Q4 2022 EPS Estimates for Host Hotels & Resorts, Inc. (NASDAQ:HST) Increased by Analyst

Host Hotels & Resorts, Inc. (NASDAQ:HSTGet Rating) – Investment analysts at Capital One Financial increased their Q4 2022 earnings per share estimates for Host Hotels & Resorts in a report issued on Thursday, September 15th. Capital One Financial analyst N. Malkin now forecasts that the company will earn $0.51 per share for the quarter, up from their previous estimate of $0.45. The consensus estimate for Host Hotels & Resorts’ current full-year earnings is $1.80 per share.

A number of other research firms have also commented on HST. Barclays dropped their price target on Host Hotels & Resorts from $23.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, July 7th. Evercore ISI reaffirmed an “outperform” rating and set a $23.00 price target on shares of Host Hotels & Resorts in a research report on Monday, July 11th. Citigroup raised their price target on Host Hotels & Resorts to $22.00 in a research report on Monday, August 15th. Wells Fargo & Company raised Host Hotels & Resorts from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $20.00 to $21.00 in a research report on Monday, August 29th. Finally, Truist Financial raised their price target on Host Hotels & Resorts from $19.00 to $21.00 and gave the stock a “hold” rating in a research report on Wednesday, June 1st. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $22.08.

Host Hotels & Resorts Trading Down 2.0 %

NASDAQ:HST opened at $17.77 on Monday. Host Hotels & Resorts has a 1-year low of $15.10 and a 1-year high of $21.63. The business’s 50-day moving average price is $18.18 and its two-hundred day moving average price is $17.72. The company has a current ratio of 11.29, a quick ratio of 11.29 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $12.70 billion, a price-to-earnings ratio of 22.21 and a beta of 1.22.

Host Hotels & Resorts (NASDAQ:HSTGet Rating) last released its earnings results on Wednesday, August 3rd. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.12). Host Hotels & Resorts had a net margin of 13.34% and a return on equity of 8.86%. During the same period last year, the business posted $0.12 earnings per share.

Host Hotels & Resorts Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Stockholders of record on Friday, September 30th will be paid a dividend of $0.12 per share. This is an increase from Host Hotels & Resorts’s previous quarterly dividend of $0.06. This represents a $0.48 annualized dividend and a dividend yield of 2.70%. Host Hotels & Resorts’s payout ratio is currently 30.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HST. Bank of Montreal Can boosted its stake in shares of Host Hotels & Resorts by 5.0% during the 4th quarter. Bank of Montreal Can now owns 1,124,890 shares of the company’s stock worth $19,753,000 after acquiring an additional 53,231 shares during the period. Ensign Peak Advisors Inc boosted its stake in shares of Host Hotels & Resorts by 179.5% during the 4th quarter. Ensign Peak Advisors Inc now owns 216,339 shares of the company’s stock worth $3,762,000 after acquiring an additional 138,939 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Host Hotels & Resorts by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 9,005,604 shares of the company’s stock worth $156,608,000 after acquiring an additional 238,307 shares during the period. Renaissance Technologies LLC lifted its holdings in Host Hotels & Resorts by 101.5% during the 4th quarter. Renaissance Technologies LLC now owns 1,243,511 shares of the company’s stock worth $21,625,000 after purchasing an additional 626,446 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Host Hotels & Resorts by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,580,484 shares of the company’s stock worth $270,366,000 after purchasing an additional 301,868 shares during the last quarter. 98.79% of the stock is currently owned by institutional investors.

About Host Hotels & Resorts

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Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.

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Earnings History and Estimates for Host Hotels & Resorts (NASDAQ:HST)

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