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Hoshino Resorts REIT, Inc. (JP:3287)
:3287
Japanese Market

Hoshino Resorts REIT, Inc. (3287) AI Stock Analysis

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JP

Hoshino Resorts REIT, Inc.

(3287)

Rating:76Outperform
Price Target:
¥285,664
▲(14.72%Upside)
Hoshino Resorts REIT, Inc. is well-positioned with strong financial performance and positive technical indicators leading the score. The major strength lies in its robust revenue growth and stable financials, although liquidity risks from negative free cash flow warrant attention. The stock's valuation is mixed, balancing a high P/E with a strong dividend yield.

Hoshino Resorts REIT, Inc. (3287) vs. iShares MSCI Japan ETF (EWJ)

Hoshino Resorts REIT, Inc. Business Overview & Revenue Model

Company DescriptionHoshino Resorts REIT, Inc. (HRR) was publicly listed in 2013 as one of the smallest listed real estate investment trusts (REIT) in the world. Our innovative approach includes being the first REIT to include traditional wooden Ryokans (Japanese-style inns). Since then, we have steadily achieved enhancing unitholder value by increasing our asset scale by approximately 10 times from the time of listing, and our distributions have approximately doubled compared to the second period after our public listing. Looking forward, we aim to achieve further growth by establishing a cycle of increasingly robust competitiveness at Hoshino Resorts. Looking ahead, HRR will continue to pursue stable financial management, aiming to grow its asset scale to achieve robust portfolio expansion and contribute to the tourism industry. We hope for your continued support and encouragement.
How the Company Makes MoneyHoshino Resorts REIT, Inc. generates revenue primarily through the leasing and management of its portfolio of hotel and resort properties. The company earns income from the rent paid by hotel operators who lease these properties. Additionally, it benefits from property value appreciation over time. A significant portion of its revenue comes from its partnership with Hoshino Resorts Inc., which operates many of the properties within the REIT's portfolio. The company may also engage in strategic acquisitions and property improvements to enhance the value and profitability of its assets, thereby increasing rental income and potential returns for its investors.

Hoshino Resorts REIT, Inc. Financial Statement Overview

Summary
Hoshino Resorts REIT, Inc. demonstrates strong revenue and profit growth with efficient operations, indicated by favorable margins and revenue trajectory. The balance sheet remains stable with a healthy equity ratio and manageable debt levels. However, significant capital expenditures have led to negative free cash flow, posing potential liquidity concerns.
Income Statement
82
Very Positive
The income statement shows strong revenue growth with a 11.52% increase from 2023 to 2024. Gross profit margin is healthy at 55.00%, and the net profit margin improved to 35.81%, indicating efficient cost management. EBIT margin stands at 44.71%, reflecting robust operating performance. However, the EBITDA margin of 67.95% suggests high depreciation or amortization expenses, which may need monitoring.
Balance Sheet
75
Positive
The balance sheet presents a solid equity base with an equity ratio of 58.22%, indicating financial stability. The debt-to-equity ratio is at 0.66, reflecting a balanced leverage level. Nonetheless, the return on equity is strong at 3.50%, showcasing effective use of equity capital despite high debt levels.
Cash Flow
68
Positive
Cash flow analysis reveals a challenging scenario with negative free cash flow growth due to high capital expenditures. The operating cash flow to net income ratio of 1.63 suggests robust cash generation relative to earnings, but the free cash flow to net income ratio is negative, indicating cash flow pressures.
Breakdown
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
14.17B12.70B11.32B9.43B12.18B
Gross Profit
7.80B6.75B5.92B4.86B7.87B
EBIT
6.33B5.37B4.66B3.66B6.64B
EBITDA
9.63B8.55B7.80B6.44B9.26B
Net Income Common Stockholders
5.07B4.52B3.73B2.88B5.80B
Balance SheetCash, Cash Equivalents and Short-Term Investments
12.12B11.76B11.21B8.83B11.17B
Total Assets
248.86B216.05B205.96B179.72B178.81B
Total Debt
95.94B84.30B74.59B68.48B67.85B
Net Debt
83.82B72.54B63.38B59.66B56.68B
Total Liabilities
103.92B89.79B80.12B73.56B73.22B
Stockholders Equity
144.94B126.26B125.84B106.16B105.59B
Cash FlowFree Cash Flow
-27.05B-4.92B-18.19B-8.29B-168.49M
Operating Cash Flow
8.25B8.01B6.98B4.97B7.97B
Investing Cash Flow
-32.72B-12.89B-26.58B-5.53B-8.09B
Financing Cash Flow
25.20B5.60B21.98B-1.71B221.70M

Hoshino Resorts REIT, Inc. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price249000.00
Price Trends
50DMA
229014.52
Positive
100DMA
213996.73
Positive
200DMA
218722.16
Positive
Market Momentum
MACD
5634.47
Negative
RSI
67.83
Neutral
STOCH
74.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3287, the sentiment is Positive. The current price of 249000 is above the 20-day moving average (MA) of 242440.00, above the 50-day MA of 229014.52, and above the 200-day MA of 218722.16, indicating a bullish trend. The MACD of 5634.47 indicates Negative momentum. The RSI at 67.83 is Neutral, neither overbought nor oversold. The STOCH value of 74.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3287.

Hoshino Resorts REIT, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
¥145.87B26.06
538.16%23.82%7.98%
61
Neutral
$2.83B10.890.42%9.23%5.94%-21.26%
DE8JF
€2.94B16.158.51%6.20%
$2.70B21.476.82%0.03%
78
Outperform
¥42.34B9.82
15.66%88.08%123.31%
¥21.43B20.35
5.61%
69
Neutral
¥150.77B20.06
4.67%6.34%14.04%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
JP:3287
Hoshino Resorts REIT, Inc.
249,000.00
-7,219.81
-2.82%
DE:8JF
Invincible Investment
382.00
7.15
1.91%
NIPOF
Japan Hotel Reit Investment
528.53
64.85
13.99%
JP:3463
Ichigo Hotel REIT Investment Corp.
130,500.00
30,674.93
30.73%
JP:3472
Nippon Hotel & Residential Investment Corporation
68,900.00
-1,915.51
-2.70%
JP:8968
Fukuoka Reit Corporation
173,500.00
22,611.28
14.99%

Hoshino Resorts REIT, Inc. Corporate Events

Hoshino Resorts REIT Targets Growth in Japan’s Tourism Sector
Jun 18, 2025

Hoshino Resorts REIT, Inc. is actively developing strategies to capitalize on the expanding tourism sector in Japan. This initiative is expected to enhance the company’s operational efficiency and strengthen its market position, potentially benefiting stakeholders through increased value and growth opportunities.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Reports Mixed Financial Results with Positive Future Outlook
Jun 16, 2025

Hoshino Resorts REIT, Inc. reported its financial results for the fiscal period ending April 2025, showing a slight increase in operating revenue by 1.8% to 7,633 million yen, while operating profit and ordinary profit saw minor declines. The company implemented a 2-for-1 split of investment units, affecting profit per unit calculations. Despite these fluctuations, the REIT forecasts significant growth in operating revenue and profit for the upcoming fiscal periods ending October 2025 and April 2026, indicating a positive outlook for stakeholders and potential improvements in market positioning.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Finalizes Interest Rate Swap Agreement
May 19, 2025

Hoshino Resorts REIT, Inc. has finalized the terms of an interest rate swap agreement related to its recent refinancing efforts involving green loans. The agreement, which includes fixed interest rates for various contracts with MUFG Bank and Mizuho Bank, is designed to stabilize borrowing costs. The company anticipates negligible impact on its financial results and maintains its operating forecasts for the fiscal periods ending in April and October 2025.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Reduces Loan Commitment to Strengthen Financial Stability
May 19, 2025

Hoshino Resorts REIT, Inc. announced amendments to its commitment line agreements, reducing the maximum loan amount from 6 billion yen to 3 billion yen. This decision is part of a strategy to maintain a stable financing base and reduce financing costs by leveraging strong relationships with lenders.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Enhances Sustainability with Green Loans
May 19, 2025

Hoshino Resorts REIT, Inc. announced a strategic refinancing initiative involving green loans and derivatives to enhance its sustainability efforts and strengthen its financial base. The refinancing will support the acquisition of ANA Crowne Plaza Hiroshima, which has been recognized for its environmental initiatives, despite no longer meeting certain energy efficiency certification criteria.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Announces Strategic Asset Replacement to Boost Returns
May 19, 2025

Hoshino Resorts REIT, Inc. announced a strategic asset replacement initiative involving the acquisition and transfer of domestic real estate properties. This move aims to replace underperforming assets with high-yield properties, leading to an upward revision in the distribution forecast for the fiscal period ending October 2025. The changes are expected to improve operational capabilities and increase rent revenues, thereby enhancing the company’s financial performance and market positioning.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Revises Forecasts for October 2025
May 19, 2025

Hoshino Resorts REIT, Inc. has revised its management status and distribution forecast for the fiscal period ending October 2025, reflecting a positive outlook with increased operating revenue and profit expectations. This revision is driven by recent acquisitions, property transfers, and changes in lease agreements, indicating a strategic move to enhance asset performance and stakeholder value.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Announces Strategic Asset Replacement
May 19, 2025

Hoshino Resorts REIT, Inc. announced a strategic move involving the acquisition and lease of a domestic property, Comfort Inn Niigata Kameda, and the transfer of another property, KAI Aso. This asset replacement initiative aims to enhance internal growth and increase unitholder value. The planned transactions reflect the company’s ongoing efforts to optimize its portfolio and strengthen its market position, potentially benefiting stakeholders through improved asset management and financial performance.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Announces Strategic Asset Replacement for Enhanced Growth
May 19, 2025

Hoshino Resorts REIT, Inc. announced a strategic asset replacement initiative involving the acquisition of Hotel WBF Grande Asahikawa and the transfer of OMO7 Asahikawa to enhance internal growth and unitholder value. This move aims to improve profitability and distribution per unit by acquiring high-yield properties at favorable prices and revising lease agreements to optimize financial performance.

The most recent analyst rating on (JP:3287) stock is a Hold with a Yen270000.00 price target. To see the full list of analyst forecasts on Hoshino Resorts REIT, Inc. stock, see the JP:3287 Stock Forecast page.

Hoshino Resorts REIT Revises Lease Agreements, Boosts Distribution Forecast
Mar 31, 2025

Hoshino Resorts REIT, Inc. announced changes to its domestic real estate lease agreements, particularly for the Grand Hyatt Fukuoka and HOSHINOYA Okinawa, resulting in an 8% upward revision of its distribution forecast for the fiscal period ending October 2025. The company aims to increase distribution growth by adjusting rent structures, enhancing operational efficiency, and investing in facility improvements, which is expected to strengthen rental income stability and offer greater financial upside, benefiting stakeholders and reinforcing its industry positioning.

Hoshino Resorts REIT Revises Forecasts for October 2025 Fiscal Period
Mar 31, 2025

Hoshino Resorts REIT, Inc. announced revisions to its management status and distribution forecast for the fiscal period ending October 2025, citing changes in lease agreements as the primary reason. The revised forecast indicates an increase in operating revenue and profit, suggesting a positive impact on the company’s financial performance and potential benefits for investors.

Hoshino Resorts REIT Announces Lease Amendments to Boost Growth
Mar 31, 2025

Hoshino Resorts REIT, Inc. has announced amendments to its lease agreements for Grand Hyatt Fukuoka and HOSHINOYA Okinawa as part of its strategy to boost internal growth and enhance unitholder value. These changes are expected to increase rental income by revising rent terms and acquiring fixtures and equipment, thereby improving profitability and securing stable income. The initiative reflects a strong, mutually beneficial relationship within the Hoshino Resorts Group, aiming for a win-win scenario for both HRR and its lessees.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.