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Host Hotels & Resorts Inc HST Stock Quote

| Rating as of

NASDAQ: HST

Last close prices updated as of Jan 31, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 18.53
  • Sector Real Estate
  • Industry REIT - Hotel & Motel
  • Investment Style Mid Blend
  • Day Range 18.53  –  18.91
  • Year Range 15.10  –  21.63
  • Market Cap 13.4783 Bil
  • Volume / Avg 7.0 Mil /  6.6 Mil
  • Price / Sales 2.86
  • Price / Book 1.95
  • Forward Div Yield 2.81%
  • Trailing Div Yield 2.81%

Morningstar‘s Stock Analysis HST

Valuation
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Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

EBITDA Margins for Host Hotels Should Stabilize Well Above the Prior Peak; Raising FVE to $24

Kevin Brown Senior Analyst

Analyst Note

| Kevin Brown |

We are raising our fair value estimate for no-moat Host Hotels & Resorts to $24 from $18.50 after incorporating third-quarter results and increasing our estimate for comparable EBITDA margins for the company’s hotel portfolio. We believe that hotels often have difficulty enacting many cost-saving programs during periods of economic growth due to pushback from the hotel labor unions but can achieve major gains during periods of economic instability when the unions are willing to make concessions. Therefore, while EBITDA margins fell from around 29% at the prior hotel sector peak in 2019 to negative territory during the height of the pandemic, Host was able to cut operating costs in many categories that should lead to long-term efficiencies. EBITDA margins for the same-store portfolio rebounded to 21.7% in 2021, and management believes that figure should rise to between 31.6% and 31.9% for 2022. We believe that as inflation drives daily rates higher and business travel slowly comes back online that hotel EBITDA margins will eventually stabilize at 34%, well above the prior peak. We think Host is currently trading at an attractive discount to its fair value estimate as we believe that investors are not only discounting the remaining gains to revenue per available room left for the company as business travel picks up but are also discounting the long-term efficiencies the company should realize over the coming years.

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Key Statistics HST

Company Profile HST

Business Description

Host Hotels & Resorts owns 78 predominantly urban and resort upper-upscale and luxury hotel properties representing over 42,000 rooms, mainly in the United States. Host recently sold off the company's interests in a joint venture owning a portfolio of hotels throughout Europe and also sold other joint ventures that owned properties in Asia and the United States. The majority of Host’s portfolio operates under the Marriott and Starwood brands.

Contact
4747 Bethesda Avenue, Suite 1300
Bethesda, MD, 20814
Industry REIT - Hotel & Motel
Employees 160

Related Articles HST

FAQs for Host Hotels & Resorts Inc Stock

Yes. HST has a forward dividend yield of 2.81%. See HST’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

HST’s market cap is 13.48 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

HST’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

HST’s price/sales is 2.86.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

HST’s price/forward earnings is 16.92.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

HST’s price/book is 1.95.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See HST’s valuation ratios compared to the Market Index.

HST’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare HST’s historical performance against its industry peers and the overall market.