In the latest trading session, 0.66 million Host Hotels & Resorts Inc (NASDAQ:HST) shares changed hands as the company’s beta touched 1.34. With the company’s most recent per share price at $17.23 changed hands at -$0.36 or -2.05% at last look, the market valuation stands at $12.10B. HST’s current price is a discount, trading about -23.68% off its 52-week high of $21.31. The share price had its 52-week low at $14.74, which suggests the last value was 14.45% up since then. When we look at Host Hotels & Resorts Inc’s average trading volume, we note the 10-day average is 5.4 million shares, with the 3-month average coming to 8.26 million.
Analysts gave the Host Hotels & Resorts Inc (HST) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.76. If we narrow down to specifics, the data shows that 0 out of 11 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended HST as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Host Hotels & Resorts Inc’s EPS for the current quarter is expected to be 0.1.
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Host Hotels & Resorts Inc (NASDAQ:HST) trade information
Instantly HST was in red as seen in intraday trades today. With action -4.22%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -11.50%, with the 5-day performance at -4.22% in the red. However, in the 30-day time frame, Host Hotels & Resorts Inc (NASDAQ:HST) is -7.76% down. Looking at the short shares, we see there were 41.31 million shares sold at short interest cover period of 4.85 days.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 17.95% from its recent market value. According to analyst projections, HST’s forecast low is 17 with 26 as the target high. To hit the forecast high, the stock’s price needs a -50.9% plunge from its current level, while the stock would need to tank 1.33% for it to hit the projected low.
Host Hotels & Resorts Inc (HST) estimates and forecasts
Data shows that the Host Hotels & Resorts Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -10.86% over the past 6 months, a 2.08% in annual growth rate that is considerably higher than the industry average of -3.30%. Year-over-year growth is forecast to reach 6.00% up from the last financial year.
Consensus estimates given by 15 financial analysts project the company’s revenue in the current quarter to hit an average of 1.3B. 15 analysts are of the opinion that Host Hotels & Resorts Inc’s revenue for the current quarter will be 1.39B. The company’s revenue for the corresponding quarters a year ago was 1.21B and 1.32B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.70%. The estimates for the next quarter sales put growth at 5.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -6.69%. The 2024 estimates are for Host Hotels & Resorts Inc earnings to decrease by -4.68%, but the outlook for the next 5-year period is at -1.83% per year.
HST Dividends
Host Hotels & Resorts Inc is expected to release its next quarterly earnings report on 2024-Nov-06. The 4.64% annual yield figure for the share gives it an annual dividend of 0.80. It is important to note, however, that the 4.64% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.49 per year.
Host Hotels & Resorts Inc (NASDAQ:HST)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.31% of Host Hotels & Resorts Inc shares while 106.70% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 108.12%. There are 106.70% institutions holding the Host Hotels & Resorts Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 16.1797% of the shares, roughly 113.95 million HST shares worth $2.05 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.8732% or 76.58 million shares worth $1.38 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Jul 31, 2024 were Vanguard Specialized-Real Estate Index Fund and Vanguard Total Stock Market Index Fund. With 28.18 shares estimated at $481.76 million under it, the former controlled 4.00% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.16% of the shares, roughly 22.27 shares worth around $380.78 million.
