Host Hotels & Resorts

Host Hotels & Resorts, Inc. is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. The firm operates through the Hotel Ownership segment. Its properties are located in the U.S., Brazil, Canada, and Mexico. The company was founded in 1927 and is headquartered in Bethesda, MD.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Host Hotels & Resorts reports robust performance and strategic growth outlook

Host Hotels & Resorts showcased resilience and adaptability in navigating challenges while capitalizing on opportunities for growth. With a focus on sustainability, strategic investments, and operational efficiency, the company remains well-positioned for long-term success despite macroeconomic uncertainties.

Host Hotels & Resorts excels in Q1 performance and strategic growth

Host Hotels & Resorts reported strong Q1 performance and raised full-year RevPAR growth guidance, driven by robust group booking activity and operational efficiency.
While facing challenges in the San Francisco market and group travel volume decline, the company remains well-positioned with strategic growth initiatives and a solid financial position.
Opportunities lie in potential investments, continuous rate strength in group business, technology integration for operational efficiencies, and strategic decision-making through partnerships.
Investor Day scheduled for May 22nd and 23rd in Orlando, Florida, providing a platform to showcase future growth strategies and engage with stakeholders.

Host Hotels & Resorts reports resilient Q2 performance and growth opportunities

Host Hotels & Resorts delivered a solid performance in Q2 2023, with improvements in RevPAR and strong group business.
While facing challenges such as rising labor and insurance costs, the company remains financially stable and committed to shareholder value.
Opportunities lie in continued growth projections, strategic capital investments, and upcoming corporate rate negotiations.
Overall, Host Hotels & Resorts shows resilience and adaptability in navigating market dynamics and driving future success.

Host Hotels & Resorts reports strong Q3 performance and eyes growth opportunities amidst challenges

Host Hotels & Resorts showcased resilience in Q3 with strong operational performance and exceeded financial expectations.
While facing challenges in Maui's recovery and market uncertainties, the company maintains an optimistic outlook on industry recovery.
Strategic strengths in balance sheet management and asset performance position Host for growth opportunities and enhanced guest experience.
Proactive measures in place for market challenges in Austin and opportunities for acquisitions signal a forward-looking approach.

Host Hotels & Resorts reports strong 2023 performance and eyes growth through acquisitions

Host Hotels & Resorts showcased a solid financial performance in 2023, positioning itself well for growth and acquisitions in 2024. While facing challenges like Maui wildfires and lead time impacts, the company remains optimistic about capitalizing on opportunities and maintaining a strong balance sheet.

Host Hotels & Resorts posts strong Q1 results amidst market challenges

Host Hotels & Resorts delivered a solid Q1 performance with revenue growth and strategic acquisitions
Despite challenges in transient revenue and international travel, the company remains optimistic about future growth
Management's focus on portfolio strength, balance sheet health, and market opportunities positions the company well
Overall, Host Hotels & Resorts shows resilience and adaptability in navigating market dynamics

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Host Hotels & Resorts, Inc. is a real estate investment trust, which engages in the management of luxury and upper-upscale hotels. It operates through the following geographical segments: United States, Brazil, and Canada. The company was founded in 1927 and is headquartered in Bethesda, MD.

Airbnb

Armada Hoffler Properties

CTO Realty Growth

Kimco Realty

NET Lease Office Properties

Ventas

Welltower

W. P. Carey

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.

These REITs Trade At Discounts, But Should They?

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.

Host Hotels & Resorts: An Undervalued REIT With Growth Potential

HST is well-poised to benefit from the improvement in the group business. However, macroeconomic uncertainty adds to its woes.

Is It Wise to Retain Host Hotels Stock in Your Portfolio Now?

Deere & Company

Equinix

First Citizens BancShares

Graco

Let's talk about companies that are serious about dividend hikes. I'm talking about recent payout raises of 25%, 67% and even 120%.

Dividend Increases: 5 Potential Payout Hikes For Q4 2024

Franklin Resources

Boston Properties

Realty Income Corp

U.S. Bancorp

24/7 Wall St. Insights Quality dividend stocks will be in favor as rates trend lower.

Buy These 5 S&P 500 Blue Chips Today and You Also Grab the Big Dividends

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.

Host Hotels & Resorts Announces Third Quarter 2024 Earnings Call to be Held on November 7, 2024

Comcast

Cisco Systems

Eversource Energy

Mondelez

Medtronic

Philip Morris

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.

Going Ex-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.

Host Hotels & Resorts Announces Third Quarter Dividend

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.

Host Hotels & Resorts Wins Nareit's 2024 Diversity Impact Award

Energy Transfer LP Unit

Vodafone Group

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.

3 High-Yield Stocks with Major Upside, According to Analysts

Brinker International

Advisorshares Restaurant ETF

FedEx

Intuitive Surgical

Real Estate Select Sector SPDR Fund

Health Care Select Sector SPDR Fund

SPDR S&P Transportation ETF

The annual inflation rate in the United States slowed for a fourth successive month in July 2024.

Inflation Cools in July: 4 Sector ETFs & Stocks to Thrive

Prologis

When the Federal Reserve starts cutting interest rates, bonds lose some of their luster, making dividend payers more attractive.

3 Dividend Stocks To Watch As Fed Weighs Interest Rate Cuts

Agree Realty

Camden Property

EPR Properties

Mid-America Apartment Communities

Invesco QQQ

Cohen & Steers Quality Income Realty Fund

Simon Property Group

SPDR S&P 500 ETF Trust

Vanguard Real Estate ETF

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.

Why REITs May Pummel Tech

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.

Host Hotels & Resorts Announces Pricing Of $700 Million Of 5.500% Senior Notes Due 2035, By Host Hotels & Resorts, L.P.

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.

Host Hotels & Resorts: Attractive Valuation If You Don't Mind The Conservative Capital Structure

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.

Host Hotels & Resorts Provides Updated Second Quarter 2024 Investor Presentation

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.

Host Hotels & Resorts, Inc. (HST) Q2 2024 Earnings Call Transcript

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.

Host Hotels (HST) Beats Q2 AFFO Estimates, Lowers '24 View

Etsy

Bunge Global SA

Public Storage

Voya Financial

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.

This Etsy Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Thursday

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.

Host Hotels (HST) Q2 Earnings: Taking a Look at Key Metrics Versus 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.

Host Hotels (HST) Tops Q2 FFO Estimates

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.

Host Hotels & Resorts Acquires 1 Hotel Central Park and Completes Acquisition of The Ritz-Carlton O'ahu, Turtle Bay

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

Host Hotels & Resorts, Inc. Reports Results for the Second Quarter 2024

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.

Here's Why Host Hotels (HST) is a Strong Value Stock

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.

Host Hotels & Resorts Publishes 2024 Corporate Responsibility Report

News for Host Hotels & Resorts Stock (HST)