Wedbush Equities Analysts Reduce Earnings Estimates for HST

Host Hotels & Resorts, Inc. (NASDAQ:HST) – Stock analysts at Wedbush lowered their FY2025 earnings per share (EPS) estimates for Host Hotels & Resorts in a research note issued to investors on Tuesday, February 25th. Wedbush analyst R. Anderson now anticipates 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.

A number of other brokerages also recently commented on HST. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a research note on Thursday, November 14th. 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. Stifel Nicolaus dropped their target price on Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating on the stock in a report on Friday, November 22nd. Wells Fargo & Company cut 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 report on Tuesday, February 18th. Finally, Raymond James cut their price objective on Host Hotels & Resorts from $23.00 to $20.00 and set an “outperform” rating for the company in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $20.54.

Host Hotels & Resorts Trading Up 0.0 %

Shares of NASDAQ:HST opened at $16.03 on Wednesday. Host Hotels & Resorts has a 52 week low of $15.71 and a 52 week high of $21.31. The company’s 50 day moving average is $17.04 and its two-hundred day moving average is $17.48. The company has a market cap of $11.20 billion, a PE ratio of 16.19 and a beta of 1.30. The company has a current ratio of 1.91, a quick ratio of 2.90 and a debt-to-equity ratio of 0.77.

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

Hedge Funds Weigh In On Host Hotels & Resorts

Several institutional investors and hedge funds have recently modified their holdings of the company. Signaturefd LLC raised its holdings in Host Hotels & Resorts by 50.5% in the 3rd quarter. Signaturefd LLC now owns 3,571 shares of the company’s stock valued at $63,000 after acquiring an additional 1,198 shares during the last quarter. International Assets Investment Management LLC lifted its position in Host Hotels & Resorts by 1,549.8% during the third quarter. International Assets Investment Management LLC now owns 13,693 shares of the company’s stock worth $2,410,000 after buying an additional 12,863 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Host Hotels & Resorts by 21.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 86,218 shares of the company’s stock worth $1,563,000 after buying an additional 15,517 shares during the last quarter. Eagle Strategies LLC grew its holdings in Host Hotels & Resorts by 18.7% in the 3rd quarter. Eagle Strategies LLC now owns 27,619 shares of the company’s stock valued at $486,000 after buying an additional 4,346 shares during the period. Finally, IRON Financial LLC acquired a new position in shares of Host Hotels & Resorts during the 3rd quarter valued at about $202,000. Hedge funds and other institutional investors own 98.52% of the company’s stock.

Host Hotels & Resorts Announces Dividend

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

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.