Commodity Channel Index
|Bid||9.79 x 900|
|Ask||11.38 x 800|
|Day's Range||9.67 - 10.54|
|52 Week Range||7.86 - 19.99|
|Beta (5Y Monthly)||1.37|
|PE Ratio (TTM)||8.27|
|Earnings Date||Apr 28, 2020 - May 03, 2020|
|Forward Dividend & Yield||0.80 (8.83%)|
|Ex-Dividend Date||Mar 29, 2020|
|1y Target Est||14.76|
Today is shaping up negative for Host Hotels & Resorts, Inc. (NYSE:HST) shareholders, with the analysts delivering a...
Investors need to pay close attention to Host Hotels & Resorts (HST) stock based on the movements in the options market lately.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Fed's rate cut brings REITs on forefront as these are often treated as bond proxies. Also, investors become optimistic thanks to lower borrowing costs, but not all REITs are immune to virus' impact.
Lodging REITs are compelled to withdraw 2020 guidance in the grip of the coronavirus fear as meetings and conferences face an embargo while business and leisure travelers abort their plans.
The spread of the novel coronavirus has led two groups to cancel upcoming convention events in D.C., while a federal agency has asked all headquarters employees to work from home. Number of confirmed cases in D.C., Maryland and Virginia: 16 The breakdown: Five presumptive positive tests in D.C.; Six positive tests in Maryland; Five positive tests in Virginia An event hosted by North Carolina analytics software developer SAS Institute at Walter E. Washington Convention Center and another event at the D.C.-based International Monetary Fund have been canceled due to concerns over the coronavirus.
BETHESDA, Md., Mar 9, 2020 -- Host Hotels & Resorts, Inc. (HST), the nation's largest lodging real estate investment trust (the "Company"), today announced it is withdrawing its full-year 2020 guidance due to the ongoing financial impact of reduced travel demand as a result of the global coronavirus (COVID-19) outbreak. In the spirit of being prudent and responsible financial stewards, we believe it is currently appropriate to withdraw financial guidance for the year.
Lodging REITs have been particularly affected due to massive cancellations by both businesses and vacationers amid the coronavirus outbreak.
The emergency rate cut brings REITs on the forefront as these are often treated as bond proxies for their high-dividend paying nature. Also, investors become optimistic thanks to lower borrowing costs.
The SPDR Real Estate Select Sector ETF slipped 0.1%, but was the best performing SPDR sector ETF amid a broader stock market selloff, as the sector's relatively high dividend yield helped provide support as Treasury yields made tumbled toward record lows. The REIT ETF's yield was 3.07%, compared with the implied yield for the S&P 500 of 2.03%. The 10-year Treasury yield dropped 7.4 basis points to a record low of 1.014%, after the Federal Reserve cut its target rate on overnight rates by 50 basis points to 1.00% to 1.25%. Among the SPDR REIT ETF's more-active components, shares of Host Hotels & Resorts Inc. sank 4.9%, Ventas Inc. slipped 0.1%, Welltower Inc. hiked up 2.5% and Kimco Realty Corp. climbed 0.5%.
While Host Hotels (HST) has been affeted by group business cancellations in California on account of the coronavirus scare, the company still maintains its 2020 guidance.
Host Hotels & Resorts, Inc. (HST), the nation's largest lodging real estate investment trust (the "Company"), today announced that, to date, Coronavirus (COVID-19) has negatively impacted its total revenues by approximately $14 million, net income by approximately $7 million and adjusted EBITDA by approximately $7 million, which amounts to a decrease of 0.5% at the mid-point of the Company’s 2020 adjusted EBITDA guidance range of $1,360 to $1,405 million. This current impact does not materially affect the Company’s previously announced 2020 guidance, which remains unchanged as of the date of this release. The current decline in operations has primarily been group business cancellations, particularly in California, and the Company is working closely with the operators of its properties as the COVID-19 situation continues to evolve.
Host Hotels & Resorts, Inc. (NYSE:HST) received a lot of attention from a substantial price movement on the NYSE over...
Bethesda-based Marriott International Inc. (NASDAQ: MAR) has closed dozens of China hotels amid growing concerns over the global spread of the COVID-19 coronavirus. The hospitality giant began to see the coronavirus affect its business in mid-January, as declines in hotel occupancy rates had spread from Wuhan, China, where the virus originated, to other markets in the Asia Pacific region, Marriott President and CEO Arne Sorenson told investors during a Thursday morning earnings call. In February, Marriott hotels in Greater China saw their revenue per available room, or RevPAR, a common industry metric, plunge almost 90% compared with the same period last year.
Shares of real estate investment trusts (REITs) suffered a broad selloff in afternoon trading Tuesday, despite another tumble in the 10-year Treasury yield to a record low. REITs tend to outperform when Treasurys rally and yields fall, as their relatively high dividend yields make them more attractive in a lower yield environment, and their usual relative price stability makes tends to make them attractive in a volatile market environment. The SPDR Real Estate Select Sector ETF dropped 2.4%, with 30 of 31 components losing ground, just a little better than the S&P 500's 2.8% decline. The REIT ETF's yield is 2.93% while the implied yield for the S&P 500 is 1.94%. Meanwhile, the 10-year Treasury yield fell 6.0 basis points to a record low of 1.317%. Within the REIT sector tracker, the biggest loser and most active stock was Host Hotels & Resorts Inc. , which slumped 5.8%. Among other more-active components, shares of Ventas Inc. declined 5.3%, Digital Realty Trust Inc. slipped 0.2% and Simon Property Group Inc. gave up 3.7%.
The spread of the coronavirus beyond China and into Italy, South Korea and Iran caused markets to drop sharply Monday, and some of Greater Washington’s largest public companies were hit by the sell-off.
Host Hotels (HST) delivered FFO and revenue surprises of 2.50% and 0.80%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
BETHESDA, Md., Feb. 19, 2020 -- Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”), the nation’s largest lodging real estate investment trust (“REIT”), today announced.
Host Hotels' (HST) Q4 results likely to reflect gains from its accretive capital-recycling strategy though choppy operating fundamentals of the lodging sector and asset sales' dilutive impact lingers.
While Regency Centers' (REG) Q4 results will likely reflect gains from focus on premium grocery-anchored shopping centers, a dismal retail real estate environment might have curbed its growth tempo.
The 2,004-room Orlando World Center Marriott — one of the biggest hotels in Central Florida — has revealed who's working on its $40 million-plus renovation. Bethesda, Maryland-based owner Host Hotels & Resorts (NYSE: HST) plans to expand its meeting space by about 60,009 square feet and improve its pool with waterslides, a lazy river, a hammock area and more, according to Orange County documents. Orlando Business Journal first reported on the renovation in December.