Host Hotels & Resorts Inc. ($HST) Stock Forecast: Up 6.0% Today

What is Host Hotels & Resorts Inc.?

Host Hotels & Resorts (HST) is a real estate investment trust (REIT) that owns and operates luxury hotels and resorts. The company focuses on maximizing the value of its properties through strategic investments and operational excellence. Today, HST experienced a strong bullish movement in the market.

Why is Host Hotels & Resorts Inc. going up?

HST stock is up 6.0% on Nov 2, 2023 16:02

• HST reported better-than-expected Q3 results, with higher revenues driven by occupancy growth and improvements in group business.
• The company raised its 2023 adjusted funds from operations (AFFO) per share outlook, indicating positive expectations for future financial performance.
• The increase in hotel occupancy rates contributed to the upward movement in HST's stock price.
• The positive performance of high-yielding dividend stocks, including HST, may have also influenced investor sentiment and contributed to the bullish market movement.

HST Price Chart

HST Technical Analysis

HST News

Host Hotels' ( HST ) Q3 FFO Tops, Occupancy Up, '23 View Raised

Host Hotels (HST) posts better-than-expected Q3 results on higher revenues aided by occupancy growth and improvements in group business. It also raises its 2023 AFFO per share outlook.

https://www.zacks.com/stock/news/2177270/host-hotels-hst-q3-ffo-tops-occupancy-up-23-view-raised

Host Hotels & Resorts Q3 FFO Rises; Lifts FY Profit View

WASHINGTON (dpa-AFX) - Host Hotels & Resorts Inc. (HST) reported that its third quarter funds from operations rose to $290 million or $0.41 per share from $275 million or $0.38 per share last year…

https://www.finanznachrichten.de/nachrichten-2023-11/60537776-host-hotels-resorts-q3-ffo-rises-lifts-fy-profit-view-020.htm

Host Hotels & Resorts raises full-year adjusted FFO outlook on higher hotel occupancy

https://www.investing.com/news/stock-market-news/host-hotels--resorts-raises-fullyear-adjusted-ffo-outlook-on-higher-hotel-occupancy-3217989

https://www.investing.com/news/stock-market-news/host-hotels--resorts-raises-fullyear-adjusted-ffo-outlook-on-higher-hotel-occupancy-3217989

Host Hotels & Resorts raises full-year adjusted FFO outlook on higher hotel occupancy

Nov 1 ( Reuters ) - Real estate investment trust ( REIT ) Host Hotels & Resorts ( HST.O ) raised its full-year outlook for adjusted funds from operation ( FFO ) on Wednesday, helped by healthy hotel occupancy rates.

https://www.reuters.com/business/retail-consumer/host-hotels-resorts-raises-full-year-adjusted-ffo-outlook-higher-hotel-occupancy-2023-11-01/

Buy and Hold These 3 High-Yielding Dividend Stocks for Long-Term Gains

I read a recent Barron’s article about some of the reasons high-yielding dividend stocks could rebound.  Barron’s noted BMO Chief Investment Strategist Brian Belski comments that there’s been indiscriminate selling of high-yield dividend stocks by investors. The reason? You can get guaranteed returns of nearly 5% from 10-year Treasuries. The strategist pointed out that only during the pandemic and in the tech bubble did high-yielding dividend stocks underperform the S&P 500 over the past 30-odd years, suggesting that now was a perfect time to buy some of the down, but not out, cohort of stocks. “[I]t may be surprising to some that the strongest average outperformance of these stocks has occurred when the 10-year Treasury yield ranged between 4% and 6%, significantly higher than the average outperformance at lower yield levels,”  Belski says, according to Barron’s.  Barron’s contributor Teresa Rivas provides a list of high-yielding stocks to buy that Belski also rates highly. Here are the three names I like from the list of 11 names.

https://investorplace.com/2023/11/buy-and-hold-these-3-high-yielding-dividend-stocks-for-long-term-gains/

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Host Hotels & Resorts Inc. Price History

23.05.2023 - HST Stock was down 3.0%

• HST had a bearish movement today.
• The upcoming earnings call may have caused uncertainty among investors, leading to the sell-off.
• Despite recent gains, the market may be reacting to concerns about the company's ability to sustain its growth.
• The dividend hike news may not have been enough to offset these concerns.

23.05.2023 - HST Stock was down 0.2%

• HST had a strong bearish movement today.
• The upcoming earnings call announcement on August 3, 2023, may have caused investors to sell off their shares.
• Despite recent gains, the uncertainty surrounding the earnings report may have led to the bearish movement.
• The dividend hike news in an article from Zacks Commentary may not have been enough to offset the negative sentiment.

03.07.2023 - HST Stock was down 5.7%

• Host Hotels' Q2 earnings may have been negatively impacted by high interest expenses.
• The bearish movement in HST could be a result of the company's Q2 earnings falling short of expectations.
• The continued recovery in leisure demand and business transient demand may not have been enough to offset the impact of high interest expenses on Host Hotels' performance.
• The positive performance of other companies in the real estate sector, such as Cousins Properties (CUZ), Essex Property (ESS), UDR, and Mid-America Apartment (MAA), may have further highlighted the underperformance of Host Hotels, contributing to the bearish movement.

14.07.2023 - HST Stock was down 1.4%

• The bearish movement in HST stock today can be attributed to a combination of factors:
• 1. Downgrade by StockNews.com: The downgrade of HST stock by StockNews.com may have negatively impacted investor sentiment. This downgrade could have raised concerns about the company's future prospects and led to selling pressure on the stock.
• 2. Impact of Maui wildfires: The recent wildfires in Maui, which affected multiple companies including Host Hotels & Resorts, may have had an adverse impact on the company's operations. The ongoing rescue efforts and the tragic loss of life could have raised concerns about the potential financial implications for the company.
• 3. Earnings report: While not explicitly mentioned in the provided articles, the possibility of disappointing earnings results or guidance in the recently published Q2 earnings call presentation could have contributed to the bearish movement in HST stock.
• 4. Overall market conditions: It is important to consider the broader market conditions when assessing the movement of a specific stock. If the overall market experienced a bearish trend, it could have influenced the decline in HST stock as well.
• In conclusion, the bearish movement in HST stock today can be attributed to a combination of factors, including a downgrade by StockNews.com, the impact of Maui wildfires, potential disappointing earnings, and overall market conditions.

02.10.2023 - HST Stock was up 6.0%

• HST reported better-than-expected Q3 results, with higher revenues driven by occupancy growth and improvements in group business.
• The company raised its 2023 adjusted funds from operations (AFFO) per share outlook, indicating positive expectations for future financial performance.
• The increase in hotel occupancy rates contributed to the upward movement in HST's stock price.
• The positive performance of high-yielding dividend stocks, including HST, may have also influenced investor sentiment and contributed to the bullish market movement.