Sunstone Hotel Investors, Inc. (NYSE:SHO) Receives Average Recommendation of “Hold” from Brokerages

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have been given an average recommendation of “Hold” by the nine analysts that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $10.2857.

A number of equities analysts recently commented on the company. Zacks Research upgraded Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. LADENBURG THALM/SH SH began coverage on Sunstone Hotel Investors in a report on Thursday, March 26th. They issued a “hold” rating and a $10.00 price objective for the company. Citigroup increased their price objective on Sunstone Hotel Investors from $9.50 to $10.00 and gave the stock a “neutral” rating in a report on Wednesday, May 6th. Wells Fargo & Company increased their price objective on Sunstone Hotel Investors from $10.00 to $12.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Finally, Truist Financial increased their price objective on Sunstone Hotel Investors from $10.00 to $11.00 and gave the stock a “hold” rating in a report on Thursday, March 26th.

Sunstone Hotel Investors Price Performance

Shares of Sunstone Hotel Investors stock opened at $11.90 on Friday. The company has a quick ratio of 3.42, a current ratio of 3.42 and a debt-to-equity ratio of 0.58. The company has a market cap of $2.22 billion, a PE ratio of 108.15, a P/E/G ratio of 2.63 and a beta of 0.98. The business has a 50 day moving average of $10.48 and a 200 day moving average of $9.62. Sunstone Hotel Investors has a 52 week low of $8.48 and a 52 week high of $12.03.

Sunstone Hotel Investors (NYSE:SHO) last announced its earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.05. The company had revenue of $259.71 million during the quarter, compared to the consensus estimate of $244.30 million. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The firm’s revenue for the quarter was up 10.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. As a group, equities research analysts forecast that Sunstone Hotel Investors will post 0.91 earnings per share for the current year.

Sunstone Hotel Investors Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.09 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.36 dividend on an annualized basis and a yield of 3.0%. Sunstone Hotel Investors’s dividend payout ratio is 327.27%.

Hedge Funds Weigh In On Sunstone Hotel Investors

A number of institutional investors have recently added to or reduced their stakes in SHO. Kestra Advisory Services LLC bought a new position in Sunstone Hotel Investors in the fourth quarter worth $26,000. North Star Investment Management Corp. bought a new position in Sunstone Hotel Investors in the first quarter worth $27,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in Sunstone Hotel Investors by 27.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 1,135 shares in the last quarter. FIL Ltd raised its holdings in Sunstone Hotel Investors by 57.2% in the fourth quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock worth $81,000 after purchasing an additional 3,280 shares in the last quarter. Finally, Cerity Partners LLC bought a new position in Sunstone Hotel Investors in the second quarter worth $88,000. Institutional investors own 99.37% of the company’s stock.

Sunstone Hotel Investors Company Profile

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.