Host Hotels & Resorts, Inc.

Host Hotels & Resorts, Inc.

HST·NASDAQ

$24.32

+2.8%
Real EstateREIT - Hotel & Motel

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. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms. The Company also holds non-controlling interests in six domestic and one international joint ventures. Guided by a disciplined approach to capital allocation and aggressive asset management, the Company partners with premium brands such as Marriott®, Ritz-Carlton®, Westin®, Sheraton®, W®, St. Regis®, The Luxury Collection®, Hyatt®, Fairmont®, Hilton®, Swissôtel®, ibis® and Novotel®, as well as independent brands. For additional information, please visit the Company's website at www.hosthotels.com.

At a Glance

Live Snapshot
Market Cap$16.65B
EPS1.1000
P/E Ratio22.10
Earnings Date07/29/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal · Driver · Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 22.1).

Valuation inputs: P/E 22.1, earnings yield +4.5%, momentum +2.8%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +11.7%, ROIC +6.0%).

Profitability stack: net margin +12.5%, ROE +11.7%, ROIC +6.0%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +48.4%, momentum +2.8%, net margin +12.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

hst

Host Hotels & Resorts, Inc. Market vs Earnings Trajectory

HST · NASDAQ

Loading price and EPS data...

Host Hotels & Resorts, Inc.

Host Hotels & Resorts, Inc. Fair Value Envelope

HST · NASDAQ

Our analysis suggests that HST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $24.315, this represents a potential HIDDEN relative to our calculated worth for Host Hotels & Resorts, Inc..

Intrinsic Value
Current Price: $24.315
3Y+24.0%
5Y-205.0%
10Y+7.0%
3Y+25.0%
5Y+277.0%
10Y+13.0%
3Y+21.0%
5Y-205.0%
10Y-
3Y+6.0%
5Y-589.0%
10Y+15.0%
3Y-6.0%
5Y-206.0%
10Y+14.0%
3Y+6.0%
5Y+1.0%
10Y+14.0%
Host Hotels & Resorts, Inc.

Host Hotels & Resorts, Inc. Profit Bridge

HST · NASDAQ
Revenue6.11B
Cost of Goods Sold (5.95B)
Gross Profit160.00M
Operating Expenses (-671.00M)
Operating Income831.00M
Interest Expense (235.00M)
Other Income/Expense-13.00M
Pretax Income818.00M
Income Tax (42.00M)
Net Income765.00M
Net Income
765.00M

Profitability Analysis

Gross Margin

2.6%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

13.6%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

12.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

5.1%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

2.62%
Gross Profit Margin
-95%
3Y-95.0%
5Y-91.0%
10Y-95.0%
13.59%
Operating Profit Margin
-12%
3Y-14.0%
5Y-123.0%
10Y+8.0%
12.51%
Net Profit Margin
2%
3Y-3.0%
5Y-128.0%
10Y-11.0%
11.67%
Return on Equity
11%
3Y+24.0%
5Y-201.0%
10Y+7.0%
5.86%
Return on Assets
10%
3Y+14.0%
5Y-203.0%
10Y-12.0%
6.04%
Return on Invested Capital
-11%
3Y-4.0%
5Y-205.0%
10Y+1.0%
HST

Host Hotels & Resorts, Inc. Cash Conversion Engine

HST · NASDAQ
Net Income765.00M
Depreciation & Amortization795.00M
Stock-Based Compensation26.00M
Change in Working Capital-4.00M
Others-111.00M
Capital Expenditures-644.00M
Free Cash Flow858.00M

Cash Flow Quality Analysis

FCF Conversion Rate

112.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

42.9%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-9.7%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$4.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Solid cash generation: Positive free cash flow with reasonable earnings quality provides financial flexibility for growth investments, debt reduction, or shareholder returns.

hst

Host Hotels & Resorts, Inc. Funding & Solvency Profile

HST · NASDAQ
Cash & Cash Equivalents1.70B
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets2 B
Property, Plant & Equipment10.26B
Goodwill & Intangible Assets0.00
Long-Term Investments284.00M
Other Non-Current Assets0.00
Total Non-Current Assets11 B
Total Assets
13.15B

Financial Health Analysis

Debt-to-Equity Ratio

0.88x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

13% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

hst

Host Hotels & Resorts, Inc. Street Expectations Map

HST · NASDAQ

Wall Street analysts project that HST stock may decline over the coming 12 months. The consensus 1-year price target stands at 21.67, with estimates ranging from a low of 18.00 to a high of 23.00.

Lowest Target
18.00
-25.97%
Consensus Target
21.67
-10.88%
Highest Target
23.00
-5.41%

The consensus 1-year price target stands at 21.67, with estimates ranging from a low of 18.00 to a high of 23.00.

Analyst Consensus Analysis

Upside Potential

-10.9%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

23.1% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

0.21x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

hst

Host Hotels & Resorts, Inc. Insider Positioning

HST · NASDAQ

During the last 12 months, insiders have sold $2.98M worth of HST shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

77.6K

1.72M

Net Activity

-1.7M

-$1.72M

3-6 Months

Bought

0

0.00

Sold

33.7K

637.64K

Net Activity

-638K

-$638K

6-9 Months

Bought

0

0.00

Sold

35.0K

617.47K

Net Activity

-617K

-$617K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
TNS

Tyrrell Nathan S

Officer: Evp, Ch. Investment Officer

95.2K shares4 transactions

$2.03M

2
LME

Lentz Michael E

Officer: Evp, Development, D&C

47.7K shares2 transactions

$870K

3
RWC

Rakowich Walter C

Director

3.4K shares1 transactions

$78K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $2.98M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Recent Trend (3 Months)

$1.72M

Heavy recent selling activity. Recent insider sales notably exceed purchases—may warrant investigation into company developments.

Insider Participation

High Selling

3 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

Insider Activity Insight

Multiple red flags: Heavy selling, numerous sellers, and continued recent selling create a concerning pattern. Investigate fundamental drivers and consider whether company guidance or industry conditions have deteriorated.

0.00%
Dividend Yield
-100%
3Y-100.0%
5Y-
10Y-100.0%
 

hst Dividend History

HST
10Y CAGR +16%
Latest $0.92
Annual $1.87
5 year growth trend
Last Period: +360%