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.
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8 Wall Street analysts have issued 1-year target prices for Sunstone Hotel Investors' stock. Their SHO share price forecasts range from $9.00 to $13.00. On average, they predict the company's stock price to reach $10.56 in the next year. This suggests that the stock has a possible downside of 2.2%.
View analysts price targets for SHO or view top-rated stocks among Wall Street analysts.

Sunstone Hotel Investors' stock was trading at $9.66 on January 1st, 2023. Since then, SHO stock has increased by 11.7% and is now trading at $10.7950.
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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) posted its earnings results 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 had revenue of $167.42 million for the quarter, compared to analysts' expectations of $158.88 million. Sunstone Hotel Investors had a trailing twelve-month return on equity of 5.22% and a net margin of 9.60%. The business's revenue was up 479.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.26) earnings per share.

Sunstone Hotel Investors declared a quarterly dividend on Thursday, May 4th. Shareholders 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 yield of 1.85%. The ex-dividend date 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 1.46%. 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 updated its second quarter earnings guidance on Friday, May, 5th. The company provided earnings per share (EPS) guidance of $0.29-$0.32 for the period, compared to the consensus earnings per share 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 number 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 $10.80.

Sunstone Hotel Investors (NYSE:SHO) has a market capitalization of $2.24 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.