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

Sunstone Hotel Investors declared that its Board of Directors has initiated a stock repurchase program 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 reacquire up to 9.1% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Sunstone Hotel Investors Inc (NYSE:SHO) announced its quarterly earnings results on Monday, May, 7th. The real estate investment trust reported $0.15 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 analyst estimates of $263.09 million. Sunstone Hotel Investors had a net margin of 10.28% and a return on equity of 4.41%. The firm's revenue for the quarter was down 3.3% on a year-over-year basis. During the same quarter last year, the business earned $0.24 earnings per share. 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 Wall Street analysts have issued 1-year target prices for Sunstone Hotel Investors' stock. Their forecasts range from $14.00 to $18.00. On average, they expect Sunstone Hotel Investors' share 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).

News articles about SHO stock have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sunstone Hotel Investors earned a coverage optimism score of 0.10 on Accern's scale. They also gave media coverage about the real estate investment trust an impact score of 45.93 out of 100, meaning that recent media 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 a number of of institutional and retail 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 acquired 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 $3.80 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]