Host Hotels & Resorts, Inc. (HST)

NASDAQ: HST · USD

$25.3

+0.04 (+0.2%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-11

Our latest published analysis: HST rated Reduce

Host Hotels & Resorts, Inc.'s published Reduce conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$19.1 / share

Potential value

$25.9 / share

Upside to FV

-15.5%

from $25.3

Moat

5.5/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$15.7B
Revenue (ttm)	6.2B
Net income (ttm)	1B
EPS (ttm)	$1.49
Shares out	694.8M
P/E (trailing)	17.0x
P/E (forward)	22.2x
Dividend	$0.95 (3.77%)
Volume	5,798,664
Beta	1.12

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 6.2B
Net income (ttm): 1B
EPS (ttm): $1.49
P/E (trailing): 17.0x
P/E (forward): 22.2x
Market cap: $15.7B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$2.89B	$4.91B	$5.31B	$5.68B	$6.11B	+20.6%
Gross profit	$1.49B	$2.71B	$2.85B	$3.03B	$160.0M	-42.8%
Operating income	$-250.0M	$775.0M	$827.0M	$875.0M	$855.0M	—
Net income	$-11.0M	$633.0M	$740.0M	$697.0M	$765.0M	—
EPS (diluted)	$-0.02	$0.88	$1.04	$0.99	$1.10	—
EBITDA	$851.0M	$1.49B	$1.67B	$1.70B	$1.85B	+21.4%
R&D	$0	$0	$0	—	—	+93.6%
SG&A	$99.0M	$107.0M	$115.0M	$117.0M	$124.0M	+5.8%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AMT	American Tower Corporation	85.1B	25.8x	7.5x	7.8%	+4.0%	+0.7%	비중 축소
ARE	Alexandria Real Estate Equities Inc.	6.9B	—	2.4x	0.9%	+6.6%	-45.8%	보유
CCI	Crown Castle Inc.	37.4B	46.3x	9.1x	5.1%	-7.9%	-6.2%	매도
CPT	Camden Property Trust	10.3B	32.3x	6.6x	3.2%	+7.7%	-0.6%	매수
DLR	Digital Realty Trust, Inc.	68B	86.6x	10.0x	2.4%	+9.3%	+3.7%	매도
DOC	Healthpeak Properties, Inc.	13B	53.8x	4.4x	2.5%	+10.5%	+3.0%	적극 매수

Base and Bull scenarios

Base55%

Price target

$19.13

-15.5% from spot

In the Base scenario, Host executes in line with guidance. Comparable hotel RevPAR growth achieves the raised 4.75%-5.25% range in FY2026, supported by group pace up 5% and Maui EBITDA contributing $120 million. In FY2027 and beyond, top-line revenue growth moderates to 2.0%-2.5%, while operating margins stabilize around 14.0%-14.2% as 5% wage inflation offsets operating efficiencies. Capital expenditures remain disciplined between $550 million and $630 million.

Comparable RevPAR growth meets full-year guidance in FY2026 and normalizes toward long-term trend thereafter
Operating margins stabilize at 14.0% - 14.2%
Wage rate growth persists at 5.0% balancing 4.2% total expense discipline
Capital expenditures align with management guidance in FY2026 and reinvestment rates stabilize near baseline levels
Terminal valuation multiple remains anchored in line with lodging sector peer averages

Bull20%

Price target

$25.90

+14.3% from spot

In the Bull scenario, affluent consumer demand drives outsized average daily room rate growth across luxury resorts, while corporate convention group pace accelerates above 7% into 2027. Maui operations rebound vigorously, generating over $120 million in annualized EBITDA. Operating leverage overcomes wage inflation, expanding operating margins toward 15.5%, while post-renovation capex moderates toward $550 million, driving AFFO conversion higher.

Comparable hotel RevPAR growth expands significantly above trend on sustained group booking strength and premium room pricing
Operating margins expand meaningfully on strong room rate pricing power and operating leverage
Maui property EBITDA surpasses $120M
Capital expenditures step down toward $550M
Exit valuation multiple expands toward peak lodging cycle levels on superior asset quality

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($19.13). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.5%	1.8%	2.0%	2.3%	2.5%
8.8%	$21.7	$21.8	$21.9	$21.9	$22.0
9.3%	$20.6	$20.7	$20.7	$20.8	$20.9
9.8%	$19.0	$19.1	$19.1	$19.2	$19.3
10.3%	$18.8	$18.8	$18.9	$18.9	$19.0
10.8%	$18.0	$18.1	$18.1	$18.1	$18.2

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E22.2

P25 n/aP50 n/aP75 n/a

Trailing P/E15.2

P25 n/aP50 n/aP75 n/a

ROE15.6

P25 n/aP50 n/aP75 n/a

ROIC6.9

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All HST indicators

Market & fundamental data

Available fields

268

Groups with data

Currency

USD

Showing 268 of 268 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001070750
Company name	Host Hotels & Resorts, Inc.
Country	United States
Country code	US
CUSIP number	44107P104
Earnings date	2026-11-04
Earnings time	amc
Employees	162
Employees change	-3
Employees growth	-1.82%
Enterprise value	$21.2B
Exchange	NASDAQ
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1927
In index	SP500
Industry	REIT - Hotel & Motel
Is primary listing	Yes
Is SPAC	No
ISIN number	US44107P1049
Last 10-K release date	2026-02-25
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split date	1986-06-23
Last stock split type	Forward
Market cap	$17.5B
Market cap category	Large-Cap
Next earnings date	2026-11-04
Options	Yes
Price	$25.26
Price currency	USD
Sector	Real Estate
SIC code	6798
Stock price date	2026-10-28
Symbol	HST
U.S. state	Maryland
Website	https://www.hosthotels.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	16.84x
Average P/E ratio (10Y)	19.82x
Average P/E ratio (3Y)	16.42x
Average P/E ratio (5Y)	18.51x
Earnings yield	5.89%
EV/Earnings	20.75x
EV/EBIT	23.47x
EV/EBITDA	12.57x
EV/FCF	20.95x
EV/Sales	3.42x
FCF / EV yield	4.77%
FCF yield	5.77%
Forward EV/Sales	3.49x
Forward P/E	25.1x
Forward P/S	2.88x
Graham number	17.66701
Graham upside	-30.34%
Industry forward P/E	40.74x
Industry P/E	58.79x
Lynch fair value	$15.85
Lynch upside	-37.51%
P/(FCF - SBC) ratio	17.8x
P/(OCF - SBC) ratio	11.16x
P/B ratio	2.7x
P/E ratio	16.98x
P/FCF ratio	17.32x
P/FFO ratio	12x
P/OCF ratio	10.97x
P/S ratio	2.83x
PEG ratio	14.25x
Price / tangible book value	2.76x
Price/EBITDA ratio	10.39x
Sector forward P/E	29.99x
Sector P/E	40.99x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	14.57%
EBITDA margin	27.19%
Effective tax rate	4.67%
FCF margin	16.31%
Gross margin	29.19%
Operating margin	14.57%
Pretax margin	17.53%
Profit margin	16.47%
Profit per employee	$6.3M
Profitable quarters	19
Profitable years	4
Revenue per employee	$38.5M
ROA	4.33%
ROA (5Y)	2.98%
ROCE	7.56%
ROE	15.56%
ROE (5Y)	8.45%
ROIC	6.95%
ROIC (5Y)	4.81%
SBC / revenue	0.43%
Tax / revenue	0.82%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	58.71%
EPS growth (Q)	8.43%
EPS growth (QoQ)	-51.84%
EPS growth 10Y	3.66%
EPS growth 3Y	11.99%
EPS growth quarters	4
EPS growth years	1
Net income growth	55.84%
Net income growth (Q)	7.24%
Net income growth (QoQ)	-52.02%
Net income growth 3Y	10.65%
Net income growth quarters	4
Net income growth years	1
OCF growth	12.39%
OCF growth (Q)	13.29%
OCF growth (QoQ)	47.08%
OCF growth 10Y	2.78%
OCF growth 3Y	1.67%
Revenue growth	4.99%
Revenue growth (Q)	3.59%
Revenue growth (QoQ)	-0.12%
Revenue growth 10Y	1.33%
Revenue growth 3Y	5.99%
Revenue growth 5Y	32.3%
Revenue growth quarters	21
Revenue growth years	5

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-589M
Depreciation and amortization	$787M
EBIT	$908M
EBITDA	$1.7B
EPS	$1.49
FCF per share	$1.46
Financing cash flow	$-761M
Free cash flow	$1B
Free cash flow minus SBC	$990M
Funds from operations (FFO)	$1.5B
Gross profit	$1.8B
Income taxes	$51M
Investing cash flow	$497M
Net cash flow	$1.3B
Net income	$1B
Operating cash flow minus SBC	$1.6B
Operating income	$908M
Revenue	$6.2B
Stock-based compensation	$27M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Book value per share	$9.33
Debt / EBITDA	3.18
Debt / equity	0.85
Debt / FCF	5.55
Interest coverage	3.83
Net cash (debt)	$-3.7B
Net cash / market cap	-20.95%
Net debt / EBITDA	2.18
Net debt / equity	0.56
Net debt / FCF	3.63
Piotroski F-Score	5
Property, plant and equipment	$10.2B
Shareholders' equity	$6.6B
Tangible book value	$6.4B
Tangible book value per share	$9.33
Total assets	$13.3B
Total cash	$2B
Total debt	$5.6B
Total liabilities	$6.6B
WACC	8.84%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.48
Current ratio	1.67
Net working capital	$-624M
Quick ratio	1.67
Working capital	$829M

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.38%
Dividend growth	85.56%
Dividend growth (10Y)	7.64%
Dividend growth (3Y)	29.44%
Dividend growth (5Y)	123.42%
Dividend growth years	4
Dividend payment date	2026-10-15
Dividend payment years	5
Dividend payout frequency	Quarterly
Dividend per share	$0.95
Dividend yield	3.77%
Ex-dividend date	2026-09-30
FCF payout ratio	114.09%
Last dividend	$0.20
Payout ratio	112.27%
Shareholder yield	5.13%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	69.11%
10Y return CAGR	9.87%
10Y total return	156.36%
150-day SMA	$22.75
15Y price change	72.35%
15Y return CAGR	7.8%
15Y total return	208.53%
1D price change	0.16%
1M price change	12.31%
1M total return	13.32%
1W price change	1.53%
1W total return	1.53%
1Y price change	51.32%
1Y return CAGR	63.41%
1Y total return	63.35%
20-day SMA	$23.67
200-day SMA	$21.87
20Y price change	6.79%
20Y return CAGR	4.02%
20Y total return	119.78%
3M price change	0.84%
3M total return	1.75%
3Y price change	67.31%
3Y return CAGR	26.33%
3Y total return	101.65%
50-day SMA	$22.86
50-day SMA vs 200-day SMA	50over200
52-week high	$25.71
52-week high date	2026-07-30
52-week low	$15.61
52-week low date	2025-10-31
5Y price change	50.42%
5Y return CAGR	14.02%
5Y total return	92.69%
6M price change	20.59%
6M total return	26.34%
All-time high	$43.75
All-time high date	1987-03-05
All-time low	$1.16
All-time low date	1974-12-23
Average true range (ATR)	$0.50
Average volume	8.2M
Beta (1Y)	-0.21
Beta (2Y)	0.59
Beta (5Y)	1.12
Change from 52-week high	-1.75%
Change from 52-week low	61.82%
Change from all-time high	-42.45%
Change from all-time low	2,068.82%
Change from open	-0.24%
Day's gap	0.4%
Dollar volume	$146.5M
High price	$25.39
Low price	$25.16
Monthly RSI	67.26
Open price	$25.32
Position in 52-week range	43.48%
Premarket change	0.52%
Premarket close	$25.22
Premarket price	$25.35
Previous close	$25.22
Price vs 150-day SMA	11.03%
Price vs 20-day SMA	6.73%
Price vs 200-day SMA	15.53%
Price vs 50-day SMA	10.49%
Relative volume	0.72
RSI	74.95
Sharpe ratio	1.97
Sharpe ratio (3Y)	0.83
Sharpe ratio (5Y)	0.46
Sortino ratio	3.33
Sortino ratio (3Y)	1.48
Sortino ratio (5Y)	0.86
Volume	5.8M
Weekly RSI	66.38
YTD price change	42.02%
YTD total return	50.38%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	674.2M
Float percentage	97.04%
Shares change (QoQ)	-0.33%
Shares change (YoY)	-1.38%
Shares held by insiders	1.47%
Shares held by institutions	104.76%
Shares outstanding	694.8M
Short % of float	5.83%
Short % of shares	5.66%
Short ratio	4.8 days

Deeper analysis on HST

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this HST report

What is the latest published HST stock rating?

Host Hotels & Resorts, Inc. is shown with Reduce in the latest published report, analyzed 2026-10-11. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full HST analysis?

The full latest published report, analyzed 2026-10-11, lives at /stocks/HST/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for HST?

The latest published report analyzed 2026-10-11 gives HST a fair value of USD 19 and a potential value of USD 26. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the HST page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-11). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

ReduceHST · Fair value $19.1-15.5%

Read full analysis →

Host Hotels & Resorts, Inc. (HST)

Our latest published analysis: HST rated Reduce

Price

Financial snapshot

Fair-value bridge

Latest news · HST

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All HST indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on HST

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	3.0
Management	8.5
Balance Sheet	6.0
Profitability	6.5
Revenue Growth	4.5
Risk Assessment	6.5
Competitive Moat	5.5
Earnings Quality	8.0
Capital Efficiency	3.5