NYSE:SHOSunstone Hotel Investors Stock Price, Forecast & News

Sunstone Hotel Investors' stock was trading at $9.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SHO shares have decreased by 15.3% and is now trading at $7.74. View which stocks have been most impacted by Coronavirus.

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

Sunstone Hotel Investors is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Sunstone Hotel Investors.

Sunstone Hotel Investors Inc (NYSE:SHO) released its quarterly earnings data on Friday, May, 8th. The real estate investment trust reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.14. The real estate investment trust had revenue of $191.21 million for the quarter, compared to the consensus estimate of $209.65 million. Sunstone Hotel Investors had a negative net margin of 3.88% and a negative return on equity of 1.69%. Sunstone Hotel Investors's revenue for the quarter was down 25.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.21 earnings per share. View Sunstone Hotel Investors' earnings history.

Sunstone Hotel Investors declared a quarterly dividend on Monday, February 17th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.05 per share on Wednesday, April 15th. This represents a $0.20 annualized dividend and a yield of 2.58%. The ex-dividend date is Monday, March 30th. View Sunstone Hotel Investors' dividend history.

8 brokers have issued 1-year price targets for Sunstone Hotel Investors' stock. Their forecasts range from $7.00 to $11.00. On average, they expect Sunstone Hotel Investors' share price to reach $9.43 in the next year. This suggests a possible upside of 21.8% from the stock's current price. View analysts' price targets for Sunstone Hotel Investors.

News headlines about SHO stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Sunstone Hotel Investors earned a news impact score of 1.2 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Sunstone Hotel Investors.

Sunstone Hotel Investors saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 8,010,000 shares, a drop of 6.1% from the June 15th total of 8,530,000 shares. Based on an average daily volume of 3,960,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 3.8% of the company's stock are sold short. 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), HCP (HCP), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include New Residential Investment (NRZ), ANNALY CAP MGMT/SH (NLY), Chesapeake Energy (CHK), TherapeuticsMD (TXMD), IQIYI (IQ), NGL Energy Partners (NGL), Orchid Island Capital (ORC), AGNC Investment (AGNC), CHIMERA INVT CO/SH NEW (CIM) and Enterprise Products Partners (EPD).

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

Sunstone Hotel Investors' stock is owned by many different retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.01%). Company insiders that own Sunstone Hotel Investors stock include Douglas M Pasquale, John V Arabia, Murray J Mccabe and W Blake Baird. View institutional ownership trends for Sunstone Hotel Investors.

SHO stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. View insider buying and selling activity 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 $7.74.

Sunstone Hotel Investors has a market capitalization of $1.67 billion and generates $1.12 billion in revenue each year. The real estate investment trust earns $135.73 million in net income (profit) each year or $1.12 on an earnings per share basis. Sunstone Hotel Investors employs 48 workers across the globe.

The official website for Sunstone Hotel Investors is 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]