NYSE:SHO

Sunstone Hotel Investors (SHO) Stock Price, News & Analysis

$10.30
-0.06 (-0.58%)
(As of 03:33 PM ET)
Today's Range
$10.20
$10.38
50-Day Range
$10.05
$11.38
52-Week Range
$8.61
$11.59
Volume
808,096 shs
Average Volume
1.89 million shs
Market Capitalization
$2.10 billion
P/E Ratio
11.08
Dividend Yield
2.52%
Price Target
$10.50

Sunstone Hotel Investors MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.71 Rating Score
Upside/​Downside
2.4% Upside
$10.50 Price Target
Short Interest
Bearish
6.16% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.62mentions of Sunstone Hotel Investors in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
11.76%
From $0.85 to $0.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.20 out of 5 stars

Finance Sector

753rd out of 868 stocks

Hotels & Motels Industry

24th out of 27 stocks

SHO stock logo

About Sunstone Hotel Investors Stock (NYSE:SHO)

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate.

SHO Stock Price History

SHO Stock News Headlines

Do This Today BEFORE Biden Wins in November
Discover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).
Do This Today BEFORE Biden Wins in November
Discover "U.S.'s New Money" Before Biden Wins A new form of money has emerged in America, and it's making some folks wildly rich… (Musk and Bezos both use it).
Sunstone Hotel: Q1 Earnings Snapshot
Sunstone Hotel Investors Q1 Adjusted FFO Declines
Sunstone Hotel Investors Inc
SHO Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors Inc.
See More Headlines
Receive SHO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Sunstone Hotel Investors and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/23/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
5/10/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Hotels & motels
Sub-Industry
Specialized REITs
CUSIP
86789210
Employees
40
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$10.50
High Stock Price Target
$13.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+2.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.71
Research Coverage
7 Analysts

Profitability

Net Income
$206.71 million
Pretax Margin
21.42%

Debt

Sales & Book Value

Annual Sales
$986.48 million
Cash Flow
$1.69 per share
Book Value
$9.18 per share

Miscellaneous

Free Float
201,453,000
Market Cap
$2.08 billion
Optionable
Optionable
Beta
1.22

Social Links

7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

Key Executives

  • Mr. Bryan Albert Giglia (Age 48)
    Chief Executive Officer
    Comp: $1.7M
  • Mr. Robert C. Springer (Age 46)
    President & Chief Investment Officer
    Comp: $1.51M
  • Mr. Aaron R. Reyes (Age 45)
    CFO & Executive VP
    Comp: $897.63k
  • Mr. Christopher Gerard Ostapovicz (Age 54)
    Executive VP & COO
    Comp: $947.11k
  • Mr. David M. Klein (Age 55)
    Executive VP, General Counsel & Secretary
    Comp: $966.98k
  • Ms. Denise Hertle CPA
    Vice President of Corporate Accounting

SHO Stock Analysis - Frequently Asked Questions

Should I buy or sell Sunstone Hotel Investors stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last twelve months. There are currently 2 sell ratings and 5 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" SHO shares.
View SHO analyst ratings
or view top-rated stocks.

What is Sunstone Hotel Investors' stock price target for 2024?

7 equities research analysts have issued 12-month price objectives for Sunstone Hotel Investors' stock. Their SHO share price targets range from $9.00 to $13.00. On average, they expect the company's stock price to reach $10.50 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
View analysts price targets for SHO
or view top-rated stocks among Wall Street analysts.

How have SHO shares performed in 2024?

Sunstone Hotel Investors' stock was trading at $10.73 at the beginning of 2024. Since then, SHO stock has decreased by 4.5% and is now trading at $10.25.
View the best growth stocks for 2024 here
.

When is Sunstone Hotel Investors' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
View our SHO earnings forecast
.

How were Sunstone Hotel Investors' earnings last quarter?

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced its quarterly earnings data on Friday, February, 23rd. The real estate investment trust reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.44. The real estate investment trust earned $219.20 million during the quarter, compared to analyst estimates of $192.56 million. Sunstone Hotel Investors had a trailing twelve-month return on equity of 11.32% and a net margin of 20.95%. The company's revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 earnings per share.

How often does Sunstone Hotel Investors pay dividends? What is the dividend yield for Sunstone Hotel Investors?

Sunstone Hotel Investors declared a quarterly dividend on Monday, May 6th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.09 per share on Monday, July 15th. This represents a $0.36 annualized dividend and a yield of 3.51%. The ex-dividend date is Friday, June 28th. This is an increase from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for SHO
.

Is Sunstone Hotel Investors a good dividend stock?

Sunstone Hotel Investors (NYSE:SHO) pays an annual dividend of $0.26 per share and currently has a dividend yield of 2.55%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHO will have a dividend payout ratio of 27.37% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHO.

What guidance has Sunstone Hotel Investors issued on next quarter's earnings?

Sunstone Hotel Investors issued an update on its FY 2024 earnings guidance on Monday, May, 6th. The company provided earnings per share (EPS) guidance of 0.840-0.940 for the period. The company issued revenue guidance of -.

What other stocks do shareholders of Sunstone Hotel Investors own?
Who are Sunstone Hotel Investors' major shareholders?

Sunstone Hotel Investors' stock is owned by a number of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (1.18%), Tributary Capital Management LLC (0.65%), Principal Financial Group Inc. (0.52%), Swiss National Bank (0.19%), Sumitomo Mitsui Trust Holdings Inc. (0.16%) and New York State Teachers Retirement System (0.14%). Insiders that own company stock include David M Klein, Douglas M Pasquale, Keith Yandell and Robert C Springer.
View institutional ownership trends
.

How do I buy shares of Sunstone Hotel Investors?

Shares of SHO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SHO) was last updated on 5/10/2024 by MarketBeat.com Staff

From Our Partners