Host Hotels & Resorts (DB:HMT) - Stock Price, News & Analysis

HMT Stock Overview

An S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.

About the company

HMT fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	2/6
Financial Health	3/6
Dividends	5/6

Rewards

Trading at 47% below our estimate of its fair value

Earnings are forecast to grow 6.9% per year

Analysts in good agreement that stock price will rise by 23.7%

Risk Analysis

Has a high level of debt

Unstable dividend track record

Host Hotels & Resorts, Inc. Competitors

GSW Immobilien

DB:GIB

€5.0b

Ryman Hospitality Properties

NYSE:RHP

US$6.0b

Park Hotels & Resorts

NYSE:PK

US$3.0b

CapitaLand Ascott Trust

SGX:HMN

S$3.5b

Price History & Performance

Summary of all time highs, changes and price drops for Host Hotels & Resorts
Historical stock prices
Current Share Price	US$14.90
52 Week High	US$19.50
52 Week Low	US$14.10
Beta	1.34
11 Month Change	2.05%
3 Month Change	-8.02%
1 Year Change	2.05%
33 Year Change	9.53%
5 Year Change	-2.41%
Change since IPO	-15.59%

Recent updates

Shareholder Returns

	HMT	DE Hotel and Resort REITs	DE Market
7D	-5.7%	0%	0%
1Y	2.1%	0%	0%

Return vs Industry: HMT underperformed the German Hotel and Resort REITs industry which returned 6.7% over the past year.

Return vs Market: HMT underperformed the German Market which returned 4% over the past year.

Price Volatility

Is HMT's price volatile compared to industry and market?
HMT volatility
HMT Average Weekly Movement	4.7%
Hotel and Resort REITs Industry Average Movement	0%
Market Average Movement	0%
10% most volatile stocks in DE Market	0%
10% least volatile stocks in DE Market	0%

Stable Share Price: HMT has not had significant price volatility in the past 3 months.

Volatility Over Time: HMT's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1927	163	Jim Risoleo	www.hosthotels.com

Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 76 properties in the United States and five properties internationally totaling approximately 43,400 rooms. The Company also holds non-controlling interests in seven domestic and one international joint ventures.

Host Hotels & Resorts, Inc. Fundamentals Summary

How do Host Hotels & Resorts's earnings and revenue compare to its market cap?
HMT fundamental statistics
Market cap	€10.75b
Earnings (TTM)	€676.43m
Revenue (TTM)	€4.94b

15.7x

P/E Ratio

2.1x

P/S Ratio

Is HMT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HMT income statement (TTM)
Revenue	US$5.48b
Cost of Revenue	US$3.88b
Gross Profit	US$1.60b
Other Expenses	US$853.00m
Earnings	US$750.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.07
Gross Margin	29.26%
Net Profit Margin	13.69%
Debt/Equity Ratio	62.9%

How did HMT perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

48%

Payout Ratio

HMT Stock Overview

Rewards

Risk Analysis

Host Hotels & Resorts, Inc. Competitors

DB:GIB

€5.0b

NYSE:RHP

US$6.0b

NYSE:PK

US$3.0b

SGX:HMN

S$3.5b

Price History & Performance

Recent News & Updates

Second quarter 2024 earnings released: EPS: US$0.34 (vs US$0.29 in 2Q 2023)

Host Hotels & Resorts, Inc. (NasdaqGS:HST) acquired Sh Group Operations LLC for approximately $270 million.

Insufficient new directors

First quarter dividend of US$0.20 announced

Host Hotels & Resorts, Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2024

Host Hotels & Resorts, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Recent updates

Second quarter 2024 earnings released: EPS: US$0.34 (vs US$0.29 in 2Q 2023)

Host Hotels & Resorts, Inc. (NasdaqGS:HST) acquired Sh Group Operations LLC for approximately $270 million.

Insufficient new directors

First quarter dividend of US$0.20 announced

Host Hotels & Resorts, Inc. Announces Quarterly Cash Dividend, Payable on July 15, 2024

Host Hotels & Resorts, Inc. to Report Q2, 2024 Results on Jul 31, 2024

Host Hotels & Resorts, Inc. (NasdaqGS:HST) agreed to acquire Turtle Bay Resort Hotel, LLC for approximately $730 million.

Host Hotels & Resorts, Inc. (NasdaqGS:HST) agreed to acquire an unknown stake in Turtle Bay Resort Hotel, LLC for approximately $680 million.

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2024

First quarter 2024 earnings released: EPS: US$0.38 (vs US$0.40 in 1Q 2023)

Host Hotels & Resorts, Inc., Annual General Meeting, May 15, 2024

President recently sold €2.9m worth of stock

Upcoming dividend of US$0.20 per share

Host Hotels & Resorts, Inc. to Report Q1, 2024 Final Results on May 01, 2024

Fourth quarter dividend of US$0.20 announced

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2024

Full year 2023 earnings released: EPS: US$1.04 (vs US$0.89 in FY 2022)

Now 20% undervalued

Now 22% undervalued

Host Hotels & Resorts, Inc. to Report Q4, 2023 Results on Feb 21, 2024

Host Hotels & Resorts, Inc. Declares Regular Quarterly Cash Dividend, Payable on January 16, 2024

Third quarter 2023 earnings released: EPS: US$0.16 (vs US$0.16 in 3Q 2022)

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Year 2023

Host Hotels & Resorts, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Host Hotels & Resorts, Inc. Increases Third Quarter Cash Dividend, Payable on October 16, 2023

New major risk - Revenue and earnings growth

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2023

Second quarter 2023 earnings released: FFO per share: US$0.5 (vs US$0.58 in 2Q 2022)

Host Hotels & Resorts, Inc. to Report Q2, 2023 Results on Aug 02, 2023

Upcoming dividend of US$0.15 per share at 2.9% yield

Host Hotels & Resorts, Inc. Increases Second Quarter Cash Dividend, Payable on July 17, 2023

First quarter 2023 earnings released: FFO per share: US$0.5 (vs US$0.39 in 1Q 2022)

Host Hotels & Resorts, Inc. Revises Earnings Guidance for the Full Year 2023

Host Hotels & Resorts, Inc. Declares Regular Quarterly Cash Dividend, Payable on April 17, 2023

Full year 2022 earnings released: EPS: US$0.89 (vs US$0.015 loss in FY 2021)

Upcoming dividend of US$0.32 per share

Host Hotels & Resorts, Inc. Announces Special Dividend, Payable on January 17, 2023

Host Hotels & Resorts, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Host Hotels & Resorts, Inc. Announces the Appointment of Mari Sifo as Executive Vice President and Chief Human Resources Officer

Host Hotels & Resorts, Inc. (NasdaqGS:HST) acquired Four Seasons Resort and Residences Jackson Hole for $315 million.

Third quarter 2022 earnings released: EPS: US$0.16 (vs US$0.17 loss in 3Q 2021)

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2022

Host Hotels & Resorts, Inc. Appoints Diana M. Laing to Board of Directors

Upcoming dividend of US$0.12 per share

Host Hotels & Resorts, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.085 loss in 2Q 2021)

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Full Year 2022

Host Hotels & Resorts, Inc. to Report Q2, 2022 Results on Aug 03, 2022

Upcoming dividend of US$0.06 per share

Investor sentiment deteriorated over the past week

Executive VP & Chief Investment Officer recently sold €210k worth of stock

Host Hotels & Resorts, Inc. Announces Retirement of Joanne Hamilton as Executive Vice President

Host Hotels & Resorts, Inc. Announces Retirement of Joanne Hamilton as Executive Vice President

First quarter 2022 earnings released: FFO: US$1.08b per share (vs US$0.009 in 1Q 2021)

Host Hotels & Resorts, Inc. Provides Earnings Guidance for the Second Quarter of 2022

Insufficient new directors

MCR Investors LLC and Island Capital Group LLC acquired Sheraton New York Times Square Hotel from Host Hotels & Resorts, Inc. (NasdaqGS:HST) for approximately $370 million.

Host Hotels & Resorts, Inc., Annual General Meeting, May 19, 2022

Host Hotels & Resorts, Inc. to Report Q1, 2022 Results on May 04, 2022