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

Sunstone Hotel Investors' stock was trading at $9.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHO stock has decreased by 7.3% and is now trading at $8.47. View which stocks have been mosted impacted by Coronavirus.

9 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 4 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 Monday, May 4th 2020. View our earnings forecast for Sunstone Hotel Investors.

Sunstone Hotel Investors Inc (NYSE:SHO) announced its earnings results on Tuesday, February, 18th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.06. The real estate investment trust had revenue of $272.90 million for the quarter, compared to analysts' expectations of $266.96 million. Sunstone Hotel Investors had a return on equity of 5.50% and a net margin of 12.35%. Sunstone Hotel Investors's revenue was down 2.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.29 EPS. View Sunstone Hotel Investors' earnings history.

Sunstone Hotel Investors announced a quarterly dividend on Monday, February 17th. Stockholders 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 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date is Monday, March 30th. View Sunstone Hotel Investors' dividend history.

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

9 analysts have issued 1-year price targets for Sunstone Hotel Investors' shares. Their forecasts range from $11.00 to $15.00. On average, they expect Sunstone Hotel Investors' stock price to reach $12.43 in the next twelve months. This suggests a possible upside of 46.7% from the stock's current price. View analysts' price targets for Sunstone Hotel Investors.

Headlines about SHO stock have trended very negative on Tuesday, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sunstone Hotel Investors earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutSunstone Hotel Investors.

Sunstone Hotel Investors saw a increase in short interest in March. As of March 13th, there was short interest totaling 5,106,100 shares, an increase of 16.8% from the February 27th total of 4,370,000 shares. Based on an average trading volume of 3,060,000 shares, the short-interest ratio is presently 1.7 days. Approximately 2.3% of the shares of the 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), Extra Space Storage (EXR), HCP (HCP), Ventas (VTR), 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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sunstone Hotel Investors investors own include New Residential Investment (NRZ), TherapeuticsMD (TXMD), Chesapeake Energy (CHK), Orchid Island Capital (ORC), IQIYI (IQ), ANNALY CAP MGMT/SH (NLY), AGNC Investment (AGNC), CHIMERA INVT CO/SH NEW (CIM), Diversified Healthcare Trust (DHC) and NY MTG TR INC/SH (NYMT).

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

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 $8.47.

Sunstone Hotel Investors has a market capitalization of $1.89 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. 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]