Sunstone Hotel Investors, Inc. (SHO)

NYSE: SHO · IEX Real-Time Price · USD
10.06
-0.06 (-0.59%)
Apr 18, 2024, 4:00 PM EDT - Market closed
-0.59%
Market Cap 2.05B
Revenue (ttm) 986.48M
Net Income (ttm) 192.72M
Shares Out 203.69M
EPS (ttm) 0.93
PE Ratio 10.82
Forward PE 39.37
Dividend $0.19 (1.88%)
Ex-Dividend Date Mar 27, 2024
Volume 1,061,435
Open 10.13
Previous Close 10.12
Day's Range 10.05 - 10.22
52-Week Range 8.61 - 11.59
Beta 1.22
Analysts Sell
Price Target 10.00 (-0.6%)
Earnings Date May 6, 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, SHO's revenue was $986.48 million, an increase of 8.16% compared to the previous year's $912.05 million. Earnings were $192.72 million, an increase of 163.85%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for SHO stock is "Sell." The 12-month stock price forecast is $10.0, which is a decrease of -0.60% from the latest price.

Price Target
$10.0
(-0.60% downside)
Analyst Consensus: Sell
Stock Forecasts

News

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 days 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 days 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 ...

16 days ago - PRNewsWire

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...

7 weeks 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 ...

3 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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR THIRD QUARTER 2023

ALISO VIEJO, Calif. , Nov. 7, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the third quarter ended September 30, 2023.

5 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS ANNOUNCES THE DISPOSITION OF BOSTON PARK PLAZA

ALISO VIEJO, Calif. , Oct. 26, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced that it has completed the sale of the 1,060-room Boston Par...

6 months ago - PRNewsWire

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

ALISO VIEJO, Calif. , Oct. 4, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) announced that it will report financial results for the third quarter 2023 o...

7 months ago - PRNewsWire

Wildfires Could Hit Hawaii Tourism Industry. Some Stocks to Watch.

The biggest question for the island's companies—and broader economy— will be how long tourists might stay away.

Other symbols: HAHEHSTMLPPK
8 months ago - Barrons

SUNSTONE HOTEL INVESTORS PROVIDES UPDATE ON IMPACT FROM RECENT FIRES ON MAUI

ALISO VIEJO, Calif. , Aug. 10, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today provided an update regarding its Wailea Beach Resort following the re...

9 months ago - PRNewsWire

SUNSTONE HOTEL INVESTORS REPORTS RESULTS FOR SECOND QUARTER 2023

Increases Quarterly Dividend ALISO VIEJO, Calif. , Aug. 4, 2023 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO) today announced results for the second quarter ...

9 months ago - PRNewsWire

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

ALISO VIEJO, Calif. , June 26, 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...

10 months ago - PRNewsWire

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 year 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...

1 year 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...

1 year ago - PRNewsWire

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...

1 year 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...

1 year 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...

1 year 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...

1 year 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...

1 year ago - PRNewsWire

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...

1 year 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...

1 year 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
1 year ago - PRNewsWire