NYSE:SHO - Sunstone Hotel Investors Stock Price, Price Target & More

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

Sunstone Hotel Investors declared a quarterly dividend on Tuesday, May 8th. Shareholders of record on Friday, June 29th will be given a dividend of $0.05 per share on Monday, July 16th. This represents a $0.20 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date is Thursday, June 28th. View Sunstone Hotel Investors' Dividend History.

Sunstone Hotel Investors announced that its Board of Directors has approved a stock buyback plan on Friday, April 7th 2017, which allows the company to buyback $300,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 9.1% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

Sunstone Hotel Investors Inc (NYSE:SHO) issued its quarterly earnings results on Monday, May, 7th. The real estate investment trust reported $0.15 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by $0.04. The real estate investment trust earned $271.45 million during the quarter, compared to analysts' expectations of $263.09 million. Sunstone Hotel Investors had a net margin of 10.28% and a return on equity of 4.41%. The company's revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the company earned $0.24 EPS. View Sunstone Hotel Investors' Earnings History.

Sunstone Hotel Investors is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Sunstone Hotel Investors.

11 analysts have issued 1-year price targets for Sunstone Hotel Investors' stock. Their forecasts range from $14.00 to $18.00. On average, they anticipate Sunstone Hotel Investors' stock price to reach $16.8125 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View Analyst Ratings for Sunstone Hotel Investors.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Sunstone Hotel Investors include InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Huazhu Group (HTHT), Wyndham Worldwide (WYN), Hyatt Hotels (H), Caesars Entertainment Co. Common Stock (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Boyd Gaming (BYD), Red Rock Resorts (RRR), Extended Stay America (STAY), Eldorado Resorts (ERI), Penn National Gaming (PENN) and Xenia Hotels & Resorts (XHR).

Press coverage about SHO stock has been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sunstone Hotel Investors earned a media sentiment score of 0.09 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 45.62 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Sunstone Hotel Investors' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.18%), Manning & Napier Group LLC (0.13%), Bank of Montreal Can (0.11%), State of Alaska Department of Revenue (0.05%) and Xact Kapitalforvaltning AB (0.02%). Company insiders that own Sunstone Hotel Investors stock include Bryan Albert Giglia, Marc Andrew Hoffman, Robert C Springer and Thomas A Lewis. View Institutional Ownership Trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Sunstone Hotel Investors.

SHO stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Manning & Napier Group LLC and Xact Kapitalforvaltning AB. 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, Scottrade, Fidelity and Charles Schwab.

One share of SHO stock can currently be purchased for approximately $16.76.

Sunstone Hotel Investors has a market capitalization of $3.80 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.

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]