Host Hotels & Resorts (NASDAQ:HST) Given New $23.00 Price Target at Truist Financial

Host Hotels & Resorts (NASDAQ:HST) had its target price boosted by Truist Financial from $21.00 to $23.00 in a report released on Thursday morning,Benzinga reports. Truist Financial currently has a buy rating on the stock.

A number of other equities analysts have also recently commented on HST. JPMorgan Chase & Co. boosted their price target on Host Hotels & Resorts from $20.00 to $21.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Citigroup upped their price target on shares of Host Hotels & Resorts from $19.00 to $22.00 and gave the company a “buy” rating in a research report on Tuesday, February 24th. Wells Fargo & Company raised their price objective on Host Hotels & Resorts from $19.00 to $20.00 and gave the stock an “overweight” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Host Hotels & Resorts in a research note on Tuesday, January 13th. Finally, Robert W. Baird set a $20.00 target price on Host Hotels & Resorts in a report on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Host Hotels & Resorts currently has a consensus rating of “Moderate Buy” and an average price target of $20.43.

Host Hotels & Resorts Stock Down 0.3%

NASDAQ HST opened at $19.42 on Thursday. The company has a market cap of $13.36 billion, a price-to-earnings ratio of 17.65, a PEG ratio of 2.26 and a beta of 1.13. The company has a current ratio of 2.59, a quick ratio of 2.59 and a debt-to-equity ratio of 0.77. The company has a 50 day moving average of $19.26 and a 200-day moving average of $18.06. Host Hotels & Resorts has a 1-year low of $12.22 and a 1-year high of $21.00.

Host Hotels & Resorts (NASDAQ:HST) last released its earnings results on Wednesday, February 18th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.27). The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.49 billion. Host Hotels & Resorts had a net margin of 12.51% and a return on equity of 11.54%. The business’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.44 earnings per share. Host Hotels & Resorts has set its FY 2026 guidance at 2.030-2.110 EPS. On average, equities research analysts expect that Host Hotels & Resorts will post 1.88 earnings per share for the current fiscal year.

Host Hotels & Resorts Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.1%. Host Hotels & Resorts’s dividend payout ratio is 72.73%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Zions Bancorporation National Association UT lifted its position in shares of Host Hotels & Resorts by 89.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,658 shares of the company’s stock worth $29,000 after buying an additional 781 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Host Hotels & Resorts in the 2nd quarter valued at about $29,000. Clearstead Advisors LLC raised its position in shares of Host Hotels & Resorts by 79.6% in the third quarter. Clearstead Advisors LLC now owns 1,773 shares of the company’s stock valued at $30,000 after purchasing an additional 786 shares during the period. MUFG Securities EMEA plc purchased a new stake in shares of Host Hotels & Resorts during the second quarter worth $32,000. Finally, Hantz Financial Services Inc. lifted its holdings in Host Hotels & Resorts by 234.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,911 shares of the company’s stock worth $33,000 after purchasing an additional 1,339 shares in the last quarter. 98.52% of the stock is owned by institutional investors.

About Host Hotels & Resorts

Host Hotels & Resorts, Inc is a real estate investment trust (REIT) focused on owning and managing premium lodging properties. The company’s portfolio predominantly comprises luxury and upper-upscale hotels and resorts operated under leading global brands. Through strategic acquisitions, dispositions and capital investments, Host Hotels & Resorts seeks to enhance long-term value by aligning property-level operating performance with broader market trends in hospitality demand.

The company’s holdings span major urban, resort and conference destinations across North America, Europe and the Asia-Pacific region.