Host Hotels and Resorts (HST) Scheduled to Post Earnings on Monday

Host Hotels and Resorts (NYSE:HST) will be announcing its earnings results after the market closes on Monday, April 2nd. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Host Hotels and Resorts has set its FY18 guidance at $1.60-1.70 EPS.

Host Hotels and Resorts (NYSE:HST) last announced its quarterly earnings data on Wednesday, February 21st. The real estate investment trust reported $0.42 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.27. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.34 billion. Host Hotels and Resorts had a net margin of 10.47% and a return on equity of 7.97%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.17 earnings per share. On average, analysts expect Host Hotels and Resorts to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

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Shares of NYSE HST opened at $18.64 on Friday. The company has a quick ratio of 3.51, a current ratio of 3.51 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $13,683.83, a price-to-earnings ratio of 11.03, a PEG ratio of 2.23 and a beta of 1.31. Host Hotels and Resorts has a 1 year low of $17.26 and a 1 year high of $21.53.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Thursday, March 29th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.29%. The ex-dividend date is Wednesday, March 28th. Host Hotels and Resorts’s payout ratio is currently 47.34%.

HST has been the subject of several analyst reports. BTIG Research raised shares of Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Monday, December 4th. Boenning Scattergood reissued a “buy” rating on shares of Host Hotels and Resorts in a research note on Friday, February 23rd. Barclays reissued an “equal weight” rating and issued a $21.00 price objective (up previously from $20.00) on shares of Host Hotels and Resorts in a research note on Monday, February 26th. Deutsche Bank set a $23.00 price objective on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Friday, February 9th. Finally, Cantor Fitzgerald set a $21.00 price objective on shares of Host Hotels and Resorts and gave the stock a “buy” rating in a research note on Friday, February 23rd. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $20.71.

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About Host Hotels and Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

Earnings History for Host Hotels and Resorts (NYSE:HST)

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