Host Hotels & Resorts (NASDAQ:HST) Announces Quarterly Earnings Results, Beats Expectations By $0.29 EPS

Host Hotels & Resorts (NASDAQ:HST - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.29, Zacks reports. The company had revenue of $1.43 billion for the quarter, compared to analysts' expectations of $1.37 billion. Host Hotels & Resorts had a return on equity of 10.31% and a net margin of 12.26%. Host Hotels & Resorts updated its FY 2025 guidance to 1.820-1.910 EPS.

Host Hotels & Resorts Price Performance

HST stock traded down $0.42 during midday trading on Friday, reaching $16.34. The company had a trading volume of 17,225,811 shares, compared to its average volume of 8,056,027. The company has a market capitalization of $11.42 billion, a price-to-earnings ratio of 16.51 and a beta of 1.30. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. Host Hotels & Resorts has a 1-year low of $15.71 and a 1-year high of $21.31. The stock has a 50 day moving average price of $17.18 and a 200-day moving average price of $17.47.

Host Hotels & Resorts Announces Dividend

The business also recently announced 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. This represents a $0.80 annualized dividend and a dividend yield of 4.90%. The ex-dividend date is Monday, March 31st. Host Hotels & Resorts's dividend payout ratio (DPR) is currently 80.81%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. UBS Group reduced their price target on Host Hotels & Resorts from $19.00 to $18.00 and set a "neutral" rating for the company in a report on Tuesday, January 28th. StockNews.com cut Host Hotels & Resorts from a "hold" rating to a "sell" rating in a research note on Thursday, November 14th. Stifel Nicolaus decreased their price objective on shares of 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 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. Finally, Raymond James cut their price objective on shares of Host Hotels & Resorts from $23.00 to $20.00 and set an "outperform" rating for the company in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Host Hotels & Resorts currently has an average rating of "Hold" and an average price target of $20.54.

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.