in Host Hotels & Resorts by 1.7% in the first quarter. Patten Group Inc. now owns 38,793 shares of the company’s stock valued at $743,000 after acquiring an additional 654 shares during the period. Institutional investors own 98.52% of the company’s stock.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a self-managed and self-administered real estate investment trust that owns and operates a portfolio of luxury and upper-upscale hotels. The company’s properties are generally located in high-demand business and leisure destinations and include full-service hotels, resorts and convention-oriented lodging facilities.

Host Hotels typically invests in hotel real estate while relying on hotel management companies and major hospitality brands to operate its properties.