A virtual meeting spotlighting Host Hotels & Resorts (HST, Financial) is set to be hosted by Barrington on June 26. This session aims to delve into the company's recent performance metrics and future prospects. Investors and analysts will have the opportunity to explore key performance indicators to aid in making informed investment decisions. The meeting will provide insights into investment opportunities within market-resilient stocks, offering valuable information for those looking to enhance their portfolios. Attendees can expect to receive expert analysis tailored towards identifying undervalued stocks with the potential for growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Host Hotels & Resorts Inc (HST, Financial) is $17.69 with a high estimate of $21.00 and a low estimate of $15.00. The average target implies an upside of 12.41% from the current price of $15.74. More detailed estimate data can be found on the Host Hotels & Resorts Inc (HST) Forecast page.
Based on the consensus recommendation from 18 brokerage firms, Host Hotels & Resorts Inc's (HST, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Host Hotels & Resorts Inc (HST, Financial) in one year is $20.51, suggesting a upside of 30.35% from the current price of $15.735. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Host Hotels & Resorts Inc (HST) Summary page.
HST Key Business Developments
Release Date: May 01, 2025
- Adjusted EBITDAre: $514 million, an increase of 5.1% over last year.
- Adjusted FFO per Share: $0.64, an increase of 4.9% over last year.
- Comparable Hotel Total RevPAR: Improved 5.8% compared to the first quarter of 2024.
- Comparable Hotel RevPAR: Improved 7%, driven by strong rate growth.
- Comparable Hotel EBITDA Margin: Improved by 30 basis points year over year to 31.8%.
- Transient RevPAR Growth: 6%, driven by resorts and strong performance in Maui, New York, and Los Angeles.
- Maui RevPAR Growth: 16% in the first quarter.
- Group RevPAR Growth: 7% year over year.
- F&B RevPAR Growth: 5%, driven by banquet and outlet growth.
- Share Repurchase: 6.3 million shares repurchased at an average price of $15.79 per share, totaling $100 million.
- Capital Expenditure Guidance for 2025: $580 million to $670 million.
- Leverage Ratio: 2.8 times.
- Available Liquidity: $2.2 billion, including $264 million of FF&E reserves and $1.5 billion available under the revolver portion of the credit facility.
- Quarterly Cash Dividend: $0.20 per share.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Host Hotels & Resorts Inc (HST, Financial) reported a 5.1% increase in adjusted EBITDAre to $514 million and a 4.9% increase in adjusted FFO per share to $0.64 compared to the previous year.
- Comparable hotel total RevPAR improved by 5.8% year-over-year, driven by strong rate growth, with notable performance in markets like Washington DC, New York, New Orleans, Los Angeles, and Maui.
- The company successfully reopened the Don CeSar resort after a six-month remediation effort, with stronger than anticipated transient demand and increased demand for spa services.
- Host Hotels & Resorts Inc (HST) repurchased 6.3 million shares of common stock for $100 million, demonstrating a commitment to returning value to shareholders.
- The company maintains a strong balance sheet with a leverage ratio of 2.8 times and $2.2 billion in total available liquidity, positioning it well to navigate uncertain economic conditions.
Negative Points
- The company faces heightened macroeconomic uncertainty, which could potentially impact lodging fundamentals and RevPAR growth.
- Group lead volume has moderated, particularly among association and government-related groups, due to increased uncertainty.
- Comparable hotel EBITDA margins are expected to decline by 100 to 160 basis points year-over-year, driven by wage and benefit rate increases and fixed expense pressures.
- The company anticipates a challenging comparison for total RevPAR growth due to a decline in attrition and cancellation revenue.
- Host Hotels & Resorts Inc (HST) is cautious about the potential impact of tariffs on its CapEx budget and future capital projects.
