Sunstone Hotel Investors (NYSE:SHO) Upgraded at Wall Street Zen

Sunstone Hotel Investors (NYSE:SHO) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other equities analysts also recently weighed in on SHO. Wells Fargo & Company raised their target price on shares of Sunstone Hotel Investors from $12.00 to $13.00 and gave the company an “overweight” rating in a report on Wednesday, June 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sunstone Hotel Investors in a report on Friday, July 10th. Truist Financial increased their price target on shares of Sunstone Hotel Investors from $10.00 to $11.00 and gave the company a “hold” rating in a research report on Thursday, March 26th. Citigroup lifted their price objective on Sunstone Hotel Investors from $9.50 to $10.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. Finally, LADENBURG THALM/SH SH started coverage on Sunstone Hotel Investors in a report on Thursday, March 26th. They set a “hold” rating and a $10.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Sunstone Hotel Investors presently has an average rating of “Moderate Buy” and a consensus target price of $10.83.

Sunstone Hotel Investors Stock Up 1.9%

Sunstone Hotel Investors stock opened at $11.73 on Friday. Sunstone Hotel Investors has a fifty-two week low of $8.48 and a fifty-two week high of $12.07. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 106.69, a price-to-earnings-growth ratio of 2.58 and a beta of 0.97. The stock’s fifty day moving average is $11.20 and its two-hundred day moving average is $9.96. The company has a debt-to-equity ratio of 0.58, a quick ratio of 3.42 and a current ratio of 3.42.

Sunstone Hotel Investors (NYSE:SHO) last released its quarterly earnings results on Tuesday, May 5th. The real estate investment trust reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. Sunstone Hotel Investors had a return on equity of 2.27% and a net margin of 3.84%.The business had revenue of $259.71 million during the quarter, compared to the consensus estimate of $244.29 million. During the same quarter in the previous year, the company posted $0.21 EPS. The business’s revenue was up 10.9% on a year-over-year basis. Sunstone Hotel Investors has set its FY 2026 guidance at 0.880-0.960 EPS. Analysts predict that Sunstone Hotel Investors will post 0.91 EPS for the current fiscal year.

Insider Buying and Selling at Sunstone Hotel Investors

In other Sunstone Hotel Investors news, insider Robert C. Springer sold 89,631 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total transaction of $1,041,512.22. Following the transaction, the insider owned 573,743 shares of the company’s stock, valued at $6,666,893.66. This represents a 13.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sunstone Hotel Investors

Institutional investors have recently added to or reduced their stakes in the business. Kestra Advisory Services LLC purchased a new position in Sunstone Hotel Investors during the fourth quarter worth about $26,000. North Star Investment Management Corp. purchased a new stake in Sunstone Hotel Investors in the 1st quarter valued at about $27,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in Sunstone Hotel Investors by 27.4% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,274 shares of the real estate investment trust’s stock valued at $47,000 after buying an additional 1,135 shares during the period. FIL Ltd grew its holdings in Sunstone Hotel Investors by 57.2% in the 4th quarter. FIL Ltd now owns 9,010 shares of the real estate investment trust’s stock valued at $81,000 after buying an additional 3,280 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Sunstone Hotel Investors during the 1st quarter valued at about $91,000. 99.37% of the stock is currently owned by institutional investors and hedge funds.

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.