
25.29 USD (+13.7%)
20 analysts
What does it do?
Host Hotels & Resorts is a real estate investment trust (REIT) that owns and operates a portfolio of luxury and upper-upscale hotels and resorts in the United States and internationally, generating revenue primarily from room rentals, food and beverage, and event spaces.
Key points
from its scores- ✓Good share-price trend9.2
- ✓Very solid balance sheet7.9
- ✕Little or no dividend4.9
- !Risks to watch5.2
- !Moderate growth5.5
AI analysis
bottom line, main risk, context and newsStrong cash generation and positive momentum (9.21) offset rate pressure, but exposure to rising capital costs limits near-term re-rating potential.
Host Hotels shows solid financial health (8.28) with moderate debt (ND/EBITDA 2.18) and exceptional cash conversion (99.85%), although its valuation (6.86) and dividend (4.91) are pressured by the rising rate environment, which makes refinancing more expensive and raises the discount rate on its assets.
The main risk is interest rate sensitivity: with debt at 85.3% of equity and a long-duration business model, a sustained rise in long-term US rates could compress margins and valuation.
Context and risks
The rise in long-term US rates directly pressures Host Hotels, a hotel REIT with Net Debt/EBITDA of 2.18 and Debt/Equity of 85.3%, which refinances its debt in a rising cost of capital environment. Higher rates also increase the discount rate applied to its rental flows, a structural effect for the real estate sector.
Is Host Hotels & Resorts stock cheap or expensive?
at the analysis dateOn P/E and Price / book, it trades 18% above the Real Estate median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 15.0 | 21.6 | −30% |
| EV / EBITDA | 11.3 | 18.5 | −39% |
| Price / book | 2.4 | 1.4 | +67% |
| Price / sales | 2.5 | 6.3 | −61% |
Sector: median of the 100 Real Estate companies analysed. In bold, the multiples used for the comparison.
Valuation score: 6.6 out of 10 (median for Real Estate: 4.9).
Average analyst target: 25.29 USD, +13.7% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 5.9 (sector 5.2), Growth 5.5 (sector 5.7).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Real Estate medianValuation
- P/E
- 15.0
- Forward P/E
- 21.1
- EV / EBITDA
- 11.3
- Price / book
- 2.4
- Price / sales
- 2.5
- PEG
- 3.41
- Market cap
- 15.5B USD
- Enterprise value
- 19.2B USD
Profitability
- ROE
- 15.6%
- ROA
- 4.3%
- ROIC (approx.)
- 9.4%
- Gross margin
- 29.2%
- Operating margin
- 18.2%
- Net margin
- 16.5%
- Free cash flow
- 1.7B USD
- FCF yield
- 11.0%
- Cash conversion
- 100%
Solvency
- Total debt
- 5.6B USD
- Net debt
- 3.7B USD
- Cash
- 2.0B USD
- EBITDA
- 1.7B USD
- Net debt / EBITDA
- 2.18
- Debt / equity
- 85.30
- Current ratio
- 1.67
- Quick ratio
- 1.67
Growth
- Revenue growth
- +3.6%
- Earnings growth
- +8.4%
- EPS (TTM)
- 1.48 USD
- EPS (forward)
- 1.06 USD
Dividend
- Dividend yield
- 3.6%
- Payout
- 54.0%
Risk and market
- Beta
- 1.12
- Analyst consensus
- Buy (20)
- Target price
- 25.29 USD
- 52-week range
- 15.61 – 25.71
Recent news
All HST news →Compare it with its sector
All 100 in Real Estate →Frequently asked questions about Host Hotels & Resorts
Is Host Hotels & Resorts stock cheap or expensive?
On P/E and Price / book, it trades 18% above the Real Estate median on average. Valuation score: 6.6 out of 10 (median for Real Estate: 4.9). Average analyst target: 25.29 USD, +13.7% versus the price. This is not investment advice.
What score does Host Hotels & Resorts get on MeridIAn Screener?
It scores 6.3 out of 10, rank 728 of 2,130 (better than 63% of the companies analysed). Its strongest category is Momentum (9.2) and its weakest, Dividend (4.9). Analysis of 08/10/2026.
What is Host Hotels & Resorts's P/E ratio?
Its P/E is 15.0: the share price equals 15.0 times earnings per share over the last 12 months. The Real Estate median is 21.6. Based on the earnings analysts expect, the forward P/E is 21.1.
How much is Host Hotels & Resorts worth on the stock market?
Its market capitalisation is 15.5B USD.
Does Host Hotels & Resorts pay a dividend?
Yes: its dividend yield is 3.60% and it pays out 54% of its earnings.
How has Host Hotels & Resorts stock performed over the last year?
It has risen 51.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 15.61 and 25.71 USD. Past performance does not guarantee future results.
What do analysts think of Host Hotels & Resorts?
20 analysts cover it; their average recommendation is “Buy” and their average target is 25.29 USD (+13.7% versus the price). It is an estimate, not market data.
