Host Hotels & Resorts (HST) has been making significant strides. Major banking establishment, Truist Securities, upgraded HST's rating to 'Buy' with a projected target price of $21. This follows revolutionary changes in HST's strategies, causing a positive shift in the investment narrative. The
Real Estate Investment Trust (REIT) stock has recorded an impressive growth of 9.8% within a month, sparking discussions about the sustainability of the growth trajectory. HST also successfully offered $400 million in Senior Notes, demonstrating financial stability. Evaluations from Barclays placed it as an Equal-Weight, encouraging investments in the flourishing stock. The consistent Q3 earnings beat and $400 million senior notes offering have investors tasked with valuing the company. The
Third Quarter Financial Outcome (Q3 FFO) topped estimates, with rising hotel revenues per available room (RevPAR). In the future, Host Hotels Resorts are expected to pay a quarterly dividend of $0.20 a share, alongside a special dividend of $0.15. Finally, the recent launch of a $600 Million Green Bond Offering has established Host Hotels & Resorts as an innovative player in the REIT market.
Host Hotels Resorts HST News Analytics from Fri, 10 May 2024 07:00:00 GMT to Sat, 10 Jan 2026 21:26:49 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor 1
