Host Hotels & Resorts (HST) News
Market Cap: $10.50B
Avg Volume: 8.62M
Industry: REIT - Hotel & Motel
Sector: Real Estate
Host Hotels & Resorts: Deeply Undervalued Despite Recession Risks
Host Hotels & Resorts is trading at a significant discount to its intrinsic value, offering a compelling investment opportunity despite its capital-intensive business model. The company has a solid balance sheet, investment-grade ratings, and a well-covered dividend yield of roughly 6%. Recession risks are mitigated by geographic diversification, a focus on affluent customers, and a share price that appears to be already partially discounting an economic downturn.
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Host Hotels & Resorts Announces First Quarter 2025 Earnings Call to be Held on May 1, 2025
BETHESDA, Md., March 13, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, will report first quarter 2025 financial results on Wednesday, April 30, 2025, after the market close.
globenewswire.com
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Host Hotels & Resorts, Inc. (HST) Q4 2024 Earnings Call Transcript
Host Hotels & Resorts, Inc. (NASDAQ:HST ) Q4 2024 Earnings Conference Call February 20, 2025 10:00 AM ET Company Participants Jaime Marcus - SVP-IR Jim Risoleo - President and CEO Sourav Ghosh - EVP and CFO Conference Call Participants Michael Bellisario - Baird Smedes Rose - Citigroup Chris Woronka - Deutsche Bank David Katz - Jefferies Duane Pfennigwerth - Evercore ISI Chris Darling - Green Street Robin Farley - UBS Aryeh Klein - BMO Capital Markets Jay Kornreich - Wedbush Securities Floris van Dijkum - Compass Point Operator Good morning, and welcome to the Host Hotels & Resorts Fourth Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
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Host Hotels Q4 FFO & Revenues Top Estimates, Hotel RevPAR Rises
HST's Q4 results reflect higher revenues due to better comparable hotel total RevPAR, driven by improved food and beverage revenues from the group business.
zacks.com
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Host Hotels (HST) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Host Hotels (HST) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
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Host Hotels (HST) Surpasses Q4 FFO and Revenue Estimates
Host Hotels (HST) came out with quarterly funds from operations (FFO) of $0.44 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.44 per share a year ago.
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Host Hotels CEO James Risoleo: The higher-end consumer is 'very healthy'
James Risoleo, Host Hotels CEO, joins 'Closing Bell Overtime' to talk quarterly results, consumer travel trends, and more.
youtube.com
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Host Hotels & Resorts, Inc. Reports Results for 2024
$1.5 Billion of Acquisitions Completed in 2024 Full Year Comparable Hotel Total RevPAR Growth of 2.1% Balanced Maturity Schedule with Net Issuance of $900 Million of Senior Notes in 2024
globenewswire.com
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Gear Up for Host Hotels (HST) Q4 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Host Hotels (HST), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
zacks.com
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Host Hotels Gears Up to Report Q4 Earnings: Key Factors to Consider
HST's Q4 earnings are likely to have benefited from its group business demand and strategic capital allocations. However, high interest expenses raise concerns.
zacks.com
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5 High-Yield Dividend Stocks Wall Street Loves Priced Under $20
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential.
247wallst.com
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January's 5 Dividend Growth Stocks With 4.57%+ Yields
Dividend growth stocks, though not often the most exciting, can offer stable, predictable and inflation-fighting income over time. The screening parameters we look at include dividend safety, growth, and consistency, which can help more passive investors look for potential opportunities. This is then sorted by the highest dividend yield, and we look to provide quick updates or coverage on the top five, but skipping those that we have covered more.
seekingalpha.com
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Host Hotels & Resorts: The Discount To Peers Is Unwarranted
Host Hotels' stock is undervalued, with potential for a rebound as weather impacts ease and margin expansion is expected in 2025. Q3'24 results were strong, with revenue growth and strategic share buybacks, despite challenges from Maui wildfires and higher wages. The company's diversified portfolio and solid balance sheet provide flexibility for acquisitions and buybacks, enhancing shareholder value.
seekingalpha.com
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Host Hotels & Resorts Named a Global Sustainability Leader on Dow Jones Sustainability World Index for the Sixth Consecutive Year
BETHESDA, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust (“REIT”), has been named to the Dow Jones Sustainability World Index (DJSI World) for the sixth consecutive year, maintaining its position as a global sustainability leader. Additionally, the Company has been included in the DJSI North America for the eighth consecutive year.
globenewswire.com
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Is it Wise to Retain Host Hotels Stock in Your Portfolio Now?
HST to gain from its luxury hotels portfolio, strategic capital recycling and a healthy balance sheet. Macroeconomic uncertainty and high-interest expenses ail.
zacks.com
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World Beaters' 2024 Performance Review
One year ago, I selected a portfolio of 10 REITs for their double-digit dividend growth, believing they would outperform on share price and deliver superior total return. In this article, I hold myself accountable. The World Beaters portfolio underperformed in share price, contrary to expectations, achieving a total return of (-3.48)%. The portfolio ended the year out yielding the VNQ by 12 bps, but did not achieve the anticipated share price outperformance, despite sterling operating results.
seekingalpha.com
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Host Hotels & Resorts Announces Fourth Quarter 2024 Earnings Call to be Held on February 20, 2025
BETHESDA, Md., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, will report fourth quarter 2024 financial results on Wednesday, February 19, 2025, after the market close.
globenewswire.com
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Fed Ahead
Ahead of the Federal Reserve's critical interest rate decision next week, U.S. equity markets snapped a three-week winning streak as benchmark interest rates jumped to the cusp of five-month highs. Lukewarm CPI and PPI inflation reports were "good enough" to solidify another Fed rate cut next week, but "sticky" trends called into question the outlook for continued easing in 2025. After setting a series of fresh record-highs in the prior week, the S&P 500 slipped 0.6% this week, but still remains on pace for its best year since 2019.
seekingalpha.com
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Host Hotels Announces Special Dividend: Time to Hold the Stock?
Solid dividend payouts remain the biggest attraction for REIT investors, and HST's special dividend helps reach the total dividend figure for the year to 90 cents.
zacks.com
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Host Hotels & Resorts Announces Fourth Quarter Dividend and Special Dividend on Common Stock
BETHESDA, Md., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today announced that its board of directors authorized a regular quarterly cash dividend of $0.20 per share. In addition, the Company announced a special dividend of $0.10 per share, bringing the total dividends declared for the year to $0.90 per share. The dividend is payable on January 15, 2025, to stockholders of record as of December 31, 2024.
globenewswire.com
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Host Hotels (HST) Up 4.4% Since Last Earnings Report: Can It Continue?
Host Hotels (HST) reported earnings 30 days ago. What's next for the stock?
zacks.com
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Host Hotels Stock Rises 12.8% in 3 Months: Will the Trend Last?
Improvement in group travel demand and business transient demand, and capital-recycling moves are likely to aid HST's performance in the quarters ahead.
zacks.com
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Here's Why Host Hotels (HST) is a Strong Momentum Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
zacks.com
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Host Hotels & Resorts, Inc. (HST) Q3 2024 Earnings Call Transcript
Host Hotels & Resorts, Inc. (NASDAQ:HST ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Jamie Marcus - Senior Vice President-Investor Relations Jim Risoleo - President & Chief Executive Officer Sourav Ghosh - Executive Vice President & Chief Financial Officer Conference Call Participants Stephen Grambling - Morgan Stanley Michael Bellisario - Baird Smedes Rose - Citi David Katz - Jefferies Chris Darling - Green Street Ari Klein - BMO Capital Markets Chris Woronka - Deutsche Bank Robin Farley - UBS Duane Pfennigwerth - Evercore ISI Operator Good morning, and welcome to the Host Hotels & Resorts Third Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
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Host Hotels & Resorts Provides Updated Third Quarter 2024 Investor Presentation
BETHESDA, Md., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today provided an updated investor presentation for third quarter 2024 results. The investor presentation can be found on the Investor Relations section on the Company's website at https://www.hosthotels.com/#key-investors-materials .
globenewswire.com
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Host Hotels Q3 AFFO Meets Estimates, Revenues Up Y/Y, '24 View Lowered
HST's Q3 performance reflects a year-over-year rise in total revenues, backed by higher room, food and beverage and other revenues.
zacks.com
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Here's What Key Metrics Tell Us About Host Hotels (HST) Q3 Earnings
The headline numbers for Host Hotels (HST) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
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Host Hotels (HST) Q3 FFO Meet Estimates
Host Hotels (HST) came out with quarterly funds from operations (FFO) of $0.36 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.41 per share a year ago.
zacks.com
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Host Hotels Gears Up to Report Q3 Earnings: Key Factors to Consider
HST's Q3 earnings are likely to have benefited from its strategic capital allocations. However, high interest expenses raise concerns.
zacks.com
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Jaws Mustang Acquisition Corporation Suspends Pursuit of Hospitality Business Combination
MIAMI BEACH, Fla. , Nov. 1, 2024 /PRNewswire/ -- Jaws Mustang Acquisition Corporation (NYSEA: JWSM), a special purpose acquisition company ("Jaws"), has suspended pursuit of its previously announced hospitality business combination.
prnewswire.com
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These REITs Trade At Discounts, But Should They?
There are substantial valuation gaps among REIT sectors, with some justified by fundamentals and others representing mispricing, providing investment opportunities in undervalued sectors. Hotels and office REITs face significant challenges, including erratic earnings, high costs, and post-COVID demand shifts, making them risky investments despite low multiples. Diversified and retail REITs are undervalued; diversified REITs are misunderstood, and retail REITs have growth potential due to long-term lease roll-ups.
seekingalpha.com
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Host Hotels & Resorts: An Undervalued REIT With Growth Potential
Host Hotels & Resorts is significantly undervalued, trading at a single-digit FFO multiple, offering a 4.55% dividend yield, and potential for double-digit total returns. Despite its capital-intensive model and economic sensitivity, Host Hotels benefits from high-end properties, geographic diversification, and a strong balance sheet. Recent acquisitions, including The Ritz-Carlton O'ahu, demonstrate management's ability to add value through strategic purchases and renovations, enhancing long-term growth potential.
seekingalpha.com
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Is It Wise to Retain Host Hotels Stock in Your Portfolio Now?
HST is well-poised to benefit from the improvement in the group business. However, macroeconomic uncertainty adds to its woes.
zacks.com
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Dividend Increases: 5 Potential Payout Hikes For Q4 2024
Let's talk about companies that are serious about dividend hikes. I'm talking about recent payout raises of 25%, 67% and even 120%.
forbes.com
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Buy These 5 S&P 500 Blue Chips Today and You Also Grab the Big Dividends
24/7 Wall St. Insights Quality dividend stocks will be in favor as rates trend lower.
247wallst.com
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Host Hotels & Resorts Announces Third Quarter 2024 Earnings Call to be Held on November 7, 2024
BETHESDA, Md., Sept. 20, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, will report third quarter 2024 financial results on Wednesday, November 6, 2024, after the market close.
globenewswire.com
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Going Ex-Dividend
Just over a tenth of the stocks in the S&P 500 are going ex-dividend in the next two weeks. If the ex-dividend date is 9/20/24, for example, you'd need to own shares as of the close on 9/19/24 to capture the dividend. Some of the highest-yielding stocks going ex-dividend in the next two weeks include Eversource Energy, Philip Morris International, Franklin Resources, US Bancorp, and Host Hotels.
seekingalpha.com
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Host Hotels & Resorts Announces Third Quarter Dividend
BETHESDA, Md., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today announced that its board of directors authorized a regular quarterly cash dividend of $0.20 per share. The dividend is payable on October 15, 2024, to stockholders of record as of September 30, 2024.
globenewswire.com
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Host Hotels & Resorts Wins Nareit's 2024 Diversity Impact Award
BETHESDA, Md., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust (“REIT”), was named the winner of Nareit's prestigious 2024 Diversity Impact Award for large cap REITs, which was presented at Nareit's REITworks 2024 Sustainability & Social Responsibility Conference on September 11, 2024.
globenewswire.com
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3 High-Yield Stocks with Major Upside, According to Analysts
Last Friday, Federal Reserve Chair Jerome Powell provided the most unambiguous indication yet that the central bank is preparing to lower historically high interest rates in September. While he didn't specify the exact amount of the rate cut, most experts anticipate a quarter-point reduction.
marketbeat.com
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Inflation Cools in July: 4 Sector ETFs & Stocks to Thrive
The annual inflation rate in the United States slowed for a fourth successive month in July 2024.
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Why REITs May Pummel Tech
REITs have been one of the worst-performing sectors since early 2022. However, REITs have recently become one of the best-performing sectors, outperforming tech stocks and the S&P 500 by a wide margin. We share why this trend is likely to continue moving forward.
seekingalpha.com
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Host Hotels & Resorts Announces Pricing Of $700 Million Of 5.500% Senior Notes Due 2035, By Host Hotels & Resorts, L.P.
BETHESDA, Md., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today announced that Host Hotels & Resorts, L.P. ("Host L.P."), for whom the Company acts as sole general partner, has priced its offering (the "Offering") of $700 million aggregate principal amount of 5.500% Senior Notes due 2035 (the "Notes"). The Notes are the Company's senior unsecured obligations. The Offering is expected to close on August 12, 2024, subject to the satisfaction or waiver of customary closing conditions.
globenewswire.com
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Host Hotels & Resorts: Attractive Valuation If You Don't Mind The Conservative Capital Structure
Host Hotels & Resorts is a lodging REIT focused on luxury and upper upscale hotels, primarily under the Marriott and Hyatt brands. The company has significantly underperformed the Vanguard Real Estate Index Fund ETF in 2024. Q2 2024 results showed 7.5% Y/Y adjusted FFO growth thanks to expense control, higher occupancy, and share repurchases.
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Behind The Curve
U.S. equity markets tumbled in a volatile week, while benchmark interest rates plunged by the most since December 2008 after employment data showed decisive evidence of weakening labor market conditions. Volatility was amplified by a confluence of central bank policy decisions, a hit-and-miss slate of corporate earnings results, an intensification of geopolitical risks, and a re-pricing of domestic political expectations. Among several weak employment reports, the critical nonfarm payrolls report showed that the unemployment rate jumped to the highest level since 2021 in July, and the report was even weaker under-the-surface.
seekingalpha.com
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Host Hotels & Resorts Provides Updated Second Quarter 2024 Investor Presentation
BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today provided an updated investor presentation for second quarter 2024 results. The investor presentation can be found on the Investor Relations section on the Company's website at https://www.hosthotels.com/#key-investors-materials.
globenewswire.com
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Host Hotels & Resorts, Inc. (HST) Q2 2024 Earnings Call Transcript
Host Hotels & Resorts, Inc. (NASDAQ:HST ) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET Company Participants Jaime Marcus - Senior Vice President of Investor Relations Jim Risoleo - President and Chief Executive Officer Sourav Ghosh - Executive Vice President and Chief Financial Officer Conference Call Participants David Katz - Jefferies Chris Darling - Green Street Chris Woronka - Deutsche Bank Dori Kesten - Wells Fargo Michael Bellisario - Baird Shaun Kelley - Bank of America Duane Pfennigwerth - Evercore ISI Smedes Rhodes - Citi Robin Farley - UBS Stephen Grambling - Morgan Stanley Bill Crow - Raymond James Operator Good morning, and welcome to the Host Hotels & Resorts Second Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
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Host Hotels (HST) Beats Q2 AFFO Estimates, Lowers '24 View
Host Hotels (HST) posts better-than-expected Q2 AFFO on higher revenues, aided by improvements in group and contract business. However, it lowers its 2024 guidance.
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This Etsy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
benzinga.com
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Host Hotels (HST) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Host Hotels (HST) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
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Host Hotels (HST) Tops Q2 FFO Estimates
Host Hotels (HST) came out with quarterly funds from operations (FFO) of $0.57 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to FFO of $0.53 per share a year ago.
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Host Hotels & Resorts Acquires 1 Hotel Central Park and Completes Acquisition of The Ritz-Carlton O'ahu, Turtle Bay
BETHESDA, Md., July 31, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (“Host” or the “Company”), the nation's largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in the 234-room 1 Hotel Central Park (the “Property”) for approximately $265 million in cash. The acquisition price represents an 11.1x EBITDA multiple or a cap rate of approximately 8.1% on the Property's 2024 estimated results1.
globenewswire.com
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Host Hotels & Resorts, Inc. Reports Results for the Second Quarter 2024
Acquisitions of 1 Hotel Central Park and The Ritz-Carlton O'ahu, Turtle Bay Acquisitions of 1 Hotel Central Park and The Ritz-Carlton O'ahu, Turtle Bay
globenewswire.com
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Here's Why Host Hotels (HST) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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Host Hotels & Resorts Publishes 2024 Corporate Responsibility Report
BETHESDA, Md., July 30, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust (“REIT”), released its 2024 Corporate Responsibility (CR) Report, which details the Company's CR program and strategy along with its environmental, social and governance initiatives and industry-leading accomplishments. Additionally, the 2024 CR Report provides an update on the Company's performance and progress toward its 2030 environmental and social targets, which are mapped to the Company's aspirational vision of becoming net positive by 2050.
globenewswire.com
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What's in the Offing for Host Hotels (HST) in Q2 Earnings?
Host Hotels' (HST) Q2 earnings are likely to have benefited from the continued improvement in group business and business transient demand. However, high interest rates raise concerns.
zacks.com
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Why Host Hotels (HST) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
zacks.com
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Is It Wise to Retain Host Hotels (HST) Stock in Your Portfolio?
Host Hotels (HST) is poised to benefit from the improvement in the group business and a gradual recovery in business transient, though macroeconomic uncertainty and elevated interest rates remain concerns.
zacks.com
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Host Hotels & Resorts Announces Second Quarter Dividend
BETHESDA, Md., June 13, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today announced that its board of directors authorized a regular quarterly cash dividend of $0.20 per share. The dividend is payable on July 15, 2024, to stockholders of record as of June 28, 2024.
globenewswire.com
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The 3 Most Undervalued REITs to Buy in June 2024
Undervalued REIT stocks are a solid addition to any investment portfolio. They provide exposure to the real estate industry, which can be very profitable without requiring much capital upfront to invest in properties.
investorplace.com
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Host Hotels & Resorts Announces Second Quarter 2024 Earnings Call to be Held on August 1, 2024
BETHESDA, Md., June 04, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, will report second quarter 2024 financial results on Wednesday, July 31, 2024, after the market close.
globenewswire.com
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Eyes On The ECB
U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.
seekingalpha.com
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Host Hotels (HST) to Acquire Turtle Bay Resort in Hawaii
Host Hotels (HST) is set to acquire Turtle Bay Resort for $680 million to further expand and diversify its strong presence in Hawaii.
zacks.com
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Host Hotels & Resorts Enters into Agreement to Acquire Turtle Bay Resort in Hawaii
Host intends to flag the hotel with The Ritz-Carlton brand at closing Host intends to flag the hotel with The Ritz-Carlton brand at closing
globenewswire.com
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Sell Alert: 2 REITs Getting Risky
I invest 50% of my portfolio in REITs. I know from past experiences that you need to be very selective. Here are 2 REITs that I would avoid today.
seekingalpha.com
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Surprise Spring Slowdown
U.S. equity markets climbed to fresh record highs, while benchmark interest rates dipped to one-month lows after a critical slate of inflation and retail sales data showed an unexpected cooldown. Reflecting the mounting quantity of downside economic surprises, the Citi Economic Surprise Index dipped to the lowest level since early 2023, indicating a rather abrupt reversal in economic momentum. Mildly encouraging inflation news and sluggish retail sales data lifted bets that the Fed can cut rates multiple times this year. Climbing to fresh record highs, the S&P 500 gained 1.6%.
seekingalpha.com
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Host Hotels & Resorts, Inc. Announces Pricing Of $600 Million Of 5.700% Senior Notes Due 2034, a Green Bond, By Host Hotels & Resorts, L.P.
BETHESDA, Md., May 07, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today announced that Host Hotels & Resorts, L.P. (“Host L.P.”), for whom the Company acts as sole general partner, has priced its offering (the “Offering”) of $600 million aggregate principal amount of 5.700% Senior Notes due 2034 (the “Notes”). The Notes are Host L.P.'s senior unsecured obligations. The Offering is expected to close on May 10, 2024, subject to the satisfaction or waiver of customary closing conditions.
globenewswire.com
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The Labor Downshift
U.S. equity markets advanced for a second week while benchmark interest rates retreated from five-month highs after a critical slate of employment data showed a long-awaited cooldown in hiring trends. Foreshadowed by "dovish" remarks from Fed Chair Powell at the FOMC's policy meeting, payrolls data showed that job growth slowed to six-month lows while wage growth cooled to three-year lows. Following its best week since November, the S&P 500 advanced 0.6%, while bonds caught a bid this week across the yield and maturity curve.
seekingalpha.com
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Host Hotels & Resorts Provides Updated First Quarter 2024 Investor Presentation
BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today provided an updated investor presentation for first quarter 2024 results. The investor presentation can be found on the Investor Relations section on the Company's website at https://www.hosthotels.com/#key-investors-materials.
globenewswire.com
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Host Hotels & Resorts, Inc. (HST) Q1 2024 Earnings Call Transcript
Host Hotels & Resorts, Inc. (NASDAQ:HST ) Q1 2024 Results Conference Call May 2, 2024 11:00 AM ET Company Participants Jaime Marcus - Senior Vice President of Investor Relations Jim Risoleo - President and Chief Executive Officer Sourav Ghosh - Executive Vice President and Chief Financial Officer Conference Call Participants Michael Bellisario - Baird Shaun Kelley - Bank of America Aryeh Klein - BMO Smedes Rose - Citi Stephen Grambling - Morgan Stanley Bill Crow - Raymond James Duane Pfennigwerth - Evercore ISI Robin Farley - UBS David Katz - Jefferies Chris Woronka - Deutsche Bank Operator Good morning, and welcome to the Host Hotels & Resorts First Quarter 2024 Earnings Conference Call. Today's conference is being recorded.
seekingalpha.com
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Host Hotels' (HST) Q1 AFFO Beat Estimates, Revenues Up Y/Y
Host Hotels (HST) posts better-than-expected Q1 results on higher revenues aided by improvements in group and contract business. It has also raised its 2024 AFFO per share outlook.
zacks.com
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Host Hotels' (HST) Q1 AFFO Beat, Room & F&B Revenues Rise
Host Hotels' (HST) Q1 results outshine estimates on higher revenues, driven by a rise in room & F&B revenues.
zacks.com
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Host Hotels (HST) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Host Hotels (HST) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
zacks.com
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Host Hotels & Resorts, Inc. Reports Results for the First Quarter 2024
Acquired 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown Acquired 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown
globenewswire.com
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Host Hotels & Resorts Acquires 1 Hotel Nashville and Embassy Suites by Hilton Nashville Downtown
BETHESDA, Md., May 01, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in a two-hotel complex comprising the 215-room 1 Hotel Nashville and the 506-room Embassy Suites by Hilton Nashville Downtown (together, the “Property”) for approximately $530 million in cash. The acquisition price represents a 12.6x EBITDA multiple or a cap rate of approximately 7.4% on the Property's 2024 estimated results1.
globenewswire.com
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What's in the Offing for Host Hotels (HST) in Q1 Earnings?
Host Hotels' (HST) Q1 earnings are likely to have benefited from the continued recovery in group travel and business transient demand. However, high interest expenses raise concerns.
zacks.com
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Countdown to Host Hotels (HST) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
Beyond analysts' top -and-bottom-line estimates for Host Hotels (HST), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
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Host Hotels & Resorts: Probably The Best House In A Bad Neighborhood
Despite the generally unattractive nature of the travel industry, particularly affected by economic cycles and competition, Host Hotels & Resorts is probably one of the best lodging REITs. Host Hotels has demonstrated resilience with healthy profit margins, a strategic buyback program, and significant returns on sustainability investments, outperforming many of its peers even in challenging conditions. Looking ahead, Host Hotels expects continued revenue growth per available room but faces potential pressures on margins due to rising costs. The company also faces competition from alternative accommodation providers.
seekingalpha.com
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4 Sector ETFs & Stocks to Benefit From Hot Inflation
U.S. inflation jumped in March, surpassing expectations primarily due to higher petrol and shelter costs, dashing hopes of a June interest rate cut by the Fed.
zacks.com
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Buy 5 S&P 500 Laggards of Q1 Likely to Gather Pace in Q2
We have narrowed our search to five S&P 500 stocks that lagged the index in the first quarter. These are: ADP, TEL, HST, JKHY, WELL.
zacks.com
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5 REIT Types To Avoid
I think that REITs are today offering a historic opportunity. But that does not mean that all REITs are good investments. I discuss 5 categories of REITs to avoid at all cost.
seekingalpha.com
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What Makes Host Hotels (HST) a New Strong Buy Stock
Host Hotels (HST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
zacks.com
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Host Hotels & Resorts (HST) Up 2.4% Since Last Earnings Report: Can It Continue?
Host Hotels & Resorts (HST) reported earnings 30 days ago. What's next for the stock?
zacks.com
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3 REITs to Pick as the Fed Indicates 3 Rate Cuts in 2024
The Fed's indication for three rate cuts this year should give REIT investors enough reason to rejoice.
zacks.com
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4 Stocks Trading Near 52-Week High That Can Climb Further
Investors target stocks that have been on a bullish run lately. Stocks like HST, EAT, DVA and PPC that are seeing price strength have a high chance of carrying the momentum forward.
zacks.com
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4 Stocks to Gain From Recently Announced Dividend Hikes
Host Hotels & Resorts, Inc. (HST), Wheaton Precious Metals Corp. (WPM), Colgate-Palmolive Company (CL) and Verisk Analytics, Inc. (VRSK) recently hiked dividends.
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Host Hotels & Resorts Announces First Quarter 2024 Earnings Call to be Held on May 2, 2024
BETHESDA, Md., March 15, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, will report first quarter 2024 financial results on Wednesday, May 1, 2024, after the market close.
globenewswire.com
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3 Reasons Why Growth Investors Shouldn't Overlook Host Hotels (HST)
Host Hotels (HST) possesses solid growth attributes, which could help it handily outperform the market.
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3 Equity REIT Stocks Worth Betting On Despite Industry Hiccups
Despite broad-based economic uncertainty, the Zacks REIT and Equity Trust - Other industry players such as IRM, HST and GOOD are likely to benefit from healthy industrial real estate market fundamentals and improving demand.
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Here's Why Host Hotels (HST) is an Apt Portfolio Pick for Now
Improved group and business transient travel demand, capital-recycling efforts and healthy balance sheet strength are likely to support Host Hotels (HST).
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Host Hotels & Resorts: Should You Lodge In This 3.8% Yielding Hotel REIT?
Host Hotels & Resorts is currently paying out a 3.8% dividend yield and declared a special dividend of $0.25 per share during its fourth quarter. The REIT is set to grow fiscal 2024 FFO by 6 cents over 2023 at the midpoint of its guidance range. Healthy dividend coverage has opened up the possibility of another special dividend in 2024 with the REIT currently swapping hands for 10.6x, the midpoint of its 2024 FFO guidance range.
seekingalpha.com
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Winners Of REIT Earnings Season
Over 200 U.S. REITs and homebuilders have reported fourth-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. Beneath the "Rates Up, REITs Down" headwinds, REITs delivered a surprisingly solid earnings season, and certainly better than the downbeat prevailing narrative of "CRE distress" would suggest. Consistent with the "Tale of Two Economies" trends that we've discussed, upside surprises this earnings season came largely from the service-oriented pro-cyclical property sectors - retail, hotel, and specialty REITs.
seekingalpha.com
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Wall Street's Most Accurate Analysts Say Buy These 3 Real Estate Stocks With Over 3% Dividend Yields - Alexandria Real Estate (NYSE:ARE), Host Hotels & Resorts (NASDAQ:HST)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
benzinga.com
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Picking A Winner In Hotel REITs
Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards services like travel and leisure, which bodes well for Hotel REITs. Hotel REITs have posted the fourth-best total returns among REIT sectors in 2024, indicating their potential for future growth.
seekingalpha.com
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Green giants: Eco-friendly REITs leading the sustainability charge
The landscape of investment is evolving fast, driven by the surge in interest in eco-friendly environmental, social, and governance (ESG) stocks, particularly among millennials and Generation Z. Companies that ignore such principles now risk significant backlash as ethical considerations become increasingly important in the business world.
finbold.com
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Host Hotels & Resorts Provides Updated Fourth Quarter 2023 Investor Presentation
BETHESDA, Md., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST) (the “Company”), the nation's largest lodging real estate investment trust, today provided an updated investor presentation for fourth quarter 2023 results. The investor presentation can be found on the Investor Relations section on the Company's website at https://www.hosthotels.com/#key-investors-materials.
globenewswire.com
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Host Hotels' (HST) Q4 FFO Meets Estimates, Occupancy Up Y/Y
Host Hotels (HST) posts better-than-expected Q4 results on higher revenues aided by occupancy growth and improvements in group and contract business. It issued an upbeat 2024 AFFO per share outlook.
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