Sunstone Hotel Investors (SHO) Projected to Post Earnings on Tuesday

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $243.34 million for the quarter. Sunstone Hotel Investors has set its FY 2025 guidance at 0.860-0.980 EPS.

Sunstone Hotel Investors (NYSE:SHO - Get Free Report) last released its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. Sunstone Hotel Investors had a return on equity of 9.04% and a net margin of 18.61%. The company had revenue of $214.77 million during the quarter, compared to the consensus estimate of $211.17 million. On average, analysts expect Sunstone Hotel Investors to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Sunstone Hotel Investors Price Performance

Shares of NYSE:SHO traded up $0.25 on Friday, hitting $8.72. The company had a trading volume of 3,242,597 shares, compared to its average volume of 2,345,475. The company has a market cap of $1.75 billion, a PE ratio of 11.47, a PEG ratio of 4.52 and a beta of 1.16. The business has a 50 day moving average of $9.14 and a 200 day moving average of $10.50. Sunstone Hotel Investors has a 52-week low of $7.45 and a 52-week high of $12.41. The company has a current ratio of 2.98, a quick ratio of 2.98 and a debt-to-equity ratio of 0.44.

Sunstone Hotel Investors Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.36 annualized dividend and a dividend yield of 4.13%. Sunstone Hotel Investors's dividend payout ratio is currently 257.14%.

Wall Street Analyst Weigh In

SHO has been the topic of several recent analyst reports. Morgan Stanley reduced their price objective on shares of Sunstone Hotel Investors from $9.00 to $7.00 and set an "underweight" rating on the stock in a research note on Tuesday, April 22nd. Truist Financial lowered their price objective on Sunstone Hotel Investors from $12.00 to $11.00 and set a "hold" rating for the company in a research report on Friday, March 21st. Bank of America upgraded Sunstone Hotel Investors from an "underperform" rating to a "buy" rating and set a $10.00 price target for the company in a report on Wednesday. Wells Fargo & Company cut their price objective on shares of Sunstone Hotel Investors from $13.00 to $12.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 18th. Finally, Evercore ISI lowered their target price on shares of Sunstone Hotel Investors from $12.00 to $10.00 and set an "in-line" rating for the company in a report on Monday, April 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $10.44.

About Sunstone Hotel Investors

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.