Host Hotels & Resorts (NASDAQ:HST) Hits New 52-Week High on Better-Than-Expected Earnings

Shares of Host Hotels & Resorts, Inc. (NASDAQ:HST) reached a new 52-week high on Wednesday following a better than expected earnings announcement. The stock traded as high as $21.79 and last traded at $21.7840, with a volume of 737954 shares. The stock had previously closed at $21.31.

The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.31. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.59 billion. Host Hotels & Resorts had a return on equity of 15.27% and a net margin of 16.40%.The firm’s revenue for the quarter was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.64 EPS. Host Hotels & Resorts has set its FY 2026 guidance at 2.100-2.16 EPS.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Host Hotels & Resorts’s payout ratio is currently 72.73%.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. JPMorgan Chase & Co. boosted their price objective on Host Hotels & Resorts from $21.00 to $22.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Truist Financial boosted their price objective on Host Hotels & Resorts from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, March 26th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Barclays boosted their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 7th. Finally, Stifel Nicolaus set a $23.00 price objective on Host Hotels & Resorts in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $21.46.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in shares of Host Hotels & Resorts by 17.2% in the first quarter. PNC Financial Services Group Inc. now owns 99,941 shares of the company’s stock worth $1,915,000 after acquiring an additional 14,681 shares in the last quarter. Baader Bank Aktiengesellschaft purchased a new position in shares of Host Hotels & Resorts in the first quarter worth approximately $831,000. Convergence Investment Partners LLC increased its position in shares of Host Hotels & Resorts by 55.6% in the first quarter. Convergence Investment Partners LLC now owns 74,027 shares of the company’s stock worth $1,418,000 after acquiring an additional 26,456 shares in the last quarter. Hanover Advisors Inc. purchased a new position in shares of Host Hotels & Resorts in the first quarter worth approximately $192,000. Finally, Dimensional Fund Advisors LP increased its position in shares of Host Hotels & Resorts by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 10,492,832 shares of the company’s stock worth $201,042,000 after acquiring an additional 118,043 shares in the last quarter. 98.52% of the stock is owned by hedge funds and other institutional investors.

Host Hotels & Resorts Stock Performance

The firm’s 50-day moving average price is $19.88 and its two-hundred day moving average price is $18.73. The firm has a market capitalization of $15.31 billion, a PE ratio of 15.15, a P/E/G ratio of 2.50 and a beta of 1.10. The company has a quick ratio of 2.59, a current ratio of 2.59 and a debt-to-equity ratio of 0.77.

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.