NYSE:SHO

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

$10.53
+0.01 (+0.10%)
(As of 04/24/2024 ET)
Today's Range
$10.46
$10.59
50-Day Range
$10.06
$11.38
52-Week Range
$8.61
$11.59
Volume
1.44 million shs
Average Volume
1.90 million shs
Market Capitalization
$2.14 billion
P/E Ratio
11.32
Dividend Yield
2.47%
Price Target
$10.00

Sunstone Hotel Investors MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
5.0% Downside
$10.00 Price Target
Short Interest
Healthy
5.17% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
10.59%
From $0.85 to $0.94 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.

1.36 out of 5 stars

Finance Sector

732nd out of 855 stocks

Hotels & Motels Industry

23rd 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

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See More Headlines
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Company Calendar

Last Earnings
2/23/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/06/2024
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
$10.00
High Stock Price Target
$13.00
Low Stock Price Target
$9.00
Potential Upside/Downside
-5.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
6 Analysts

Profitability

Net Income
$206.71 million
Pretax Margin
21.42%

Debt

Sales & Book Value

Annual Sales
$986.48 million
Cash Flow
$1.71 per share
Book Value
$9.18 per share

Miscellaneous

Free Float
201,453,000
Market Cap
$2.14 billion
Optionable
Optionable
Beta
1.21

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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?

6 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 4 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?

6 Wall Street analysts have issued 1 year price objectives for Sunstone Hotel Investors' stock. Their SHO share price targets range from $9.00 to $13.00. On average, they anticipate the company's share price to reach $10.00 in the next twelve months. This suggests that the stock has a possible downside of 5.0%.
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 the year. Since then, SHO stock has decreased by 1.9% and is now trading at $10.53.
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 Monday, May 6th 2024.
View our SHO earnings forecast
.

How can I listen to Sunstone Hotel Investors' earnings call?

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.

How were Sunstone Hotel Investors' earnings last quarter?

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced its quarterly earnings results on Friday, February, 23rd. The real estate investment trust reported $0.60 earnings per share for the quarter, topping the consensus estimate 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%. Sunstone Hotel Investors's revenue was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the company 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 announced a quarterly dividend on Thursday, February 22nd. Shareholders 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 annualized dividend and a dividend yield of 2.66%. The ex-dividend date of this dividend is Wednesday, March 27th.
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 2.50%. 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 27.66% 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 FY24 earnings guidance on Friday, February, 23rd. The company provided earnings per share (EPS) guidance of $0.78-0.90 for the period, compared to the consensus earnings per share estimate of $0.84.

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 variety of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.16%), State of Alaska Department of Revenue (0.11%), Louisiana State Employees Retirement System (0.05%), 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.
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 4/24/2024 by MarketBeat.com Staff

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