In the last trading session, 6.39 million shares of the Host Hotels & Resorts Inc (NASDAQ:HST) were traded, and its beta was 1.33. Most recently the company’s share price was $19.29, and it changed around $0.29 or 1.53% from the last close, which brings the market valuation of the company to $13.57B. HST currently trades at a discount to its 52-week high of $21.31, offering almost -10.47% off that amount. The share price’s 52-week low was $14.74, which indicates that the current value has risen by an impressive 23.59% since then. We note from Host Hotels & Resorts Inc’s average daily trading volume that its 3-month average coming to 5.79 million.
Host Hotels & Resorts Inc stock received a consensus recommendation rating of Hold, based on a mean score of 1.70. If we narrow it down even further, the data shows that 3 out of 21 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 11 recommended HST as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Host Hotels & Resorts Inc is expected to report earnings per share of $0.32 for the current quarter.
Host Hotels & Resorts Inc (NASDAQ:HST) trade information
Instantly HST has showed a green trend with a performance of 1.53% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -0.92% year-to-date, but still up 1.10% over the last five days. On the other hand, Host Hotels & Resorts Inc (NASDAQ:HST) is -7.48% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $21.32, which translates to bulls needing to increase their stock price by 9.52% from its current value. Analyst projections state that HST is forecast to be at a low of $18 and a high of $26.
Host Hotels & Resorts Inc (HST) estimates and forecasts
Host Hotels & Resorts Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 26.09 percent over the past six months and at a 2.60% annual growth rate that is well above the industry average of -3.00%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will loss -20.00% in revenue this quarter, and will report an increase of 13.80% in the next quarter. The year-over-year growth rate is expected to be 5.50%, up from the previous year.
Consensus estimates provided by 14 financial analysts predict the company will bring in an average of $1.42 billion in revenue for the current quarter. 14 analysts expect Host Hotels & Resorts Inc to make $1.47 billion in revenue for the quarter ending Jun 2024.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -6.69%. Host Hotels & Resorts Inc earnings are expected to increase by -5.69% in 2024, but the outlook is positive 28.40% per year for the next five years.
HST Dividends
Host Hotels & Resorts Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 3.76 percent and its annual dividend per share was 0.73. It is important to note, however, that the 3.76% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
