HST
Host Hotels & Resorts, Inc.
HST's fundamentals are mixed: earnings per share grew 30%, while its operating margin rose 1 points to 15%. At 19x earnings, it's trading above its usual 17x. Analysts expect earnings growth.
HST Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| N/A | |
| N/A |
HST's profitability is currently healthy, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like HST.
HST PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $20.05 | -21% |
| Fair | 17x | $22.92 | -10% |
| Expensive | 19x | $26.41 | +3.5% |
| Current | 19x | $25.52 | — |
| Forward | 24x | $25.52 | — |
Historical ranges are pointers, not guarantees.
HST's PE is in its expensive range at 19x. On analysts' estimates for next year's earnings, today's price would be 24x.
HST Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect HST's earnings to grow and its profitability to improve, with its revenue holding steady.
HST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.07 | -22% |
| Q3 2026 | $1.37 | +30% |
| Q2 2026 | $1.50 | +60% |
| Q1 2026 | $1.47 | +53% |
| Q4 2025 | $1.10 | +11% |
| Q3 2025 | $1.05 | +1.9% |
| Q2 2025 | $0.94 | -12% |
| Q1 2025 | $0.96 | -5.9% |
| Q4 2024 | $0.99 | -4.8% |
HST earned $1.37 per share over the past year, up 30% from the year before.
HST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.3B | +1.2% |
| Q2 2026 | $1.6B | +3.4% |
| Q1 2026 | $1.6B | +3.2% |
| Q4 2025 | $1.6B | +12% |
| Q3 2025 | $1.3B | +0.9% |
| Q2 2025 | $1.6B | +8.2% |
| Q1 2025 | $1.6B | +8.4% |
| Q4 2024 | $1.4B | +7.9% |
HST's revenue has grown year over year for 22 quarters in a row: $1.3B last quarter, up 1.2% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 9% | +1.4 points |
| Q2 2026 | 18% | +0.4 points |
| Q1 2026 | 19% | +1.5 points |
| Q4 2025 | 12% | +1 points |
| Q3 2025 | 7.6% | -2.7 points |
| Q2 2025 | 17% | -2.5 points |
| Q1 2025 | 18% | -1.9 points |
| Q4 2024 | 11% | -2.1 points |
HST's operating margin was 9% last quarter, up 1.4 points from the same quarter a year ago.
HST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $274M | +92% |
| Q2 2026 | $451M | +18% |
| Q1 2026 | $291M | +12% |
| Q4 2025 | $445M | +89% |
| Q3 2025 | $143M | -45% |
| Q2 2025 | $381M | -6.8% |
| Q1 2025 | $259M | -22% |
| Q4 2024 | $235M | -6.7% |
HST's free cash flow was $1.5B over the past year, up 44% from the year before. Free cash flow isn't a meaningful measure for real estate companies like HST.
HST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +300K shares |
| 1 year | -0.3% | -2.2M shares |
| 3 years | -3.5% | -24.6M shares |
| 5 years | -2.6% | -18.3M shares |
HST has 687M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $75M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $105M |
| Q1 2025 | $100M |
| Q4 2024 | — |
HST spent $75M buying back its own shares over the past year, down 63% from the year before.
HST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.2x | Moderate |
| Q2 2026 | 1.9x | Healthy |
| Q1 2026 | 2.1x | Moderate |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 2.9x | Moderate |
| Q2 2025 | 2.9x | Moderate |
| Q1 2025 | 2.9x | Moderate |
| Q4 2024 | 0.2x | Very low |
HST's net debt is about 2.2 years of its operating earnings (EBITDA), down from 2.9 years a year ago. Net leverage isn't a meaningful measure for real estate companies like HST.
HST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.1 | Neutral |
| Stochastic | 79.7 | Neutral |
HST's weekly RSI is 65 (neutral) and its Stochastic is 80 (neutral).
HST PE vs Real Estate Sector
| Metric | HST | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 24x | 22% below |
| PE % | 77 | 23 | 54 pts above |
HST is trading at 19x earnings, a 22% discount to the Real Estate sector's median of 24x.
HST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $24.0 | 6.5% above |
| 20 week MA | $23.5 | 8.7% above |
| 50 week MA | $21.6 | 18% above |
| 100 week MA | $18.9 | 35% above |
| 200 week MA | $18.3 | 39% above |
HST is in an uptrend: it's above all five of its weekly moving averages, and 39% above its 200-week average.
HST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.9 | $14.2 | -25% |
| 2021 | $14.2 | $17.4 | +22% |
| 2022 | $17.4 | $16.3 | -5.8% |
| 2023 | $16.3 | $19.5 | +19% |
| 2024 | $19.5 | $18.0 | -7.7% |
| 2025 | $18.0 | $18.4 | +2.6% |
| 2026 YTD | $18.4 | $25.5 | +38% |
HST is up 38% so far in 2026, after finishing lower in three of the previous six years.