Host Hotels & Resorts (HST) to Release Earnings on Wednesday

Host Hotels & Resorts (NASDAQ:HST) will likely be releasing its earnings data after the market closes on Wednesday, February 19th. Analysts expect Host Hotels & Resorts to post earnings of $0.15 per share and revenue of $1.37 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Host Hotels & Resorts Stock Down 0.4 %

HST stock opened at $16.49 on Wednesday. Host Hotels & Resorts has a one year low of $15.71 and a one year high of $21.31. The stock has a market capitalization of $11.53 billion, a PE ratio of 16.01 and a beta of 1.30. 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 fifty day moving average of $17.53 and a 200-day moving average of $17.50.

Host Hotels & Resorts Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend was Tuesday, December 31st. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 77.67%.

Wall Street Analyst Weigh In

Several research firms have recently commented on HST. Compass Point upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and raised their target price for the stock from $18.00 to $22.00 in a research note on Thursday, October 17th. UBS Group reduced their target price 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. Wells Fargo & Company raised their target price on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Monday, December 9th. Stifel Nicolaus reduced their price objective 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, StockNews.com cut shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Host Hotels & Resorts presently has a consensus rating of “Hold” and an average target price of $20.96.

Host Hotels & Resorts Company Profile

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.