Sunstone Hotel Investors, Inc. (NYSE:SHO) Receives Average Recommendation of “Hold” from Analysts

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have been assigned an average recommendation of “Hold” from the eleven analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $9.3750.

SHO has been the topic of several analyst reports. Wells Fargo & Company raised shares of Sunstone Hotel Investors from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $10.00 to $11.00 in a research report on Monday, January 5th. Baird R W lowered shares of Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Wall Street Zen downgraded shares of Sunstone Hotel Investors from a “hold” rating to a “sell” rating in a research note on Sunday, November 16th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a report on Wednesday, October 8th. Finally, Zacks Research downgraded Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 14th.

Institutional Investors Weigh In On Sunstone Hotel Investors

Several hedge funds have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. increased its holdings in shares of Sunstone Hotel Investors by 951.7% in the second quarter. Hantz Financial Services Inc. now owns 3,008 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 2,722 shares during the last quarter. Assetmark Inc. grew its stake in Sunstone Hotel Investors by 210.4% in the 2nd quarter. Assetmark Inc. now owns 3,635 shares of the real estate investment trust’s stock valued at $32,000 after buying an additional 2,464 shares during the last quarter. GAMMA Investing LLC grew its stake in Sunstone Hotel Investors by 33.0% in the 2nd quarter. GAMMA Investing LLC now owns 6,426 shares of the real estate investment trust’s stock valued at $56,000 after buying an additional 1,595 shares during the last quarter. Blue Trust Inc. raised its holdings in Sunstone Hotel Investors by 46.8% in the 2nd quarter. Blue Trust Inc. now owns 6,544 shares of the real estate investment trust’s stock valued at $57,000 after acquiring an additional 2,087 shares during the period. Finally, CWM LLC lifted its position in Sunstone Hotel Investors by 579.8% during the second quarter. CWM LLC now owns 8,029 shares of the real estate investment trust’s stock worth $70,000 after acquiring an additional 6,848 shares during the last quarter. Institutional investors and hedge funds own 99.37% of the company’s stock.

Sunstone Hotel Investors Price Performance

Shares of NYSE SHO opened at $9.14 on Tuesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.08 and a quick ratio of 3.08. The business has a 50-day moving average of $9.19 and a 200-day moving average of $9.19. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 11.15, a PEG ratio of 1.87 and a beta of 1.02. Sunstone Hotel Investors has a fifty-two week low of $7.45 and a fifty-two week high of $11.84.

Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings results on Friday, November 7th. The real estate investment trust reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $229.32 million during the quarter, compared to the consensus estimate of $226.05 million. Sunstone Hotel Investors had a return on equity of 1.04% and a net margin of 1.94%.The business’s revenue was up 1.3% compared to the same quarter last year. During the same period last year, the company earned $0.18 earnings per share. Sunstone Hotel Investors has set its FY 2025 guidance at 0.800-0.870 EPS. As a group, sell-side analysts predict that Sunstone Hotel Investors will post 0.79 earnings per share for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.9%.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.