Host Hotels and Resorts Inc (NYSE:HST) Expected to Post FY2022 Earnings of $1.18 Per Share

Host Hotels and Resorts Inc (NYSE:HST) – Jefferies Financial Group issued their FY2022 earnings per share estimates for shares of Host Hotels and Resorts in a report issued on Monday, September 14th. Jefferies Financial Group analyst D. Katz anticipates that the real estate investment trust will earn $1.18 per share for the year.

Host Hotels and Resorts (NYSE:HST) last posted its earnings results on Thursday, July 30th. The real estate investment trust reported ($0.50) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.25) by ($0.25). Host Hotels and Resorts had a net margin of 2.48% and a return on equity of 1.30%. The business had revenue of $103.00 million during the quarter, compared to analyst estimates of $102.34 million.

A number of other brokerages have also recently weighed in on HST. ValuEngine upgraded shares of Host Hotels and Resorts from a “sell” rating to a “hold” rating in a research note on Monday, June 1st. SunTrust Banks cut shares of Host Hotels and Resorts from a “hold” rating to a “sell” rating in a research note on Friday, July 24th. Raymond James reduced their price objective on shares of Host Hotels and Resorts from $16.00 to $15.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. Morgan Stanley upgraded shares of Host Hotels and Resorts from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $9.00 to $10.00 in a research note on Wednesday, July 29th. Finally, Deutsche Bank reduced their price objective on shares of Host Hotels and Resorts from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $13.03.

Shares of Host Hotels and Resorts stock opened at $12.06 on Tuesday. The firm has a fifty day simple moving average of $11.25 and a 200-day simple moving average of $11.43. The company has a current ratio of 23.29, a quick ratio of 23.29 and a debt-to-equity ratio of 0.68. Host Hotels and Resorts has a 1-year low of $7.86 and a 1-year high of $18.90. The stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 100.50 and a beta of 1.24.

Hedge funds have recently made changes to their positions in the stock. WASHINGTON TRUST Co bought a new stake in Host Hotels and Resorts in the 2nd quarter valued at $28,000. FinTrust Capital Advisors LLC bought a new stake in Host Hotels and Resorts in the 2nd quarter valued at $38,000. NuWave Investment Management LLC bought a new stake in Host Hotels and Resorts in the 2nd quarter valued at $45,000. CSat Investment Advisory L.P. increased its holdings in Host Hotels and Resorts by 64.6% in the 2nd quarter. CSat Investment Advisory L.P. now owns 4,992 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 1,959 shares during the period. Finally, Bamco Inc. NY bought a new stake in Host Hotels and Resorts in the 2nd quarter valued at $58,000. 96.21% of the stock is currently owned by institutional investors and hedge funds.

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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