Stifel analysts maintain Buy rating on Host Hotels stock

On Thursday, Stifel analysts reiterated their Buy rating on Host Hotels stock (NASDAQ: HST), maintaining a price target of $15.47. According to InvestingPro data, analyst targets range from $15.00 to $21.50, with the stock currently trading near $15.47. The company offers an attractive 7.11% dividend yield. The analysts shared insights into the multifamily sector, noting that quarterly performance largely met expectations.

The analysts highlighted positive developments in the San Francisco area, specifically downtown and the Peninsula. These regions have been slower to recover post-pandemic, but recent commentary suggests improvements.

Transaction (JO:NTUJ) volumes in the multifamily sector are reportedly on the rise, contributing to the analysts’ outlook. The focus on this sector reflects ongoing interest in its recovery and performance dynamics.

Host Hotels stock remains a point of interest for Stifel, with the Buy rating signifying confidence in its potential. The price target of $15.47 suggests anticipated growth in the stock’s valuation.

In other recent news, Host Hotels & Resorts reported first-quarter 2025 earnings that exceeded expectations, with an earnings per share (EPS) of $0.35 compared to the forecasted $0.27. Revenue also surpassed projections, reaching $1.59 billion against the anticipated $1.55 billion. Host Hotels & Resorts, L.P., a subsidiary of Host Hotels & Resorts, Inc., announced a $500 million senior notes offering, priced at an interest rate of 5.700% due in 2032. The proceeds, estimated at approximately $490 million after underwriting discounts and expenses, are designated for the redemption of all outstanding Series E senior notes due in 2025.

The company has entered into an underwriting agreement with several financial firms, including Morgan Stanley (NYSE:MS) & Co. LLC and BofA Securities, Inc., for this issuance. Host Hotels & Resorts has scheduled the redemption of the Series E senior notes for May 22, 2025. Additionally, the company maintains a strong balance sheet with $2.2 billion in liquidity, which supports its strategic financial management. Analysts from firms like Evercore ISI have noted the company’s robust performance in luxury and resort markets, particularly in Maui. These developments indicate Host Hotels & Resorts’ proactive approach to financial and operational management.

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