Host Hotels & Resorts, Inc. (NASDAQ:HST) will hold its Q4 2024 Earnings Conference Call on February 20, 2025, at 10:00 AM ET. The call will feature company representatives including Jaime Marcus, Jim Risoleo, and Sourav Ghosh, along with various conference call participants from different financial institutions. Good morning, and thank you for joining us for this call, which is being recorded.
The financial results for Host Hotels (HST) in the quarter ending December 2024 provide insight into the company's performance. It may also be helpful to compare some important metrics with Wall Street predictions and figures from the previous year.
Host Hotels (HST) reported quarterly funds from operations (FFO) of $0.44 per share, which is higher than the Zacks Consensus Estimate of $0.40 per share. This result is the same as the FFO of $0.44 per share from the previous year.
James Risoleo, the CEO of Host Hotels, appears on 'Closing Bell Overtime' to discuss the latest quarterly results, trends in consumer travel, and other topics.
In 2024, $1.5 billion worth of acquisitions were completed, and the total revenue per available room (RevPAR) for comparable hotels grew by 2.1%. The company has a well-structured maturity schedule and issued $900 million in senior notes this year.
HST's earnings for the fourth quarter are expected to have improved due to strong demand in its group business and smart investments. Nevertheless, the high interest costs are a cause for worry.
Host Hotels' stock is currently undervalued, and it could recover as weather issues improve and profit margins are anticipated to grow in 2025. The results for the third quarter of 2024 were impressive, showing revenue growth and planned share buybacks, even with difficulties from the Maui wildfires and rising wages. The company's varied portfolio and strong financial position allow for opportunities in acquisitions and buybacks, which can increase value for shareholders.
BETHESDA, Md., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST), the biggest lodging real estate investment trust in the U.S., will announce its financial results for the fourth quarter of 2024 on Wednesday, February 19, 2025, after the market has closed.
Consistent dividend payments are the main reason why investors are drawn to REITs, and HST's special dividend contributes to a total of 90 cents in dividends for the year.
BETHESDA, Md., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Host Hotels & Resorts, Inc. (NASDAQ: HST), the largest lodging real estate investment trust in the U.S., has announced that its board of directors has approved a regular quarterly cash dividend of $0.20 per share. Additionally, the company will issue a special dividend of $0.10 per share, making the total dividends for the year $0.90 per share. This dividend will be paid on January 15, 2025, to shareholders who are on record as of December 31, 2024.