Sunstone Hotel Investors, Inc. (SHO)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...