Host Hotels & Resorts, Inc. (NYSE:HST) updated its FY17 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.65-1.66 for the period, compared to the Thomson Reuters consensus estimate of $1.66.
A number of research analysts recently commented on the stock. Boenning Scattergood reiterated a hold rating on shares of Host Hotels & Resorts in a research note on Friday, July 28th. Robert W. Baird reiterated a buy rating and issued a $20.00 price target on shares of Host Hotels & Resorts in a research note on Thursday, October 12th. BidaskClub lowered shares of Host Hotels & Resorts from a buy rating to a hold rating in a research note on Tuesday, July 11th. Stifel Nicolaus reiterated a buy rating and issued a $19.00 price target on shares of Host Hotels & Resorts in a research note on Tuesday, October 17th. Finally, Zacks Investment Research lowered shares of Host Hotels & Resorts from a hold rating to a sell rating in a research note on Tuesday. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of $19.00.
Host Hotels & Resorts (NYSE:HST) last posted its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.33. Host Hotels & Resorts had a net margin of 11.11% and a return on equity of 8.45%. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm posted $0.37 earnings per share. The company’s quarterly revenue was down 3.2% compared to the same quarter last year.
The firm also recently declared a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of Infinity. The ex-dividend date of this dividend was Thursday, September 28th. Host Hotels & Resorts’s dividend payout ratio (DPR) is currently 100.00%.
Host Hotels & Resorts Company Profile
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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