Several key events have been noted concerning Host Hotels & Resorts (HST). The lodging REIT reported results for 2024 and set a date for Q1 2025 earnings. It has shown strong revenue growth, with stock hitting a 52-week low of $14.24, despite being considered deeply undervalued. Contemplation of selling more than 10 properties adds to a sense of volatility. HST also announced a special dividend on common stock and completed key acquisitions, including 1 Hotel Central Park. Despite being cut to a $19 target by Citi, the company's Q4 earnings showed resilience. HST also entered into an agreement to acquire Turtle Bay Resort in Hawaii. In sustainability leadership, HST was named a global leader and was included in Dow Jones Sustainability World Index for 6 consecutive years. The company had mixed results in Q4 earnings, with some analyst price targets being adjusted downward due to 'reset year' considerations. Nevertheless, there has been a potential sale of hotels valued over $1B and launching of 2030 ESG goals. Finally, HST reported successful 2023 full-year results, with noteworthy revenue per available room (RevPAR).
Host Hotels Resorts HST News Analytics from Mon, 08 Jun 2015 07:00:00 GMT to Fri, 28 Mar 2025 19:31:00 GMT -
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