---
title: Host Hotels & Resorts (HST) — intrinsic value and fair price
canonical: https://sweetvaluelab.com/stocks/hst
ticker: HST
as_of: 2026-10-17
sector: Real Estate
industry: REIT - Hotel & Motel
---
# Host Hotels & Resorts (HST)

Host Hotels & Resorts (HST) closed at $23.97 on Oct 16, 2026, overvalued by 24% vs its model value of $19.32 (from its own five-year median price to Cash FFO).

## Key figures

| Figure | Value |
| --- | ---: |
| Last close | $23.97 (Oct 16, 2026) |
| Model value (from its own five-year median price to Cash FFO) | $19.32 |
| Price vs model | overvalued by 24% vs model |
| Range of that model | $18.15 – $22.08 |
| Market value | $16.4B |
| P/E (fiscal 2025) | 21.8 |
| Net margin (fiscal 2025) | 12.5% |
| Free cash flow (fiscal 2025) | $866.0M |
| Dividend yield (trailing twelve months) | 6.97% |
| Beta | 1.12 |
| Cost of capital (WACC) | 9.89% |
| Business classification | Dividend Payer (Low/slowing growth (~7% recent), Decelerated from ~30% 5y CAGR, Moderate margins (13% net margin), Strong dividend yield, Highly cyclical earnings, Strong FCF yield (5.3%)) |

## On the stock lists

| List | Place | Figure | Page |
| --- | ---: | ---: | --- |
| Highest dividend yield | #3 | 6.97% | https://sweetvaluelab.com/lists/highest-dividend-yield |

## Dividends

| Figure | Value |
| --- | ---: |
| Trailing dividend yield | 6.97% |
| Dividends per share, last 12 months | $1.67 |
| Dividends / FFO (fiscal 2025) | 39.9% |
| Raised | — |
| Growth over 4 years | 42.1% a year |
| Latest payment | $0.20, ex-date Sep 30, 2026, paid Oct 15, 2026 |

| Year of payments | Dividends per share |
| --- | ---: |
| To Sep 29, 2022 | $0.41 |
| To Sep 28, 2023 | $0.77 |
| To Sep 30, 2024 | $1.05 |
| To Sep 30, 2025 | $1.00 |
| Trailing twelve months (to Sep 30, 2026) | $1.67 |

## Valuation models

Each model's value per share and the role the engine gave it for this business. The headline above is one model's value; every other model is listed with its own, and each has a page of its own under the valuation. Computed Oct 17, 2026.

| Model | Role | Value per share | Low | High |
| --- | --- | ---: | ---: | ---: |
| P/Cash FFO · own history | primary | $19.32 | $18.15 | $22.08 |
| P/E · peers | cross check | $20.05 | $17.65 | $22.44 |
| P/E · own history | cross check | $22.28 | $20.98 | $24.09 |
| PEG | sanity check | $11.02 | $11.02 | $11.02 |
| EV/EBITDA · peers | cross check | $23.91 | $19.88 | $26.99 |
| EV/Revenue · peers | cross check | $6.02 | $1.70 | $13.80 |
| Dividend discount | cross check | $12.39 | $9.69 | $18.84 |

## Insider activity (SEC Form 4)

Past 90 days: 0 open-market buys ($0) and 3 open-market sales ($2.8M); 10b5-1 plan sales included.

| Date | Insider | Relationship | Transaction | Shares | Value |
| --- | --- | --- | --- | ---: | ---: |
| Oct 15, 2026 | Stein A William | Director | Grant / award | 920.585 | $0 |
| Oct 15, 2026 | Smith Gordon H | Director | Grant / award | 1,498.738 | $0 |
| Oct 15, 2026 | Preusse Mary Hogan | Director | Grant / award | 931.312 | $0 |
| Oct 15, 2026 | LAING DIANA | Director | Grant / award | 428.4 | $0 |
| Oct 15, 2026 | BAGLIVO MARY | Director | Grant / award | 836.728 | $0 |

## Recent SEC filings

| Filed | Form | What | Filing |
| --- | --- | --- | --- |
| Aug 7, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1070750/000107075026000126/hst-20260630.htm |
| Aug 5, 2026 | 8-K | 2.02 Results of Operations (Earnings); 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1070750/000107075026000122/hst-20260805.htm |
| May 28, 2026 | 8-K | 1.01 Entry into a Material Agreement; 9.01 Financial Statements and Exhibits | https://www.sec.gov/Archives/edgar/data/1070750/000107075026000109/hst-20260527.htm |
| May 22, 2026 | 8-K | 5.07 Submission of Matters to a Shareholder Vote | https://www.sec.gov/Archives/edgar/data/1070750/000107075026000086/hst-20260520.htm |
| May 8, 2026 | 10-Q | Quarterly report | https://www.sec.gov/Archives/edgar/data/1070750/000107075026000080/hst-20260331.htm |

## About

Host Hotels & Resorts, Inc., a distinguished member of the S&P 500 index, stands as the world's foremost lodging real estate investment trust (REIT) and a leading proprietor of luxury and upper-upscale hotel properties. The company boasts an extensive portfolio comprising roughly 46,100 rooms distributed among 74 locations across the United States and five international sites. Beyond these owned assets, it also holds non-controlling stakes in seven joint ventures—six domestically and one internationally. The firm's operational approach is characterized by a stringent capital allocation methodology and robust asset management tactics. It collaborates with a broad array of esteemed hospitality brands, including Marriott, Ritz-Carlton, Westin, Sheraton, W, St. Regis, The Luxury Collection, Hyatt, Fairmont, Hilton, Swissôtel, ibis, and Novotel, in addition to various independent hotel labels…

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Source: https://sweetvaluelab.com/stocks/hst (SweetValueLab, free, no account). Prices and statements from Financial Modeling Prep; filings from SEC EDGAR. Research and educational data, not investment advice; nothing here is a recommendation to buy, sell or hold any security.