Host Hotels & Resorts (HST) to Release Quarterly Earnings on Wednesday

Host Hotels & Resorts (NASDAQ:HST) is scheduled to announce its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.36 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Host Hotels & Resorts Stock Up 0.3 %

Shares of HST stock opened at $17.39 on Tuesday. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.64. Host Hotels & Resorts has a 1 year low of $15.71 and a 1 year high of $21.31. The firm’s fifty day moving average price is $17.62 and its two-hundred day moving average price is $17.77. The firm has a market capitalization of $12.22 billion, a P/E ratio of 16.25, a PEG ratio of 1.54 and a beta of 1.32.

Host Hotels & Resorts Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.60%. The ex-dividend date of this dividend was Monday, September 30th. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 74.77%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wells Fargo & Company decreased their price objective on shares of Host Hotels & Resorts from $21.00 to $19.00 and set an “overweight” rating for the company in a research report on Friday, September 13th. Robert W. Baird reduced their target price on shares of Host Hotels & Resorts from $21.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, August 5th. Evercore ISI reduced their target price on shares of Host Hotels & Resorts from $23.00 to $21.00 and set an “outperform” rating for the company in a report on Tuesday, August 13th. Oppenheimer decreased their target price on shares of Host Hotels & Resorts from $24.00 to $22.00 and set an “outperform” rating on the stock in a research report on Monday, August 12th. Finally, Stifel Nicolaus decreased their target price on shares of Host Hotels & Resorts from $22.00 to $21.00 and set a “buy” rating on the stock in a research report on Thursday, August 1st. One analyst has rated the stock with a sell rating, four have issued a hold rating and ten have given a buy rating to the company’s stock. According to MarketBeat.com, Host Hotels & Resorts presently has an average rating of “Moderate Buy” and an average target price of $21.29.

Host Hotels & 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 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.