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. Stockholders of record on Friday, June 29th will be given a dividend of $0.05 per share on Monday, July 16th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Thursday, June 28th. View Sunstone Hotel Investors' Dividend History.

Sunstone Hotel Investors announced that its Board of Directors has authorized a stock repurchase program on Friday, April 7th 2017, which authorizes the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 9.1% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Sunstone Hotel Investors Inc (NYSE:SHO) issued its quarterly earnings data on Monday, May, 7th. The real estate investment trust reported $0.15 EPS for the quarter, missing the consensus estimate of $0.19 by $0.04. The real estate investment trust had revenue of $271.45 million for the quarter, compared to analysts' expectations of $263.09 million. Sunstone Hotel Investors had a net margin of 10.28% and a return on equity of 4.41%. Sunstone Hotel Investors's quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous 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 analysts have issued 1-year price objectives for Sunstone Hotel Investors' stock. Their predictions range from $14.00 to $18.00. On average, they anticipate 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 stories about SHO stock have been trending somewhat positive recently, according to Accern. The research firm ranks the sentiment of press 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 closest to one being the most favorable. Sunstone Hotel Investors earned a daily sentiment score of 0.03 on Accern's scale. They also assigned media stories about the real estate investment trust an impact score of 44.92 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Sunstone Hotel Investors' stock is owned by many different of retail and institutional investors. Top institutional investors 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 bought 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 $16.46.

Sunstone Hotel Investors has a market capitalization of $3.71 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]