Equities analysts forecast that Host Hotels and Resorts Inc (NYSE:HST) will post earnings of $0.39 per share for the current fiscal quarter, Zacks reports. Eight analysts have issued estimates for Host Hotels and Resorts’ earnings. The highest EPS estimate is $0.40 and the lowest is $0.38. Host Hotels and Resorts posted earnings of $0.41 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 4.9%. The company is scheduled to report its next earnings report on Wednesday, February 28th.

On average, analysts expect that Host Hotels and Resorts will report full year earnings of $1.66 per share for the current year, with EPS estimates ranging from $1.65 to $1.67. For the next fiscal year, analysts forecast that the business will post earnings of $1.64 per share, with EPS estimates ranging from $1.59 to $1.67. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Host Hotels and Resorts.

Host Hotels and Resorts (NYSE:HST) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.33. Host Hotels and Resorts had a return on equity of 8.44% and a net margin of 11.11%. The business had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the business earned $0.37 EPS. The company’s revenue for the quarter was down 3.2% on a year-over-year basis.

HST has been the subject of a number of analyst reports. Raymond James Financial upgraded Host Hotels and Resorts from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a report on Monday, January 8th. BTIG Research upgraded Host Hotels and Resorts from a “neutral” rating to a “buy” rating and set a $22.00 price target for the company in a report on Monday, December 4th. Robert W. Baird set a $21.00 price target on Host Hotels and Resorts and gave the stock a “buy” rating in a report on Friday, December 1st. Wolfe Research initiated coverage on Host Hotels and Resorts in a report on Wednesday, November 29th. They issued a “market perform” rating for the company. Finally, Zacks Investment Research upgraded Host Hotels and Resorts from a “sell” rating to a “hold” rating in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the stock. Host Hotels and Resorts presently has a consensus rating of “Hold” and a consensus price target of $20.46.

Shares of Host Hotels and Resorts (NYSE:HST) opened at $20.36 on Monday. The company has a current ratio of 3.62, a quick ratio of 3.62 and a debt-to-equity ratio of 0.56. Host Hotels and Resorts has a fifty-two week low of $17.26 and a fifty-two week high of $20.82. The stock has a market capitalization of $15,068.20, a PE ratio of 25.45, a PEG ratio of 2.48 and a beta of 1.29.

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 15th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.93%. The ex-dividend date is Thursday, December 28th. Host Hotels and Resorts’s dividend payout ratio (DPR) is currently 100.00%.

In other news, EVP Elizabeth A. Abdoo sold 60,000 shares of the stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $20.45, for a total transaction of $1,227,000.00. Following the completion of the transaction, the executive vice president now directly owns 168,905 shares in the company, valued at approximately $3,454,107.25. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.70% of the company’s stock.

Several institutional investors have recently added to or reduced their stakes in HST. Kemper Corp Master Retirement Trust raised its position in shares of Host Hotels and Resorts by 0.3% during the 2nd quarter. Kemper Corp Master Retirement Trust now owns 26,195 shares of the real estate investment trust’s stock valued at $479,000 after acquiring an additional 75 shares in the last quarter. Sentry Investment Management LLC raised its position in shares of Host Hotels and Resorts by 0.9% during the 2nd quarter. Sentry Investment Management LLC now owns 53,698 shares of the real estate investment trust’s stock valued at $981,000 after acquiring an additional 499 shares in the last quarter. Pinebridge Investments L.P. raised its position in shares of Host Hotels and Resorts by 2.6% during the 2nd quarter. Pinebridge Investments L.P. now owns 79,425 shares of the real estate investment trust’s stock valued at $1,451,000 after acquiring an additional 1,995 shares in the last quarter. Investec Asset Management LTD raised its position in shares of Host Hotels and Resorts by 5.0% during the 2nd quarter. Investec Asset Management LTD now owns 48,100 shares of the real estate investment trust’s stock valued at $879,000 after acquiring an additional 2,300 shares in the last quarter. Finally, Eqis Capital Management Inc. raised its position in shares of Host Hotels and Resorts by 19.7% during the 3rd quarter. Eqis Capital Management Inc. now owns 17,018 shares of the real estate investment trust’s stock valued at $315,000 after acquiring an additional 2,803 shares in the last quarter.

TRADEMARK VIOLATION NOTICE: “Host Hotels and Resorts Inc (HST) Expected to Post Earnings of $0.39 Per Share” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at https://www.americanbankingnews.com/2018/01/15/host-hotels-and-resorts-inc-hst-expected-to-post-earnings-of-0-39-per-share.html.

About Host Hotels and Resorts

Host Hotels & Resorts, Inc (Host Inc) operates as a self-managed and self-administered real estate investment trust (REIT). The Company operates through hotel ownership segment. The Company operates through hotel ownership segment. The Company owned properties and conducted operations through Host Hotels & Resorts, L.P.

Get a free copy of the Zacks research report on Host Hotels and Resorts (HST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Host Hotels and Resorts (NYSE:HST)

Receive News & Ratings for Host Hotels and Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels and Resorts and related companies with MarketBeat.com's FREE daily email newsletter.