Host Hotels & Resorts Inc (HST): Today's Featured Real Estate Laggard

Host Hotels & Resorts ( HST) pushed the Real Estate industry lower today making it today's featured Real Estate laggard. The industry as a whole closed the day down 0.9%. By the end of trading, Host Hotels & Resorts fell 41 cents (-2.7%) to $14.63 on average volume. Throughout the day, 6.2 million shares of Host Hotels & Resorts exchanged hands as compared to its average daily volume of eight million shares. The stock ranged in price between $14.56-$14.84 after having opened the day at $14.78 as compared to the previous trading day's close of $15.04. Other company's within the Real Estate industry that declined today were: SYSWIN ( SYSW), down 12%, China Housing & Land Development ( CHLN), down 6%, Icahn ( IEP), down 4.9%, and MPG Office ( MPG), down 4.1%.

Host Hotels & Resorts, Inc. is a publicly owned real estate investment trust (REIT). The firm primarily engages in the ownership and operation of hotel properties. It invests in the real estate markets of United States. Host Hotels & Resorts has a market cap of $10.93 billion and is part of the financial sector. The company has a P/E ratio of 152, below the average real estate industry P/E ratio of 168.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 1.8% year to date as of the close of trading on Friday. Currently there are six analysts that rate Host Hotels & Resorts a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Host Hotels & Resorts as a hold. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins.

On the positive front, HMG/Courtland Properties ( HMG), up 17%, Transcontinental Realty ( TCI), up 3.2%, Stratus Properties ( STRS), up 2.9%, and New England Realty Associates ( NEN), up 1.7%, were all gainers within the real estate industry with Annaly Capital Management ( NLY) being today's featured real estate industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the real estate industry could consider iShares Dow Jones US Real Estate ( IYR) while those bearish on the real estate industry could consider ProShares Short Real Estate Fund ( REK).
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