Host Hotels & Resorts, Inc. (HST)

Real Estate · Hotel & Resort REITs · US stock · S&P 500 component

$24.87 ▼ -0.22 (0.88%)

At close 22 Oct 2026 · USD · Volume 9,424,392

Compare with VICI

Interactive chart Research report Forecast ranges Pro workspace SEC filings Historical data

Fair valueFair

$25 −1.2% to fair value

$12fair band $21–$30$37

Day's range

$24.59 – $25.29

52-week range

$15.61 – $25.71

About Host Hotels & Resorts, Inc.

Host Hotels & Resorts is a real estate investment trust that owns upscale and luxury hotels in major cities and resort destinations, mostly in the United States. The properties are operated under brands from large hotel management companies. Revenue comes from room rentals, food and beverage sales and other hotel services, so results follow travel demand, occupancy and room rates.

Host Hotels & Resorts, Inc. generated $6.2 billion in revenue during the last twelve months. The three-year revenue growth rate is 7.6% a year. Operating margin stands at 14.6%, showing profit left after running costs. Return on invested capital stands at 16%. A dividend is paid, with a yield of 6.7%. The X-Ray Score is 59 out of 100. Operating margin shows how much of each dollar of revenue remains after operating costs.

Price chart

Interactive chart Historical data & CSV

52-wk range $15.61 – $25.71Volume 9,424,392Daily, split-adjusted

Vitals

Market cap$17.1B

52-week range$15.61 – $25.71

Volume (last day)9,424,392

P/E (TTM)16.7

EBIT / EV yield5.8%

Free-cash-flow yield–

Dividend yield6.7%

Revenue (TTM)$6.2B

Net income (TTM)$1.0B

Operating margin14.6%

Return on capital16.3%

Debt incl. leasesData missing

Cash & securities$2.0B

Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.

Fair value estimate

$25middle half of models $23 – $26

Fair −1.2% to fair value

Average of the 4 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is High, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.

Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so multiples applied to today's profit may overstate value; model uncertainty is set to High

Price $25

Undervalued < $21Fair $21 – $30Overvalued > $30

P/B multiple

$20

P/S multiple

$30

P/FFO multiple

$24

P/AFFO multiple

$24

Dividend discount, stable · not used

$96

Dividend discount, multi-stage · not used

$200

A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.

What this means

Average business, fairly priced

The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.

Before you invest · decision checklist

I understand how this company makes money Business quality is average or better ✓ 62 The price is not above fair value $25 fair value Debt looks manageable Revenue has been growing 7.6% a year Profits are backed by cash There are no red flags none raised I know what share of my savings this would be

Ticked boxes are filled in from our data; the rest are yours to answer.

The five-lens scan

Every score explained in one sentence, ranked against Real Estate peers. Open a lens to see the numbers behind it.

Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data

Valuation Weak

47/100

Expensive against its sector on earnings and cash flow.

See the numbers →

EBIT / EV yield5.8%

Fair value vs price1.0×

Growth Fair

64/100

Growing at a typical pace for its sector.

See the numbers →

Revenue growth (3y)7.6%

EPS growth (3y)7.7%

Growth consistency100%

Profitability Fair

56/100

Returns on capital are typical for its sector.

See the numbers →

Return on invested capital16.3%

Operating margin14.6%

Financial health Fair

67/100

Balance sheet is in typical shape for its sector.

See the numbers →

Piotroski F-Score7 / 9

Interest cover3.8×

Dividends Fair

68/100

Dividend is typical for its sector.

See the numbers →

Dividend yield6.7%

Dividend growth60.7%

Quarterly results: last 6 quarters

+8.4%

Mar '25

+8.2%

Jun '25

+0.9%

Sep '25

+12.3%

Dec '25

+3.2%

Mar '26

+3.4%

Jun '26

Revenue against the same quarter a year earlier. Latest quarter revenue $1.6B, diluted EPS $0.35.

Compare with peers

VICI Vici Properties Inc.64

Other Hotel & Resort REITs companies by X-Ray Score.

SWOT analysis: Host Hotels & Resorts, Inc.

Strengthsinside the company

Return on invested capital is 16.3%, against a median of 7.3% for sector peers.
Passes 7 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.

Weaknessesinside the company

Operating margin of 14.6% is thin against 36.0% for sector peers.

Opportunitiesvaluation and setting

Trades at 16.6x earnings, 48% below the 32.2x median of sector peers.
Price momentum is strong on the weekly and monthly signals (trends can reverse).

Threatsvaluation and setting

Valuation uncertainty is high: the models give widely different values, so the fair value range is wide.
Our Market Compass rates the backdrop for Real Estate as unfavourable.

Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.

Compare HST with peers and sector

Medians of 28 Real Estate peers and of 28 Real Estate stocks in our universe. Largest peers (X-Ray Score): WELL 48, PLD 43, EQIX 51, AMT 53, SPG 42, DLR 37.

Metric	HST	Peers	Sector
X-Ray Score (out of 100)	59	51	51
Valuation	47	53	53
Growth	64	56	56
Profitability	56	50	50
Financial health	67	53	53
Dividends	68	47	47

Sector leaders: highest X-Ray Score in Real Estate

HST ranks #5 of 29 in Real Estate by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.

Company	X-Ray Score
#1 VICI Vici Properties Inc.	64
#2 ARE Alexandria Real Estate Equ...	62
#3 VMRK Vivmark Residential	62
#4 INVH Invitation Homes Inc.	59
#5 HST Host Hotels & Resorts, Inc... (this stock)	59

Metric	HST	Peers	Sector
P/E ratio	16.6x	32.2x	32.2x
PEG ratio	2.15	1.64	1.64
Price / book	2.7x	2.6x	2.6x
Price / sales	2.7x	7.1x	7.1x
EV / EBITDA	9.3x	18.7x	18.7x
Price / free cash flow	–	21.4x	21.4x
Dividend yield	6.7%	4.2%	4.2%
Gap to our fair value	−1.2%	+7.0%	+7.0%

Metric	HST	Peers	Sector
Price change, 1 month	+12.6%	+2.0%	+2.0%
Price change, 3 months	+2.4%	−6.8%	−6.8%
Price change, 6 months	+25.0%	+1.6%	+1.6%
Price change, 1 year	+59.8%	+2.2%	+2.2%

Metric	HST	Peers	Sector
Market value	$17.1B	$25.3B	$25.3B
Revenue (last 12 months)	$6.2B	$3.8B	$3.8B
EBITDA (last 12 months)	$1.7B	$2.3B	$2.3B
Net income (last 12 months)	$1.0B	$761M	$761M
Free cash flow (last 12 months)	–	$1.3B	$1.3B

Metric	HST	Peers	Sector
Revenue growth, last year	+7.6%	+5.1%	+5.1%
Revenue growth, 3 years a year	+7.6%	+6.6%	+6.6%
EPS growth, 3 years a year	+7.7%	−3.5%	−3.5%
Free cash flow growth, 3 years a year	–	+0.9%	+0.9%
Dividend growth	+60.7%	+8.3%	+8.3%

Metric	HST	Peers	Sector
Gross margin	–	70.1%	70.1%
EBITDA margin	27.2%	62.1%	62.1%
Operating margin	14.6%	36.0%	36.0%
Net margin	16.5%	21.7%	21.7%
Return on invested capital	16.3%	7.3%	7.3%
Return on equity	16.1%	7.2%	7.2%

Metric	HST	Peers	Sector
Net debt / EBITDA	–	4.6x	4.6x
Interest cover	3.8x	3.3x	3.3x
Current ratio	–	0.9x	0.9x
Piotroski F-score (0 to 9)	7	6	6

Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.

Factor ratings for HST

Each factor is rated by where HST stands among the 29 Real Estate stocks in our universe.

Rating against the sector

Goodthe top third of these stocks

Averagethe middle third of these stocks

Badthe bottom third of these stocks

"Beats" is the share of those stocks it is ahead of.

Against its own history

The last columns set today's figure against the company's own median of its last five financial years:

▲ Betterbetter than its usual level

▼ Worseworse than its usual level

≈ In linewithin its usual range

For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.

In total: 7 Good · 6 Average · 3 Bad of 16 Growth: 1 · 2 · 0 Profitability: 2 · 1 · 1 Financial strength: 1 · 1 · 0 Valuation: 3 · 1 · 0 Cash flow: 0 · 1 · 2

Factor	HST	Rating	Sector median	Own 5-year median	Against own history
Growth
Revenue growth, 3 years a year	+7.6%	Average beats 57%	+6.8%	–	–
Revenue growth, last year	+7.6%	Good beats 74%	+5.1%	+8.2%	≈ In line
EPS growth, 3 years a year	+7.7%	Average beats 56%	−1.9%	–	–
Profitability
Operating margin	14.6%	Bad beats 23%	34.3%	15.4%	≈ In line
Net margin	16.5%	Average beats 36%	21.5%	12.5%	▲ Better
Return on invested capital	16.3%	Good beats 94%	7.5%	–	–
Return on equity	16.1%	Good beats 87%	7.3%	10.5%	▲ Better
Financial strength
Interest cover	3.8x	Average beats 65%	3.4x	4.1x	≈ In line
Piotroski F-score	7 / 9	Good beats 69%	6 / 9	–	–
Valuation
P/E ratio	16.6x	Good beats 91%	32.1x	17.9x	≈ In line
Price / book	2.7x	Average beats 44%	2.6x	1.9x	▼ Worse
Price / sales	2.7x	Good beats 88%	7.0x	2.3x	▼ Worse
EV / EBITDA	9.3x	Good beats 94%	18.6x	8.1x	▼ Worse
Cash flow
Free cash flow margin	25.8%	Bad beats 19%	44.6%	26.4%	≈ In line
Cash from operations / net income	1.56	Bad beats 30%	1.91	2.06	▼ Worse
Accruals (lower is better)	−4.4%	Average beats 64%	−3.7%	–	–

These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.

Fundamentals checklist

● 4 Good · ● 4 Average · ● 2 Bad

Cash quality

Earnings backed by cashAverage

Risk models

Piotroski F-ScoreGood

Growth

EPS growth (3y)Average

Revenue growth (3y)Average

Growth consistencyGood

Balance sheet

Interest coverAverage

Valuation

Fair value vs priceBad

EBIT / EV yieldGood

Profitability

Return on invested capitalGood

Operating marginBad

Each check is graded against the company's sector, not a fixed number. Checklist score 61/100.

Financials

	FY21	FY22	FY23	FY24	FY25
Revenue	$2.9B	$4.9B	$5.3B	$5.7B	$6.1B
Operating income	−$250M	$775M	$827M	$875M	$855M
Net income	−$11M	$633M	$740M	$697M	$765M
Operating cash flow	$292M	$1.4B	$1.4B	$1.5B	$1.5B
Operating margin	-8.7%	15.8%	15.6%	15.4%	14.0%
Free cash flow	–	–	–	–	–
Diluted EPS	$-0.02	$0.88	$1.04	$0.99	$1.10

Fiscal years, from SEC filings.

Technical summary

Daily

Bullish

12 bullish · 0 neutral · 4 bearish

Weekly

Strongly bullish

10 bullish · 1 neutral · 1 bearish

Monthly

Strongly bullish

7 bullish · 0 neutral · 1 bearish

Moving averages (daily)

SMA 10	23.83	Bullish
EMA 10	24.02	Bullish
SMA 20	23.12	Bullish
EMA 20	23.41	Bullish
SMA 50	22.55	Bullish
EMA 50	22.92	Bullish
SMA 100	23.09	Bullish
EMA 100	22.45	Bullish
SMA 200	21.04	Bullish
EMA 200	21.14	Bullish

Oscillators (daily)

RSI (14)	74.54	Bearish
MACD (12, 26)	0.64	Bullish
Momentum (12)	10.63	Bullish
Stochastic %K (14)	86.89	Bearish
Williams %R (14)	-13.11	Bearish
CCI (20)	151.0	Bearish

Pivot points (classic, last session)

23.85

24.22

24.55

Pivot

24.92

25.24

25.61

25.94

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

1.67 USD

Yield on today's price

6.71%

Frequency

Quarterly

Next ex-dividend date

Not announced

Ex-dividend date	Amount per share
30 Sep 2026	0.2000
30 Jun 2026	0.9200
31 Mar 2026	0.2000
31 Dec 2025	0.3500
30 Sep 2025	0.2000
30 Jun 2025	0.2000
31 Mar 2025	0.2000
31 Dec 2024	0.3000
30 Sep 2024	0.2000
28 Jun 2024	0.2000
27 Mar 2024	0.2000
28 Dec 2023	0.4500

Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.

ETFs that hold HST

ETF	Share of the fund
ICF iShares Cohen & Steers REIT	1.98%
XLRE The Real Estate Select Sector SPDR	1.56%
SPYD SPDR Portfolio S&P 500 High Dividend	1.52%
RWR SPDR Dow Jones REIT	1.42%
USRT iShares Core U.S. REIT	1.37%
DFAR DFA Investment Dimensions Group Inc.	1.27%
IYR iShares U.S. Real Estate	1.12%
SCHH Schwab U.S. REIT	1.04%

The eight funds with the largest weight in HST among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.