Wedbush Lowers Earnings Estimates for Host Hotels & Resorts

Host Hotels & Resorts, Inc. (NASDAQ:HST) – Equities research analysts at Wedbush lowered their FY2025 earnings estimates for Host Hotels & Resorts in a report released on Tuesday, February 25th. Wedbush analyst R. Anderson now expects that the company will post earnings per share of $1.89 for the year, down from their previous estimate of $2.01. The consensus estimate for Host Hotels & Resorts’ current full-year earnings is $1.88 per share. Wedbush also issued estimates for Host Hotels & Resorts’ FY2026 earnings at $1.98 EPS.

Other equities research analysts have also issued research reports about the company. UBS Group dropped their target price on Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating on the stock in a report on Tuesday, January 28th. Raymond James dropped their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 18th. Wells Fargo & Company decreased their target price 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, February 18th. Stifel Nicolaus dropped their price target on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock 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 report 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, the stock presently has an average rating of “Hold” and a consensus price target of $20.54.

Host Hotels & Resorts Trading Up 0.0 %

NASDAQ:HST opened at $16.03 on Wednesday. The business’s 50-day moving average is $17.04 and its two-hundred day moving average is $17.48. The firm has a market capitalization of $11.20 billion, a PE ratio of 16.19 and a beta of 1.30. Host Hotels & Resorts has a 12 month low of $15.71 and a 12 month high of $21.31. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.91 and a quick ratio of 2.90.

Host Hotels & Resorts (NASDAQ:HST) last issued its earnings results on Wednesday, February 19th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.29. Host Hotels & Resorts had a net margin of 12.26% and a return on equity of 10.37%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.37 billion.

Institutional Trading of Host Hotels & Resorts

Several hedge funds and other institutional investors have recently bought and sold shares of HST. National Pension Service bought a new stake in shares of Host Hotels & Resorts in the 4th quarter valued at approximately $26,000. Jones Financial Companies Lllp increased its stake in Host Hotels & Resorts by 202.6% during the fourth quarter. Jones Financial Companies Lllp now owns 1,625 shares of the company’s stock valued at $28,000 after purchasing an additional 1,088 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Host Hotels & Resorts by 94.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 2,035 shares of the company’s stock worth $36,000 after purchasing an additional 991 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of Host Hotels & Resorts during the fourth quarter worth $40,000. Finally, Eastern Bank bought a new position in shares of Host Hotels & Resorts in the 4th quarter worth about $45,000. 98.52% of the stock is owned by institutional investors.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.20 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 4.99%. Host Hotels & Resorts’s dividend payout ratio (DPR) is 80.81%.

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.