NYSE:SHOSunstone Hotel Investors Stock Price, Forecast & News

Sunstone Hotel Investors' stock was trading at $9.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SHO shares have decreased by 0.9% and is now trading at $9.06. View which stocks have been most 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 Thursday, August 6th 2020. View our earnings forecast for Sunstone Hotel Investors.

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

Sunstone Hotel Investors announced 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 dividend yield of 2.21%. The ex-dividend date of this dividend is Monday, March 30th. View Sunstone Hotel Investors' dividend history.

9 equities research analysts have issued 1 year price objectives for Sunstone Hotel Investors' shares. 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 4.1% from the stock's current price. View analysts' price targets for Sunstone Hotel Investors.

Media stories about SHO stock have trended somewhat positive on Wednesday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sunstone Hotel Investors earned a coverage optimism score of 0.9 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutSunstone Hotel Investors.

Sunstone Hotel Investors saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 7,110,000 shares, a drop of 26.8% from the April 30th total of 9,710,000 shares. Based on an average daily volume of 4,440,000 shares, the days-to-cover ratio is currently 1.6 days. Currently, 3.2% of the shares of the company 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), 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). 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.01%), Invesco Ltd. (4.83%), State Street Corp (4.23%), Victory Capital Management Inc. (3.23%), Victory Capital Management Inc. (3.23%) and Principal Financial Group Inc. (2.81%). 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 Franklin Resources Inc., Principal Financial Group Inc., Nuveen Asset Management LLC, Two Sigma Investments LP, Cbre Clarion Securities LLC, Frontier Capital Management Co. LLC, Cohen & Steers Inc., and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity for Sunstone Hotel Investors.

SHO stock was purchased by a variety of institutional investors in the last quarter, including Centersquare Investment Management LLC, Invesco Ltd., Sumitomo Mitsui Trust Holdings Inc., APG Asset Management US Inc., Fuller & Thaler Asset Management Inc., Thrivent Financial for Lutherans, Victory Capital Management Inc., and Victory Capital Management Inc.. 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 $9.06.

Sunstone Hotel Investors has a market capitalization of $1.95 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]