Host Hotels & Resorts Inc. Plans Quarterly Dividend of $0.13 (HST)
Host Hotels & Resorts (NYSE:HST) announced a quarterly dividend on Wednesday, February 19th, Stock Ratings Network reports. Shareholders of record on Monday, March 31st will be paid a dividend of 0.13 per share on Tuesday, April 15th. This represents a $0.52 annualized dividend and a dividend yield of 2.76%.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Host Hotels & Resorts in a research note on Wednesday, February 5th. They now have a $19.00 price target on the stock. On the ratings front, analysts at RBC Capital downgraded shares of Host Hotels & Resorts from a “top pick” rating to an “outperform” rating in a research note on Monday, January 6th. They now have a $21.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Nomura upgraded shares of Host Hotels & Resorts from a “neutral” rating to a “buy” rating in a research note on Monday, December 16th. They now have a $22.00 price target on the stock, up previously from $21.00. Seven investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $20.07.
Shares of Host Hotels & Resorts (NYSE:HST) opened at 18.86 on Wednesday. Host Hotels & Resorts has a 1-year low of $15.60 and a 1-year high of $19.71. The stock’s 50-day moving average is $18.87 and its 200-day moving average is $18.30. The company has a market cap of $14.263 billion and a price-to-earnings ratio of 69.56.
Host Hotels & Resorts (NYSE:HST) last announced its earnings results on Friday, February 28th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.02. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.30 billion. On average, analysts predict that Host Hotels & Resorts will post $1.29 earnings per share for the current fiscal year.
Host Hotels & Resorts, Inc (NYSE:HST), incorporated on September 28, 1998 operates as a self-managed and self-administered REIT.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.