Media stories about Host Hotels & Resorts (NYSE:HST) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Host Hotels & Resorts earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the real estate investment trust an impact score of 46.6715311045304 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- An Impressive REIT: Host Hotels (finance.yahoo.com)
- Zacks: Brokerages Anticipate Host Hotels & Resorts, Inc. (HST) Will Announce Quarterly Sales of $1.28 Billion (americanbankingnews.com)
- Xenia Hotels & Resorts Inc (XHR) EPS Estimated At $0.52 (overnewsmagazine.com)
- Could Park Hotels & Resorts Incorporated (NYSE:PK) Change Direction After Less Shorts? (vothemes.com)
- Park Hotels & Resorts Inc. (PK) Receives $35.29 Average Target Price from Analysts (wisdomsave.com)
A number of analysts recently issued reports on HST shares. Royal Bank Of Canada restated a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Wednesday, June 7th. Zacks Investment Research lowered shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. BidaskClub upgraded shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Barclays PLC restated a “hold” rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Finally, Boenning Scattergood reiterated a “neutral” rating on shares of Host Hotels & Resorts in a research note on Tuesday, April 18th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $18.44.
Host Hotels & Resorts (NYSE:HST) traded down 0.78% during trading on Thursday, hitting $17.83. 3,986,336 shares of the stock traded hands. Host Hotels & Resorts has a one year low of $14.69 and a one year high of $20.21. The company has a 50-day moving average price of $18.41 and a 200 day moving average price of $18.31. The stock has a market cap of $13.20 billion, a PE ratio of 22.07 and a beta of 1.33.
Host Hotels & Resorts (NYSE:HST) last issued its earnings results on Wednesday, July 26th. The real estate investment trust reported $0.49 EPS for the quarter, topping the consensus estimate of $0.46 by $0.03. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Host Hotels & Resorts had a return on equity of 8.47% and a net margin of 11.09%. Host Hotels & Resorts’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business earned $0.49 earnings per share. Analysts expect that Host Hotels & Resorts will post $0.79 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, July 17th. Shareholders of record on Friday, June 30th were paid a dividend of $0.20 per share. The ex-dividend date was Wednesday, June 28th. This represents a $0.80 annualized dividend and a yield of 4.49%. Host Hotels & Resorts’s dividend payout ratio is currently 100.00%.
In other Host Hotels & Resorts news, EVP Joanne G. Hamilton sold 3,069 shares of the stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $19.01, for a total transaction of $58,341.69. Following the completion of the transaction, the executive vice president now directly owns 43,035 shares in the company, valued at $818,095.35. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Walter C. Rakowich sold 2,828 shares of the stock in a transaction on Friday, May 12th. The stock was sold at an average price of $17.59, for a total value of $49,744.52. Following the transaction, the director now owns 23,584 shares of the company’s stock, valued at $414,842.56. The disclosure for this sale can be found here. Corporate insiders own 1.70% of the company’s stock.
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About Host Hotels & Resorts
Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.
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