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

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, December 10th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.57 per share on Wednesday, January 15th. This represents a $2.28 dividend on an annualized basis and a yield of 17.58%. The ex-dividend date is Monday, December 30th. This is a positive change from Sunstone Hotel Investors's previous quarterly dividend of $0.05. View Sunstone Hotel Investors' Dividend History.

Sunstone Hotel Investors Inc (NYSE:SHO) posted its earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.24 by $0.06. The real estate investment trust had revenue of $272.90 million for the quarter, compared to analyst estimates of $266.96 million. Sunstone Hotel Investors had a net margin of 15.10% and a return on equity of 6.71%. The business's quarterly revenue was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.29 EPS. View Sunstone Hotel Investors' Earnings History.

Sunstone Hotel Investors is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Sunstone Hotel Investors.

Sunstone Hotel Investors issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided earnings per share guidance of $0.95-$1.05 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.04.

6 analysts have issued 1 year target prices for Sunstone Hotel Investors' stock. Their forecasts range from $11.00 to $15.00. On average, they expect Sunstone Hotel Investors' share price to reach $13.25 in the next twelve months. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Sunstone Hotel Investors.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last year. There are currently 3 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Sunstone Hotel Investors.

News stories about SHO stock have trended somewhat positive on Wednesday, InfoTrie reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. 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 daily sentiment score of 0.7 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Sunstone Hotel Investors.

Sunstone Hotel Investors saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 5,070,000 shares, an increase of 9.0% from the January 15th total of 4,650,000 shares. Based on an average trading volume of 2,180,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 2.3% of the shares of the company 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), EPR Properties (EPR), Life Storage (LSI), Ryman Hospitality Properties (RHP) and Healthcare Realty Trust (HR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include TherapeuticsMD (TXMD), Chesapeake Energy (CHK), ANNALY CAP MGMT/SH (NLY), NGL Energy Partners (NGL), IQIYI (IQ), New Residential Investment (NRZ), Diversified Healthcare Trust (DHC), Uniti Group (UNIT), Ford Motor (F) and General Electric (GE).

Sunstone Hotel Investors' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State Street Corp (4.16%), Principal Financial Group Inc. (4.13%), Victory Capital Management Inc. (2.63%), Renaissance Technologies LLC (2.61%), Victory Capital Management Inc. (2.32%) and Charles Schwab Investment Management Inc. (1.91%). View Institutional Ownership Trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Cohen & Steers Inc., Daiwa Securities Group Inc., Rothschild & Co. Asset Management US Inc., Echo Street Capital Management LLC, Mackay Shields LLC, Lasalle Investment Management Securities LLC and Westpac Banking Corp. View Insider Buying and Selling for Sunstone Hotel Investors.

SHO stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Victory Capital Management Inc., Janus Henderson Group PLC, Jacobs Levy Equity Management Inc., Bank of America Corp DE, Standard Life Aberdeen plc, Panagora Asset Management Inc. and Franklin Resources Inc.. 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, Robinhood, Fidelity and Charles Schwab.

One share of SHO stock can currently be purchased for approximately $12.97.

Sunstone Hotel Investors has a market capitalization of $2.92 billion and generates $1.16 billion in revenue each year. The real estate investment trust earns $250.44 million in net income (profit) each year or $1.17 on an earnings per share basis. Sunstone Hotel Investors employs 48 workers across the globe.View Additional Information About Sunstone Hotel Investors.

The official website for Sunstone Hotel Investors is http://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]