Sunstone Hotel Investors (NYSE:SHO) Releases FY 2025 Earnings Guidance

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.820-0.940 for the period, compared to the consensus earnings per share estimate of 0.910. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Jefferies Financial Group lowered their price objective on Sunstone Hotel Investors from $12.00 to $8.00 and set a "hold" rating for the company in a research report on Wednesday, April 9th. Morgan Stanley cut their price target on shares of Sunstone Hotel Investors from $9.00 to $7.00 and set an "underweight" rating on the stock in a report on Tuesday, April 22nd. Evercore ISI lowered their price objective on shares of Sunstone Hotel Investors from $12.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, April 28th. Truist Financial cut their target price on Sunstone Hotel Investors from $12.00 to $11.00 and set a "hold" rating on the stock in a research note on Friday, March 21st. Finally, Wells Fargo & Company lowered their price target on Sunstone Hotel Investors from $13.00 to $12.00 and set an "equal weight" rating for the company in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $10.25.

Sunstone Hotel Investors Stock Up 3.0 %

SHO stock traded up $0.25 during midday trading on Friday, hitting $8.62. The stock had a trading volume of 5,443,633 shares, compared to its average volume of 2,368,271. The business has a 50-day moving average of $8.94 and a two-hundred day moving average of $10.44. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.98 and a quick ratio of 2.98. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 11.34, a price-to-earnings-growth ratio of 4.52 and a beta of 1.25. Sunstone Hotel Investors has a 52-week low of $7.45 and a 52-week high of $12.41.

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) last released its earnings results on Tuesday, May 6th. The real estate investment trust reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. Sunstone Hotel Investors had a net margin of 18.61% and a return on equity of 9.04%. The firm had revenue of $234.07 million for the quarter, compared to the consensus estimate of $243.34 million. During the same period in the prior year, the firm earned $0.18 EPS. The company's revenue was up 7.8% compared to the same quarter last year. As a group, equities research analysts forecast that Sunstone Hotel Investors will post 0.79 earnings per share for the current fiscal year.

Sunstone Hotel Investors Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be given a $0.09 dividend. The ex-dividend date of this dividend is Monday, June 30th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 4.18%. Sunstone Hotel Investors's dividend payout ratio is currently 360.00%.

Sunstone Hotel Investors Company Profile

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.