How Will Host Hotels & Resorts Inc (NASDAQ: HST) Perform In Months To Come?

NOVA

Host Hotels & Resorts Inc (NASDAQ:HST) has a beta value of 1.33 and has seen 7.73 million shares traded in the last trading session. The company, currently valued at $13.28B, closed the last trade at $18.87 per share which meant it lost -$0.32 on the day or -1.67% during that session. The HST stock price is -12.93% off its 52-week high price of $21.31 and 21.89% above the 52-week low of $14.74. The 3-month trading volume is 5.77 million shares.

Host Hotels & Resorts Inc (NASDAQ:HST) trade information

Sporting -1.67% in the red in last session, the stock has traded in the red over the last five days, when the HST stock price touched $18.87 or saw a rise of 5.03%. Year-to-date, Host Hotels & Resorts Inc shares have moved -3.08%, while the 5-day performance has seen it change -2.18%. Over the past 30 days, the shares of Host Hotels & Resorts Inc (NASDAQ:HST) have changed -8.88%.

Host Hotels & Resorts Inc (HST) estimates and forecasts

Figures show that Host Hotels & Resorts Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 26.96% over the past 6 months, with this year growth rate of 2.60%, compared to -2.50% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -20.00% and 13.80% for the next quarter. Revenue growth from the last financial year stood is estimated to be 5.40%.

14 analysts offering their estimates for the company have set an average revenue estimate of $1.43 billion for the current quarter. 14 have an estimated revenue figure of $1.47 billion for the next quarter concluding in Jun 2024.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -6.69% over the past 5 years. Earnings growth for 2024 is a modest -5.82% while over the next 5 years, the company’s earnings are expected to increase by 28.40%.

HST Dividends

Host Hotels & Resorts Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.73 at a share yield of 3.87%. The company’s dividend yield has gone up over the past 12 months.