Strategic Hotels & Resorts, Inc. (SHR) is a self-administered and self-managed real estate investment trust (REIT). The Company acquires and asset manages hotels. The Company owns land held for development including 50.7 acres of oceanfront land in Nayarit, Mexico; 13.8 acres of land in Scottsdale, Arizona adjacent to its Four Seasons Resort Scottsdale at Troon North, and a 20,000 square-foot oceanfront land parcel in Santa Monica, California adjacent to its Loews Santa Monica Beach Hotel. The Company's hotels are operated under the brands of Fairmont, Four Seasons, Hyatt, InterContinental, JW Marriott, Loews, Marriott, Montage, Ritz-Carlton and Westin. The Hotel del Coronado is operated by a specialty management company, KSL Resorts.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Hospitality REITs
- Sub-Industry: Specialized REITs
- Symbol: NYSE:BEE
- CUSIP: 86272T10
- Web: www.strategichotels.com
- 50 Day Moving Avg: $14.00
- 200 Day Moving Avg: $14.00
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 14.36
- P/E Growth: 0
- Net Margins: 6.40%
- Return on Equity: 5.76%
- Return on Assets: 2.43%
Frequently Asked Questions for Strategic Hotels and Resorts (NYSE:BEE)
What is Strategic Hotels and Resorts' stock symbol?
Strategic Hotels and Resorts trades on the New York Stock Exchange (NYSE) under the ticker symbol "BEE."
How were Strategic Hotels and Resorts' earnings last quarter?
Strategic Hotels and Resorts Inc (NYSE:BEE) released its earnings results on Wednesday, August, 5th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The firm had revenue of $356.90 million for the quarter, compared to analyst estimates of $363.34 million. Strategic Hotels and Resorts had a return on equity of 5.76% and a net margin of 6.40%. The company's quarterly revenue was up 29.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.21 earnings per share. View Strategic Hotels and Resorts' Earnings History.
Who are some of Strategic Hotels and Resorts' key competitors?
Some companies that are related to Strategic Hotels and Resorts include Park Hotels & Resorts (PK), Hospitality Properties Trust (HPT), Apple Hospitality REIT (APLE), Sunstone Hotel Investors (SHO), LaSalle Hotel Properties (LHO), RLJ Lodging Trust (RLJ), Pebblebrook Hotel Trust (PEB), Diamondrock Hospitality Company (DRH), Xenia Hotels & Resorts (XHR), MGM Growth Properties LLC (MGP), Summit Hotel Properties (INN), Chesapeake Lodging Trust (CHSP), FelCor Lodging Trust Incorporated (FCH), Chatham Lodging Trust (REIT) (CLDT), Hersha Hospitality Trust (HT), Ashford Hospitality Trust (AHT), Empiric Student Property PLC (ESP) and Ashford Hospitality Prime (AHP).
How do I buy Strategic Hotels and Resorts stock?
Shares of Strategic Hotels and Resorts can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Strategic Hotels and Resorts' stock price today?
MarketBeat Community Rating for Strategic Hotels and Resorts (NYSE BEE)MarketBeat's community ratings are surveys of what our community members think about Strategic Hotels and Resorts and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Strategic Hotels and Resorts stock can currently be purchased for approximately $14.22.
Consensus Ratings for Strategic Hotels and Resorts (NYSE:BEE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
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Analysts' Ratings History for Strategic Hotels and Resorts (NYSE:BEE)
(Data available from 8/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|12/11/2015||Canaccord Genuity||Reiterated Rating||Buy||N/A|
|10/5/2015||Royal Bank Of Canada||Downgrade||Outperform -> Sector Perform||$15.00 -> $14.25||N/A|
|9/17/2015||JMP Securities||Downgrade||Outperform -> Market Perform||N/A|
|9/9/2015||Raymond James Financial, Inc.||Downgrade||Outperform -> Market Perform||N/A|
|9/8/2015||Evercore ISI||Lower Price Target||Hold||$14.00 -> $13.00||N/A|
|8/20/2015||Credit Suisse Group||Boost Price Target||Outperform||$16.00 -> $17.00||N/A|
Earnings History for Strategic Hotels and Resorts (NYSE:BEE)Earnings History by Quarter for Strategic Hotels and Resorts (NYSE BEE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/5/2015||Q315||$0.24||$0.25||$350.73 million||$354.40 million||View||N/A|
|8/5/2015||Q215||$0.24||$0.25||$363.34 million||$356.90 million||View||Listen|
|5/4/2015||Q115||$0.10||$0.20||$285.05 million||$325.30 million||View||Listen|
|2/23/2015||Q414||$0.17||$0.17||$295.03 million||$313.00 million||View||Listen|
|11/3/2014||Q3||$0.21||$0.23||$296.40 million||$305.30 million||View||Listen|
|8/4/2014||Q2||$0.20||$0.21||$261.19 million||$276.16 million||View||Listen|
|5/7/2014||Q1||$0.06||$0.06||$203.95 million||$194.66 million||View||Listen|
|8/8/2013||Q213||$0.14||$0.14||$236.06 million||$244.20 million||View||Listen|
|11/7/2012||Q312||$0.09||$0.08||$203.37 million||$204.57 million||View||N/A|
Earnings Estimates for Strategic Hotels and Resorts (NYSE:BEE)
Current Year EPS Consensus Estimate: $0.92 EPS
Next Year EPS Consensus Estimate: $0.99 EPS
Dividend History for Strategic Hotels and Resorts (NYSE:BEE)
No dividend announcements for this company have been tracked by MarketBeat.com
Headline Trends for Strategic Hotels and Resorts (NYSE:BEE)
Latest Headlines for Strategic Hotels and Resorts (NYSE:BEE)
|Head-To-Head Comparison: Chatham Lodging Trust (CLDT) vs. Strategic Hotels and Resorts (NYSE:BEE)|
www.americanbankingnews.com - July 22 at 6:29 PM
|Financial Survey: Strategic Hotels and Resorts (BEE) versus FelCor Lodging Trust (FCH)|
www.americanbankingnews.com - June 12 at 8:38 AM
|Yet Something Else For The Conservative Preferred Investor Offering A Nice Yield: Sunstone Hotel Investors|
seekingalpha.com - December 8 at 4:50 PM
|China’s Anbang may buy $2.3 billion in Japanese properties from Blackstone|
www.marketwatch.com - November 21 at 9:39 PM
|Here’s the Real Winner of China’s Overseas Hotel Splurge|
fortune.com - October 27 at 4:05 PM
|Blackstone Ends Plan to Sell Landmark Hotel to China's Anbang After U.S. Opposition|
www.bloomberg.com - October 22 at 8:06 AM
|Anbang Said to Complete Most of $6.5 Billion U.S. Hotels Deal|
finance.yahoo.com - October 7 at 8:39 AM
|Houlihan Banker to Join Hotel Chain SBE|
blogs.wsj.com - September 8 at 3:42 PM
|5 Dividend Blue Bloods to Boost Your Income Every Year - Forbes|
www.forbes.com - May 27 at 1:39 PM
|Marriott to acquire Starwood after Anbang yanks offer|
www.bizjournals.com - March 31 at 7:53 PM
|China's Anbang raises bid for Starwood, trumps Marriott|
uk.finance.yahoo.com - March 28 at 4:58 PM
|China's Anbang ups bid for Starwood, vying with Marriott|
uk.finance.yahoo.com - March 28 at 12:35 PM
|Marriott bid for Starwood Hotels tops China's Anbang|
uk.finance.yahoo.com - March 21 at 4:44 PM
|Marriott $13.6 bn bid for Starwood Hotels tops China's Anbang|
uk.finance.yahoo.com - March 21 at 11:07 AM
|China's Anbang in huge US hotel buying spree|
uk.finance.yahoo.com - March 14 at 4:33 PM
|STRATEGIC HOTELS & RESORTS, INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Completion of Acq|
biz.yahoo.com - December 11 at 4:27 PM
|Strategic Hotels Shareholders Approve Buyout by Blackstone|
finance.yahoo.com - December 9 at 4:45 PM
|What are Investors Looking at - Research on Strategic Hotels & Resorts, Allscripts Healthcare Solutions, Kate Spade and Platform Specialty Products|
finance.yahoo.com - December 9 at 8:15 AM
|STRATEGIC HOTELS & RESORTS, INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events|
biz.yahoo.com - December 8 at 4:53 PM
Strategic Hotels and Resorts (BEE) Chart for Sunday, August, 20, 2017