Sunstone Hotel Investors, Inc. (SHO)

NYSE: SHO · Real-Time Price · USD
10.00
-0.06 (-0.60%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.60%
Market Cap 2.01B
Revenue (ttm) 910.26M
Net Income (ttm) 154.04M
Shares Out 200.90M
EPS (ttm) 0.76
PE Ratio 13.21
Forward PE 78.25
Dividend $0.36 (3.60%)
Ex-Dividend Date Sep 30, 2024
Volume 1,366,387
Open 9.99
Previous Close 10.06
Day's Range 9.95 - 10.07
52-Week Range 9.39 - 11.59
Beta 1.25
Analysts Hold
Price Target 11.42 (+14.2%)
Earnings Date Nov 12, 2024

About SHO

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release owns 14 hotels comprised of 6,675 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership, and disposition of well-located hotel and resort real estate. [Read more]

Sector Real Estate
IPO Date Aug 10, 1995
Employees 40
Stock Exchange NYSE
Ticker Symbol SHO
Full Company Profile

Financial Performance

In 2023, Sunstone Hotel Investors's revenue was $985.98 million, an increase of 8.22% compared to the previous year's $911.05 million. Earnings were $191.73 million, an increase of 164.12%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for SHO stock is "Hold." The 12-month stock price forecast is $11.42, which is an increase of 14.20% from the latest price.

Price Target
$11.42
(14.20% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Sunstone Hotel Investors, Inc. (SHO) Q3 2024 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO) Q3 2024 Earnings Conference Call November 12, 2024 12:00 PM ET Company Participants Aaron Reyes – Chief Financial Officer Bryan Giglia – Chief Executive Offi...

8 days ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2024

Refinances Only 2024 Maturity ALISO VIEJO, Calif. , Nov. 12, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter...

8 days ago - PRNewsWire

Sunstone Hotel Investors: 6.74% Preferred Shares Are Losing Appeal

Sunstone Hotel Investors' preferred shares are attractive due to a robust balance sheet and excellent dividend coverage, despite a recent AFFO guidance reduction. The preferred dividends are well-cove...

23 days ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS PROVIDES OPERATIONS UPDATE

ALISO VIEJO, Calif. , Oct. 10, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today provided an update on recent operating activity for the third quarter...

5 weeks ago - PRNewsWire

SUNSTONE HOTEL INVESTORS SCHEDULES THIRD QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif. , Sept. 30, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the third quarter 2024...

7 weeks ago - PRNewsWire

Sunstone Hotel Investors, Inc. (SHO) Q2 2024 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO) Q2 2024 Earnings Conference Call August 7, 2024 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Bryan Giglia - Chief Executive Officer...

3 months ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2024

ALISO VIEJO, Calif. , Aug. 7, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ended June 30, 2024.

3 months ago - PRNewsWire

The Dangers Of High Yield Preferreds

Some high yield preferreds offer stable double-digit yields and potential for capital gains, trading at discounts to par value. Preferreds are paid through dividends, liquidation preference, and redem...

Other symbols: AHTPLDPMTSQFT
4 months ago - Seeking Alpha

Sunstone Hotel: Better Wait For A Better Price

Sunstone manages a high-quality hotel portfolio located in coastal markets. It has good growth prospects and very low leverage, but also a low dividend yield. The valuation is not very attractive, whi...

5 months ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif. , June 24, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the second quarter 2024...

5 months ago - PRNewsWire

Sunstone Hotel Investors: 7.2%-Yielding Preferred Shares Offer Great Risk/Reward

The Sunstone Hotel Investors, Inc. preferred share price of the Series H has come down from a Q1 spike. Sunstone Hotel Investors reported a net income of $13M in Q1, with a decrease in AFFO per share ...

5 months ago - Seeking Alpha

Sunstone Hotel Investors, Inc. (SHO) Q1 2024 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO) Q1 2024 Earnings Conference Call May 6, 2024 12:00 PM ET Company Participants Aaron Reyes - CFO Bryan Giglia - CEO Robert Springer - President and Chief Inve...

7 months ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2024

Acquires the Hyatt Regency San Antonio Riverwalk Increases Quarterly Dividend ALISO VIEJO, Calif. , May 6, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO)...

7 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS ANNOUNCES CHANGE IN LOCATION OF 2024 ANNUAL MEETING OF STOCKHOLDERS

ALISO VIEJO, Calif., April 11, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its upcoming 2024 Annual Meeting of Stockholders (the ...

7 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS TO ACQUIRE HYATT REGENCY SAN ANTONIO RIVERWALK

ALISO VIEJO, Calif. , April 10, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it has entered into a definitive agreement with an affiliat...

8 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2024 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif. , April 2, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the first quarter 2024 ...

8 months ago - PRNewsWire

Picking A Winner In Hotel REITs

Hotel REITs experienced a significant drop in share value during the COVID-19 pandemic but have since recovered and outperformed the Vanguard Real Estate ETF. Consumer spending is shifting towards ser...

9 months ago - Seeking Alpha

Sunstone Hotel: The 7% Yielding Preferred Shares Are Still Interesting

Sunstone Hotel Investors' preferred dividends are well covered and offer a reliable stream of quarterly dividends. The FFO and AFFO performance of Sunstone indicate the stock is currently relatively a...

9 months ago - Seeking Alpha

Sunstone Hotel Investors, Inc. (SHO) Q4 2023 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (SHO) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023

Returned Nearly $120 Million to Common Stockholders in 2023 Through Dividends and Share Repurchases ALISO VIEJO, Calif. , Feb. 23, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or...

9 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2023 DIVIDENDS

ALISO VIEJO, Calif. , Jan. 25, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced the following tax treatment of the 2023 distributions to holders ...

10 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER 2023 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif. , Jan. 3, 2024 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the fourth quarter and f...

11 months ago - PRNewsWire

Sunstone Hotel Investors: Should You Buy The 2.76% Commons Dividend Yield?

Sunstone Hotel Investors is paying out a 2.76% base annualized dividend yield. The REIT also declared a 6 cents per share end-of-year supplemental. The REIT is trading hands for 11x its price to annua...

1 year ago - Seeking Alpha

SUNSTONE HOTEL INVESTORS DECLARES FOURTH QUARTER DIVIDEND ON COMMON STOCK

ALISO VIEJO, Calif. , Dec. 6, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that its Board of Directors has declared a fourth quarter di...

1 year ago - PRNewsWire

Sunstone Hotel Investors, Inc. (SHO) Q3 2023 Earnings Call Transcript

Sunstone Hotel Investors, Inc. (NYSE:SHO) Q3 2023 Earnings Call Transcript November 7, 2023 12:00 PM ET Company Participants Aaron Reyes - Chief Financial Officer Bryan Giglia - Chief Executive Offic...

1 year ago - Seeking Alpha