Host Hotels & Resorts' (HST) recent activities underline a mixed, yet predominantly positive sentiment across the market. Key financial institutions like
Stifel and
Wedbush have reinstated their buy ratings on HST, while
Morgan Stanley maintains a hold stance with a raised target price. Earnings reports suggest strong performance, notably beating revenue estimates and showing
Bullish Convergence at support levels. HST displays resilience in the challenging REIT landscape amid inflation and reduced tourism. Their progressive steps towards
sustainability garnered them a place in the
Dow Jones Sustainability World Index for six consecutive years. Despite potential recession risks, HST was deemed undervalued, and assets experienced a quarter-to-date rise of 10.3%. HST also declared a $0.20
dividend, priced a $500 million senior notes offering, and explored hotel sales worth over $1 billion. Certain acquisitions, like the Ritz-Carlton O'ahu, Turtle Bay, and 1 Hotel Central Park, reflect strategic growth. On the downside, Jaws Mustang Acquisition Corporation suspended its pursuit of a hospitality business combination. Investors are urged to retain HST in their portfolios, as it's named among the best hotel stocks to buy by analysts.
Host Hotels Resorts HST News Analytics from Thu, 14 Jan 2010 02:46:56 GMT to Wed, 16 Jul 2025 07:49:59 GMT -
Rating 4
- Innovation 3
- Information 5
- Rumor 4
