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Host Hotels & Resorts, Inc. (HST) stock analysis

HSTNasdaqReal Estate Investment TrustsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 6, 2026Score 10/304% above fair value
$25.52−0.26 (-1.01%)

Close on Nov 12, 2026Market cap $17.48BP/E 18.8Yield 3.72%

StockData Score

Prices as of Nov 11, 2026How the score works

Value1Growth2Performance4Health0Dividend3

Mixed10 of 30 checks passed

Host Hotels & Resorts passes 10 of the 30 checks behind our score; 8 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation
1/6
Growth
2/6
Past performance
4/6
Financial health
0/6
Dividend
3/6

What stands out

  • Return on capital over 10%

    Return on invested capital was 16.0%, above the 10% that usually covers the cost of capital.

  • P/E below the industry

    Host Hotels & Resorts's P/E of 19.0 is below the Miscellaneous Investing median of 26.3.

  • Guidance raised

    Host Hotels & Resorts raised its Current Full Year 2026 Guidance NAREIT FFO per diluted share outlook on Aug 5, 2026.

  • Growing faster than the industry

    Revenue grew 5.0% over the last twelve months; the Miscellaneous Investing median is 4.6%.

What to watch

  • Margin of safety under 20%

    The price is 4.1% above fair value, so there is no margin of safety.

  • Trading above fair value

    The share price of $25.78 is above our fair value estimate of $24.76.

  • Return on equity under 15%

    Return on equity was 14.4% over the last twelve months and averaged 8.5% over five years; we look for 15% on both.

  • Revenue growing under 10% a year

    Revenue grew 7.6% a year over the last three fiscal years, short of the 10% we look for.

Valuation1/6
  • P/E above its 5-year median

    Host Hotels & Resorts's P/E of 19.0 is above its own 5-year median of 17.0.

  • P/E below the industry

    Host Hotels & Resorts's P/E of 19.0 is below the Miscellaneous Investing median of 26.3.

  • EV/EBITDA above its 5-year median

    Host Hotels & Resorts's EV/EBITDA of 9.5 is above its 5-year median of 7.7.

  • P/B above the industry

    Host Hotels & Resorts's price-to-book of 2.79 is above the Miscellaneous Investing median of 1.20.

  • Trading above fair value

    The share price of $25.78 is above our fair value estimate of $24.76.

  • Margin of safety under 20%

    The price is 4.1% above fair value, so there is no margin of safety.

Growth2/6
  • Revenue growing under 10% a year

    Revenue grew 7.6% a year over the last three fiscal years, short of the 10% we look for.

  • EPS growing under 10% a year

    Diluted EPS grew 7.7% a year over the last three fiscal years.

  • Earnings acceleration

    Needs positive net income now, a year ago and five years ago.

  • Growing faster than the industry

    Revenue grew 5.0% over the last twelve months; the Miscellaneous Investing median is 4.6%.

  • Guidance raised

    Host Hotels & Resorts raised its Current Full Year 2026 Guidance NAREIT FFO per diluted share outlook on Aug 5, 2026.

  • Gross margin trend

    This company does not report gross profit.

Past performance4/6
  • Return on equity under 15%

    Return on equity was 14.4% over the last twelve months and averaged 8.5% over five years; we look for 15% on both.

  • Return on capital over 10%

    Return on invested capital was 16.0%, above the 10% that usually covers the cost of capital.

  • Return on equity above the industry

    Host Hotels & Resorts's return on equity of 14.4% is above the Miscellaneous Investing median of 3.1%.

  • Earnings over 5 years

    Needs positive net income five years ago and in the latest year.

  • Net margin above its 5-year average

    Net margin was 15.0% over the last twelve months, against a 5-year average of 10.2%.

  • Net margin above the industry

    Host Hotels & Resorts's net margin of 15.0% is above the Miscellaneous Investing median of 10.3%.

Financial health0/6
  • Debt level

    Needs debt and equity figures.

  • Debt trend

    Needs a balance sheet from five years ago with positive equity.

  • Debt coverage

    Needs operating cash flow.

  • Interest not well covered

    Operating income covers interest expense 3.9 times; we look for at least 5.

  • Short-term liquidity

    The balance sheet is not split into current and non-current items.

  • Bankruptcy risk in the grey zone

    The Altman Z-score is 2.35; above 3 is the safe zone and below 1.8 the distress zone.

Dividend3/6
  • Pays a dividend

    Host Hotels & Resorts paid dividends worth 6.5% of the share price over the last twelve months.

  • Yield above Treasuries

    The 6.5% yield is above the 4.4% on a 1-year Treasury.

  • Yield in the top quarter

    The top quarter of US dividend payers yield 3.8% or more; Host Hotels & Resorts yields 6.5%.

  • Dividend was cut

    The dividend per share fell by more than 10% at least once in the last 10 fiscal years.

  • Not covered by earnings

    Dividends take 122% of net income, leaving little room.

  • Cash-flow cover

    Needs dividends paid and free cash flow.

Scores of similar companies

Our estimate per share

$24.76

The share price is 4% above this estimate.

20%+ below
Near fair value
20%+ above
$25.78Price
MethodMultiple usedOwn 5Y medianIndustry medianValue per shareWeight
P/E21.7×17.0×26.3×$29.4540%
EV/EBITDA8.6×7.7×9.5×$23.5235%
P/B1.5×1.9×1.2×$14.2210%
Earnings power9.8% cost of equity––$22.2015%
Fair value$24.76100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

  • P/E at month end
  • Own 5-year median 17.0
  • Miscellaneous Investing median 26.3

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day
$219.08M
Value traded per 1% price move
$190.89M

Downside

Low risk

Typical loss in a bad month
10.1%
Volatility (annualized)
25%
Sharpe ratio, 1 year
1.49
Beta to the S&P 500 (5Y)
0.97

Typical bad-month loss, week by week

25%: high

Margins

Share of revenue, fiscal years 2011 to 2025

Operating margin

14.0%+72.8 pts over 5 years

Net margin

12.5%+57.7 pts over 5 years

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