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In a challenging year for the hospitality sector, Host Hotels & Resorts, Inc. (HST) stock has touched a 52-week low, dipping to $14.24. The company, which owns a diverse portfolio of upscale and luxury hotels, has faced headwinds that have significantly impacted its market performance, with the stock price reflecting a steep 1-year change of -30.95%. This downturn mirrors broader industry trends, as travel and hospitality companies continue to navigate the lingering effects of global economic pressures. Investors are closely monitoring Host Hotels & Resorts as it strives to rebound from this low point, seeking strategies that could revitalize its growth in the coming quarters.
In other recent news, Host Hotels & Resorts Inc (NASDAQ:HST). reported fourth-quarter earnings and revenue that exceeded analyst predictions, with adjusted earnings per share reaching $0.15, above the anticipated $0.13, and revenue totaling $1.43 billion, surpassing expectations of $1.37 billion. The company experienced a 3.3% year-over-year increase in comparable hotel Total (EPA:TTEF) Revenue Per Available Room (RevPAR) for the quarter, driven by improvements in food and beverage revenues from group business. Host Hotels also acquired $1.5 billion worth of hotel properties in 2024 and returned $844 million to shareholders through dividends and share repurchases. Analysts at Morgan Stanley (NYSE:MS) upgraded Host Hotels’ stock from Underweight to Equalweight, although they reduced the price target to $15.00, citing the stock’s valuation being below its peers. Meanwhile, Citi adjusted its price target to $19.00 but maintained a Buy rating, reflecting a revised financial model for the company. Jefferies also reduced its price target to $20 while keeping a Buy rating, noting potential growth fueled by recent acquisitions and a strong balance sheet. Despite challenges such as higher labor costs and a slower recovery at certain properties, Citi analysts believe the risk/reward ratio remains favorable for Host Hotels, with the stock trading at 10 times the estimated 2025 EBITDA.
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