5 stories mentioning HSTUpdated 20d ago
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Host Hotels & Resorts (HST) has an average rating of overweight and mean price target of $23.39, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $23.30, Change: $+0.12, Percent Change: +0.52%
The lodging and leisure sector delivered strong Q1 earnings, but stocks reacted modestly because expectations were already high, BofA Securities said in a note on Monday.For the quarter, 14 of 17 lodging and leisure companies beat earnings estimates by about 5% on average, according to the note.Companies also raised their 2026 earnings before interest, taxes, depreciation, and amortization outlooks by an average of 1.3%, mainly reflecting the strong Q1 results rather than higher expectations for future quarters, the analysts said."Sentiment was the highest in recent years heading into earnings, resulting in muted stock reactions," the analysts said, adding that they believe company outlooks may still be conservative.BofA raised its price targets for Apple Hospitality REIT (APLE) to $13.50 from $13, for Host Hotels & Resorts (HST) to $23.50 from $22.00, and for Marriott Vacations Worldwide (VAC) to $70 from $65.Price: $13.93, Change: $-0.20, Percent Change: -1.44%
Host Hotels & Resorts (HST) has an average rating of overweight and mean price target of $22.61, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $22.06, Change: $-0.21, Percent Change: -0.94%
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We increase our target by $2 to $23 on a forward P/FFO of 10.9x our 2026 FFO estimate, a premium to peers and HST's three-year forward average (8.9x) due to a stronger 2026 travel outlook and recently redeveloped properties driving higher revenue per average room (RevPAR) this year. We increase our 2026 FFO estimate by $0.05 to $2.11 and leave our 2027 view unchanged at $2.15. San Francisco showed remarkable recovery boosted by the Super Bowl and accelerating business travel as resorts in Florida/Phoenix saw stronger-than-normal Q1 performance. Weather-related disruptions in Hawaii and the East Coast negative impacted RevPAR by 120 bps in Q1, while the outlook for growth in 2H 2026 implies growth slowing to 1%-2% range. Productivity improvements have helped to offset some of the 5% Y/Y growth in wages, but this cost inflation is a risk we continue to monitor. We do not currently expect any acquisitions, with management setting a high IRR bar and favoring buybacks and special dividends currently.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:HST reported Q1 2026 revenue of $1.6B (+3.2% Y/Y), $49M above consensus, with FFO per share of $0.67 (+4.7% Y/Y) beating consensus by $0.06. Comparable total RevPAR increased 4.6% Y/Y to $418.20, with hotel EBITDA margins expanding 70 bps to 32.7% and occupancy improving 40 bps to 70.3%, driven by strong performance in Miami (+14.9%), San Francisco/San Jose (+25.6%), and Jacksonville (+16.1%). We believe HST's strategic renovations with Hyatt and Marriott, including $19M in operating guarantees expected in 2026, support long-term asset value enhancement and competitive positioning. Management raised FY 2026 guidance with FFO now expected at $2.10-$2.16 per share and comparable hotel RevPAR growth of 3.5%-5.0%. We expect continued benefit from FIFA World Cup events and special events driving modest improvements to group bookings. HST maintains a robust balance sheet with $3.4B in total liquidity including $1.7B cash, providing flexibility for $175-$210M in transformational capital investments.
