Host Hotels & Resorts, Inc. (NASDAQ: HST) Expected to generate Q1 2021 earnings per share of ($ 0.09)
Host Hotels & Resorts, Inc. (NASDAQ: HST) – Stock analysts at Jefferies Financial Group increased their first quarter 2021 earnings estimates for Host Hotels & Resorts in a research report released on Tuesday, April 27. Jefferies Financial Group analyst D. Katz now expects the company to post earnings of ($ 0.09) per share for the quarter, up from its previous forecast of ($ 0.12). Jefferies Financial Group has a âHoldâ rating and a target price of $ 17.00 on the stock. Jefferies Financial Group also released estimates for Host Hotels & Resorts second quarter 2021 profit at ($ 0.03), 2021 third quarter profit at $ 0.06, 2021 fourth quarter profit at 0.12. USD and the profit for fiscal year 2021 to 0.06 USD.
The HST has been the subject of a number of other reports. Barclays raised its price target on Host Hotels & Resorts shares from $ 16.00 to $ 21.00 and assigned the company an “overweight” rating in a research note on Thursday, March 18. Deutsche Bank Aktiengesellschaft raised its price target on Host Hotels & Resorts shares from $ 17.00 to $ 19.00 and gave the company a “buy” rating in a research note on Monday February 22 . Raymond James downgraded Host Hotels & Resorts shares from an âoutperformanceâ rating to a âmarket performanceâ rating in a Tuesday January 12th report. BTIG Research raised its price target on Host Hotels & Resorts shares from $ 17.00 to $ 19.00 and gave the company a âbuyâ rating in a report on Friday March 12. Finally, Morgan Stanley raised its price target on Host Hotels & Resorts shares from $ 10 to $ 15 and gave the company an “equal weight” rating in a report on Wednesday, Jan. 20. Three investment analysts rated the stock with a sell rating, nine assigned a sustaining rating and six issued a buy rating to the company. The company has an average hold rating and a consensus target price of $ 15.03.
Host Hotels & Resorts shares opened at $ 18.43 on Friday. The company has a market cap of $ 13.00 billion, a PE ratio of -22.20 and a beta of 1.38. Host Hotels & Resorts has a 12 month minimum of $ 9.06 and a 12 month maximum of $ 18.50. The company’s 50-day average mobile price is $ 17.36, and its 200-day average mobile price is $ 15.41. The company has a current ratio of 31.40, a quick ratio of 31.40 and a debt ratio of 0.89. Host Hotels & Resorts (NASDAQ: HST) last released its quarterly results on Thursday, February 18. The company reported earnings per share of ($ 0.09) for the quarter, beating the Zacks consensus estimate of ($ 0.42) by $ 0.33. Host Hotels & Resorts posted a negative net margin of 21.88% and a negative return on equity of 8.55%.
A number of institutional investors have recently bought and sold HST shares. PGGM Investments strengthened its position in Host Hotels & Resorts by 2.7% in the 4th quarter. PGGM Investments now owns 24,274,476 shares of the company valued at $ 355,136,000 after purchasing an additional 643,000 shares during the period. Daiwa Securities Group Inc. strengthened its position in Host Hotels & Resorts by 18.8% in the 4th quarter. Daiwa Securities Group Inc. now owns 16,491,521 shares of the company valued at $ 241,271,000 after purchasing an additional 2,613,819 shares during the period. Norges Bank acquired a new position in Host Hotels & Resorts in the 4th quarter valued at approximately $ 165,577,000. Charles Schwab Investment Management Inc. strengthened its position in Host Hotels & Resorts by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 8,851,818 shares of the company valued at $ 129,503,000 after purchasing an additional 220,290 shares during the period. Finally, Brookfield Asset Management Inc. strengthened its position in Host Hotels & Resorts by 5.8% in the 4th quarter. Brookfield Asset Management Inc. now owns 8,501,584 shares of the company valued at $ 124,378,000 after purchasing an additional 463,800 shares during the period. Hedge funds and other institutional investors own 95.67% of the company’s shares.
Host Hotels & Resorts Company Profile
Host Hotels & Resorts, Inc is an S&P 500 company and is the largest accommodation real estate investment fund and one of the largest owners of luxury and upscale hotels. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.
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