Sunstone Hotel Investors (SHO) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last twelve months. There are currently 4 sell ratings, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SHO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHO, but not buy additional shares or sell existing shares.
View SHO analyst ratings or view top-rated stocks.

8 Wall Street analysts have issued 1 year target prices for Sunstone Hotel Investors' shares. Their SHO share price forecasts range from $9.00 to $13.00. On average, they expect the company's stock price to reach $10.56 in the next twelve months. This suggests that the stock has a possible downside of 1.7%.
View analysts price targets for SHO or view top-rated stocks among Wall Street analysts.

Sunstone Hotel Investors' stock was trading at $9.66 at the beginning of 2023. Since then, SHO shares have increased by 11.3% and is now trading at $10.75.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our SHO earnings forecast.

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced its quarterly earnings data on Thursday, November, 4th. The real estate investment trust reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.21. The real estate investment trust earned $167.42 million during the quarter, compared to analyst estimates of $158.88 million. Sunstone Hotel Investors had a net margin of 9.60% and a trailing twelve-month return on equity of 5.22%. The firm's quarterly revenue was up 479.1% on a year-over-year basis. During the same period in the prior year, the business earned ($0.26) earnings per share.

Sunstone Hotel Investors declared a quarterly dividend on Thursday, May 4th. Stockholders of record on Friday, June 30th will be paid a dividend of $0.05 per share on Monday, July 17th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, June 29th.
Read our dividend analysis for SHO.

ETFs with the largest weight of Sunstone Hotel Investors (NYSE:SHO) stock in their portfolio include Kelly Hotel & Lodging Sector ETF (HOTL), Nuveen Short-Term REIT ETF (NURE), Invesco S&P SmallCap Financials ETF (PSCF), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO) and SPDR S&P 600 Small CapValue ETF (SLYV).

Sunstone Hotel Investors (NYSE:SHO) pays an annual dividend of $0.15 per share and currently has a dividend yield of 1.40%. The dividend payout ratio is 39.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHO will have a dividend payout ratio of 16.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHO.

Sunstone Hotel Investors issued an update on its second quarter earnings guidance on Friday, May, 5th. The company provided EPS guidance of $0.29-$0.32 for the period, compared to the consensus estimate of $0.29.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include Annaly Capital Management (NLY), New Residential Investment (NRZ), NGL Energy Partners (NGL), Chimera Investment (CIM), Orchid Island Capital (ORC), Chesapeake Energy (CHKAQ), Enterprise Products Partners (EPD), iQIYI (IQ), TherapeuticsMD (TXMD) and AGNC Investment (AGNC).

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

Sunstone Hotel Investors' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (19.12%), State Street Corp (6.76%), Franklin Resources Inc. (4.34%), Principal Financial Group Inc. (3.95%), Geode Capital Management LLC (2.18%) and FMR LLC (2.11%). Insiders that own company stock include David M Klein, Douglas M Pasquale, Keith P Russell, Keith Yandell, Marc Andrew Hoffman and Robert C Springer.
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Shares of SHO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SHO stock can currently be purchased for approximately $10.75.

Sunstone Hotel Investors (NYSE:SHO) has a market capitalization of $2.23 billion and generates $912.05 million in revenue each year. The real estate investment trust earns $87.29 million in net income (profit) each year or $0.38 on an earnings per share basis.

Sunstone Hotel Investors' mailing address is 200 SPECTRUM CENTER DRIVE 21ST FLOOR, IRVINE CA, 92618. The official website for the company is www.sunstonehotels.com. The real estate investment trust can be reached via phone at (949) 330-4000, via email at investorrelations@sunstonehotels.com, or via fax at 949-369-3179.