TSX drops after Canadian index edges higher in prior session
Investing.com - UBS maintained its Neutral rating and $18.00 price target on Host Hotels (NASDAQ:HST) on Wednesday, citing the company’s joint ownership strategy as a key element of its business model. The company, currently trading at $17.38 with a market capitalization of $12.12 billion, shows strong financial metrics according to InvestingPro data, with an impressive 8.38% revenue growth in the last twelve months.
The investment firm highlighted that Host Hotels’ joint ownership approach provides management with unique opportunities to partner and cross-sell meeting and events space offerings across properties.
UBS specifically mentioned the 9,300 square foot ballroom at the Embassy Suites as part of this strategy, noting that such coordination helps maximize revenue and profit from these spaces.
The firm expressed a constructive view on Host Hotels, indicating the company is well positioned to benefit from property acquisition opportunities in the future.
UBS attributed this advantage to Host Hotels being the only lodging REIT with an investment grade balance sheet, giving it a competitive edge in the market.
In other recent news, Host Hotels & Resorts reported its second-quarter 2025 earnings, surpassing analyst expectations with an earnings per share of $0.32, compared to the forecasted $0.22. The company also reported revenue of $1.59 billion, exceeding projections of $1.5 billion. Following these results, UBS raised its price target for Host Hotels from $17.00 to $18.00, maintaining a Neutral rating on the stock. Host Hotels also announced a quarterly cash dividend of $0.20 per share, payable on October 15, 2025, to stockholders of record as of September 30, 2025. These developments highlight the company’s strong financial performance in the second quarter, as revenue per available room and earnings before interest, taxes, depreciation, and amortization exceeded market expectations.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
