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 quarterly dividend on Tuesday, July 31st. Investors of record on Friday, September 28th will be paid a dividend of $0.05 per share on Monday, October 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date is Thursday, September 27th. View Sunstone Hotel Investors' Dividend History.

Sunstone Hotel Investors announced that its Board of Directors has initiated a share buyback program on Friday, April 7th 2017, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 9.1% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

Sunstone Hotel Investors Inc (NYSE:SHO) released its quarterly earnings results on Monday, July, 30th. The real estate investment trust reported $0.20 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.16. The real estate investment trust had revenue of $317.40 million for the quarter, compared to the consensus estimate of $317.54 million. Sunstone Hotel Investors had a return on equity of 4.26% and a net margin of 10.08%. The firm's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.38 earnings per share. View Sunstone Hotel Investors' Earnings History.

Sunstone Hotel Investors is scheduled to release their next quarterly earnings announcement on Monday, October, 29th 2018. View Earnings Estimates for Sunstone Hotel Investors.

Sunstone Hotel Investors issued an update on its FY18 earnings guidance on Monday, July, 30th. The company provided earnings per share (EPS) guidance of $1.07-1.14 for the period, compared to the Thomson Reuters consensus estimate of $1.13.

10 brokerages have issued 1 year price targets for Sunstone Hotel Investors' shares. Their forecasts range from $14.00 to $18.00. On average, they expect Sunstone Hotel Investors' stock price to reach $16.6429 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Sunstone Hotel Investors.

10 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sunstone Hotel Investors.

Some companies that are related to Sunstone Hotel Investors include InterContinental Hotels Group (IHG), Melco Resorts & Entertainment (MLCO), Wyndham Worldwide (WYN), Huazhu Group (HTHT), 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), Red Rock Resorts (RRR), Eldorado Resorts (ERI), Penn National Gaming (PENN), Xenia Hotels & Resorts (XHR) and La Quinta (LQ).

Press coverage about SHO stock has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sunstone Hotel Investors earned a news impact score of 0.15 on Accern's scale. They also assigned news stories about the real estate investment trust an impact score of 45.62 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Sunstone Hotel Investors.

Sunstone Hotel Investors' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.08%), Daiwa Securities Group Inc. (4.71%), Centersquare Investment Management LLC (3.51%), FMR LLC (2.01%), Bank of New York Mellon Corp (1.81%) and Frontier Capital Management Co. LLC (1.70%). Company insiders that own Sunstone Hotel Investors stock include Bryan Albert Giglia and Marc Andrew Hoffman. View Institutional Ownership Trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Daiwa Securities Group Inc., Schroder Investment Management Group, Victory Capital Management Inc., Millennium Management LLC, Barings LLC, Chicago Equity Partners LLC and Peregrine Capital Management LLC. View Insider Buying and Selling for Sunstone Hotel Investors.

SHO stock was bought by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, BlackRock Inc., Heitman Real Estate Securities LLC, Bank of New York Mellon Corp, American Century Companies Inc., Renaissance Technologies LLC, RVB Capital Management LLC and Russell Investments Group Ltd.. 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 $16.28.

Sunstone Hotel Investors has a market capitalization of $3.62 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]