Host Hotels & Resorts Plunge 1.53% to 2025 Low Amid Wildfires, Downgrade

Host Hotels & Resorts (HST) fell 0.79% as of the latest close, with the share price dropping to its lowest level since September 2025, marking an intraday decline of 1.53%. The selloff reflects growing investor concerns over a combination of external shocks and revised financial outlooks.

Recent volatility has been driven by the Maui wildfires, which slashed the company’s EBITDA by $5 million per month in August. The disaster disrupted key tourism-driven revenue streams, compounding pre-existing cost pressures. Analysts at Compass Point downgraded the stock to “Neutral” from “Buy” on September 6, citing the wildfires, weak guidance from the Hotel REIT sector, and broader macroeconomic headwinds. The firm cut its price target to $18 from $20, signaling a more cautious stance amid uncertainty about recovery timelines.

Meanwhile, Host Hotels has faced downward revisions to its earnings and full-year forecasts. A Q2 2023 earnings report fell short of expectations, prompting a narrowed outlook for 2023. Institutional investors, however, have shown renewed interest, with entities like Macquarie Group Ltd. and Norinchukin Bank increasing holdings in late August and September. These moves suggest confidence in the company’s long-term strategy, including its focus on luxury upgrades and experiential travel, despite near-term challenges.

Market sentiment remains mixed. While the stock received a “Moderate Buy” consensus rating from analysts, implied volatility surged on September 18, reflecting heightened uncertainty. The company’s recent 20% dividend increase on September 15 and ongoing share buybacks—nearly 7 million shares repurchased—highlight its commitment to shareholder returns. However, these efforts appear to be offset by the immediate impact of the wildfires and revised guidance. Investors will be closely watching the November 2023 earnings call for clarity on operational resilience and strategic adjustments.