Host Hotels & Resorts (NASDAQ:HST – Get Free Report) issued an update on its FY24 earnings guidance on Wednesday morning. The company provided EPS guidance of $1.92-1.94 for the period, compared to the consensus EPS estimate of $1.96. The company issued revenue guidance of $5.637 billion, compared to the consensus revenue estimate of $5.62 billion. Host Hotels & Resorts also updated its FY 2024 guidance to 1.920-1.920 EPS.
Host Hotels & Resorts Stock Up 0.1 %
NASDAQ HST traded up $0.01 on Friday, hitting $18.01. 8,591,568 shares of the company were exchanged, compared to its average volume of 5,947,194. The company has a current ratio of 4.55, a quick ratio of 4.55 and a debt-to-equity ratio of 0.64. The company has a market cap of $12.65 billion, a PE ratio of 17.49, a PEG ratio of 1.61 and a beta of 1.32. The stock has a fifty day moving average of $17.65 and a 200-day moving average of $17.76. Host Hotels & Resorts has a 12 month low of $15.71 and a 12 month high of $21.31.
Host Hotels & Resorts Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.44%. The ex-dividend date of this dividend was Monday, September 30th. Host Hotels & Resorts’s payout ratio is 77.67%.
Analyst Ratings Changes
About Host Hotels & Resorts
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 72 properties in the United States and five properties internationally totaling approximately 42,000 rooms.
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