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