Sunstone Hotel Investors, Inc. (NYSE:SHO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $10.8333.

A number of research firms have weighed in on SHO. Wells Fargo & Company lifted their price objective on Sunstone Hotel Investors from $12.00 to $13.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. LADENBURG THALM/SH SH started coverage on Sunstone Hotel Investors in a research note on Thursday, March 26th. They issued a “hold” rating and a $10.00 target price on the stock. Zacks Research raised Sunstone Hotel Investors from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Truist Financial lifted their price target on Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Sunstone Hotel Investors in a report on Friday.

Insider Buying and Selling

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the company’s stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $11.62, for a total value of $1,041,512.22. Following the completion of the transaction, the insider owned 573,743 shares in the company, valued at approximately $6,666,893.66. This represents a 13.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Sunstone Hotel Investors

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada boosted its position in Sunstone Hotel Investors by 13.9% during the first quarter. Royal Bank of Canada now owns 69,862 shares of the real estate investment trust’s stock worth $658,000 after purchasing an additional 8,504 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Sunstone Hotel Investors by 1.6% during the 1st quarter. AQR Capital Management LLC now owns 83,864 shares of the real estate investment trust’s stock worth $789,000 after buying an additional 1,307 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Sunstone Hotel Investors by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 119,358 shares of the real estate investment trust’s stock worth $1,123,000 after buying an additional 3,607 shares during the period. Goldman Sachs Group Inc. lifted 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 buying an additional 1,589,258 shares in the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Sunstone Hotel Investors during the 1st quarter valued at approximately $120,000. Hedge funds and other institutional investors own 99.37% of the company’s stock.

Sunstone Hotel Investors Price Performance

Shares of NYSE:SHO opened at $11.28 on Tuesday. Sunstone Hotel Investors has a twelve month low of $8.48 and a twelve month high of $12.07. The company has a current ratio of 3.42, a quick ratio of 3.42 and a debt-to-equity ratio of 0.58. The company has a market cap of $2.10 billion, a PE ratio of 102.51, a price-to-earnings-growth ratio of 2.51 and a beta of 0.97. The company’s 50 day moving average is $11.10 and its 200 day moving average is $9.90.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings data on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The firm had revenue of $259.71 million for the quarter, compared to analyst estimates of $244.29 million. Sunstone Hotel Investors had a net margin of 3.84% and a return on equity of 2.27%. The business’s quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.21 earnings per share. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. On average, sell-side analysts forecast that Sunstone Hotel Investors will post 0.91 EPS for the current year.

Sunstone Hotel Investors Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.36 dividend on an annualized basis and a yield of 3.2%. Sunstone Hotel Investors’s dividend payout ratio is 327.27%.

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.