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

Host Hotels & Resorts (NASDAQ:HST) will likely be announcing its earnings results after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.15 per share and revenue of $1.37 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Host Hotels & Resorts Stock Performance

Shares of NASDAQ HST opened at $16.49 on Wednesday. The company has a market cap of $11.53 billion, a PE ratio of 16.01 and a beta of 1.30. Host Hotels & Resorts has a 12 month low of $15.71 and a 12 month high of $21.31. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.90 and a quick ratio of 2.90. The company has a 50-day simple moving average of $17.53 and a 200-day simple moving average of $17.50.

Host Hotels & Resorts Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.85%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 77.67%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on HST shares. StockNews.com downgraded shares of Host Hotels & Resorts from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Wells Fargo & Company lifted their price target on shares of Host Hotels & Resorts from $21.00 to $22.00 and gave the stock an “overweight” rating in a report on Monday, December 9th. UBS Group lowered their price target on shares of Host Hotels & Resorts from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Tuesday, January 28th. Stifel Nicolaus lowered their target price on shares of Host Hotels & Resorts from $21.00 to $20.50 and set a “buy” rating for the company in a report on Friday, November 22nd. Finally, Compass Point raised shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating and upped their price target for the stock from $18.00 to $22.00 in a research report on Thursday, October 17th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $20.96.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.