Analysts predict that Sunstone Hotel Investors, Inc. (NYSE:SHO) will announce earnings per share (EPS) of $0.26 for the current quarter, according to Zacks. Eight analysts have made estimates for Sunstone Hotel Investors’ earnings. The lowest EPS estimate is $0.25 and the highest is $0.26. Sunstone Hotel Investors posted earnings per share of $0.14 during the same quarter last year, which indicates a positive year-over-year growth rate of 85.7%. The company is scheduled to report its next quarterly earnings results on Tuesday, February 20th.

According to Zacks, analysts expect that Sunstone Hotel Investors will report full-year earnings of $1.20 per share for the current fiscal year, with EPS estimates ranging from $1.19 to $1.20. For the next fiscal year, analysts expect that the company will report earnings of $1.23 per share, with EPS estimates ranging from $1.17 to $1.31. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that cover Sunstone Hotel Investors.

Sunstone Hotel Investors (NYSE:SHO) last posted its earnings results on Monday, October 30th. The real estate investment trust reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.13 by $0.18. The firm had revenue of $303.91 million for the quarter, compared to the consensus estimate of $299.90 million. Sunstone Hotel Investors had a net margin of 13.78% and a return on equity of 6.20%. The business’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 earnings per share.

SHO has been the topic of several analyst reports. Zacks Investment Research raised shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Friday, November 3rd. Boenning Scattergood reissued a “hold” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, November 1st. BidaskClub downgraded shares of Sunstone Hotel Investors from a “hold” rating to a “sell” rating in a research report on Friday, August 25th. B. Riley reissued a “neutral” rating on shares of Sunstone Hotel Investors in a research report on Wednesday, November 1st. Finally, J P Morgan Chase & Co increased their target price on shares of Sunstone Hotel Investors from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company’s stock. Sunstone Hotel Investors currently has a consensus rating of “Hold” and an average target price of $15.89.

Sunstone Hotel Investors (NYSE:SHO) opened at $16.62 on Friday. The company has a current ratio of 4.76, a quick ratio of 4.75 and a debt-to-equity ratio of 0.40. The company has a market cap of $3,722.31, a price-to-earnings ratio of 13.54, a price-to-earnings-growth ratio of 2.76 and a beta of 1.11. Sunstone Hotel Investors has a 1 year low of $14.15 and a 1 year high of $17.15.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Sunstone Hotel Investors by 4.5% in the second quarter. Vanguard Group Inc. now owns 37,717,053 shares of the real estate investment trust’s stock valued at $607,999,000 after purchasing an additional 1,619,745 shares during the last quarter. BlackRock Inc. grew its position in shares of Sunstone Hotel Investors by 1.3% in the second quarter. BlackRock Inc. now owns 19,799,736 shares of the real estate investment trust’s stock valued at $319,172,000 after purchasing an additional 255,552 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Sunstone Hotel Investors by 3.5% in the third quarter. Principal Financial Group Inc. now owns 12,833,817 shares of the real estate investment trust’s stock valued at $206,238,000 after purchasing an additional 431,187 shares during the last quarter. State Street Corp grew its position in shares of Sunstone Hotel Investors by 2.6% in the second quarter. State Street Corp now owns 8,727,578 shares of the real estate investment trust’s stock valued at $140,687,000 after purchasing an additional 217,834 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Sunstone Hotel Investors by 9.3% in the third quarter. JPMorgan Chase & Co. now owns 6,531,026 shares of the real estate investment trust’s stock valued at $105,148,000 after purchasing an additional 554,518 shares during the last quarter.

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About Sunstone Hotel Investors

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.

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

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