Host Hotels & Resorts

Host Hotels reported adjusted EPS of $0.35 for Q2 (consensus $0.33) and revenue of $1.64 billion, with RevPAR up 7.0% and adjusted EBITDAre of $525 million. The shares still fell about 7.3% to $23.29 because the outlook signaled only marginal revenue growth under GAAP and the number of room nights by individual travelers declined 0.7%. Management also cited storm damage costs in Hawaii ($27–32 million), ongoing hotel disposition charges and planned capital expenditures of $550–630 million. A mildly positive analyst update was not enough to prevent profit-taking and negative market dynamics. » Więcej na de.investing.com

The stock of Host Hotels & Resorts rose to a 52-week high of $25.41 and is up 55.77% year‑to‑date. Management raised its adjusted EBITDA guidance to $1.785–$1.835 billion, and Stifel increased its FFO forecast for 2026 to $2.10–$2.16 per share. Analysts adjusted price targets: Argus to $27.00, Stifel to $26.25 and UBS to $23.00; Argus also sees a positive impact from the FIFA World Cup on RevPAR. » Więcej na de.investing.com

Analysts raised price targets on Host Hotels & Resorts after stronger-than-expected RevPAR and updated lodging REIT outlooks. BMO Capital raised its target to $27 and kept an Outperform rating, Ladenburg lifted its target to $28 with a Buy rating, and Raymond James raised its target to $27 with Outperform. Firms noted World Cup upside is limited but hotel pricing moderation at many properties and solid RevPAR point to potential upside for Q2 results. Host Hotels & Resorts is a self-managed lodging REIT listed on NASDAQ under HST. » Więcej na finance.yahoo.com