|Bid||0.00 x 36900|
|Ask||0.00 x 1000|
|Day's Range||19.89 - 20.33|
|52 Week Range||15.94 - 22.47|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||13.70|
|Earnings Date||Feb 19, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||0.80 (4.32%)|
|1y Target Est||21.09|
It’s earnings season, and many public companies with a presence in Greater Washington are releasing tidbits about their developments and holdings here via their calls with analysts. Houston-based Weingarten Realty Investors (NYSE: WRI): The developer of West Alex at King and Beauregard streets in Alexandria, and Centro Arlington at Columbia Pike and South George Mason Drive, says both projects are “progressing nicely,” with residential preleasing (Centro Arlington has 366 units and West Alex 271) expected to start in the second half of the year. The Harris Teeter at Centro Arlington is expected to open by the end of 2019.
Mack-Cali Realty's (CLI) fourth-quarter 2018 results indicate softness in its office portfolio. In fact, subdued leasing activity and decline in same-store cash net operating income disappoint.
While SITE Centers (SITC) posts better-than-expected results, backed by healthy leasing activity, rent and same-store net operating income (NOI) growth, declining revenues remains a concern.
Starwood Capital Group and the billionaire LeFrak family sold the 1 Hotel South Beach in Miami Beach for $610 million. The 429-room oceanfront hotel at 2341 Collins Ave. was acquired by Bethesda, Maryland-based Host Hotels & Resorts (NYSE: HST). Miami Beach-based Starwood Capital Group will continue operating and managing the hotel. "We're excited to partner with Host Hotels to continue to expand the 1 Hotels brand,” said Barry Sternlicht, chairman and CEO of Starwood Capital Group.
Investing.com - Wall Street closed higher Wednesday as the minutes from the Federal Reserve's January meeting suggested the central bank would continue to hold off on rate hikes amid concerns over international trade and slowing domestic growth.
Host Hotels & Resorts' (HST) Q4 results reflect improvements in food and beverage revenues and productivity gains. Further, year-over-year growth in comparable hotel RevPAR is encouraging.
Host Hotels (NYSE:HST) released its quarterly earnings to the public and the company's results were a touch above what analysts were calling for in the Wall Street consensus estimate, but shares were relatively unchanged after hours on Tuesday.Source: Shutterstock The hotel operator, based out of Bethesda, Maryland, said that it brought in funds from operations that reached $315 million, which is a metric that helps to indicate the level of profitability of a business in the REIT sphere. This amounted to roughly 43 cents per share for the period for the company's fourth quarter.The figure was better than what Zacks Investment Research was guiding for as the average estimate of 10 analysts who were surveyed by the publication was for Host Hotels to amass funds from operations of 41 cents per share. The metric is an important one in the industry because it takes into account a combination of net income with the addition of back items, including depreciation and amortization.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company also said it had net income of $303 million for the period, or 41 cents per share. Host Hotels also said its revenue for the quarter amounted to $1.36 billion, below the Wall Street consensus estimate of $1.37 billion, per a survey of eight analysts that Zacks conducted.HST stock was down about 0.6% on Tuesday during regular trading hours before the company reported for the quarter. After hours, shares were unmoved despite the company's profit topping the guidance. More From InvestorPlace * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Financial Stocks With Accelerating Growth * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Compare Brokers The post Host Hotels Earnings: HOST Stock Unmoved Despite Strong Q4 appeared first on InvestorPlace.
BETHESDA, Md. (AP) _ Host Hotels & Resorts Inc. (HST) on Tuesday reported a key measure of profitability in its fourth quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $315 million, or 43 cents per share, in the period.
BETHESDA, Md., Feb. 19, 2019 -- Host Hotels & Resorts, Inc. (NYSE: HST) (“Host Hotels” or the “Company”), the nation’s largest lodging real estate investment trust.
This iconic and irreplaceable luxury resort reopened in 2015 following a transformational $300 million repositioning renovation and is rated in the top-10 U.S. hotels by Conde Nast Traveler and recently rated the #1 hotel in Miami Beach by TripAdvisor. The 1.1 million square foot, LEED-certified resort has a premium location in the vibrant South Beach area of Miami Beach and over 600 linear feet of ocean frontage with direct beach access.
Host Hotels & Resorts (HST) is likely to have seen healthy demand amid improving economy, job market gains and high consumer confidence. But, high supply and dilutive impact of asset sales remain woes.
Six decades after opening, the Key Bridge Marriott still holds a place of honor for Marriott. Now, a new owner is ready to make it shine again.
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Park Hotels & Resorts Inc. (NYSE: PK) has sold the Pointe Hilton Peak Resort in Phoenix, marking the 14th property sale for the McLean hospitality REIT in the last 11 months. Park Hotels, the second-largest publicly traded REIT in Greater Washington, said Thursday the sale of the 563-room property brought in gross proceeds of $51.4 million — more than $91,200 per key before closing costs. The REIT completed a $8.5 million renovation to the hotel's rooms and meeting spaces in late 2017.
# Host Hotels & Resorts Inc ### NYSE:HST View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is low for HST with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding HST totaled $17.47 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. HST credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Host Hotels & Resorts (HST) executes the sale of its Westin New York Grand Central hotel in a bid to reduce the company's footprint in New York.
“We have been pleased with our continued execution of further reducing our exposure to New York, a key initiative set early on in my tenure as CEO. With the completion of this sale, we have sold 3 assets and the retail, signage, and theater condo space at the New York Marriott Marquis for $1.1 billion at very attractive pricing. We continue to strengthen our investment grade balance sheet and enhance our ability to make strategic investments that ultimately drive long-term value creation for our stockholders whether it is investing in our portfolio, acquiring assets, or buying back our stock,” said James F. Risoleo, President and Chief Executive Officer. Host Hotels & Resorts, Inc. is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels.