Host Hotels & Resorts Q2 AFFO Rises
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 31 2024
0mins
Should l Buy HST?
Source: NASDAQ.COM
Financial Performance: Host Hotels & Resorts reported a second-quarter adjusted funds from operations of $399 million ($0.57 per share), an increase from $377 million ($0.53 per share) last year, with profits rising to $239 million ($0.34 per share) compared to $210 million ($0.29 per share) previously.
Future Projections: The company expects earnings between $683 to $741 million ($0.95 to $1.03 per share) and revenues of $5.62 billion to $5.73 billion for fiscal year 2024.
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Analyst Views on HST
Wall Street analysts forecast HST stock price to fall
9 Analyst Rating
5 Buy
4 Hold
0 Sell
Moderate Buy
Current: 21.290
Low
18.00
Averages
19.75
High
22.00
Current: 21.290
Low
18.00
Averages
19.75
High
22.00
About HST
Host Hotels & Resorts, Inc. is a lodging real estate investment trust. The Company owns luxury and upper-upscale hotels. The Company's operations are conducted solely through Host Hotels & Resorts, L.P. and its subsidiaries. The Company owns over 71 properties in the United States and five properties internationally totaling approximately 41,700 rooms. It also holds non-controlling interests in seven domestic joint ventures. The Company's properties include AC Hotel Scottsdale North, The Ritz-Carlton O'ahu, Turtle Bay, Grand Hyatt San Francisco, The Westin Denver Downtown, 1 Hotel Central Park, JW Marriott Atlanta Buckhead, JW Marriott Houston by The Galleria, Manchester Grand Hyatt San Diego, Hyatt Regency Reston, JW Marriott Hotel Rio de Janeiro, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Host Hotels & Resorts Receives Overweight Rating Upgrade
- Rating Upgrade: Host Hotels & Resorts (HST) has received an upgrade to an overweight rating, reflecting analysts' optimistic expectations for its future performance, which may attract more investor interest.
- Price Target Analysis: The average price target for the company is set at $21.68, indicating a positive outlook from analysts, and if achieved, it could provide substantial returns for existing shareholders.
- Market Reaction: The rating upgrade may lead to a short-term increase in HST's stock price, enhancing market confidence in its financial health and boosting investor buying interest.
- Investor Confidence: With the rating elevation, HST is likely to attract more institutional investor attention, further driving its market performance and stock price appreciation.
See More
Host Hotels Wins 2026 Nareit Leader in the Light Award
- Sustainability Achievements: Host Hotels has completed nearly 900 sustainability projects since 2020, resulting in $24 million in annual savings and average cash-on-cash returns of 13% to 20%, demonstrating significant effectiveness in sustainable investment and enhancing asset performance.
- Green Bond Financing: In 2025, Host successfully allocated $2.45 billion in green bond proceeds, supporting the growth of LEED-certified assets through acquisitions and major renovations, thereby strengthening its leadership in green investment.
- High Community Engagement: Host achieved a 91% participation rate in community impact initiatives, donating over 18,000 pieces of furniture to nonprofits, which reflects the company's commitment to social responsibility and strengthens ties with local communities.
- Industry Recognition: Host Hotels received the Nareit 2026 Leader in the Light Award for its innovative and responsible operational practices, highlighting the company's long-standing commitment to enhancing asset performance and supporting communities, further solidifying its leadership position in the REIT industry.
See More
Wells Fargo Increases Target Price for Host Hotels & Resorts, Inc. to $20 from $19
Price Increase Announcement: Wells Fargo has announced a price increase for its hotel and resort services, raising the target price from $19 to $20.
Market Impact: This change may influence market perceptions and customer decisions regarding hotel and resort bookings.
See More
Analysis of Host Hotels' Dividend Yield
- Dividend History Analysis: Host Hotels & Resorts Inc's dividend history chart indicates that the current 4.1% annualized dividend yield may persist amidst the company's profitability fluctuations, reflecting reasonable investor expectations for future earnings.
- Trading History Reference: The past 12 months of trading history for HST shows a current price of $19.60, and with a strike price of $19.85, investors must carefully assess the risks and rewards of selling covered calls, particularly regarding potential upside in stock price.
- Volatility Calculation: Based on the last 251 trading days' closing prices, Host Hotels' annualized volatility is calculated at 30%, providing investors with a basis for assessing risk and determining the appropriateness of options trading.
- Options Market Dynamics: On Tuesday, the put volume among S&P 500 components reached 871,581 contracts, while call volume was at 1.67M, resulting in a put:call ratio of 0.52, indicating a strong preference for call options among investors, reflecting a positive shift in market sentiment.
See More
Host Hotels Updates Q4 2025 Investor Presentation
- Investor Presentation Update: Host Hotels & Resorts has updated its investor presentation for Q4 2025, highlighting the company's strong market position in the luxury and upper-upscale hotel sectors, which is expected to attract more investor interest.
- Portfolio Overview: The company currently owns 71 properties in the U.S. and five internationally, totaling approximately 41,700 rooms, demonstrating its robust strength and market coverage in the hotel REIT sector.
- Joint Venture Interests: Host Hotels also holds non-controlling interests in seven domestic joint ventures, enhancing its flexibility and market adaptability within a diversified investment portfolio.
- Industry Leadership: As the largest lodging real estate investment trust in the U.S., Host Hotels' ongoing growth and expansion strategy will help maintain its leadership position in a highly competitive market.
See More
Host Hotels Reports Strong Q4 2025 Earnings and Strategic Asset Sales
- Strong Financial Performance: Host Hotels achieved an adjusted EBITDAre of $1.757 billion for 2025, reflecting a 4.6% year-over-year increase that exceeded initial guidance, demonstrating successful capital allocation and operational efficiency.
- Value Creation through Asset Sales: The company sold the Four Seasons hotels in Orlando and Jackson Hole for $1.1 billion, anticipating a taxable gain of approximately $500 million, with plans to return this to shareholders via a special dividend if no accretive acquisitions are identified, highlighting a commitment to shareholder value.
- Revenue Growth Momentum: In Q4 2025, comparable hotel total RevPAR increased by 5.4% year-over-year, with an EBITDA margin of 28%, despite a slight decline due to prior one-time benefits, indicating strong performance in food and beverage and ancillary spending.
- Optimistic Future Outlook: Management projects a midpoint adjusted EBITDAre of $1.770 billion for 2026, with RevPAR growth expected between 2.5% and 4%, and plans to invest $525 million to $625 million in capital expenditures focused on redevelopment and ROI projects, reflecting confidence in sustained growth.
See More
Host Hotels & Resorts Receives Overweight Rating Upgrade
- Rating Upgrade: Host Hotels & Resorts (HST) has received an upgrade to an overweight rating, reflecting analysts' optimistic expectations for its future performance, which may attract more investor interest.
- Price Target Analysis: The average price target for the company is set at $21.68, indicating a positive outlook from analysts, and if achieved, it could provide substantial returns for existing shareholders.
- Market Reaction: The rating upgrade may lead to a short-term increase in HST's stock price, enhancing market confidence in its financial health and boosting investor buying interest.
- Investor Confidence: With the rating elevation, HST is likely to attract more institutional investor attention, further driving its market performance and stock price appreciation.
See More
Host Hotels Wins 2026 Nareit Leader in the Light Award
- Sustainability Achievements: Host Hotels has completed nearly 900 sustainability projects since 2020, resulting in $24 million in annual savings and average cash-on-cash returns of 13% to 20%, demonstrating significant effectiveness in sustainable investment and enhancing asset performance.
- Green Bond Financing: In 2025, Host successfully allocated $2.45 billion in green bond proceeds, supporting the growth of LEED-certified assets through acquisitions and major renovations, thereby strengthening its leadership in green investment.
- High Community Engagement: Host achieved a 91% participation rate in community impact initiatives, donating over 18,000 pieces of furniture to nonprofits, which reflects the company's commitment to social responsibility and strengthens ties with local communities.
- Industry Recognition: Host Hotels received the Nareit 2026 Leader in the Light Award for its innovative and responsible operational practices, highlighting the company's long-standing commitment to enhancing asset performance and supporting communities, further solidifying its leadership position in the REIT industry.
See More
Wells Fargo Increases Target Price for Host Hotels & Resorts, Inc. to $20 from $19
Price Increase Announcement: Wells Fargo has announced a price increase for its hotel and resort services, raising the target price from $19 to $20.
Market Impact: This change may influence market perceptions and customer decisions regarding hotel and resort bookings.
See More
Analysis of Host Hotels' Dividend Yield
- Dividend History Analysis: Host Hotels & Resorts Inc's dividend history chart indicates that the current 4.1% annualized dividend yield may persist amidst the company's profitability fluctuations, reflecting reasonable investor expectations for future earnings.
- Trading History Reference: The past 12 months of trading history for HST shows a current price of $19.60, and with a strike price of $19.85, investors must carefully assess the risks and rewards of selling covered calls, particularly regarding potential upside in stock price.
- Volatility Calculation: Based on the last 251 trading days' closing prices, Host Hotels' annualized volatility is calculated at 30%, providing investors with a basis for assessing risk and determining the appropriateness of options trading.
- Options Market Dynamics: On Tuesday, the put volume among S&P 500 components reached 871,581 contracts, while call volume was at 1.67M, resulting in a put:call ratio of 0.52, indicating a strong preference for call options among investors, reflecting a positive shift in market sentiment.
See More
Host Hotels Updates Q4 2025 Investor Presentation
- Investor Presentation Update: Host Hotels & Resorts has updated its investor presentation for Q4 2025, highlighting the company's strong market position in the luxury and upper-upscale hotel sectors, which is expected to attract more investor interest.
- Portfolio Overview: The company currently owns 71 properties in the U.S. and five internationally, totaling approximately 41,700 rooms, demonstrating its robust strength and market coverage in the hotel REIT sector.
- Joint Venture Interests: Host Hotels also holds non-controlling interests in seven domestic joint ventures, enhancing its flexibility and market adaptability within a diversified investment portfolio.
- Industry Leadership: As the largest lodging real estate investment trust in the U.S., Host Hotels' ongoing growth and expansion strategy will help maintain its leadership position in a highly competitive market.
See More
Host Hotels Reports Strong Q4 2025 Earnings and Strategic Asset Sales
- Strong Financial Performance: Host Hotels achieved an adjusted EBITDAre of $1.757 billion for 2025, reflecting a 4.6% year-over-year increase that exceeded initial guidance, demonstrating successful capital allocation and operational efficiency.
- Value Creation through Asset Sales: The company sold the Four Seasons hotels in Orlando and Jackson Hole for $1.1 billion, anticipating a taxable gain of approximately $500 million, with plans to return this to shareholders via a special dividend if no accretive acquisitions are identified, highlighting a commitment to shareholder value.
- Revenue Growth Momentum: In Q4 2025, comparable hotel total RevPAR increased by 5.4% year-over-year, with an EBITDA margin of 28%, despite a slight decline due to prior one-time benefits, indicating strong performance in food and beverage and ancillary spending.
- Optimistic Future Outlook: Management projects a midpoint adjusted EBITDAre of $1.770 billion for 2026, with RevPAR growth expected between 2.5% and 4%, and plans to invest $525 million to $625 million in capital expenditures focused on redevelopment and ROI projects, reflecting confidence in sustained growth.
See More
