NYSE:HST

Stock Analysis Report

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Executive Summary

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. More Details


Snowflake Analysis

High growth potential and good value.


Similar Companies

Share Price & News

How has Host Hotels & Resorts's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

6.3%

HST

-0.4%

US REITs

-0.4%

US Market


1 Year Return

-30.2%

HST

-14.2%

US REITs

18.3%

US Market

Return vs Industry: HST underperformed the US REITs industry which returned -14.2% over the past year.

Return vs Market: HST underperformed the US Market which returned 18.3% over the past year.


Shareholder returns

HSTIndustryMarket
7 Day6.3%-0.4%-0.4%
30 Day14.2%5.5%8.0%
90 Day10.9%2.6%9.4%
1 Year-28.0%-30.2%-10.8%-14.2%21.0%18.3%
3 Year-32.3%-40.1%14.9%1.3%42.1%32.7%
5 Year-16.3%-32.8%40.4%12.2%85.6%64.7%

Price Volatility Vs. Market

How volatile is Host Hotels & Resorts's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Host Hotels & Resorts undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HST ($11.64) is trading below our estimate of fair value ($82.09)

Significantly Below Fair Value: HST is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: HST is poor value based on its PE Ratio (89.3x) compared to the US REITs industry average (34.5x).

PE vs Market: HST is poor value based on its PE Ratio (89.3x) compared to the US market (19.2x).


Price to Earnings Growth Ratio

PEG Ratio: HST is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: HST is good value based on its PB Ratio (1.2x) compared to the US REITs industry average (1.4x).


Next Steps

Future Growth

How is Host Hotels & Resorts forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?

109.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HST's forecast earnings growth (109.6% per year) is above the savings rate (2.2%).

Earnings vs Market: HST's earnings (109.6% per year) are forecast to grow faster than the US market (22.1% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HST's revenue (24.4% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: HST's revenue (24.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HST is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Host Hotels & Resorts performed over the past 5 years?

4.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HST has a large one-off gain of $284.0M impacting its June 30 2020 financial results.

Growing Profit Margin: HST's current net profit margins (2.5%) are lower than last year (19.8%).


Past Earnings Growth Analysis

Earnings Trend: HST's earnings have grown by 4.1% per year over the past 5 years.

Accelerating Growth: HST's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HST had negative earnings growth (-91.5%) over the past year, making it difficult to compare to the REITs industry average (5.1%).


Return on Equity

High ROE: HST's Return on Equity (1.4%) is considered low.


Next Steps

Financial Health

How is Host Hotels & Resorts's financial position?


Financial Position Analysis

Short Term Liabilities: HST's short term assets ($1.6B) exceed its short term liabilities ($68.0M).

Long Term Liabilities: HST's short term assets ($1.6B) do not cover its long term liabilities ($5.3B).


Debt to Equity History and Analysis

Debt Level: HST's debt to equity ratio (66.8%) is considered high.

Reducing Debt: HST's debt to equity ratio has increased from 54.5% to 66.8% over the past 5 years.

Debt Coverage: HST's debt is not well covered by operating cash flow (13.5%).

Interest Coverage: Insufficient data to determine if HST's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Host Hotels & Resorts's current dividend yield, its reliability and sustainability?

1.70%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if HST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HST's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: HST is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of HST's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Jim Risoleo (64 yo)

3.75yrs

Tenure

US$9,434,465

Compensation

Mr. James F. Risoleo , also known as Jim, serves as the President, Chief Executive Officer and Director of Host Hotels & Resorts Inc., a General Partner of Host Hotels & Resorts LP since January 2017. Mr. ...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD9.43M) is about average for companies of similar size in the US market ($USD7.31M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Risoleo
President3.75yrsUS$9.43m0.069%
$ 5.6m
Nathan Tyrrell
Executive VP & Chief Investment Officer3.75yrsUS$3.39m0.019%
$ 1.6m
Joanne Hamilton
Executive Vice President of Human Resources & Corporate Responsibility10.75yrsUS$2.01m0.011%
$ 931.9k
Michael Lentz
Executive Vice President of Development4.58yrsUS$1.72m0.0054%
$ 441.0k
Sourav Ghosh
Executive VP0.083yrno data0.0062%
$ 510.6k
Tejal Engman
Senior Vice President of Investor Relationno datano datano data
Julie Aslaksen
Executive VP0.92yrno datano data
Jeffrey Clark
Senior Vice President of Global Tax & Foreign JV Accountingno datano datano data
Sukhvinder Singh
Senior Vice President of Information Technologyno datano datano data
Christopher Ostapovicz
Senior Vice President of Asset Managementno datano datano data
Joseph Ottinger
Senior Vice Presidentno datano datano data
Brian MacNamara
Senior VP & Corporate Controller13.08yrsno data0.0085%
$ 692.2k

3.8yrs

Average Tenure

56yo

Average Age

Experienced Management: HST's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Risoleo
President3.75yrsUS$9.43m0.069%
$ 5.6m
Richard Marriott
Chairman of the Board27.75yrsUS$805.68k0.80%
$ 65.3m
John Morse
Independent Director17.25yrsUS$276.66k0.015%
$ 1.3m
Walter Rakowich
Independent Director8.58yrsUS$295.76k0.0061%
$ 501.6k
Sandeep Mathrani
Independent Director4.25yrsUS$290.76k0.0044%
$ 358.4k
Arthur Stein
Independent Director3.25yrsUS$271.52k0.0030%
$ 246.3k
Mary Baglivo
Independent Director7.25yrsUS$304.39k0.0058%
$ 472.1k
Sheila Colleen Bair
Independent Director8yrsUS$294.36k0.00014%
$ 11.5k
Gordon Smith
Lead Independent Director1.58yrsUS$295.04k0.011%
$ 919.7k
Mary Preusse
Independent Director3.33yrsUS$278.37k0.0032%
$ 258.6k

5.8yrs

Average Tenure

65yo

Average Age

Experienced Board: HST's board of directors are considered experienced (5.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Host Hotels & Resorts, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Host Hotels & Resorts, Inc.
  • Ticker: HST
  • Exchange: NYSE
  • Founded: 1927
  • Industry: Hotel and Resort REITs
  • Sector: Real Estate
  • Implied Market Cap: US$8.182b
  • Market Cap: US$8.209b
  • Shares outstanding: 712.72m
  • Website: https://www.hosthotels.com

Number of Employees


Location

  • Host Hotels & Resorts, Inc.
  • 4747 Bethesda Avenue
  • Suite 1300
  • Bethesda
  • Maryland
  • 20817
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HSTNYSE (New York Stock Exchange)YesCommon StockUSUSDAug 1968
HMTDB (Deutsche Boerse AG)YesCommon StockDEEURAug 1968
0J66LSE (London Stock Exchange)YesCommon StockGBUSDAug 1968
H1ST34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COMBRBRLDec 2019

Biography

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 75 pro ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 00:12
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.