Host Hotels & Resorts, Inc.

HST

US44107P1049

Specialized REITs

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-16 EDT			5-day change	1st Jan Change
18.75 ^USD	+1.46%		+1.79%	-3.70%

05-15	Transcript : Host Hotels & Resorts, Inc. - Shareholder/Analyst Call
05-14	Morgan Stanley Adjusts Price Target on Host Hotels & Resorts to $18 From $19	MT

Host Hotels & Resorts, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 01, 2024 at 04:50 pm

Host Hotels & Resorts, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 853 million compared to USD 820 million a year ago. Revenue was USD 1,471 million compared to USD 1,381 million a year ago.

Net income was USD 268 million compared to USD 287 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.38 compared to USD 0.4 a year ago.

Latest news about Host Hotels & Resorts, Inc.

Transcript : Host Hotels & Resorts, Inc. - Shareholder/Analyst Call	05-15
Morgan Stanley Adjusts Price Target on Host Hotels & Resorts to $18 From $19	05-14	MT
Wedbush Adjusts Price Target on Host Hotels & Resorts to $22 From $23	05-08	MT
Deutsche Bank Adjusts Price Target on Host Hotels & Resorts to $24 From $25, Buy Rating Kept	05-03	MT
JPMorgan Trims Host Hotels & Resorts' Price Target to $20 From $21	05-02	MT
Stifel Adjusts Host Hotels & Resorts' Price Target to $22 From $21.50	05-02	MT
Hotels & Resorts Seeks Acquisition Opportunities	05-02	CI
Transcript : Host Hotels & Resorts, Inc., Q1 2024 Earnings Call, May 02, 2024	05-02
Host Hotels & Resorts Q1 Adjusted FFO, Revenue Rise; Company Buys 1 Hotel Nashville, Embassy Suites For $530 Million	05-01	MT
Host Hotels & Resorts beats Q1 estimates on higher business travel demand	05-01	RE
Host Hotels & Resorts, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-01	CI
Earnings Flash (HST) HOST HOTELS & RESORTS Posts Q1 Revenue $1.47B	05-01	MT
Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2024	05-01	CI
Host Hotels & Resorts, Inc. acquired 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown from Starwood Capital Operations, LLC, Crescent Real Estate LLC and High Street Real Estate Partners for approximately $530 million.	04-30	CI
Host Hotels & Resorts to Buy 1 Hotel Nashville, Embassy Suites in Over $500 Million Deal	04-29	MT
BMO Capital Adjusts Host Hotels & Resorts' Price Target to $23 From $24, Keeps Outperform Rating	04-22	MT
UBS Lowers Host Hotels & Resorts Price Target to $20 from $21, Neutral Rating Kept	04-19	MT
Lodging REIT Quarterly Results Likely Benefitted From Upper Upscale Chain Strength, Oppenheimer Says	04-05	MT
Host Hotels & Resorts Insider Sold Shares Worth $3,116,535, According to a Recent SEC Filing	03-22	MT
Host Hotels & Resorts Insider Sold Shares Worth $591,959, According to a Recent SEC Filing	03-22	MT
Wells Fargo Adjusts Price Target on Host Hotels & Resorts to $23 From $22, Maintains Overweight Rating	03-21	MT
Raymond James Raises Price Target on Host Hotels & Resorts to $23 From $19, Keeps Outperform Rating	03-15	MT
Barclays Raises Price Target on Host Hotels & Resorts to $25 From $23, Maintains Overweight Rating	03-15	MT
Truist Securities Adjusts Price Target on Host Hotels & Resorts to $24 From $21, Maintains Hold Rating	03-14	MT
UBS Adjusts Host Hotels & Resorts Price Target to $21 From $18, Maintains Neutral Rating	03-11	MT

Chart Host Hotels & Resorts, Inc.

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Company Profile

Host Hotels & Resorts, Inc. specializes in owning, operating, and managing hotels. Net sales break down by activity as follows: - hospitality services (61.1%); - restaurant services (29.8%); - other (9.1%): primarily real estate leasing. As of 23/02/2024, the group had a portfolio composed of 77 hotels (41,972 rooms) located in the United States (72), Brazil (3), and Canada (2). Net sales are distributed geographically as follows: the United States (98.3%), Canada (1,3%), and Brazil (0.4%).

Sector

Specialized REITs

Calendar

2024-07-30 - Q2 2024 Earnings Release (Projected)

Related indices

S&P 500

More about the company

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Ratings for Host Hotels & Resorts, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

18.75 USD

Average target price

22.75 USD

Spread / Average Target

+21.33%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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