Wells Fargo & Company Issues Pessimistic Forecast for Sunstone Hotel Investors (NYSE:SHO) Stock Price

Sunstone Hotel Investors (NYSE:SHO) had its price target dropped by investment analysts at Wells Fargo & Company from $11.00 to $10.00 in a report released on Tuesday,Benzinga reports. The firm presently has an “overweight” rating on the real estate investment trust’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 8.05% from the stock’s previous close.

A number of other research analysts also recently issued reports on the stock. Wall Street Zen upgraded shares of Sunstone Hotel Investors from a “sell” rating to a “hold” rating in a research report on Saturday, February 28th. Robert W. Baird reaffirmed a “neutral” rating and set a $10.00 price target on shares of Sunstone Hotel Investors in a research report on Monday, January 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sunstone Hotel Investors in a research note on Wednesday, January 21st. Finally, Zacks Research cut Sunstone Hotel Investors from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $9.25.

Sunstone Hotel Investors Stock Performance

SHO opened at $9.26 on Tuesday. Sunstone Hotel Investors has a 12-month low of $7.45 and a 12-month high of $10.27. The company has a current ratio of 2.94, a quick ratio of 2.94 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $1.75 billion, a PE ratio of 231.43, a P/E/G ratio of 2.50 and a beta of 0.97. The firm has a 50 day moving average of $9.18 and a two-hundred day moving average of $9.23.

Sunstone Hotel Investors (NYSE:SHO) last announced its quarterly earnings data on Friday, February 27th. The real estate investment trust reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. The business had revenue of $236.97 million during the quarter, compared to analysts’ expectations of $226.18 million. Sunstone Hotel Investors had a net margin of 2.56% and a return on equity of 1.44%. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.16 EPS. Sunstone Hotel Investors has set its FY 2026 guidance at 0.810-0.940 EPS. On average, analysts anticipate that Sunstone Hotel Investors will post 0.79 EPS for the current year.

Institutional Trading of Sunstone Hotel Investors

A number of hedge funds have recently added to or reduced their stakes in SHO. Balyasny Asset Management L.P. acquired a new stake in Sunstone Hotel Investors during the second quarter valued at $41,332,000. Woodline Partners LP acquired a new position in shares of Sunstone Hotel Investors in the third quarter worth about $44,295,000. Alyeska Investment Group L.P. boosted its stake in shares of Sunstone Hotel Investors by 86.8% during the 4th quarter. Alyeska Investment Group L.P. now owns 5,369,789 shares of the real estate investment trust’s stock worth $48,006,000 after acquiring an additional 2,495,914 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Sunstone Hotel Investors by 132.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,787,519 shares of the real estate investment trust’s stock valued at $26,231,000 after acquiring an additional 1,589,258 shares during the period. Finally, Tributary Capital Management LLC grew its position in shares of Sunstone Hotel Investors by 92.4% during the 3rd quarter. Tributary Capital Management LLC now owns 2,691,706 shares of the real estate investment trust’s stock valued at $25,221,000 after acquiring an additional 1,292,691 shares during the period. 99.37% of the stock is owned by hedge funds and other institutional investors.

About Sunstone Hotel Investors

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.