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. Investors 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 annualized dividend and a dividend 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 authorized a stock repurchase plan 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 purchase up to 9.1% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

Sunstone Hotel Investors Inc (NYSE:SHO) released its quarterly earnings results on Monday, May, 7th. The real estate investment trust reported $0.15 earnings per share (EPS) 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 return on equity of 4.41% and a net margin of 10.28%. The firm's revenue for the quarter was down 3.3% on a year-over-year basis. During the same period in the prior year, the firm 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 equities research analysts have issued 12 month price targets for Sunstone Hotel Investors' shares. 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. View Analyst Ratings for Sunstone Hotel Investors.

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

Media stories about SHO stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Sunstone Hotel Investors earned a coverage optimism score of 0.17 on Accern's scale. They also gave news articles about the real estate investment trust an impact score of 45.58 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Sunstone Hotel Investors' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.45%), Daiwa Securities Group Inc. (5.81%), Principal Financial Group Inc. (5.16%), Principal Financial Group Inc. (5.16%), JPMorgan Chase & Co. (2.91%) and Nuveen Asset Management LLC (2.78%). Company insiders that own Sunstone Hotel Investors stock include Bryan Albert Giglia, Keith Locker, 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 American Century Companies Inc., Daiwa Securities Group Inc., Russell Investments Group Ltd., Franklin Resources Inc., BNP Paribas Arbitrage SA, Sei Investments Co., Chicago Equity Partners LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Sunstone Hotel Investors.

SHO stock was purchased by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Nuveen Asset Management LLC, Millennium Management LLC, Principal Financial Group Inc., Principal Financial Group Inc., Teachers Insurance & Annuity Association of America, Mackay Shields LLC and Landscape Capital Management L.L.C.. 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 $16.85.

Sunstone Hotel Investors has a market capitalization of $3.81 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]