Back to top

Image: Bigstock

Host Hotels & Resorts (HST) Jumps: Stock Rises 6.3%

Read MoreHide Full Article

Host Hotels & Resorts, Inc. (HST - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.05 to $18.64 in the past one-month time frame.

The move came after the company reported solid fourth-quarter 2018 results. It also announced the buyout of 1 Hotel South Beach for $610 million.

The company has seen a mixed track record when it comes to estimate revision of no increase and two decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Host Hotels & Resorts currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Host Hotels & Resorts, Inc. Price

Investors interested in the REIT and Equity Trust - Other industry may consider Arbor Realty Trust (ABR - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is HST going up? Or down? Predict to see what others think:Up or Down

Today's Best Stocks from Zacks

Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.

This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.

See their latest picks free >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Host Hotels & Resorts, Inc. (HST) - free report >>

Arbor Realty Trust (ABR) - free report >>

Published in