Host Hotels & Resorts, Inc. (NASDAQ:HST) Stock Has Consensus Target Price of $24.52 According to Brokerages

Host Hotels & Resorts, Inc. (NASDAQ:HST) has been given a consensus recommendation of “Moderate Buy” by the sixteen analysts that are covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $24.52.

HST has been the topic of several research reports. JPMorgan Chase & Co. lifted their price target 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. Cantor Fitzgerald increased their price objective on shares of Host Hotels & Resorts from $23.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 11th. Wells Fargo & Company upped their price target on shares of Host Hotels & Resorts from $25.00 to $26.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. LADENBURG THALM/SH SH increased their price target on Host Hotels & Resorts from $25.00 to $28.00 and gave the company a “buy” rating in a research note on Wednesday, June 10th. Finally, UBS Group boosted their price objective on Host Hotels & Resorts from $20.00 to $23.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 2nd.

Host Hotels & Resorts Price Performance

Host Hotels & Resorts stock opened at $22.42 on Tuesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.96 and a current ratio of 2.96. Host Hotels & Resorts has a 52 week low of $15.61 and a 52 week high of $25.71. The stock has a market capitalization of $15.36 billion, a P/E ratio of 14.95, a price-to-earnings-growth ratio of 2.53 and a beta of 1.07. The stock has a fifty day moving average of $23.06 and a 200-day moving average of $22.30.

Host Hotels & Resorts (NASDAQ:HST) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.01. The business had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. Host Hotels & Resorts had a return on equity of 15.53% and a net margin of 16.51%.Host Hotels & Resorts’s revenue was up 3.4% compared to the same quarter last year. During the same period last year, the firm posted $0.58 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.150-2.180 EPS. On average, sell-side analysts expect 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. Stockholders of record on Wednesday, September 30th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.6%. Host Hotels & Resorts’s dividend payout ratio is currently 53.33%.

Insider Buying and Selling

In other Host Hotels & Resorts news, EVP Nathan Tyrrell sold 63,882 shares of the business’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 sale, the executive vice president directly owned 618,207 shares of the company’s stock, valued at $14,299,127.91. The trade was a 9.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Host Hotels & Resorts

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Waterloo Capital L.P. raised its stake in Host Hotels & Resorts by 543.6% during the fourth quarter. Waterloo Capital L.P. now owns 166,859 shares of the company’s stock worth $2,958,000 after buying an additional 140,932 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC grew its holdings in Host Hotels & Resorts by 41.8% during the 4th quarter. Cbre Investment Management Listed Real Assets LLC now owns 2,169,471 shares of the company’s stock worth $38,465,000 after acquiring an additional 639,695 shares during the period. Resolution Capital Ltd lifted its stake in shares of Host Hotels & Resorts by 5.9% in the 1st quarter. Resolution Capital Ltd now owns 2,097,777 shares of the company’s stock valued at $40,193,000 after purchasing an additional 116,440 shares during the period. Legal & General Group Plc boosted its position in shares of Host Hotels & Resorts by 5.3% during the 4th quarter. Legal & General Group Plc now owns 5,026,097 shares of the company’s stock valued at $89,113,000 after purchasing an additional 252,873 shares in the last quarter. Finally, Tidal Investments LLC boosted its position in shares of Host Hotels & Resorts by 186.7% during the 2nd quarter. Tidal Investments LLC now owns 93,491 shares of the company’s stock valued at $2,217,000 after purchasing an additional 60,880 shares in the last quarter. 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.