Sunstone Hotel Investors (NYSE:SHO) Coverage Initiated by Analysts at LADENBURG THALM/SH SH

LADENBURG THALM/SH SH assumed coverage on shares of Sunstone Hotel Investors (NYSE:SHO) in a research note published on Thursday morning,Benzinga reports. The firm issued a neutral rating and a $10.00 price objective on the real estate investment trust’s stock.

Several other equities research analysts have also commented on SHO. Wall Street Zen upgraded shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research note on Saturday, February 28th. Truist Financial lifted their price target on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Thursday. Weiss Ratings reissued a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, January 21st. Zacks Research downgraded Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 14th. Finally, Wells Fargo & Company lowered their target price on Sunstone Hotel Investors from $11.00 to $10.00 and set an “overweight” rating on the stock in a research note on Tuesday. Three equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Sunstone Hotel Investors has a consensus rating of “Hold” and an average price target of $9.44.

Sunstone Hotel Investors Stock Performance

NYSE SHO opened at $9.25 on Thursday. Sunstone Hotel Investors has a 1 year low of $7.45 and a 1 year high of $10.27. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.94 and a quick ratio of 2.94. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 231.36, a PEG ratio of 2.55 and a beta of 0.97. The company has a fifty day moving average price of $9.18 and a 200-day moving average price of $9.23.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Friday, February 27th. The real estate investment trust reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.02. Sunstone Hotel Investors had a net margin of 2.56% and a return on equity of 1.44%. The company had revenue of $236.97 million for the quarter, compared to analyst estimates of $226.18 million. During the same period last year, the firm earned $0.16 earnings per share. The firm’s revenue 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, equities research analysts predict that Sunstone Hotel Investors will post 0.79 EPS for the current fiscal year.

Sunstone Hotel Investors Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Tuesday, March 31st. Sunstone Hotel Investors’s dividend payout ratio (DPR) is 900.00%.

Institutional Trading of Sunstone Hotel Investors

Hedge funds and other institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC purchased a new stake in Sunstone Hotel Investors in the 4th quarter worth approximately $26,000. Hantz Financial Services Inc. grew its position in shares of Sunstone Hotel Investors by 62.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,884 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 1,876 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Sunstone Hotel Investors by 27.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock valued at $47,000 after purchasing an additional 1,135 shares in the last quarter. FIL Ltd increased its holdings in shares of Sunstone Hotel Investors by 57.2% in the fourth quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock worth $81,000 after purchasing an additional 3,280 shares during the period. Finally, Cerity Partners LLC bought a new position in shares of Sunstone Hotel Investors in the second quarter worth $88,000. 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.