Host Hotels & Resorts (HST)
NASDAQReal EstateReit - Hotel & MotelSnapshot 2026-09-04
$22.05+0.27%
Close 2026-09-04 · 1-day change
NASDAQReal EstateReit - Hotel & MotelSnapshot 2026-09-04
Intact: The reason to own it still holds.
Host Hotels & Resorts is growing revenue with a raised 2026 revenue guidance near $6.18 billion. Profit per share is expected to rise to about $1.37 in 2026. RevPAR growth guidance was increased to 3.5% to 5.0%, boosted by events like the World Cup. The stock trades cheaply with a P/E of 12.3, below peers at 16.2.
Hotel demand could weaken, hurting revenue and profit growth. RevPAR growth might fall below the raised 3.5% floor. Rising costs or economic shocks could pressure margins and earnings. The sector faces headwinds that could slow recovery.
The market prices in about flat revenue growth and values the stock roughly 14% below our fair value estimate. Our fair value is above the Street median, reflecting a more optimistic view on recovery and profit growth.
Breaks if: EPS falls below $1.30 in FY26
Breaks if: Revenue falls below $6.097 billion in FY26
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a durable compounder with a focus on the hospitality sector. The current thesis is intact, supported by recent earnings beats and a commitment to improving revenue guidance.
The market has priced HST as cheap compared to its peers, with a notable expectations gap. However, there is a fragility in earnings quality that suggests the market is cautious about future performance.
Management is on track to meet its revenue and earnings guidance, which has seen consistent upward revisions. However, the earnings quality remains fragile, and there is a moderate risk of missing expectations.
The thesis hinges on several factors, including the potential for the Federal Reserve to cut interest rates and the performance of sector peers. A reversal in guidance could significantly impact credibility and stock performance.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The company raised its outlook, supporting revenue and earnings guidance for 2026. There are no new threats impacting the thesis at this time.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Host Hotels & Resorts aims to maintain its revenue guidance for the full year 2026.
Breaks if: RevPAR growth falls below 3.5% in FY26
Host Hotels & Resorts aims to increase its Total RevPAR growth guidance for 2026.
Breaks if: P/E rises above 16.2 without earnings growth
Overall, HST's fundamentals are strong, but the investment carries moderate risk due to sector challenges and execution quality. Not investment advice.