$0.41 Earnings Per Share Expected for Host Hotels and Resorts Inc (HST) This Quarter

Brokerages forecast that Host Hotels and Resorts Inc (NYSE:HST) will announce $0.41 earnings per share for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Host Hotels and Resorts’ earnings. The highest EPS estimate is $0.43 and the lowest is $0.41. Host Hotels and Resorts reported earnings per share of $0.42 in the same quarter last year, which would suggest a negative year over year growth rate of 2.4%. The company is scheduled to announce its next earnings results after the market closes on Tuesday, February 19th.

According to Zacks, analysts expect that Host Hotels and Resorts will report full year earnings of $1.75 per share for the current year, with EPS estimates ranging from $1.75 to $1.77. For the next year, analysts forecast that the company will report earnings of $1.71 per share, with EPS estimates ranging from $1.65 to $1.77. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Host Hotels and Resorts.

Several research analysts have recently commented on HST shares. Citigroup lowered Host Hotels and Resorts from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $24.00 to $19.50 in a research report on Wednesday, December 12th. Deutsche Bank set a $23.00 target price on Host Hotels and Resorts and gave the company a “buy” rating in a research report on Saturday, November 3rd. Zacks Investment Research raised Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research report on Tuesday. Morgan Stanley lowered Host Hotels and Resorts from an “equal weight” rating to an “underweight” rating in a research report on Thursday, December 20th. Finally, Barclays raised Host Hotels and Resorts from an “equal weight” rating to an “overweight” rating and reduced their target price for the company from $23.00 to $22.00 in a research report on Tuesday, December 18th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $21.50.

Several institutional investors and hedge funds have recently modified their holdings of the company. Private Capital Group LLC boosted its position in Host Hotels and Resorts by 44.7% during the fourth quarter. Private Capital Group LLC now owns 2,274 shares of the real estate investment trust’s stock worth $38,000 after purchasing an additional 703 shares in the last quarter. Advisor Group Inc. raised its holdings in shares of Host Hotels and Resorts by 2.1% during the fourth quarter. Advisor Group Inc. now owns 37,449 shares of the real estate investment trust’s stock valued at $625,000 after acquiring an additional 767 shares during the last quarter. Krueger & Catalano Capital Partners LLC raised its holdings in shares of Host Hotels and Resorts by 1.9% during the fourth quarter. Krueger & Catalano Capital Partners LLC now owns 44,406 shares of the real estate investment trust’s stock valued at $740,000 after acquiring an additional 812 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in shares of Host Hotels and Resorts by 10.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 11,083 shares of the real estate investment trust’s stock valued at $185,000 after acquiring an additional 1,036 shares during the last quarter. Finally, OLD Second National Bank of Aurora raised its holdings in shares of Host Hotels and Resorts by 1.1% during the fourth quarter. OLD Second National Bank of Aurora now owns 95,541 shares of the real estate investment trust’s stock valued at $1,593,000 after acquiring an additional 1,071 shares during the last quarter. Hedge funds and other institutional investors own 97.76% of the company’s stock.

HST opened at $17.98 on Friday. The firm has a market capitalization of $13.36 billion, a PE ratio of 10.64, a P/E/G ratio of 2.10 and a beta of 1.21. The company has a debt-to-equity ratio of 0.55, a current ratio of 5.32 and a quick ratio of 5.32. Host Hotels and Resorts has a 12 month low of $15.94 and a 12 month high of $22.47.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 15th. Stockholders of record on Monday, December 31st were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, December 28th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.45%. Host Hotels and Resorts’s payout ratio is 47.34%.

Host Hotels and Resorts Company Profile

Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 88 properties in the United States and five properties internationally totaling approximately 52,000 rooms.

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

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