Sunstone Hotel Investors Stock Forecast, Price & 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 8.0% and is now trading at $8.41.
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8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Sunstone Hotel Investors in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Sunstone Hotel Investors is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Sunstone Hotel Investors.

Sunstone Hotel Investors Inc (NYSE:SHO) posted its quarterly earnings data on Tuesday, August, 4th. The real estate investment trust reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.43) by $0.12. The real estate investment trust earned $10.42 million during the quarter, compared to analysts' expectations of $20.30 million. Sunstone Hotel Investors had a negative return on equity of 8.77% and a negative net margin of 26.70%. The business's revenue for the quarter was down 96.6% on a year-over-year basis. During the same quarter last year, the company posted $0.36 earnings per share.
View Sunstone Hotel Investors' earnings history.

Sunstone Hotel Investors announced a quarterly dividend on Monday, February 17th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.05 per share on Wednesday, April 15th. This represents a $0.20 annualized dividend and a yield of 2.38%. The ex-dividend date of this dividend is Monday, March 30th.
View Sunstone Hotel Investors' dividend history.

8 brokers have issued 1-year target prices for Sunstone Hotel Investors' shares. Their forecasts range from $7.00 to $11.00. On average, they anticipate Sunstone Hotel Investors' share price to reach $9.17 in the next twelve months. This suggests a possible upside of 9.0% from the stock's current price.
View analysts' price targets for Sunstone Hotel Investors.

Sunstone Hotel Investors saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 5,290,000 shares, an increase of 8.6% from the July 30th total of 4,870,000 shares. Based on an average daily volume of 3,770,000 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.5% of the company's shares are short sold.
View Sunstone Hotel Investors' Short Interest.

Some companies that are related to Sunstone Hotel Investors include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), 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).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include New Residential Investment (NRZ), NGL Energy Partners (NGL), ANNALY CAP MGMT/SH (NLY), CHIMERA INVT CO/SH NEW (CIM), Orchid Island Capital (ORC), Chesapeake Energy (CHKAQ), IQIYI (IQ), TherapeuticsMD (TXMD), AGNC Investment (AGNC) 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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.50%), Victory Capital Management Inc. (3.32%), Sumitomo Mitsui Trust Holdings Inc. (2.04%), Lasalle Investment Management Securities LLC (1.88%), Nuveen Asset Management LLC (1.88%) and Charles Schwab Investment Management Inc. (1.59%). 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 PGGM Investments, Principal Financial Group Inc., Principal Financial Group Inc., Vanguard Group Inc., Charles Schwab Investment Management Inc., Grantham Mayo Van Otterloo & Co. LLC, Jacobs Levy Equity Management Inc., and Bank of New York Mellon Corp.
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SHO stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, FMR LLC, Waterfront Capital Partners LLC, Balyasny Asset Management LLC, Thrivent Financial for Lutherans, Nuveen Asset Management LLC, William Blair Investment Management LLC, and Lasalle Investment Management Securities LLC. Company insiders that have bought Sunstone Hotel Investors stock in the last two years include Douglas M Pasquale, John V Arabia, Murray J Mccabe, and W Blake Baird.
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 $8.41.

Sunstone Hotel Investors has a market capitalization of $1.81 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]