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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 0.077
HST's Cash to Debt is ranked higher than
52% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 0.06 vs. HST: 0.077 )
HST' s 10-Year Cash to Debt Range
Min: 0.03   Max: 0.28
Current: 0.08

0.03
0.28
Equity to Asset 0.525
HST's Equity to Asset is ranked higher than
72% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 0.45 vs. HST: 0.525 )
HST' s 10-Year Equity to Asset Range
Min: 0.17   Max: 0.53
Current: 0.53

0.17
0.53
Interest Coverage 1.1
HST's Interest Coverage is ranked lower than
77% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 2.05 vs. HST: 1.1 )
HST' s 10-Year Interest Coverage Range
Min: 0   Max: 3
Current: 1.1

0
3
F-Score: 7
Z-Score: 1.62
M-Score: -4.11
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
Operating margin (%) 7.20
HST's Operating margin (%) is ranked lower than
79% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 29.40 vs. HST: 7.20 )
HST' s 10-Year Operating margin (%) Range
Min: 2.4   Max: 44.3
Current: 7.2

2.4
44.3
Net-margin (%) 1.2
HST's Net-margin (%) is ranked lower than
78% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 16.30 vs. HST: 1.2 )
HST' s 10-Year Net-margin (%) Range
Min: -6.1   Max: 15.3
Current: 1.2

-6.1
15.3
ROE (%) 0.9
HST's ROE (%) is ranked lower than
80% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 4.40 vs. HST: 0.9 )
HST' s 10-Year ROE (%) Range
Min: -4.1   Max: 14.1
Current: 0.9

-4.1
14.1
ROA (%) 0.5
HST's ROA (%) is ranked lower than
82% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 2.00 vs. HST: 0.5 )
HST' s 10-Year ROA (%) Range
Min: -2   Max: 6.3
Current: 0.5

-2
6.3
ROC (Joel Greenblatt) (%) 3.40
HST's ROC (Joel Greenblatt) (%) is ranked lower than
55% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 4.00 vs. HST: 3.40 )
HST' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 1   Max: 9.1
Current: 3.4

1
9.1
Revenue Growth (%) 0.9
HST's Revenue Growth (%) is ranked higher than
59% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: -4.95 vs. HST: 0.9 )
HST' s 10-Year Revenue Growth (%) Range
Min: -9.4   Max: 23.7
Current: 0.9

-9.4
23.7
EBITDA Growth (%) 3.8
HST's EBITDA Growth (%) is ranked higher than
55% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: -4.20 vs. HST: 3.8 )
HST' s 10-Year EBITDA Growth (%) Range
Min: -16.8   Max: 4.4
Current: 3.8

-16.8
4.4
» HST's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q2 2012

HST Guru Trades in Q2 2012

Jeremy Grantham 159,137 sh (+850.81%)
Chris Davis 1,008,514 sh (+30.61%)
Manning & Napier Advisors, Inc 857,054 sh (+20.56%)
Ken Heebner 6,320,490 sh (unchged)
Louis Moore Bacon Sold Out
Bruce Kovner Sold Out
Steven Cohen 446,916 sh (-10.18%)
Andreas Halvorsen 7,865,906 sh (-15.48%)
Pioneer Investments 1,963,095 sh (-36.12%)
Meridian Funds 408,946 sh (-40.4%)
» More
Q3 2012

HST Guru Trades in Q3 2012

Chris Davis 1,028,444 sh (+1.98%)
Manning & Napier Advisors, Inc 860,454 sh (+0.4%)
Ken Heebner 6,320,490 sh (unchged)
Andreas Halvorsen Sold Out
Meridian Funds Sold Out
Jeremy Grantham 155,837 sh (-2.07%)
Pioneer Investments 361,900 sh (-81.56%)
Steven Cohen 15,973 sh (-96.43%)
» More
Q4 2012

HST Guru Trades in Q4 2012

Steven Cohen 1,774,209 sh (+11007.5%)
Chris Davis 1,091,260 sh (+6.11%)
Manning & Napier Advisors, Inc 862,244 sh (+0.21%)
Jeremy Grantham 195,737 sh (unchged)
Ken Heebner 6,270,490 sh (-0.79%)
Pioneer Investments 356,200 sh (-1.58%)
» More
Q1 2013

HST Guru Trades in Q1 2013

Chris Davis 1,742,075 sh (+59.64%)
Steven Cohen 1,858,365 sh (+4.74%)
Jeremy Grantham 204,851 sh (+4.66%)
Pioneer Investments 361,500 sh (+1.49%)
Manning & Napier Advisors, Inc 864,944 sh (+0.31%)
Ken Heebner 6,270,490 sh (unchged)
» More
» Details

Insider Trades

Latest Guru Trades with HST

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Meridian Funds 2012-09-30 Sold Out 0.22%$14.04 - $17.25 $ 18.2517%0
Meridian Funds 2012-06-30 Reduce -40.4%0.13%$14.36 - $17 $ 18.2516%408946
Ray Dalio 2012-03-31 Sold Out 0.01%$14.71 - $17.25 $ 18.2521%0
Ray Dalio 2011-12-31 Reduce -90.06%0.03%$10.17 - $14.77 $ 18.2536%21418
Ray Dalio 2011-09-30 New Buy0.04%$10.49 - $17.55 $ 18.2537%215418
Mario Gabelli 2011-03-31 Sold Out $16.89 - $19.77 $ 18.250%0
Mario Gabelli 2010-06-30 Reduce -21.71%$13.36 - $16.94 $ 18.2521%14422
David Dreman 2010-03-31 Sold Out 0.01%$10.6 - $14.76 $ 18.2550%0
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry
vs
history
P/E(ttm) 113.50
HST's P/E(ttm) is ranked lower than
81% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 26.15 vs. HST: 113.50 )
HST' s 10-Year P/E(ttm) Range
Min: 4.87   Max: 16733
Current: 113.5

4.87
16733
P/B 2.00
HST's P/B is ranked lower than
70% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 1.30 vs. HST: 2.00 )
HST' s 10-Year P/B Range
Min: 0.34   Max: 3.01
Current: 2

0.34
3.01
P/S 2.40
HST's P/S is ranked higher than
86% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 6.20 vs. HST: 2.40 )
HST' s 10-Year P/S Range
Min: 0.37   Max: 3.09
Current: 2.4

0.37
3.09
PFCF 46.90
HST's PFCF is ranked lower than
85% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 25.77 vs. HST: 46.90 )
HST' s 10-Year PFCF Range
Min: 5.25   Max: 575
Current: 46.9

5.25
575
EV-to-EBIT 40
HST's EV-to-EBIT is ranked lower than
57% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 28.60 vs. HST: 40 )
HST' s 10-Year EV-to-EBIT Range
Min: 9.5   Max: 223.2
Current: 40

9.5
223.2
Shiller P/E 80.2
HST's Shiller P/E is ranked higher than
50% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 10.60 vs. HST: 80.2 )
HST' s 10-Year Shiller P/E Range
Min: 5.77   Max: 1692.8
Current: 80.2

5.77
1692.8

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.80
HST's Dividend Yield is ranked lower than
84% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 4.40 vs. HST: 1.80 )
HST' s 10-Year Dividend Yield Range
Min: 0.06   Max: 17.59
Current: 1.8

0.06
17.59
Dividend Payout 2.5235
HST's Dividend Payout is ranked lower than
80% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 1.24 vs. HST: 2.5235 )
HST' s 10-Year Dividend Payout Range
Min: 0.47   Max: 3.63
Current: 2.52

0.47
3.63
Yield on cost (5-Year) 1.80
HST's Yield on cost (5-Year) is ranked lower than
69% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 4.00 vs. HST: 1.80 )
HST' s 10-Year Yield on cost (5-Year) Range
Min: 0.06   Max: 17.59
Current: 1.8

0.06
17.59
Share Buyback Rate -5.2
HST's Share Buyback Rate is ranked higher than
67% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: -7.50 vs. HST: -5.2 )
HST' s 10-Year Share Buyback Rate Range
Min: -3.4   Max: -12.9
Current: -5.2

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.9
HST's Price/Tangible Book is ranked higher than
74% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 1.30 vs. HST: 1.9 )
HST' s 10-Year Price/Tangible Book Range
Min: 0.8   Max: 2.8
Current: 1.9

0.8
2.8
Price/DCF (Projected) 1.5
HST's Price/DCF (Projected) is ranked higher than
70% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 2.20 vs. HST: 1.5 )
HST' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 3
Current: 1.5

0.5
3
Price/Median PS Value 1.5
HST's Price/Median PS Value is ranked higher than
80% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 1.10 vs. HST: 1.5 )
HST' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.7
Current: 1.5

0.4
1.7
Price/Graham Number 9.3
HST's Price/Graham Number is ranked lower than
69% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 1.30 vs. HST: 9.3 )
HST' s 10-Year Price/Graham Number Range
Min: 0.6   Max: 8
Current: 9.3

0.6
8
Earnings Yield (Greenblatt) 2.50
HST's Earnings Yield (Greenblatt) is ranked higher than
64% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: 2.60 vs. HST: 2.50 )
HST' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 10.5
Current: 2.5

0.4
10.5
Forward Rate of Return (Yacktman) -6.38
HST's Forward Rate of Return (Yacktman) is ranked higher than
73% of the 249 Companies
in the Global REIT - Hotel & Motel industry.

( Industry Median: -7.64 vs. HST: -6.38 )
HST' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -13.5   Max: 29.6
Current: -6.38

-13.5
29.6

Business Description

Host Hotels & Resorts, Inc. is a Maryland corporation that operates as a self-managed and self-administered real estate investment trust, or REIT. Host Hotels & Resorts, Inc. owns properties and conducts operations through Host Hotels & Resorts, L.P., a Delaware limited partnership, of which Host Hotels & Resorts, Inc. is the sole general partner and in which it holds approximately 98.5% of the partnership interests. The Company's hotels are operated under brand names that are among the most respected and recognized in the lodging industry. The lodging industry in the United States consists of private and public entities that operate in an extremely diversified market under a variety of brand names. The lodging industry has several key participants: Owners; Owner/Managers; Franchisors; Franchisor/Manager and Manager. The hotel manager is responsible for the day-to-day operation of the hotels, including the employment of hotel staff, the determination of room rates, the development of sales and marketing plans, the preparation of operating and capital expenditure budgets and the preparation of financial reports for the owner. The Company industry is influenced by the cyclical relationship between the supply of and demand for hotel rooms. Competition is often specific to individual markets and is based on a number of factors, including location, brand, guest facilities and amenities, level of service, room rates and the quality of accommodations. It also competes with other REITs and other public and private investors for the acquisition of new properties and investment opportunities, both domestically and internationally. Most of its hotels operate in urban and resort markets under such brand names as Ritz-Carlton(r), Fairmont(r), Four Seasons(r), The Luxury Collection(r), St. Regis(r) and W(r), or as upper-upscale properties, under such brand names as Marriott(r), Hyatt(r), Westin(r), Hilton(r), Sheraton(r), Swissotel(r) and Delta(r). The Company's hotels are subject to various other forms of regulation, including Title III of the Americans with Disabilities Act, building codes and regulations pertaining to fire and life safety.
Company Website
SEC Reports
Industry: REIT - Hotel & Motel
Compare:HPT, LHO, RLJ, DRH, PEB
Traded in other countries:HMT.Germany

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