Sunstone Hotel Investors, Inc. (NYSE:SHO) – Investment analysts at Boenning Scattergood lowered their FY2017 EPS estimates for Sunstone Hotel Investors in a research note issued on Wednesday. Boenning Scattergood analyst F. Van. Dijkum now forecasts that the real estate investment trust will earn $1.19 per share for the year, down from their previous forecast of $1.20. Boenning Scattergood has a “Hold” rating on the stock. Boenning Scattergood also issued estimates for Sunstone Hotel Investors’ Q4 2017 earnings at $0.25 EPS and Q4 2018 earnings at $0.27 EPS.

Sunstone Hotel Investors (NYSE:SHO) last posted its quarterly earnings data on Monday, October 30th. The real estate investment trust reported $0.31 EPS for the quarter, beating the consensus estimate of $0.13 by $0.18. The business had revenue of $303.91 million for the quarter, compared to analysts’ expectations of $299.90 million. Sunstone Hotel Investors had a net margin of 13.78% and a return on equity of 6.26%. The firm’s revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.33 EPS.

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Several other research analysts have also issued reports on SHO. BidaskClub lowered shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Canaccord Genuity increased their target price on shares of Sunstone Hotel Investors from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research lowered shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Robert W. Baird reissued a “hold” rating and set a $17.00 target price on shares of Sunstone Hotel Investors in a research note on Thursday, September 21st. Finally, FBR & Co reissued a “hold” rating on shares of Sunstone Hotel Investors in a research note on Tuesday. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the stock. Sunstone Hotel Investors presently has a consensus rating of “Hold” and a consensus price target of $15.89.

Several institutional investors have recently added to or reduced their stakes in the business. Profund Advisors LLC lifted its stake in shares of Sunstone Hotel Investors by 1.6% in the second quarter. Profund Advisors LLC now owns 16,650 shares of the real estate investment trust’s stock valued at $268,000 after buying an additional 257 shares in the last quarter. Utah Retirement Systems lifted its stake in shares of Sunstone Hotel Investors by 3.1% in the second quarter. Utah Retirement Systems now owns 13,386 shares of the real estate investment trust’s stock valued at $216,000 after buying an additional 400 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Sunstone Hotel Investors by 6.0% in the first quarter. Envestnet Asset Management Inc. now owns 7,919 shares of the real estate investment trust’s stock valued at $121,000 after buying an additional 449 shares in the last quarter. Ameritas Investment Partners Inc. lifted its stake in shares of Sunstone Hotel Investors by 3.2% in the second quarter. Ameritas Investment Partners Inc. now owns 19,388 shares of the real estate investment trust’s stock valued at $313,000 after buying an additional 609 shares in the last quarter. Finally, GAM Holding AG lifted its stake in shares of Sunstone Hotel Investors by 3.7% in the second quarter. GAM Holding AG now owns 18,830 shares of the real estate investment trust’s stock valued at $304,000 after buying an additional 666 shares in the last quarter.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc operates as a self-managed and self-administered real estate investment trust. The Company’s primary business is to acquire, own, asset manage and renovate primarily urban and resort upper upscale hotels in the United States. It operates through hotel ownership segment. It owns primarily urban and resort upper upscale hotels in the United States.

Earnings History and Estimates for Sunstone Hotel Investors (NYSE:SHO)

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