Sunstone Hotel Investors - SHO Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last year. There are currently 3 sell ratings, 2 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.

6 equities research analysts have issued 1 year price objectives for Sunstone Hotel Investors' stock. Their SHO share price forecasts range from $10.00 to $13.00. On average, they expect the company's stock price to reach $11.17 in the next twelve months. This suggests a possible upside of 0.6% from the stock's current price.
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 14.9% and is now trading at $11.10.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our SHO earnings forecast.

Sunstone Hotel Investors will be holding an earnings conference call on Wednesday, February 22nd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Sunstone Hotel Investors, Inc. (NYSE:SHO) announced its earnings results on Tuesday, November, 8th. The real estate investment trust reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by $0.15. The real estate investment trust earned $244.31 million during the quarter, compared to the consensus estimate of $235.14 million. Sunstone Hotel Investors had a trailing twelve-month return on equity of 10.86% and a net margin of 24.29%.

Sunstone Hotel Investors announced a quarterly dividend on Monday, November 7th. Stockholders of record on Friday, December 30th will be paid a dividend of $0.05 per share on Tuesday, January 17th. This represents a $0.20 annualized dividend and a dividend yield of 1.80%. The ex-dividend date is Thursday, December 29th.
Read our dividend analysis for SHO.

Sunstone Hotel Investors (NYSE:SHO) pays an annual dividend of $0.10 per share and currently has a dividend yield of 0.90%. The dividend payout ratio is 11.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SHO will have a dividend payout ratio of 11.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SHO.

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 investors include Fisher Asset Management LLC (1.07%), Tributary Capital Management LLC (0.55%), Peregrine Capital Management LLC (0.49%), Ziegler Capital Management LLC (0.30%), Index Fund Advisors Inc. (0.16%) and Hill Winds Capital LP (0.14%). Insiders that own company stock include David M Klein, Douglas M Pasquale, John V Arabia, Keith P Russell, Keith Yandell, Marc Andrew Hoffman, Murray J Mccabe, Robert C Springer and W Blake Baird.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of SHO stock can currently be purchased for approximately $11.10.

Sunstone Hotel Investors (NYSE:SHO) has a market capitalization of $2.34 billion and generates $509.15 million in revenue each year. The real estate investment trust earns $34.30 million in net income (profit) each year or $0.89 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.