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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last twelve months. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SHO shares.
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6 equities research analysts have issued 12 month price targets for Sunstone Hotel Investors' shares. Their SHO share price targets range from $9.00 to $13.00. On average, they predict the company's stock price to reach $10.00 in the next year. This suggests that the stock has a possible downside of 5.4%.
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Sunstone Hotel Investors' stock was trading at $10.73 at the start of the year. Since then, SHO shares have decreased by 1.5% and is now trading at $10.57.
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The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
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Sunstone Hotel Investors will be holding an earnings conference call on Monday, May 6th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced its earnings results on Friday, February, 23rd. The real estate investment trust reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.16 by $0.44. The real estate investment trust had revenue of $219.20 million for the quarter, compared to analysts' expectations 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 business's quarterly revenue was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.26 earnings per share.

Sunstone Hotel Investors announced a quarterly dividend on Thursday, February 22nd. Investors of record on Thursday, March 28th will be paid a dividend of $0.07 per share on Monday, April 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 2.65%. The ex-dividend date is Wednesday, March 27th.
Read our dividend analysis for SHO.

Sunstone Hotel Investors (NYSE:SHO) pays an annual dividend of $0.26 per share and currently has a dividend yield of 2.39%. 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 27.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHO.

ETFs with the largest weight of Sunstone Hotel Investors (NYSE:SHO) stock in their portfolio include Nuveen Short-Term REIT ETF (NURE), Kelly Hotel & Lodging Sector ETF (HOTL), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), Invesco S&P SmallCap Financials ETF (PSCF), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Intelligent Real Estate ETF (PRVT) and SPDR S&P 600 Small Cap ETF (SLY).

Sunstone Hotel Investors updated its FY24 earnings guidance on Friday, February, 23rd. The company provided EPS guidance of $0.78-0.90 for the period, compared to the consensus EPS estimate of $0.84.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include Annaly Capital Management (NLY), New Residential Investment (NRZ), NGL Energy Partners (NGL), Chimera Investment (CIM), Orchid Island Capital (ORC), Chesapeake Energy (CHKAQ), Enterprise Products Partners (EPD), iQIYI (IQ), TherapeuticsMD (TXMD) and AGNC Investment (AGNC).

Sunstone Hotel Investors' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vert Asset Management LLC (0.04%) and Los Angeles Capital Management LLC (0.03%). Insiders that own company stock include David M Klein, Douglas M Pasquale, Keith Yandell and Robert C Springer.
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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.
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