Analysts Set Sunstone Hotel Investors, Inc. (NYSE:SHO) PT at $10.83

Sunstone Hotel Investors, Inc. (NYSE:SHO) has been given an average recommendation of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $10.8333.

A number of brokerages recently commented on SHO. LADENBURG THALM/SH SH initiated coverage on Sunstone Hotel Investors in a research note on Thursday, March 26th. They issued a “hold” rating and a $10.00 price target for the company. Wells Fargo & Company boosted their price objective on shares of Sunstone Hotel Investors from $12.00 to $13.00 and gave the company an “overweight” rating in a research report on Wednesday, June 24th. Zacks Research upgraded shares of Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Truist Financial raised their target price on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a research report on Thursday, March 26th. Finally, Citigroup lifted their target price on shares of Sunstone Hotel Investors from $9.50 to $10.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th.

Sunstone Hotel Investors Trading Down 0.4%

SHO opened at $11.48 on Tuesday. The business has a 50 day simple moving average of $11.18 and a two-hundred day simple moving average of $9.95. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 104.42, a PEG ratio of 2.58 and a beta of 0.97. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.42 and a quick ratio of 3.42. Sunstone Hotel Investors has a one year low of $8.48 and a one year high of $12.07.

Sunstone Hotel Investors (NYSE:SHO) last issued its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The firm had revenue of $259.71 million for the quarter, compared to analyst estimates of $244.29 million. During the same period last year, the company earned $0.21 EPS. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. Analysts predict that Sunstone Hotel Investors will post 0.91 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a $0.09 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.36 annualized dividend and a yield of 3.1%. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 327.27%.

Insiders Place Their Bets

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the transaction, the insider owned 573,743 shares in the company, valued at approximately $6,666,893.66. This represents a 13.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Longboard Asset Management LP purchased a new stake in Sunstone Hotel Investors in the second quarter worth $124,000. Bank of America Corp DE raised its holdings in Sunstone Hotel Investors by 21.1% in the first quarter. Bank of America Corp DE now owns 10,099,538 shares of the real estate investment trust’s stock worth $90,997,000 after purchasing an additional 1,757,965 shares in the last quarter. Amundi lifted its position in Sunstone Hotel Investors by 29.8% during the first quarter. Amundi now owns 132,464 shares of the real estate investment trust’s stock valued at $1,194,000 after buying an additional 30,384 shares during the period. California State Teachers Retirement System lifted its position in Sunstone Hotel Investors by 33.1% during the first quarter. California State Teachers Retirement System now owns 228,623 shares of the real estate investment trust’s stock valued at $2,060,000 after buying an additional 56,837 shares during the period. Finally, Royal Bank of Canada lifted its position in Sunstone Hotel Investors by 1.2% during the first quarter. Royal Bank of Canada now owns 103,294 shares of the real estate investment trust’s stock valued at $931,000 after buying an additional 1,204 shares during the period. Hedge funds and other institutional investors own 99.37% of the company’s stock.

About Sunstone Hotel Investors

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.