Sunstone Hotel Investors Stock Forecast, Price & News

Sunstone Hotel Investors' stock was trading at $9.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SHO stock has decreased by 16.8% and is now trading at $7.60.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Sunstone Hotel Investors is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Sunstone Hotel Investors.

Sunstone Hotel Investors Inc (NYSE:SHO) posted its earnings results on Tuesday, August, 4th. The real estate investment trust reported ($0.55) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.43) by $0.12. The real estate investment trust had revenue of $10.42 million for the quarter, compared to the consensus estimate of $20.30 million. Sunstone Hotel Investors had a negative net margin of 26.70% and a negative return on equity of 8.77%. The business's revenue for the quarter was down 96.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.36 EPS.
View Sunstone Hotel Investors' earnings history.

Sunstone Hotel Investors announced a quarterly dividend on Monday, February 17th. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.05 per share on Wednesday, April 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.63%. The ex-dividend date of this dividend is Monday, March 30th.
View Sunstone Hotel Investors' dividend history.

8 equities research analysts have issued 1 year price objectives for Sunstone Hotel Investors' stock. Their forecasts range from $7.00 to $11.00. On average, they expect Sunstone Hotel Investors' stock price to reach $9.17 in the next year. This suggests a possible upside of 20.6% from the stock's current price.
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Sunstone Hotel Investors saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 5,290,000 shares, an increase of 8.6% from the July 30th total of 4,870,000 shares. Based on an average daily volume of 3,770,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 2.5% of the company's stock are sold short.
View Sunstone Hotel Investors' Short Interest.

Some companies that are related to Sunstone Hotel Investors include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include New Residential Investment (NRZ), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY), CHIMERA INVT CO/SH NEW (CIM), Orchid Island Capital (ORC), Chesapeake Energy (CHKAQ), IQIYI (IQ), TherapeuticsMD (TXMD), AGNC Investment (AGNC) and Enterprise Products Partners (EPD).

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 Vanguard Group Inc. (14.50%), Victory Capital Management Inc. (3.32%), Sumitomo Mitsui Trust Holdings Inc. (2.04%), Lasalle Investment Management Securities LLC (1.88%), Nuveen Asset Management LLC (1.88%) and Charles Schwab Investment Management Inc. (1.59%). Company insiders that own Sunstone Hotel Investors stock include Douglas M Pasquale, John V Arabia, Murray J Mccabe and W Blake Baird.
View institutional ownership trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Principal Financial Group Inc., Principal Financial Group Inc., Vanguard Group Inc., Charles Schwab Investment Management Inc., Grantham Mayo Van Otterloo & Co. LLC, Jacobs Levy Equity Management Inc., and Bank of New York Mellon Corp.
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SHO stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Waterfront Capital Partners LLC, Balyasny Asset Management LLC, Thrivent Financial for Lutherans, Nuveen Asset Management LLC, William Blair Investment Management LLC, and Lasalle Investment Management Securities LLC. Company insiders that have bought Sunstone Hotel Investors stock in the last two years include Douglas M Pasquale, John V Arabia, Murray J Mccabe, and W Blake Baird.
View insider buying and selling activity for Sunstone Hotel Investors.

Shares of SHO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of SHO stock can currently be purchased for approximately $7.60.

Sunstone Hotel Investors has a market capitalization of $1.64 billion and generates $1.12 billion in revenue each year. The real estate investment trust earns $135.73 million in net income (profit) each year or $1.12 on an earnings per share basis. Sunstone Hotel Investors employs 48 workers across the globe.

The official website for Sunstone Hotel Investors is www.sunstonehotels.com.

Sunstone Hotel Investors' mailing address is 200 SPECTRUM CENTER DRIVE 21ST FLOOR, IRVINE CA, 92618. The real estate investment trust can be reached via phone at 949-330-4000 or via email at [email protected]