NYSE:SHO - Sunstone Hotel Investors Stock Price, Forecast & News

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

Sunstone Hotel Investors declared 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 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, March 30th. View Sunstone Hotel Investors' Dividend History.

Sunstone Hotel Investors Inc (NYSE:SHO) released its quarterly earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.24 by $0.06. The real estate investment trust earned $272.90 million during the quarter, compared to analysts' expectations of $266.96 million. Sunstone Hotel Investors had a return on equity of 5.50% and a net margin of 12.35%. The firm's revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 earnings per share. View Sunstone Hotel Investors' Earnings History.

Sunstone Hotel Investors is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Sunstone Hotel Investors.

Sunstone Hotel Investors updated its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share (EPS) guidance of $0.95-$1.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.04.

7 brokerages have issued twelve-month target prices for Sunstone Hotel Investors' stock. Their forecasts range from $11.00 to $15.00. On average, they anticipate Sunstone Hotel Investors' stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 15.5% from the stock's current price. View Analyst Price Targets for Sunstone Hotel Investors.

7 Wall Street 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sunstone Hotel Investors.

Press coverage about SHO stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sunstone Hotel Investors earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Sunstone Hotel Investors.

Sunstone Hotel Investors saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 4,240,000 shares, a decrease of 16.4% from the January 30th total of 5,070,000 shares. Based on an average trading volume of 2,170,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 1.9% of the shares of the stock are sold short. View Sunstone Hotel Investors' Current Options Chain.

Some companies that are related to Sunstone Hotel Investors include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Ventas (VTR), Weyerhaeuser (WY), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), EPR Properties (EPR) and Sabra Health Care REIT (SBRA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include TherapeuticsMD (TXMD), Chesapeake Energy (CHK), IQIYI (IQ), Ford Motor (F), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), Diversified Healthcare Trust (DHC), Uniti Group (UNIT) and DCP Midstream (DCP).

Sunstone Hotel Investors' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (4.16%), Principal Financial Group Inc. (4.13%), Victory Capital Management Inc. (2.63%), Renaissance Technologies LLC (2.61%), Victory Capital Management Inc. (2.32%) and Geode Capital Management LLC (2.07%). View Institutional Ownership Trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Cohen & Steers Inc., Daiwa Securities Group Inc., Rothschild & Co. Asset Management US Inc., Echo Street Capital Management LLC, Mackay Shields LLC, Lasalle Investment Management Securities LLC and Westpac Banking Corp. View Insider Buying and Selling for Sunstone Hotel Investors.

SHO stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Janus Henderson Group PLC, Jacobs Levy Equity Management Inc., Bank of America Corp DE, Standard Life Aberdeen plc, Panagora Asset Management Inc. and Franklin Resources Inc.. View Insider Buying and Selling 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 $11.26.

Sunstone Hotel Investors has a market capitalization of $2.53 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.View Additional Information About Sunstone Hotel Investors.

The official website for Sunstone Hotel Investors is http://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]