Brokerages Expect Host Hotels & Resorts, Inc. (HST) to Post $0.40 Earnings Per Share

Equities analysts expect Host Hotels & Resorts, Inc. (NYSE:HST) to report earnings per share (EPS) of $0.40 for the current quarter, according to Zacks. Eight analysts have provided estimates for Host Hotels & Resorts’ earnings, with estimates ranging from $0.39 to $0.42. Host Hotels & Resorts posted earnings of $0.17 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 135.3%. The business is expected to report its next earnings report on Wednesday, February 28th.

According to Zacks, analysts expect that Host Hotels & Resorts will report full-year earnings of $1.66 per share for the current financial year, with EPS estimates ranging from $1.63 to $1.68. For the next fiscal year, analysts expect that the business will report earnings of $1.64 per share, with EPS estimates ranging from $1.52 to $1.69. Zacks’ EPS calculations are an average based on a survey of research firms that follow Host Hotels & Resorts.

Host Hotels & Resorts (NYSE:HST) last issued its quarterly earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 EPS for the quarter, hitting the consensus estimate of $0.33. Host Hotels & Resorts had a net margin of 11.11% and a return on equity of 8.44%. The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the business posted $0.37 earnings per share. Host Hotels & Resorts’s revenue for the quarter was down 3.2% compared to the same quarter last year.

Several equities analysts recently commented on HST shares. Deutsche Bank AG raised shares of Host Hotels & Resorts from a “hold” rating to a “buy” rating and upped their price target for the stock from $18.00 to $21.00 in a research report on Thursday, October 12th. Robert W. Baird reissued a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 8th. Zacks Investment Research lowered shares of Host Hotels & Resorts from a “buy” rating to a “hold” rating in a research report on Friday, July 14th. Barclays PLC reissued a “hold” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, July 28th. Finally, Boenning Scattergood reissued a “buy” rating and issued a $20.00 price objective on shares of Host Hotels & Resorts in a research report on Friday, September 22nd. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $19.13.

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Several hedge funds have recently made changes to their positions in the company. Motco boosted its stake in shares of Host Hotels & Resorts by 0.6% in the second quarter. Motco now owns 11,969 shares of the real estate investment trust’s stock valued at $219,000 after purchasing an additional 71 shares during the period. Kemper Corp Master Retirement Trust boosted its stake in shares of Host Hotels & Resorts by 0.3% in the second quarter. Kemper Corp Master Retirement Trust now owns 26,195 shares of the real estate investment trust’s stock valued at $479,000 after purchasing an additional 75 shares during the period. Bronfman E.L. Rothschild L.P. boosted its stake in shares of Host Hotels & Resorts by 1.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 13,770 shares of the real estate investment trust’s stock valued at $252,000 after purchasing an additional 222 shares during the period. Stratos Wealth Partners LTD. boosted its stake in shares of Host Hotels & Resorts by 3.0% in the second quarter. Stratos Wealth Partners LTD. now owns 14,974 shares of the real estate investment trust’s stock valued at $274,000 after purchasing an additional 443 shares during the period. Finally, Sentry Investment Management LLC boosted its stake in shares of Host Hotels & Resorts by 0.9% in the second quarter. Sentry Investment Management LLC now owns 53,698 shares of the real estate investment trust’s stock valued at $981,000 after purchasing an additional 499 shares during the period.

Shares of Host Hotels & Resorts (NYSE:HST) traded up $0.17 during mid-day trading on Friday, reaching $19.63. 5,001,327 shares of the company traded hands, compared to its average volume of 6,927,536. Host Hotels & Resorts has a 1 year low of $14.69 and a 1 year high of $20.21. The company has a quick ratio of 3.47, a current ratio of 3.62 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $14,527.93, a price-to-earnings ratio of 11.75, a price-to-earnings-growth ratio of 2.36 and a beta of 1.29.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were paid a $0.20 dividend. The ex-dividend date was Thursday, September 28th. This represents a $0.80 annualized dividend and a dividend yield of 4.08%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 100.00%.

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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Earnings History and Estimates for Host Hotels & Resorts (NYSE:HST)

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