Sunstone Hotel Investors, Inc. (NYSE:SHO – Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $9.19 and traded as high as $9.58. Sunstone Hotel Investors shares last traded at $9.5550, with a volume of 1,338,620 shares changing hands.
Analyst Ratings Changes
Several analysts have issued reports on the company. Zacks Research lowered Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 14th. LADENBURG THALM/SH SH initiated coverage on Sunstone Hotel Investors in a research note on Thursday, March 26th. They set a “hold” rating and a $10.00 price target for the company. Wall Street Zen raised Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a report on Saturday, February 28th. Truist Financial boosted their price objective on Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research note on Thursday, March 26th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Sunstone Hotel Investors in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $9.63.
View Our Latest Research Report on Sunstone Hotel Investors
Sunstone Hotel Investors Price Performance
Sunstone Hotel Investors (NYSE:SHO – Get Free Report) last posted its quarterly earnings results on Friday, February 27th. The real estate investment trust reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. Sunstone Hotel Investors had a return on equity of 1.44% and a net margin of 2.56%.The firm had revenue of $236.97 million during the quarter, compared to analyst estimates of $226.18 million. During the same period last year, the company earned $0.16 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. As a group, analysts forecast that Sunstone Hotel Investors, Inc. will post 0.79 EPS for the current fiscal year.
Sunstone Hotel Investors Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.09 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.36 annualized dividend and a dividend yield of 3.8%. Sunstone Hotel Investors’s dividend payout ratio is currently 900.00%.
Hedge Funds Weigh In On Sunstone Hotel Investors
Large investors have recently modified their holdings of the company. Hsbc Holdings PLC increased its holdings in Sunstone Hotel Investors by 23.1% during the 4th quarter. Hsbc Holdings PLC now owns 598,257 shares of the real estate investment trust’s stock worth $5,353,000 after acquiring an additional 112,332 shares during the period. Alpine Global Management LLC bought a new position in Sunstone Hotel Investors in the 4th quarter valued at $176,000. Mercer Global Advisors Inc. ADV grew its position in shares of Sunstone Hotel Investors by 14.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 44,563 shares of the real estate investment trust’s stock valued at $398,000 after purchasing an additional 5,567 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Sunstone Hotel Investors during the 4th quarter valued at $235,000. Finally, Voloridge Investment Management LLC bought a new position in shares of Sunstone Hotel Investors in the fourth quarter worth $931,000. 99.37% of the stock is currently owned by institutional investors.
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.
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