Sunstone Hotel Investors Company Profile (NYSE:SHO)

About Sunstone Hotel Investors (SHO)

Sunstone Hotel Investors logoSunstone Hotel Investors, Inc. operates as a self-managed and self-administered real estate investment trust. The Company's primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. It operates through hotel ownership segment. It owns primarily urban and resort upper upscale hotels in the United States. As of December 31, 2016, the Company had interests in 27 hotels. Of the 27 hotels, the Company classifies 24 as upper upscale, two as upscale and one as luxury. All but one (the Boston Park Plaza) of its 27 hotels are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt. As of December 31, 2016, the hotels consisting of 27 hotel portfolio averaged 490 rooms in size. The Company's hotels are located in gateway markets, such as Boston, New York, Washington, District of Columbia (DC)/Baltimore, Chicago, Orlando, New Orleans, San Francisco, Los Angeles, Orange County and San Diego.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: REIT - Hotel/Motel
  • Sub-Industry: Specialized REITs
  • Exchange: NYSE
  • Symbol: SHO
  • CUSIP: 86789210
Key Metrics:
  • Previous Close: $14.69
  • 50 Day Moving Average: $14.87
  • 200 Day Moving Average: $14.15
  • 52-Week Range: $11.26 - $16.05
  • Trailing P/E Ratio: 26.86
  • Foreward P/E Ratio: 31.26
  • P/E Growth: 1.26
  • Market Cap: $3.23B
  • Outstanding Shares: 220,073,000
  • Beta: 1.11
Profitability:
  • Net Margins: 27.94%
  • Return on Equity: 14.50%
  • Return on Assets: 8.89%
Debt:
  • Debt-to-Equity Ratio: 0.32%
  • Current Ratio: 1.34%
  • Quick Ratio: 1.33%

Analyst Ratings

Consensus Ratings for Sunstone Hotel Investors (NYSE:SHO) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.08)
Consensus Price Target: $15.05 (2.42% upside)

Analysts' Ratings History for Sunstone Hotel Investors (NYSE:SHO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/3/2017Evercore ISIDowngradeHold -> UnderperformN/AView Rating Details
3/3/2017Bank of America CorpDowngradeBuy -> Neutral$16.00N/AView Rating Details
2/22/2017FBR & CoReiterated RatingHoldN/AView Rating Details
2/14/2017Barclays PLCReiterated RatingBuy$17.00N/AView Rating Details
1/19/2017Canaccord GenuityReiterated RatingBuy$17.00N/AView Rating Details
1/11/2017Robert W. BairdDowngradeOutperform -> Neutral$15.00N/AView Rating Details
12/14/2016NomuraInitiated CoverageNeutral$16.00N/AView Rating Details
12/14/2016InstinetInitiated CoverageNeutral$16.00N/AView Rating Details
9/26/2016Morgan StanleyDowngradeEqual Weight -> Underweight$11.00N/AView Rating Details
8/22/2016Citigroup IncBoost Price TargetNeutral$13.50 -> $14.00N/AView Rating Details
6/27/2016Deutsche Bank AGReiterated RatingHold$14.00N/AView Rating Details
5/18/2016BB&T Co.Initiated CoverageHoldN/AView Rating Details
3/23/2016Credit Suisse Group AGBoost Price TargetOutperform$13.50 -> $14.50N/AView Rating Details
2/24/2016SunTrust Banks, Inc.Lower Price TargetNeutral$16.00 -> $13.00N/AView Rating Details
2/18/2016Jefferies Group LLCInitiated CoverageBuyN/AView Rating Details
1/8/2016Raymond James Financial, Inc.UpgradeMarket Perform -> OutperformN/AView Rating Details
6/30/2015Wells Fargo & CoUpgradeMarket Perform -> OutperformN/AView Rating Details
5/6/2015JPMorgan Chase & Co.Lower Price TargetNeutral$18.00 -> $17.00N/AView Rating Details
(Data available from 3/22/2015 forward)

Earnings

Earnings History for Sunstone Hotel Investors (NYSE:SHO)
Earnings by Quarter for Sunstone Hotel Investors (NYSE:SHO)
Earnings History by Quarter for Sunstone Hotel Investors (NYSE:SHO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/21/2017Q416$0.06$0.29$276.18 million$289.60 millionViewN/AView Earnings Details
11/1/2016Q316$0.32$0.33$306.82 million$303.30 millionViewListenView Earnings Details
8/8/2016Q216$0.37$0.39$323.40 million$322.20 millionViewListenView Earnings Details
5/2/2016Q116$0.20$0.21$277.91 million$274.30 millionViewListenView Earnings Details
2/22/2016Q415$0.28$0.30$296.25 million$300.93 millionViewListenView Earnings Details
10/29/2015Q315$0.35$0.36$318.84 million$324.60 millionViewListenView Earnings Details
8/6/2015Q2$0.42$0.43$331.46 million$339.30 millionViewListenView Earnings Details
5/5/2015Q1$0.19$0.22$269.62 million$284.39 millionViewListenView Earnings Details
2/17/2015Q414$0.27$0.27$284.95 million$289.90 millionViewListenView Earnings Details
11/3/2014Q214$0.32$0.34$293.50 million$307.78 millionViewListenView Earnings Details
8/7/2014Q114$0.39$0.39$285.39 million$300.85 millionViewListenView Earnings Details
5/5/2014Q413$0.14$0.15$235.06 million$243.48 millionViewListenView Earnings Details
2/20/2014Q313$0.23$0.23$243.41 million$243.90 millionViewListenView Earnings Details
11/12/2013Q3$0.29$0.30$244.21 million$250.40 millionViewListenView Earnings Details
8/6/2013Q213$0.30$0.30$236.18 million$234.60 millionViewListenView Earnings Details
5/7/2013Q113$0.09$0.09$192.79 million$194.90 millionViewListenView Earnings Details
2/20/2013Q412$0.30$0.30$242.64 million$233.00 millionViewListenView Earnings Details
11/1/2012Q312$0.22$0.23$227.79 million$221.10 millionViewN/AView Earnings Details
8/2/2012$0.33$0.35ViewN/AView Earnings Details
5/2/2012$0.08$0.12ViewN/AView Earnings Details
2/21/2012$0.26$0.29ViewN/AView Earnings Details
11/7/2011$0.19$0.08ViewN/AView Earnings Details
8/8/2011$0.26$0.30ViewN/AView Earnings Details
5/5/2011$0.11$0.07ViewN/AView Earnings Details
2/17/2011$0.18$0.20ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Sunstone Hotel Investors (NYSE:SHO)
Current Year EPS Consensus Estimate: $0.58 EPS
Next Year EPS Consensus Estimate: $0.47 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.20$0.23$0.21
Q2 20162$0.37$0.38$0.38
Q3 20162$0.31$0.32$0.32
Q4 20162$0.25$0.25$0.25
Q1 20172$0.20$0.20$0.20
Q2 20172$0.37$0.39$0.38
Q3 20172$0.32$0.32$0.32
Q4 20172$0.26$0.28$0.27
Q1 20182$0.19$0.21$0.20
Q2 20182$0.37$0.41$0.39
Q3 20182$0.32$0.34$0.33
Q4 20182$0.27$0.29$0.28
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Sunstone Hotel Investors (NYSE:SHO)
Next Dividend:4/17/2017
Annual Dividend:$2.12
Dividend Yield:14.43%
Dividend Growth:44.20% (3 Year Average)
Payout Ratio:139.47% (Trailing 12 Months of Earnings)
365.52% (Based on This Year's Estimates)
451.06% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Sunstone Hotel Investors (NYSE:SHO)

Dividend History by Quarter for Sunstone Hotel Investors (NYSE:SHO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017quarterly$0.051.33%3/29/20173/31/20174/17/2017
12/13/2016Quarterly$0.531.29%12/28/201612/31/20161/17/2017
8/9/2016quarterly$0.051.45%9/28/20169/30/201610/17/2016
5/4/2016quarterly$0.051.57%6/28/20166/30/20167/15/2016
2/23/2016quarterly$0.051.61%3/29/20163/31/20164/15/2016
12/18/2015Quarterly$1.2612/29/201512/31/20151/29/2016
8/7/2015quarterly$0.051.4%9/28/20159/30/201510/15/2015
5/5/2015quarterly$0.051.3%6/26/20156/30/20157/15/2015
3/16/2015quarterly$0.051.2%3/27/20153/31/20154/15/2015
11/3/2014quarterly$0.361.3%12/29/201412/31/20141/30/2015
8/8/2014quarterly$0.051.4%9/26/20149/30/201410/15/2014
5/6/2014quarterly$0.051.42%6/26/20146/30/20147/15/2014
2/21/2014quarterly$0.051.5%3/27/20143/31/20144/15/2014
11/12/2013quarterly$0.051.52%12/27/201312/31/20131/15/2014
8/7/2013quarterly$0.051.54%9/26/20139/30/201310/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Sunstone Hotel Investors (NYSE:SHO)
Insider Ownership Percentage: 0.79%
Insider Trades by Quarter for Sunstone Hotel Investors (NYSE:SHO)
Institutional Ownership by Quarter for Sunstone Hotel Investors (NYSE:SHO)
Insider Trades by Quarter for Sunstone Hotel Investors (NYSE:SHO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/29/2016Marc Andrew HoffmanCOOSell10,000$13.92$139,200.00View SEC Filing  
8/17/2016Thomas A LewisDirectorSell25,000$13.48$337,000.00View SEC Filing  
8/15/2016Robert C SpringerInsiderSell32,998$13.81$455,702.38View SEC Filing  
6/29/2016Keith LockerDirectorSell10,000$11.80$118,000.00View SEC Filing  
6/14/2016Keith P RussellDirectorSell10,000$11.54$115,400.00View SEC Filing  
5/3/2016David Ryan SloanSVPSell35,209$12.44$437,999.96View SEC Filing  
3/11/2016Marc Andrew HoffmanCOOSell38,070$13.60$517,752.00View SEC Filing  
12/28/2015David Ryan SloanSVPBuy17,750$13.80$244,950.00View SEC Filing  
5/15/2015Keith LockerDirectorSell20,000$15.61$312,200.00View SEC Filing  
5/14/2015Lindsay Newton MongeSVPSell30,000$15.53$465,900.00View SEC Filing  
3/4/2015David Ryan SloanSVPSell14,481$17.20$249,073.20View SEC Filing  
12/5/2014Kenneth Edward CruseCEOSell31,296$16.10$503,865.60View SEC Filing  
11/21/2014Keith LockerDirectorSell8,000$15.86$126,880.00View SEC Filing  
11/10/2014Marc Andrew HoffmanCOOSell13,395$15.62$209,229.90View SEC Filing  
6/3/2014Kenneth Edward CruseCEOBuy4,000$14.79$59,160.00View SEC Filing  
5/30/2014Kenneth Edward CruseCEOSell153,553$14.67$2,252,622.51View SEC Filing  
5/29/2014Bryan Albert GigliaCFOSell15,763$14.61$230,297.43View SEC Filing  
5/19/2014Lindsay Newton MongeSVPSell7,521$14.22$106,948.62View SEC Filing  
5/9/2014John ArabiaPresidentSell140,000$14.27$1,997,800.00View SEC Filing  
2/28/2014David Ryan SloanSVPSell13,000$13.65$177,450.00View SEC Filing  
2/28/2014Marc Andrew HoffmanCOOSell32,848$13.60$446,732.80View SEC Filing  
9/9/2013Kenneth Edward CruseCEOBuy2,000$12.60$25,200.00View SEC Filing  
8/19/2013Douglas PasqualeDirectorBuy1,000$11.95$11,950.00View SEC Filing  
8/12/2013David Ryan SloanSVPSell5,000$13.03$65,150.00View SEC Filing  
8/12/2013Keith LockerDirectorSell10,000$13.05$130,500.00View SEC Filing  
6/12/2013Douglas M PasqualeDirectorBuy2,000$11.16$22,320.00View SEC Filing  
6/5/2013Douglas M PasqualeDirectorBuy2,000$11.47$22,940.00View SEC Filing  
5/13/2013Kenneth Edward CruseCEOBuy4,000$12.63$50,520.00View SEC Filing  
9/13/2012Marc Andrew HoffmanCOOSell33,948$11.35$385,309.80View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Sunstone Hotel Investors (NYSE:SHO)
Latest Headlines for Sunstone Hotel Investors (NYSE:SHO)
Source:
DateHeadline
nasdaq.com logoSHO Crosses Above Average Analyst Target (NYSE:SHO)
www.nasdaq.com - March 16 at 4:17 PM
finance.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Financials (NYSE:SHO)
finance.yahoo.com - February 28 at 7:27 PM
biz.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement (NYSE:SHO)
biz.yahoo.com - February 28 at 7:27 PM
biz.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Files SEC form 8-K, Other Events (NYSE:SHO)
biz.yahoo.com - February 28 at 12:00 PM
biz.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Files SEC form 10-K, Annual Report (NYSE:SHO)
biz.yahoo.com - February 23 at 7:58 PM
seekingalpha.com logoSunstone Hotel Investors, Inc. 2016 Q4 - Results - Earnings Call Slides (NYSE:SHO)
seekingalpha.com - February 23 at 1:00 AM
finance.yahoo.com logoEdited Transcript of SHO earnings conference call or presentation 22-Feb-17 5:00pm GMT (NYSE:SHO)
finance.yahoo.com - February 23 at 1:00 AM
biz.yahoo.com logoSunstone Hotel Investors Inc Earnings Call scheduled for 12:00 pm ET today (NYSE:SHO)
biz.yahoo.com - February 22 at 8:00 PM
biz.yahoo.com logoQ4 2016 Sunstone Hotel Investors Inc Earnings Release - After Market Close (NYSE:SHO)
biz.yahoo.com - February 21 at 5:04 PM
finance.yahoo.com logoSunstone Hotel Investors Reports Results For Fourth Quarter And Full Year 2016 (NYSE:SHO)
finance.yahoo.com - February 21 at 5:04 PM
biz.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors (NYSE:SHO)
biz.yahoo.com - February 21 at 5:04 PM
us.rd.yahoo.com logo8:03 am Sunstone Hotel announces the sale of Fairmont Newport beach for $125.0 mln; results in an estimated net book gain of approximately $44 mln and is estimated to increase 2017 taxable income by approximately $37 mln (NYSE:SHO)
us.rd.yahoo.com - February 14 at 6:19 AM
finance.yahoo.com logoSunstone Hotel Investors Announces The Sale Of The 444-Room Fairmont Newport Beach For $125.0 Million (NYSE:SHO)
finance.yahoo.com - February 13 at 8:23 AM
biz.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:SHO)
biz.yahoo.com - January 28 at 6:34 AM
finance.yahoo.com logoSunstone Hotel Investors Announces Tax Treatment of Its 2016 Dividends (NYSE:SHO)
finance.yahoo.com - January 21 at 1:08 AM
finance.yahoo.com logoSunstone Hotel Investors Schedules Fourth Quarter 2016 Earnings Release and Conference Call (NYSE:SHO)
finance.yahoo.com - January 14 at 6:10 AM
us.rd.yahoo.com logoSunstone Hotel downgraded by FBR & Co. (NYSE:SHO)
us.rd.yahoo.com - January 6 at 4:22 AM
finance.yahoo.com logo4:16 pm Sunstone Hotel enters into an agreement for the private placement of $240 million of senior unsecured notes (NYSE:SHO)
finance.yahoo.com - December 20 at 7:39 PM
biz.yahoo.com logoSUNSTONE HOTEL INVESTORS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct F (NYSE:SHO)
biz.yahoo.com - December 20 at 7:39 PM
blogs.barrons.com logoReasons To Be Bullish On Lodging REITs in 2017 (NYSE:SHO)
blogs.barrons.com - December 20 at 2:39 PM
finance.yahoo.com logoCoverage initiated on Sunstone Hotel by Instinet (NYSE:SHO)
finance.yahoo.com - December 15 at 12:51 AM
forbes.com logoSHO Named Top 10 REIT at Dividend Channel With 13.60% Yield (NYSE:SHO)
www.forbes.com - December 14 at 8:52 AM

Social

Frequently Asked Questions for Sunstone Hotel Investors (NYSE:SHO)

What is Sunstone Hotel Investors' stock symbol?

Sunstone Hotel Investors trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHO."

How often does Sunstone Hotel Investors pay dividends? What is the dividend yield for Sunstone Hotel Investors?

Sunstone Hotel Investors declared a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Friday, March 31st will be given a dividend of $0.05 per share on Monday, April 17th. This represents a $0.20 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Wednesday, March 29th.

How were Sunstone Hotel Investors' earnings last quarter?

Sunstone Hotel Investors Inc (NYSE:SHO) posted its earnings results on Tuesday, February, 21st. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.06 by $0.23. The business had revenue of $289.60 million for the quarter, compared to analysts' expectations of $276.18 million. Sunstone Hotel Investors had a return on equity of 14.50% and a net margin of 27.94%. Sunstone Hotel Investors's quarterly revenue was down 3.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.30 EPS.

When will Sunstone Hotel Investors make its next earnings announcement?

Sunstone Hotel Investors is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

What guidance has Sunstone Hotel Investors issued on next quarter's earnings?

Sunstone Hotel Investors updated its FY17 earnings guidance on Tuesday, February, 21st. The company provided EPS guidance of $1.09-1.19 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.22. Sunstone Hotel Investors also updated its Q1 guidance to $0.19-0.21 EPS.

Where is Sunstone Hotel Investors' stock going? Where will Sunstone Hotel Investors' stock price be in 2017?

13 brokers have issued 1-year target prices for Sunstone Hotel Investors' shares. Their predictions range from $11.00 to $17.00. On average, they expect Sunstone Hotel Investors' stock price to reach $15.05 in the next twelve months.

Who owns Sunstone Hotel Investors stock?

Sunstone Hotel Investors' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (3.87%), FMR LLC (2.26%), Franklin Resources Inc. (1.50%), Dimensional Fund Advisors LP (1.36%), Foresters Investment Management Company Inc. (1.08%) and Norges Bank (0.93%). Company insiders that own Sunstone Hotel Investors stock include David Ryan Sloan, Keith Locker, Keith P Russell, Lindsay Newton Monge, Marc Andrew Hoffman, Robert C Springer and Thomas A Lewis.

Who sold Sunstone Hotel Investors stock? Who is selling Sunstone Hotel Investors stock?

Sunstone Hotel Investors' stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Heitman Real Estate Securities LLC, AQR Capital Management LLC, Guggenheim Capital LLC, State Street Corp, Century Capital Management LLC, Metropolitan Life Insurance Co. NY and Envestnet Asset Management Inc.. Company insiders that have sold Sunstone Hotel Investors stock in the last year include David Ryan Sloan, Keith Locker, Keith P Russell, Marc Andrew Hoffman, Robert C Springer and Thomas A Lewis.

Who bought Sunstone Hotel Investors stock? Who is buying Sunstone Hotel Investors stock?

Sunstone Hotel Investors' stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Russell Investments Group Ltd., Frontier Capital Management Co. LLC, Franklin Resources Inc., Cipher Capital LP, Asset Management One Co. Ltd. and Gideon Capital Advisors Inc..

How do I buy Sunstone Hotel Investors stock?

Shares of Sunstone Hotel Investors can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Sunstone Hotel Investors stock cost?

One share of Sunstone Hotel Investors stock can currently be purchased for approximately $14.69.

Sunstone Hotel Investors (SHO) Chart for Wednesday, March, 22, 2017

This page was last updated on 3/22/2017 by MarketBeat.com Staff