Sunstone Hotel Investors, Inc. (SHO)

NYSE: SHO · IEX Real-Time Price · USD
10.43
+0.46 (4.61%)
Jun 2, 2023, 4:00 PM EDT - Market closed
4.61%
Market Cap 2.16B
Revenue (ttm) 983.18M
Net Income (ttm) 80.15M
Shares Out 207.10M
EPS (ttm) 0.37
PE Ratio 28.19
Forward PE 51.28
Dividend $0.20 (1.92%)
Ex-Dividend Date Jun 29, 2023
Volume 1,761,502
Open 10.15
Previous Close 9.97
Day's Range 10.13 - 10.45
52-Week Range 8.60 - 12.72
Beta 1.30
Analysts Sell
Price Target 9.92 (-4.89%)
Earnings Date Aug 2, 2023

About SHO

Sunstone Hotel Investors, Inc. is a lodging real estate investment trust (REIT) that as of the date of this release has interests in 19 hotels comprised of 9,997 rooms. Sunstone's business is to acquire, own, asset manage and renovate or reposition hotels considered to be Long-Term Relevant Real Estate®, the majority of which are operated under nationally recognized brands, such as Marriott, Hilton and Hyatt. [Read more]

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

Financial Performance

In 2022, SHO's revenue was $912.05 million, an increase of 79.13% compared to the previous year's $509.15 million. Earnings were $73.04 million, an increase of 434.71%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SHO stock is "Sell." The 12-month stock price forecast is $9.92, which is a decrease of -4.89% from the latest price.

Price Target
$9.92
(-4.89% downside)
Analyst Consensus: Sell
Stock Forecasts

News

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2023

Returns Additional Capital to Stockholders Through Incremental Share Repurchases and Dividends Refinances Only 2023 Debt Maturity ALISO VIEJO, Calif. , May 5, 2023 /PRNewswire/ -- Sunstone Hotel Inves...

1 month ago - PRNewsWire

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

ALISO VIEJO, Calif. , April 6, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, anno...

2 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2022

Completes Nearly $700 Million of Transaction Activity in 2022 Returns Additional Capital to Shareholders Through Incremental Share Repurchases and Dividends ALISO VIEJO, Calif. , Feb. 22, 2023 /PRNews...

3 months ago - PRNewsWire
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SUNSTONE HOTEL INVESTORS SCHEDULES FOURTH QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

ALISO VIEJO, Calif. , Feb. 1, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, annou...

4 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2022 DIVIDENDS

ALISO VIEJO, Calif. , Jan. 20, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, anno...

4 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2022

Returns Capital to Shareholders Through Additional Share Repurchases and Dividends IRVINE, Calif. , Nov. 8, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO...

7 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS SCHEDULES THIRD QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

IRVINE, Calif. , Sept. 22, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announce...

9 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS PROVIDES OPERATIONS UPDATE

IRVINE, Calif. , Sept. 14, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today pr...

9 months ago - PRNewsWire
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SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2022

Completes Acquisition of The Confidante Miami Beach and the Remaining 25% JV Interest in the Hilton San Diego Bayfront Amends Credit Agreement to Extend Maturities and Increase Debt Capacity Continues...

10 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS COMPLETES $850 MILLION AMENDED AND RESTATED CREDIT AGREEMENT

Extends Maturities to 2027 and 2028, Increases Term Loan Borrowing Capacity, and Results in a Fully Undrawn Revolving Credit Facility IRVINE, Calif. , July 27, 2022 /PRNewswire/ -- Sunstone Hotel Inve...

11 months ago - PRNewsWire

Sunstone Hotel Investors Set to Join S&P SmallCap 600

NEW YORK , July 18, 2022 /PRNewswire/ -- Sunstone Hotel Investors Inc. (NYSE:SHO) will replace Vonage Holdings Corp. (NASD:VG) in the S&P SmallCap 600 effective prior to the opening of trading on Thur...

Other symbols: SPGI
11 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS SCHEDULES SECOND QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

IRVINE, Calif. , June 27, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS COMPLETES ACQUISITION OF THE CONFIDANTE MIAMI BEACH AND PROVIDES BUSINESS UPDATE

IRVINE, Calif. , June 2, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today anno...

1 year ago - PRNewsWire
}

SUNSTONE HOTEL INVESTORS TO ACQUIRE THE REMAINING 25% JOINT VENTURE INTEREST IN HILTON SAN DIEGO BAYFRONT FROM PARK HOTELS & RESORTS

IRVINE, Calif. , June 1, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced ...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS TO ACQUIRE THE CONFIDANTE MIAMI BEACH AND REPOSITION AS ANDAZ MIAMI BEACH

IRVINE, Calif. , May 4, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced t...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FIRST QUARTER 2022

IRVINE, Calif. , May 4, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today annou...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS SCHEDULES FIRST QUARTER 2022 EARNINGS RELEASE AND CONFERENCE CALL

IRVINE, Calif. , April 6, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, announced...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS COMPLETES DISPOSITION OF TWO CHICAGO HOTELS, PROVIDES OPERATIONS UPDATE AND COMMENCES SHARE REPURCHASES

IRVINE, Calif., March 17, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today ann...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS ANNOUNCES EXIT FROM COVENANT RELIEF PERIOD

IRVINE, Calif., March 7, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today an...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS BOARD OF DIRECTORS ANNOUNCES SENIOR MANAGEMENT APPOINTMENTS

IRVINE, Calif. , March 7, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today a...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR FOURTH QUARTER AND FULL YEAR 2021

IRVINE, Calif., Feb. 22, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today an...

1 year ago - PRNewsWire

SUNSTONE HOTEL INVESTORS ANNOUNCES TAX TREATMENT OF 2021 DIVIDENDS

IRVINE, Calif., Jan. 21, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announce...

1 year ago - PRNewsWire

Sunstone Hotel Investors Schedules Fourth Quarter 2021 Earnings Release and Conference Call

IRVINE, Calif. , Jan. 19, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announc...

1 year ago - PRNewsWire

Sunstone Hotel Investors Completes Disposition Of Embassy Suites La Jolla And Acquisition Of Four Seasons Resort Napa Valley

IRVINE, Calif. , Dec. 6, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, announce...

1 year ago - PRNewsWire

Sunstone Hotel Investors Reports Results For Third Quarter 2021

IRVINE, Calif., Nov. 4, 2021 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the hospitality sector, today ann...

1 year ago - PRNewsWire