About Sunstone Hotel Investors (NYSE:SHO)
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of February 12, 2018 has interests in 25 hotels comprised of 12,450 rooms. Sunstone's hotels are primarily in the urban and resort upper upscale segment and are predominantly operated under nationally recognized brands, such as Marriott, Hilton and Hyatt. For further information, please visit Sunstone's website at www.sunstonehotels.com.
Industry, Sector and Symbol
Industry Hotels & motels
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:SHO
CUSIP86789210
Phone949-330-4000
Debt
Debt-to-Equity Ratio0.42%
Current Ratio3.00%
Quick Ratio3.00%
Price-To-Earnings
Trailing P/E Ratio13.00
Forward P/E Ratio13.92
P/E Growth2.79
Sales & Book Value
Annual Sales$1.19 billion
Price / Sales2.97
Cash Flow$1.3666 per share
Price / Cash11.51
Book Value$10.62 per share
Price / Book1.48
Profitability
EPS (Most Recent Fiscal Year)$1.22
Net Income$145.37 million
Net Margins12.53%
Return on Equity5.56%
Return on Assets3.56%
Miscellaneous
Employees49
Outstanding Shares225,320,000
Sunstone Hotel Investors (NYSE:SHO) Frequently Asked Questions
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 Tuesday, February 13th. Investors of record on Friday, March 30th will be paid a dividend of $0.05 per share on Monday, April 16th. This represents a $0.20 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Wednesday, March 28th. View Sunstone Hotel Investors' Dividend History.
How will Sunstone Hotel Investors' stock buyback program work?
Sunstone Hotel Investors announced that its Board of Directors has authorized a stock buyback program on Friday, April 7th 2017, which permits the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 9.1% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's board believes its shares are undervalued.
How were Sunstone Hotel Investors' earnings last quarter?
Sunstone Hotel Investors (NYSE:SHO) released its quarterly earnings results on Monday, February, 12th. The real estate investment trust reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.19. The real estate investment trust had revenue of $290.19 million for the quarter, compared to analysts' expectations of $284.59 million. Sunstone Hotel Investors had a net margin of 12.53% and a return on equity of 5.56%. The company's quarterly revenue was up .2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 earnings per share. View Sunstone Hotel Investors' Earnings History.
When is Sunstone Hotel Investors' next earnings date?
What guidance has Sunstone Hotel Investors issued on next quarter's earnings?
Sunstone Hotel Investors updated its FY18 earnings guidance on Monday, February, 12th. The company provided earnings per share (EPS) guidance of $1.05-1.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.19. Sunstone Hotel Investors also updated its Q1 guidance to $0.18-0.20 EPS.
What price target have analysts set for SHO?
9 analysts have issued 12-month target prices for Sunstone Hotel Investors' shares. Their predictions range from $14.00 to $18.00. On average, they expect Sunstone Hotel Investors' share price to reach $16.4167 in the next year. View Analyst Ratings for Sunstone Hotel Investors.
What are Wall Street analysts saying about Sunstone Hotel Investors stock?
Here are some recent quotes from research analysts about Sunstone Hotel Investors stock:
- 1. According to Zacks Investment Research, "Sunstone Hotel Investors, Inc. is a Southern California-based lodging real estate company that expects to qualify as a real estate investment trust for federal income tax purposes. The Company owns hotels primarily in the upper-upscale and upscale segments primarily operated under franchises owned nationally-recognized companies, such as Marriott, Hilton, InterContinental and Hyatt. " (11/3/2017)
- 2. Canaccord Genuity analysts commented, "We expect SHO to trade up tomorrow and believe it has the potential to bring other lodging REITs with it." (5/3/2017)
Are investors shorting Sunstone Hotel Investors?
Sunstone Hotel Investors saw a decline in short interest in the month of March. As of March 15th, there was short interest totalling 8,414,120 shares, a decline of 22.3% from the February 28th total of 10,823,950 shares. Based on an average trading volume of 2,000,053 shares, the short-interest ratio is presently 4.2 days. Approximately 3.8% of the company's stock are sold short.
Who are some of Sunstone Hotel Investors' key competitors?
Some companies that are related to Sunstone Hotel Investors include Park Hotels & Resorts (PK), Choice Hotels (CHH), Boyd Gaming (BYD), Extended Stay America (STAY), Red Rock Resorts (RRR), Eldorado Resorts (ERI), Penn National Gaming (PENN), La Quinta (LQ), Xenia Hotels & Resorts (XHR), Pinnacle Entertainment (PNK), Playa Hotels & Resorts (PLYA), Belmond (BEL), Monarch Casino & Resort (MCRI), Red Lion Hotels (RLH), Century Casinos (CNTY), Full House Resorts (FLL) and Peak Resorts (SKIS).
Who are Sunstone Hotel Investors' key executives?
Sunstone Hotel Investors' management team includes the folowing people:
- Mr. John V. Arabia CPA, Pres, CEO & Director (Age 48)
- Mr. Bryan Albert Giglia, Exec. VP & CFO (Age 42)
- Mr. Marc A. Hoffman, Exec. VP & COO (Age 60)
- Mr. Robert C. Springer, Exec. VP & Chief Investment Officer (Age 40)
- Mr. David M. Klein, Sr. VP, Gen. Counsel & Sec. (Age 49)
Has Sunstone Hotel Investors been receiving favorable news coverage?
Press coverage about SHO stock has been trending somewhat positive recently, according to Accern Sentiment. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sunstone Hotel Investors earned a media sentiment score of 0.20 on Accern's scale. They also gave media stories about the real estate investment trust an impact score of 45.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Sunstone Hotel Investors' stock price today?
One share of SHO stock can currently be purchased for approximately $15.73.
How big of a company is Sunstone Hotel Investors?
Sunstone Hotel Investors has a market capitalization of $3.54 billion and generates $1.19 billion in revenue each year. The real estate investment trust earns $145.37 million in net income (profit) each year or $1.22 on an earnings per share basis. Sunstone Hotel Investors employs 49 workers across the globe.
How can I contact Sunstone Hotel Investors?
Sunstone Hotel Investors' mailing address is 120 VANTIS SUITE 350, ALISO VIEJO CA, 92656. The real estate investment trust can be reached via phone at 949-330-4000 or via email at [email protected]
MarketBeat Community Rating for Sunstone Hotel Investors (SHO)
MarketBeat's community ratings are surveys of what our community members think about Sunstone Hotel Investors and other stocks. Vote "Outperform" if you believe SHO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHO will underperform the S&P 500 over the long term. You may vote once every thirty days.
Sunstone Hotel Investors (NYSE:SHO) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
9 Wall Street analysts have issued ratings and price targets for Sunstone Hotel Investors in the last 12 months. Their average twelve-month price target is $16.4167, suggesting that the stock has a possible upside of 4.37%. The high price target for SHO is $18.00 and the low price target for SHO is $14.00. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.11 | 2.00 | 1.92 | 2.00 |
| Ratings Breakdown: | 1 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
8 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
7 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $16.4167 | $15.9286 | $16.0625 | $16.1250 |
| Price Target Upside: | 4.37% upside | 4.31% upside | 2.12% downside | 0.89% downside |
Sunstone Hotel Investors (NYSE:SHO) Consensus Price Target History
Sunstone Hotel Investors (NYSE:SHO) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Sunstone Hotel Investors (NYSE:SHO) Dividend Information
Sunstone Hotel Investors pays an annual dividend of $0.20 per share, with a dividend yield of 1.27%. SHO's most recent quarterly dividend payment was Monday, April 16. Sunstone Hotel Investors pays out 16.39% of its earnings out as a dividend.
| Most Recent Dividend: | 4/16/2018 |
| Annual Dividend: | $0.20 |
| Dividend Yield: | 1.27% |
| Dividend Growth: | 50.40% (3 Year Average) |
| Payout Ratio: | 16.39% (Trailing 12 Months of Earnings)
17.70% (Based on This Year's Estimates)
17.09% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Sunstone Hotel Investors (NYSE:SHO) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/13/2018 | quarterly | $0.05 | 1.27% | 3/28/2018 | 3/30/2018 | 4/16/2018 |
| 12/11/2017 | Quarterly | $0.58 | 1.2% | 12/28/2017 | 12/31/2017 | 1/16/2018 |
| 8/2/2017 | Quarterly | $0.05 | 1.24% | 9/28/2017 | 9/30/2017 | 10/16/2017 |
| 5/3/2017 | quarterly | $0.05 | 1.29% | 6/28/2017 | 6/30/2017 | 7/17/2017 |
| 2/22/2017 | quarterly | $0.05 | 1.33% | 3/29/2017 | 3/31/2017 | 4/17/2017 |
| 12/13/2016 | Quarterly | $0.53 | 1.29% | 12/28/2016 | 12/31/2016 | 1/17/2017 |
| 8/9/2016 | quarterly | $0.05 | 1.45% | 9/28/2016 | 9/30/2016 | 10/17/2016 |
| 5/4/2016 | quarterly | $0.05 | 1.57% | 6/28/2016 | 6/30/2016 | 7/15/2016 |
| 2/23/2016 | quarterly | $0.05 | 1.61% | 3/29/2016 | 3/31/2016 | 4/15/2016 |
| 12/18/2015 | Quarterly | $1.26 | | 12/29/2015 | 12/31/2015 | 1/29/2016 |
| 8/7/2015 | quarterly | $0.05 | 1.4% | 9/28/2015 | 9/30/2015 | 10/15/2015 |
| 5/5/2015 | quarterly | $0.05 | 1.3% | 6/26/2015 | 6/30/2015 | 7/15/2015 |
| 3/16/2015 | quarterly | $0.05 | 1.2% | 3/27/2015 | 3/31/2015 | 4/15/2015 |
| 11/3/2014 | quarterly | $0.36 | 1.3% | 12/29/2014 | 12/31/2014 | 1/30/2015 |
| 8/8/2014 | quarterly | $0.05 | 1.4% | 9/26/2014 | 9/30/2014 | 10/15/2014 |
| 5/6/2014 | quarterly | $0.05 | 1.42% | 6/26/2014 | 6/30/2014 | 7/15/2014 |
| 2/21/2014 | quarterly | $0.05 | 1.5% | 3/27/2014 | 3/31/2014 | 4/15/2014 |
| 11/12/2013 | quarterly | $0.05 | 1.52% | 12/27/2013 | 12/31/2013 | 1/15/2014 |
| 8/7/2013 | quarterly | $0.05 | 1.54% | 9/26/2013 | 9/30/2013 | 10/15/2013 |
(Data available from 1/1/2013 forward)
Sunstone Hotel Investors (NYSE SHO) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.84%
Sunstone Hotel Investors (NYSE SHO) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 12/14/2017 | Bryan Albert Giglia | CFO | Sell | 18,426 | $16.73 | $308,266.98 | 229,833 |  |
| 8/29/2016 | Marc Andrew Hoffman | COO | Sell | 10,000 | $13.92 | $139,200.00 | 236,709 | |
| 8/17/2016 | Thomas A Lewis | Director | Sell | 25,000 | $13.48 | $337,000.00 | 57,963 | |
| 8/15/2016 | Robert C Springer | Insider | Sell | 32,998 | $13.81 | $455,702.38 | 182,566 | |
| 6/29/2016 | Keith Locker | Director | Sell | 10,000 | $11.80 | $118,000.00 | 50,703 | |
| 6/14/2016 | Keith P Russell | Director | Sell | 10,000 | $11.54 | $115,400.00 | 69,491 | |
| 5/3/2016 | David Ryan Sloan | SVP | Sell | 35,209 | $12.44 | $437,999.96 | | |
| 3/11/2016 | Marc Andrew Hoffman | COO | Sell | 38,070 | $13.60 | $517,752.00 | 246,709 | |
| 12/28/2015 | David Ryan Sloan | SVP | Buy | 17,750 | $13.80 | $244,950.00 | 67,516 | |
| 5/15/2015 | Keith Locker | Director | Sell | 20,000 | $15.61 | $312,200.00 | | |
| 5/14/2015 | Lindsay Newton Monge | SVP | Sell | 30,000 | $15.53 | $465,900.00 | | |
| 3/4/2015 | David Ryan Sloan | SVP | Sell | 14,481 | $17.20 | $249,073.20 | | |
| 12/5/2014 | Kenneth Edward Cruse | CEO | Sell | 31,296 | $16.10 | $503,865.60 | | |
| 11/21/2014 | Keith Locker | Director | Sell | 8,000 | $15.86 | $126,880.00 | | |
| 11/10/2014 | Marc Andrew Hoffman | COO | Sell | 13,395 | $15.62 | $209,229.90 | | |
| 6/3/2014 | Kenneth Edward Cruse | CEO | Buy | 4,000 | $14.79 | $59,160.00 | | |
| 5/30/2014 | Kenneth Edward Cruse | CEO | Sell | 153,553 | $14.67 | $2,252,622.51 | | |
| 5/29/2014 | Bryan Albert Giglia | CFO | Sell | 15,763 | $14.61 | $230,297.43 | | |
| 5/19/2014 | Lindsay Newton Monge | SVP | Sell | 7,521 | $14.22 | $106,948.62 | 90,841 | |
| 5/9/2014 | John Arabia | President | Sell | 140,000 | $14.27 | $1,997,800.00 | 486,299 | |
| 2/28/2014 | David Ryan Sloan | SVP | Sell | 13,000 | $13.65 | $177,450.00 | 48,589 | |
| 2/28/2014 | Marc Andrew Hoffman | COO | Sell | 32,848 | $13.60 | $446,732.80 | 178,804 | |
| 9/9/2013 | Kenneth Edward Cruse | CEO | Buy | 2,000 | $12.60 | $25,200.00 | | |
| 8/19/2013 | Douglas Pasquale | Director | Buy | 1,000 | $11.95 | $11,950.00 | 23,395 | |
| 8/12/2013 | David Ryan Sloan | SVP | Sell | 5,000 | $13.03 | $65,150.00 | 44,787 | |
| 8/12/2013 | Keith Locker | Director | Sell | 10,000 | $13.05 | $130,500.00 | 61,370 | |
| 6/12/2013 | Douglas M Pasquale | Director | Buy | 2,000 | $11.16 | $22,320.00 | | |
| 6/5/2013 | Douglas M Pasquale | Director | Buy | 2,000 | $11.47 | $22,940.00 | | |
| 5/13/2013 | Kenneth Edward Cruse | CEO | Buy | 4,000 | $12.63 | $50,520.00 | | |
| 9/13/2012 | Marc Andrew Hoffman | COO | Sell | 33,948 | $11.35 | $385,309.80 | | |
(Data available from 1/1/2013 forward)
Sunstone Hotel Investors (NYSE SHO) News Headlines
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Sunstone Hotel Investors (NYSE:SHO) SEC Filings
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Sunstone Hotel Investors (NYSE:SHO) Income Statement, Balance Sheet and Cash Flow Statement
Sunstone Hotel Investors (NYSE SHO) Stock Chart for Sunday, April, 22, 2018
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