Sunstone Hotel Investors, Inc. (NYSE:SHO) Receives $10.67 Average Price Target from Analysts

Shares of Sunstone Hotel Investors, Inc. (NYSE:SHO) have earned a consensus rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $10.6667.

Several equities research analysts have commented on SHO shares. JPMorgan Chase & Co. upped their price objective on Sunstone Hotel Investors from $9.00 to $10.00 and gave the stock an “underweight” rating in a research report on Tuesday, July 21st. Wall Street Zen lowered shares of Sunstone Hotel Investors from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Zacks Research cut shares of Sunstone Hotel Investors from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 23rd. Weiss Ratings raised shares of Sunstone Hotel Investors from a “hold (c)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. Finally, Wells Fargo & Company raised shares of Sunstone Hotel Investors to a “strong-buy” rating in a report on Thursday, July 23rd.

Sunstone Hotel Investors Stock Performance

Shares of SHO stock opened at $11.08 on Wednesday. Sunstone Hotel Investors has a 52-week low of $8.69 and a 52-week high of $12.07. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 0.59. The stock has a market cap of $2.06 billion, a PE ratio of 50.37, a price-to-earnings-growth ratio of 2.62 and a beta of 0.97. The business has a 50-day simple moving average of $11.34 and a 200-day simple moving average of $10.51.

Sunstone Hotel Investors (NYSE:SHO) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.14 EPS for the quarter, topping the consensus estimate of $0.08 by $0.06. The firm had revenue of $277.11 million for the quarter, compared to analyst estimates of $266.67 million. Sunstone Hotel Investors had a return on equity of 3.21% and a net margin of 5.30%.Sunstone Hotel Investors has set its FY 2026 guidance at 0.930-0.980 EPS. On average, equities analysts expect that Sunstone Hotel Investors will post 0.97 EPS for the current year.

Sunstone Hotel Investors Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Wednesday, September 30th. Sunstone Hotel Investors’s dividend payout ratio is presently 163.64%.

Insider Activity at Sunstone Hotel Investors

In related news, insider Robert Springer sold 89,631 shares of the company’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $11.62, for a total value of $1,041,512.22. Following the completion of the transaction, the insider owned 573,743 shares of the company’s stock, valued at approximately $6,666,893.66. This represents a 13.51% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is owned by company insiders.

Institutional Trading of Sunstone Hotel Investors

Several institutional investors have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Sunstone Hotel Investors during the 2nd quarter worth approximately $402,089,000. State Street Corp lifted its position in shares of Sunstone Hotel Investors by 4.9% during the 2nd quarter. State Street Corp now owns 12,179,383 shares of the real estate investment trust’s stock valued at $106,784,000 after buying an additional 571,619 shares in the last quarter. Bank of America Corp DE grew its stake in Sunstone Hotel Investors by 21.1% in the 1st quarter. Bank of America Corp DE now owns 10,099,538 shares of the real estate investment trust’s stock valued at $90,997,000 after acquiring an additional 1,757,965 shares during the period. Alyeska Investment Group L.P. grew its stake in Sunstone Hotel Investors by 86.8% in the 4th quarter. Alyeska Investment Group L.P. now owns 5,369,789 shares of the real estate investment trust’s stock valued at $48,006,000 after acquiring an additional 2,495,914 shares during the period. Finally, Balyasny Asset Management L.P. acquired a new stake in Sunstone Hotel Investors in the 2nd quarter valued at $41,332,000. 99.37% of the stock is owned by institutional investors and hedge funds.

Sunstone Hotel Investors Company Profile

Sunstone Hotel Investors, Inc (NYSE:SHO) is a publicly traded real estate investment trust (REIT) focused on acquiring, owning and asset‐managing upper‐upscale extended‐stay and premium‐branded hotel properties in the United States. The company’s business model centers on generating stable, long‐term cash flows through franchise agreements and third‐party management contracts with established hotel operators.

As of the most recent reporting period, Sunstone’s portfolio includes approximately 97 hotels and nearly 25,000 guest rooms across 19 states, with concentrations in major metropolitan and select high‐growth secondary markets.