NYSE:SHOSunstone Hotel Investors Stock Price, Forecast & 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 17.3% and is now trading at $7.56. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Sunstone Hotel Investors.

Sunstone Hotel Investors is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Sunstone Hotel Investors.

Sunstone Hotel Investors Inc (NYSE:SHO) released its quarterly earnings data on Friday, May, 8th. The real estate investment trust reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.14. The real estate investment trust earned $191.21 million during the quarter, compared to the consensus estimate of $209.65 million. Sunstone Hotel Investors had a negative return on equity of 1.69% and a negative net margin of 3.88%. The firm's quarterly revenue was down 25.8% on a year-over-year basis. During the same quarter last year, the company posted $0.21 EPS. View Sunstone Hotel Investors' earnings history.

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 dividend on an annualized basis and a dividend yield of 2.65%. 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 target prices 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 $9.43 in the next year. This suggests a possible upside of 24.7% from the stock's current price. View analysts' price targets for Sunstone Hotel Investors.

Media headlines about SHO stock have trended negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Sunstone Hotel Investors earned a news sentiment score of -2.1 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Sunstone Hotel Investors.

Sunstone Hotel Investors saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 8,010,000 shares, a decline of 6.1% from the June 15th total of 8,530,000 shares. Based on an average trading volume of 3,960,000 shares, the short-interest ratio is currently 2.0 days. Currently, 3.8% of the company's stock are short sold. 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), Weyerhaeuser (WY), Ventas (VTR), 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), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Chesapeake Energy (CHK), TherapeuticsMD (TXMD), IQIYI (IQ), NGL Energy Partners (NGL), Orchid Island Capital (ORC), AGNC Investment (AGNC), CHIMERA INVT CO/SH NEW (CIM) 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 Envestnet Asset Management Inc. (0.01%). 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 Envestnet Asset Management Inc.. 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 $7.56.

Sunstone Hotel Investors has a market capitalization of $1.63 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]