Host Hotels & Resorts, Inc. (NASDAQ:HST – Get Free Report) declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.20 per share on Wednesday, July 15th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 30th.
Host Hotels & Resorts has raised its dividend by an average of 0.4%annually over the last three years and has increased its dividend every year for the last 2 years. Host Hotels & Resorts has a dividend payout ratio of 98.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Host Hotels & Resorts to earn $2.16 per share next year, which means the company should continue to be able to cover its $0.80 annual dividend with an expected future payout ratio of 37.0%.
Host Hotels & Resorts Stock Up 0.4%
Shares of NASDAQ HST opened at $25.07 on Friday. The stock’s 50-day simple moving average is $22.85 and its 200-day simple moving average is $20.34. Host Hotels & Resorts has a 1 year low of $15.11 and a 1 year high of $25.41. The firm has a market cap of $17.17 billion, a price-to-earnings ratio of 17.05, a PEG ratio of 2.84 and a beta of 1.10. The company has a debt-to-equity ratio of 0.74, a quick ratio of 7.91 and a current ratio of 7.91.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on HST shares. Morgan Stanley upped their target price on shares of Host Hotels & Resorts from $20.00 to $22.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 12th. UBS Group increased their price target on shares of Host Hotels & Resorts from $20.00 to $23.00 and gave the company a “neutral” rating in a research report on Tuesday, June 2nd. Stifel Nicolaus set a $26.25 target price on Host Hotels & Resorts in a report on Thursday, June 4th. LADENBURG THALM/SH SH lifted their price target on shares of 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, JPMorgan Chase & Co. lifted their target price on Host Hotels & Resorts from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $23.95.
Read Our Latest Research Report on HST
About Host Hotels & Resorts
Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.
The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.
Read More
- Five stocks we like better than Host Hotels & Resorts
- 3 Stocks That Could Benefit as the Robotaxi Race Heats Up
- 3 Waste Stocks Turning AI Investments into Growth
- 3 Overlooked Tech ETFs That Are Quietly Killing It This Year
- 3 ETFs Pairing Market-Beating Returns With High Dividend Yields
Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter.
