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

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

Sunstone Hotel Investors announced a special dividend on Wednesday, December 19th. Investors of record on Monday, December 31st will be given a dividend of $0.54 per share on Tuesday, January 15th. This represents a yield of 1.44%. The ex-dividend date of this dividend is Friday, December 28th. View Sunstone Hotel Investors' Dividend History.

Sunstone Hotel Investors declared that its board has approved a stock buyback plan on Friday, April 7th 2017, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.1% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its shares are undervalued.

Sunstone Hotel Investors Inc (NYSE:SHO) announced its earnings results on Monday, November, 5th. The real estate investment trust reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.10. The real estate investment trust had revenue of $289.30 million for the quarter, compared to the consensus estimate of $291.19 million. Sunstone Hotel Investors had a net margin of 16.56% and a return on equity of 7.84%. The business's revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 earnings per share. View Sunstone Hotel Investors' Earnings History.

Sunstone Hotel Investors is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Sunstone Hotel Investors.

Sunstone Hotel Investors will be holding an earnings conference call on Wednesday, February 13th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Sunstone Hotel Investors issued an update on its fourth quarter 2018 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $0.26-0.28 for the period. Sunstone Hotel Investors also updated its FY18 guidance to $1.13-1.15 EPS.

7 brokerages have issued twelve-month target prices for Sunstone Hotel Investors' stock. Their forecasts range from $16.00 to $17.00. On average, they expect Sunstone Hotel Investors' stock price to reach $16.4286 in the next year. This suggests a possible upside of 16.8% 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 6 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sunstone Hotel Investors.

News articles about SHO stock have trended very positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sunstone Hotel Investors earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Some companies that are related to Sunstone Hotel Investors include Wynn Resorts (WYNN), Melco Resorts & Entertainment (MLCO), InterContinental Hotels Group (IHG), Huazhu Group (HTHT), Hyatt Hotels (H), Caesars Entertainment (CZR), Park Hotels & Resorts (PK), Wyndham Hotels & Resorts (WH), Choice Hotels International (CHH), Eldorado Resorts (ERI), Boyd Gaming (BYD), Penn National Gaming (PENN), Red Rock Resorts (RRR), Belmond (BEL) and Xenia Hotels & Resorts (XHR).

Sunstone Hotel Investors' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bowling Portfolio Management LLC (0.04%), State of Alaska Department of Revenue (0.03%), Alpha Windward LLC (0.01%), First Hawaiian Bank (0.00%) and Nisa Investment Advisors LLC (0.00%). View Institutional Ownership Trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including Alpha Windward LLC, First Hawaiian Bank and Bowling Portfolio Management LLC. View Insider Buying and Selling for Sunstone Hotel Investors.

SHO stock was acquired by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and State of Alaska Department of Revenue. 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 $14.07.

Sunstone Hotel Investors has a market capitalization of $3.21 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.

The official website for Sunstone Hotel Investors is http://www.sunstonehotels.com.

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]