Host Hotels and Resorts (HST) Scheduled to Post Quarterly Earnings on Thursday

Host Hotels and Resorts (NYSE:HST) is scheduled to be announcing its earnings results after the market closes on Thursday, November 1st. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Host Hotels and Resorts has set its FY18 guidance at $1.71-1.76 EPS.

Host Hotels and Resorts (NYSE:HST) last announced its quarterly earnings results on Tuesday, August 7th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.23). The firm had revenue of $1.52 billion during the quarter, compared to the consensus estimate of $1.49 billion. Host Hotels and Resorts had a return on equity of 9.27% and a net margin of 12.05%. On average, analysts expect Host Hotels and Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Host Hotels and Resorts stock opened at $18.68 on Tuesday. The firm has a market capitalization of $13.67 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 2.11 and a beta of 1.23. Host Hotels and Resorts has a 12-month low of $17.93 and a 12-month high of $22.47. The company has a debt-to-equity ratio of 0.59, a quick ratio of 3.33 and a current ratio of 3.33.

The company also recently declared a quarterly dividend, which was paid on Monday, October 15th. Shareholders of record on Friday, September 28th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.28%. The ex-dividend date was Thursday, September 27th. Host Hotels and Resorts’s dividend payout ratio (DPR) is presently 47.34%.

A number of equities research analysts have issued reports on HST shares. Zacks Investment Research lowered shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a report on Monday, October 15th. Robert W. Baird lifted their target price on shares of Host Hotels and Resorts from $21.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, August 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and ten have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $21.87.

About Host Hotels and Resorts

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 89 properties in the United States and six properties internationally totaling approximately 52,500 rooms.

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

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