The price of Host Hotels & Resorts Inc (NASDAQ:HST) shares last traded on Wall Street rose 1.36% to $18.61.
Based on available information, 23 analysts follow Host Hotels & Resorts Inc (NASDAQ:HST). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $24.00 and a low of $15.00, we find $20.50. Given the previous closing price of $18.36, this indicates a potential upside of 11.66 percent. HST stock price is now 12.32% away from the 50-day moving average and 12.17% away from the 200-day moving average. The market capitalization of the company currently stands at $13.13B.
Among analysts, 4 rate the stock a hold while 13 rate it a buy. Brokers who have rated the stock have averaged $20.00 as their price target over the next twelve months.
With the price target of $21, HSBC Securities recently initiated with Buy rating for Host Hotels & Resorts Inc (NASDAQ: HST).
In other news, BAGLIVO MARY, Director sold 5,358 shares of the company’s stock on Nov 29. The stock was sold for $94,264 at an average price of $17.59. Upon completion of the transaction, the Director now directly owns 21,831 shares in the company, valued at $0.41 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05, Director RAKOWICH WALTER C sold 3,688 shares of the business’s stock. A total of $64,443 was realized by selling the stock at an average price of $17.47. This leaves the insider owning 58,616 shares of the company worth $1.09 million. Insiders disposed of 158,565 shares of company stock worth roughly $2.95 million over the past 1 year. A total of 1.10% of the company’s stock is owned by insiders.
A candlestick chart of Host Hotels & Resorts Inc (NASDAQ: HST) showed a price of $18.40 on Tuesday morning. During the past 12 months, Host Hotels & Resorts Inc has had a low of $14.51 and a high of $19.42. According to the stock market information, the enterprise value for the company is $16.99B, which is based on a 17.61 price-to-earnings ratio, a 0.62 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for HST is $16.57 and a two-hundred day moving average price translates $16.59 for the stock.
The latest earnings results from Host Hotels & Resorts Inc (NASDAQ: HST) was released for Sep, 2023. According to the REIT – Hotel & Motel Company, earnings per share came in at $0.16, beating analysts’ expectations of $0.11 by 0.05. This compares to $0.16 EPS in the same period last year. The net profit margin was 14.38% and return on equity was 11.04% for HST. The company reported revenue of $1.21 billion for the quarter, compared to $1.19 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.1 percent. For the current quarter, analysts expect HST to generate $1.29B in revenue.
Host Hotels & Resorts Inc(HST) 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 72 properties in the United States and five properties internationally totaling approximately 41,900 rooms. The Company also holds non-controlling interests in seven domestic and one international joint ventures. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott, Ritz-Carlton, Westin, Sheraton, W, St. Regis, The Luxury Collection, Hyatt, Fairmont, Hilton, Four Seasons, Swissôtel, ibis and Novotel, as well as independent brands.
